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Https://shipandbunker.com/news/world/353728-amazon-teams-up-with-maersk-on-biofuel-bunkers

Maersk still rubbing QED's face in the dog ###.

Let's not forget that the collaboration between MSC and QED is an exploration to see if the possibility of BioMsar is commercially viable. Its not necessarily so that it is...the stumbling block being PRODUCTION.

It may work extremely well and provide everything that MSC are looking for.....but it may not Provide anything at all for the fuel producer for the Trial.

Why committ to producing 50,000 tonnes of BioMsar/Msar, if after the trial the Terminal is discarded in favour for a refinery.

How they sweet talk the Terminal into committing to the trial is anybody's guess.

The only reason QED is still afloat is because of Shareholders like us supporting and believing in the Product, the management are a completely different matter.

I used to believe and admire JM as a CEO who genuinely cared about Retail shareholders who understood their frustrations, but that has completely disappeared and his only concern is for the continued survival of the company in whatever way possible.

My cynicism has grown exponentially as week after week, quarter after quarter and year after year, same BS, same excuses and same results.

Let's take some examples.

Remember the battle we had of trying to get an exact definition of what the Utah project actually was. MK told us it was very straightforward despite multiple explanations....has the Utah project been anything other than simple...it has morphed from using Petrotech technology ( and look where that has ended up) to now this drilling fiasco and its many avenues.

Now KSA, all contracts were signed ( i take it on fuel supply) other than the two main players Aramco and Saudi Electricity who were in a spat for 10 months over an unpaid bill. That was resolved and all should have resumed, but didn't. So back then we were on the verge of it happening, but now we are told KSA don't want to be first movers.....but in 2017/18 they were gonna be first movers....after Maersk fell to pieces.

Then Kuwait, remember the nice photo of the team enjoying a nice meal with the Kuwait Technical team, all smiles and exploring possibilities.

Not mentioning JGC, Mexico, Ecuador yada yada.

I can hear the calls now " Why don't you sell" well not on the the calls from some random Jeff's on a bulletin board.

And I'm still wedded to the belief that they actually want to succeed and will surprise us yet...holding my breath but beginning to turn purple with the wait

We've done nothing other than show support for a good number of years, and what have we got in return,MOU's not worth the paper they are written on, being led to believe we are closer than we actually are to any completion of any project, and timelines that are pie in the sky. If that's shareholder value, then I'm richer than Croesus.

Once again though you have ro ask yourself what can I actually believe.

A few months ago JM said the tripartite talks were progressing positively, how the hell can that be so, if we are still waiting on any kind of agree months later.

Loved that film The Sting. Looks like we are all actors in the sequel.

I wonder if JM is spending a lazy Bank Holiday reading about how disillusioned and fed upto the back teeth of listening to pathetic excuses of setbacks and how imminent everything is. Ha ha no chance couldn't care less I bet.

Looking forward to the puppy dog face excuses at the AGM if some urgency and focus isn't shown soon.

I can understand co-ordinating glycerine supplies and extended testing to see if those different sources are compatible to make Bio-Msar.

The problem is now the terminal which according to JM several are being evaluated. The question is and here is the problem, would a terminal want to get in on the trial, producing 25,000 tonnes of each, if they may not play any further part when commercialisation comes (IF), because then you are looking to a Refinery for commercial volumes.

The good news is the important part. So if Morocco or MSC gets signed then it gives hope and something concrete which gives confidence and hence the share price will take care of itself over time.

I can't remember what I posted last week. Lol.

Haven't a clue HF you're probably more aware of that than me.

After yesterday and the Morocco debacle, its luck,yes but also a massive element of incompetence, complacency and over confidence.

Looking at here and the Forum, LTH's are just plain sick and tired of what JM says is going on/ happening and how it actually transpires in reality. As I've said many times, nothing that JM has said ( Apart from testing) has remotely come true. If I was around my average I wouldn't hesitate in bailing out of this catastrophe of a company and its never ending setbacks and excuses which is always explained away with the potential we have ( Always at a point in the future from where we actually are)

But as always in life potential isn't always realised. I'm going to give them to the AGM to get the Morocco trial done and dusted with contract negotiations underway or possibly concluded and especially, ESPECIALLY , to get this damned tripartite agreement sorted.

If not by AGM. For me the company is finished. Another fund raise is inevitable next year and if they still have nothing by AGM, judging on the pitiful take up on this Open offer, next fund raise will be a disaster.

So its upto JM ( once again) his rhetoric has to meet reality because a lot of investors just plain don't trust a word that comes out of QED at the moment.

And QED will join the rest of the Aim garbage that honest, supportive investors believed in and wanted to succeed.

Don't for Christ sake end up in the Aim bin with XEL, FOGL, GKP,RRL,RMP, SOU and SXX.

And that is what QED is now....a punt. Not really an investment which we all believed it was based over the past 18 months of BS. No more money from me.

Thinking about it the evidence has been there before our eyes all along. EVERY PROJECT, has either fell through or setback after setback, with nothing but flim flam ambiguous waffle to lead us like the carrot and the donkey further along the path, to keep supplying the funds to keep what are essentially chemists to keep playing about in the lab.

Don't you love watching all the money invested in this calamity of a company burning by the second.

What angers me, is all the positive mood music that has been pumped out over the past 18 months when we aren't even close to anything positive.

And I believed it, I'm angry at myself for believing this wasn't just another Aim company.....when it clearly is.

Time for another Proactive Investors presentation, telling us how great things are going, how 9 out 10 confident they feel, how boots are on the ground and it's all Imminent,on the cusp and just around the corner because we've never been so close.

Do we still employ Mike Kirk as a propaganda consultant.

Still never mind we still have Panama and Mexico. LOL

Well put your money where you mouth is and set up the motion to have JM removed. Coming on here and saying it should be so is just like those sending e-mails.

See how much support you receive for your proposal. Not much I would presume. But you wouldn't initiate such a move, don't have the courage of your convictions do you.

Get this no JM, No QED. End of.

So if he's gone from the company, who do we refer to for the Emulsion Technology. He is widely acknowledged as a world expert on Emulsion fuels.

Again baby and bath water come to mind with your solution.

Personally I don't think destabilising the management structure is a great idea. It's JM who is the emulsion fuels expert regardless of his ability as a CEO.

But he really needs to know how on the cusp QED is becoming another failed AIM company. Shareholders belief and hopes are rock bottom and the message it sends out to other clients is just amateurish bodging.

He perfectly timed the fund raise either by design or Coincidence but if another fund raise was on the cards at this rate, he would get zero take up.

Is JM just content with QED being a R&D company until it comes to an end or does he actually want this company to go commercial.

You sometimes have to think that QED are quite happy to stay in the R&D phase, it seems beyond laboratory testing they seem clueless.