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QREE is just getting slaughtered.
And left just as fast.....
Glad the buyer came back with a vengeance.
Dropping again today......
Dropping again today...........
we saw QREE dropping a bit today, think some are cashing out and will be loading FLCX for a much bigger run after all FLCX Form 4 shows insiders are buying FLCX at the current PPS so they sure think thats the better deal
My guess is this and FLCX merge at $9. Total share count outstanding becomes roughly 3 million.Yields resulting market cap of $27M
Total guess.
Dennis already said they had $18M in pre-sales. So $27M mC not frothy. But not sure how much we can believe from him. Not good track record for honesty.
GLTA
and Westbrook owns shares in both Company Officers & Contacts
Dennis Meyer Danzik
President, CEO, CFO
William Westbrook
Consultant
Richard L. Jones
Counsel https://www.otcmarkets.com/stock/FLCX/profile
It probably does - way above my pay grade.
Thanks
The question??? How or who has all the Series D stock?
Upon closing the transaction, existing Quantum shareholders will:
Exchange 6 shares of existing Quantum common stock for 1 share of FLCX common stock;
Receive Series D Preferred shares (“Series D”) convertible at a 10:1 ratio into common stock of the new company
The number of Series D stock shares issued will depend on each shareholder’s original cash investment in Quantum and the trading price of the effective date of the merged company. On that day the Series D will be issued.
Post-merger, the combined company will adopt the name Quantum Energy, Inc. and trade on the OTC Markets under the existing ticker, QREE, and have approximately 35 million shares outstanding.
The Series D may balance (or skew) the equation
I own both and I don't get it.
Do you understand the 6 for 1 exchange?
Sister company FLCX is gonna catch up this week ;)
not complaining if indeed it transfers over to the FLCX shares as well
QREE; In any event, NICE winner for 2-days now!! WOW!!
guess we just wait and see what happens here, but last I checked the same insiders own Pref in both tickers so I think its already approved as no vote will be required for share exchange
QREE: Boy, I hear-ya behind ALL of that, Dude!! What the FLUCK is transpiring with this non-stop SOARING QREE Puppy???????
ya been checking in as I own FLCX shares and this up hundreds of percent and yet u need 6 shares of QREE to get 1 share FLCX this run makes little sense, it should be FLCX running thousands of percent https://archive.fast-edgar.com/20230330/AIZZKQ2CZ22FKZN2222N2ZZ2Q9OAZZ28GT52/
How in the world did they knock it down to .60 cents just a couple of days ago?
Truly unbelievable - too bad I didn't buy every share they had for sale.........
QREE: CONGRATS, Bro!!! (Maybe this IS a 'real' Universe' we live in!!!)
I'm here and I am making coin!!!!!!
QREE: Soars up hugely, for easy money most of this day; yet nobody over here??? (Just iHub's "Garyst", screaming over on "BB's Stock Haven"??? WHATEVER!!!)
What exactly is a pipe and is there a filling for it?
thanks
PIPE shares getting dumped?
Trading at $1 -
0.60 bid
SMH!!!!!!!!!
$20 to sixty cents in about 6 months - only in the OTC...
Wow that really sucks - I can understand not allowing you to buy it, but why in the world would they not allowed you to sell it?
How is that protecting you?
Sorry to hear it.....
Must be nice! We cant sell in Canada.... The security commission wants to protect us investors by not allowing us to sell...I believe it is because the company hasn't filed a document with them...But I am not sure
What a turd - glad I sold a majority of this crap.
Yes, I think public opinion was not so great...
It does make one think twice. Be very careful here. Dennis Danzik is a criminal a very smart criminal IMHO. If he has what he says he has it could be life changing but like I say verify everything first don't take Dennis's word for it.
Do you find it strange that the Earth Engine is put on public display for the very first time at POWERGEN to “over 1,000” attendees and QEGY stock does nothing and FLCX tanks nearly 50% during and after?
The word out on him is:
Very brilliant in his field of study.
Extremely narcissistic!
Psychopath.
Pathological liar.
Don't trust a thing he says unless you third party verify it first.
That is how he was described to me by someone fairly close to him. But as I was told he has a brilliant mind for the stuff that he is doing (has done) for IEC (Quantum). So it could be good money wise if all works out without any lawsuits or infighting or control issues. Which is what I've heard is his biggest problem. Total Control Freak over everything and wanting total control over the company and it's stock.
So read all the filings carefully and proceed with caution. IMHO
Thanks for the heads up....I did google him....My gawd!!!
See the other company insiders section. The lady listed is Dennis's wife.
https://www.otcmarkets.com/stock/QREE/profile
The man behind the scenes. Who I thought (was told) would probably be gone. Just a very big buyer beware as long as Dennis is still behind the scenes pulling the strings. Google him and learn.
who is Dennis Danzik?
Really? Who wrote the letter? I think all should google the author of that shareholder letter along with the words lawsuits. Anyone investing here needs to understand who they are dealing with as far as Dennis Danzik goes.
And why FLCX is a nice buy.
Read the letter to shareholders. Explains the benefits quite clearly.
With FLCX dropping fast and no volume....QREE shares being sold....I think there is some people scared of this merger...I personally would be tooo..... Don't see any benefit to it...Mark my thoughts here, I think you will see Quantum drop low,,,, real low in the next days....
My Bad... Wrong symbol.....Let me repost correctly
What does PRCX have to do with anything?
With FLCX dropping fast and no volume....PRCX shares being sold....I think there is some people scared of this merger...I personally would be tooo..... Don't see any benefit to it...Mark my thoughts here, I think you will see Quantum drop low,,,, real low in the next days....
All QREE operations and assets are moving over to FLCX
Well. $FLCX is down 12%+ today so did exhibitors not like what they saw?
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