Member Info for Hotfinance14

Diverking...The point being made is not the details of the trial but ENI actually got a trial started with MSC We have been told our trial delays were due to MSC dealing with tariffs issues etc etc.

Scenereport...Don't forget due to tariffs etc we were told we were not at the top of the pile with MSC legal dept.EIN obviously managed to get to the top.

A bit of INFO regarding the time it took for ENI to get the trial completed with MSC :

Eni and MSC were in formal talks for approximately 18 months before completing their 2,000-hour HVO biofuel trial in May 2026.Formal MOU: A Memorandum of Understanding (MoU) regarding this collaboration was signed on 25 November 2024.Trial Completion: The successful 2,000-hour HVO biofuel trial on the MSC Opera was announced as completed on 12 May 2026.While the formal agreement was signed in late 2024, Eni and MSC noted they had been working together as partners for several years prior to the 2024 MOU, which they described as a "natural evolution" of their relationship.The trial, which involved testing Enilive's HVO (Hydrogenated Vegetable Oil) biofuel, showed a 16% reduction in NOx emissions and approximately 80% lower greenhouse gas emissions compared to traditional marine fuel

Eni must be very fortunate to get past the near final form/with legal barriers to start the trial of a new fuel with MSC.

What we do know about our new CEO is his project milestone timeline expectations are just as bad as our previous CEO's.

'I should know this but I dont…. When and what is the next scheduled comms from QED, is it interims? Obviously if we don’t get any RNS on the trial or other projects first.'

We had the interims in March.It will be the final results at the end of the September.

Scenereport....you may want to filter Whiskyman like many others have. He is basically a toxic individual that likes an argument and will try to convince you black is white.

AKHM..Who are they ?

(not sure what Tuckman said as i barred him months ago)

AKHM..We would run out of money before that happens.

Barking...AM was the acting CEO when Peter took over. This is irrelevant now. What we do know is all 3 have not been successful in the role so far to date.

'The Question people should be asking but never seem to over the years is why what is said and what happens in reality never seem to marry.'

Vince i can assure you this has been brought to Peter's attention by a few shareholders and that something has to give when they are spending nearly £1m per quarter with most of this on salaries.

AKHM...Market makers generally do not hold a fixed number of shares in Quadrise . Instead, they maintain dynamic, short-term inventories to provide liquidity by fulfilling buy and sell orders from other investors

JackG..It is probable that nobody hoovered up that 4 million shares and that is why the SP went down yesterday. Please note the below :

there is not always a retail buyer for shares you sell. While a trade requires a counterpart to execute, that buyer is often a market maker (institutional middleman) rather than another individual retail investor, particularly during periods of low liquidity or high volatility.

The seller has obviously run out of patience with the company. We currently have 3 staff that have been in the CEO position and they still struggle to provide any significant progress.

Looks like a sell to me but we will never know.

It the case of they HOPE they are funded until commercialisation. They have stated this many times over the years.

The valkor money is mainly license fee money and not the sale of our fuels.

'Also , when the RNS said that we are funded until commercialisation, do they mean until we get the first money from Valkor. So does that mean we are now “commercial” even though the Valkor money won’t keep the lights on for long? Does anyone have clarity on this ?'

It means when we have revenues from MSAR/BioMSAR coming in which seems a very long way away considering we don't know when any of the trials will start on the 3 main projects. We do however have the smaller Panama project that could bring in revenues.

Do not be suprised if there is no news this quarter of which there is only 8 weeks left. As AKHM stated if there is no news by the end of the quarter serious questions will have to be asked about our new CEO.

The bottom line is since Peter has been the CEO there has been no RNS on any project showing significant progress. It is that simple and that is why the SP is so low.

Chus..file the below for later use :

if the material progress qualifies as "inside information" or is "price-sensitive", it generally must be announced immediately via a Regulatory News Service (RNS) to comply with UK market regulations, particularly for companies listed on the London Stock Exchange (LSE) or AIM.However, not all progress is material. The determination depends on whether the information would likely cause a substantial movement in the share price if made public.Here is a breakdown of when an RNS is mandatory:When RNS is Mandatory (Material Progress)Price-Sensitive Developments: Any new development, not public knowledge, that could significantly move the share price (e.g., successful trial results, major contract win, securing a critical permit).Inside Information (UK MAR): Information of a precise nature that has not been made public, relating to the company or its securities, which, if made public, would be likely to have a significant effect on the price of those securities.Substantial Transactions: As per AIM Rules, when a company agrees on a substantial transaction (e.g., exceeding 10% in class tests), it must be announced.Changes in Performance/Expectation: If the project progress changes the company's expected performance, it must be disclosed.