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QS Energy, Inc. Engages Investment Bank to Pursue Financing Initiatives
QS Energy, Inc. Engages Investment Bank to Pursue Financing Initiatives.
About this update from Qs Energy, Inc.
[{"type":"text","content":"\n \n \n QS Energy, Inc. Engages Investment Bank to Pursue Financing Initiatives\n \n \nQS Energy, Inc. Engages Investment Bank to Pursue Financing Initiatives\n\nLeading Boutique Investment Bank With a Strong Focus on the Energy Sector to Support the Company's Parallel Growth Strategies\n\n \n SANTA BARBARA, CA--(Marketwired - Sep 8, 2015) - QS Energy, Inc. (the \"Company\") (OTCQX: QSEP), a developer of integrated technology solutions for the energy industry, today announced that it has engaged a leading, U.S.-based boutique investment bank to pursue financing in support of the Company's parallel growth strategies. These dual strategies are consistent of 1) commercialization and deployment of QS Energy's technology offerings; and 2) the acquisition of synergistic and accretive entities or product lines through its wholly-owned subsidiary, QS Energy Pool.\n Greggory Bigger, QS Energy Chief Executive Officer and Chairman, commented, \"We are excited to partner with an organization that is fully committed to the realization of our parallel growth strategies. This oil & gas focused firm will assist QS Energy's capital raising initiatives to fund ongoing operations, and separately for potential acquisitions on a case-by-case basis through QS Energy Pool. As I have stated over the last few months, the current energy market environment provides QS Energy with a unique opportunity, one which we are poised to take advantage of through our product portfolio and via our M&A strategy. The recent downturn and volatility in the US equities markets has only increased opportunities for us on both fronts, and now more than ever, opportunities are opening up for QSEP. Our banking partner understands the potential for immediate revenue generation stemming from these opportunities, and with their capital raising support we hope to aggressively pursue new proposals for our technology as well as accretive acquisitions, thereby leading to immediate value creation for our shareholders.\"\n As previously disclosed, QS Energy recently initiated its mergers & acquisitions plan through its special purpose vehicle, QS Energy Pool, in an effort to acquire companies or assets that will have a substantial, positive impact on the Company's operations and balance sheet. The drastic decrease in global oil prices has put tremendous pressure on many s...