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Mr. Banjo: Yes, it is indeed a scam and always has been. It is just a matter of time until they are finally duly prosecuted by the SEC for their blatant SECURITIES FRAUD.
Not a what, so I guess that makes it a scam.......
IS THIS STOCK A SCAM OR WHAT??? I WANT THE TRUTH!!!
Yes, i believe that is the correct technical description.
I think it's a bunch of "shenanigans".......
These companies still have me confused: I looked up QREE stock and it is designated as "inductance energy" and i had thought that this concept had been quietly dropped! On looking up FLCX stock it is designated as "quantum energy". All rather incestuous if i may use such a word.
Not surprised - thanks
FLCX entered a 15 day grace period
https://www.otcmarkets.com/stock/FLCX/overview
Securities enter a Grace Period when OTC Markets Group is no longer able to confirm that the issuer’s disclosure is current and publicly available as required under Rule 15c2-11. When a security enters a Grace Period, it can continue to be publicly quoted for 15 days. At the end of the 15-day Grace Period, if the required disclosure is not available, the security will move to the Expert Market for unsolicited quoting only, unless OTC Markets Group determines another exception under Rule 15c2-11 applies, such as the Large Company/ADTV exception.
Thanks PC! I'm actually preparing a real doozey of a contribution.
Thank you, Dorick, for your contribution to uphold the truth.
IF this is truly a scam, a large bomb would be more appropriate. But I get it—the wheels of justice oftentimes turn slowly.
Dear Mr. Bystander: Thanks for asking - but I never said I would "drop a bomb." I merely said I would "set off some firecrackers." In fact, it would have been more accurate to say that I would "light some fuses" - because the fuses can be very long on certain types of "firecrackers." Actually I would say that "firecrackers" was not the best choice of a word to use in this instance. I'm really not much of a pyrotechnician - I'm just a very humble and unpretentious little old scambuster. However, I expect to post a major update on the matter of the SECURITIES FRAUD involved in Quantum Energy's so-called "Photon Engine" scam in the near future.
So did Dorick drop his July 4th bomb?
I would reckon what happened is this: when the inductance energy "earth engine" failed he had to think up some way of keeping the business going and avoid a liquidation--hence this photon energy nonsense.
Fully agree. Also, what is the point of hooking it to usb or ethernet ??? Those are designed to provide, not to collect energy and the cost of wiring is multiple of a simple 2 wire cord.
Also, adding the complexity of additional wiring makes it completely impractical.
At a quick glance they appear the same and equally daft. If one replaces the reflector on a fitting one loses ~half the illumination so there would be a need for twice the number of fittings for the same illumination with twice the bill. Assuming 20% efficiency on both the lighting and the photovoltaics the absolute maximum return would be 4% if one covered walls, floor and ceiling with the cells. This is absolutely crazy.
By the way I found a second patent filed:
https://ppubs.uspto.gov/dirsearch-public/print/downloadPdf/20240146239
Not sure how this is different from the first.
https://ppubs.uspto.gov/dirsearch-public/print/downloadPdf/20240142073
No it is the other way around. Floidcx is changing its name to Quantum Energy Corporation. Which is distinct from Quantum Energy Inc (QREE). They sure like those name games...
https://www.otcmarkets.com/filing/html?id=17634421&guid=wlO-kpD3VP_h_Vh
Thanks, Dorick, but i am still confused. After the merger/takeover was cancelled i am sure i saw a report stating that quantum was changing it's name to flooid, unless i'm mistaken. Anyway here's a snippet i discovered yesterday: a company in Korea has developed an alternative solar panel that is 20- 200 times more efficient than existing panels(20-200, depending on where you read it). Can you guess what they call the tech? PHOTON ENERGY!! The name is Wavja. That will pull the rug from under Dennis' feet!!
FlooidCX Corp (with stock symbol FLCX) "does business" as Quantum Energy Corporation and has said they plan to change their name to Quantum Energy Corporation.
"On March 29, 2023 FlooidCX Corp. (“FLCX”), a Nevada corporation entered into An Agreement and Plan of Merger (the “Agreement”) with Quantum Energy, Inc. [not to be confused with Quantum Energy CORPORATION], a Nevada corporation (“QREE”). "
However, the planned merger was cancelled not long ago. So the two companies will remain separate and so will their stocks.
This whole FLCX and QREE arrangement has me confused. Quantum energy corp sometimes poses as FLCX and sometimes as QREE. These two stocks have different price quotes. Can anyone explain?
So nothings changed I see.
Still a bunch of bullchit.
No sign of an installed QE device anywhere, not a single social media post from a distributor. Also 10Qs for QREE and FLCX are way late.
Found this article:
https://web.archive.org/web/20230812210955/https://www.energybusinessreview.com/quantum-energy-corporation
Which contains quite a few gems:
I am yet to find any realness in their product line, distribution agreements, patents, etc.
Everything is "page missing", "to be released", only cited on their press release, no website, or aesir.energy style.
Looking again at Quantum info(yes, i'm a masochist!) and all these dubious references to "dealerships", i continually see mention of 400+ products?? Have they even got one physical real world product?
In early May PNOC announced a partnership with Landbank Ink for rooftop solar, and in a separate announcement a partnership with Moorfields regarding aquavoltaics.
Aside from Quantum’s press release, PNOC makes no mention anywhere (that I can find) of a partnership with Arc Energy.
https://www.philstar.com/business/2024/05/02/2351845/pnoc-landbank-ink-agreement-solar-rooftop/amp/
https://solarquarter.com/2024/05/03/aquavoltaic-partnership-pnoc-and-moorfields-capital-to-drive-sustainable-energy-in-the-philippines/
I'm borrowing this from payupdeadbeat:
Over the years, I have grown to hate the word "soon." It is usually the harbinger of an extended period of disappointment.
Every time boredom strikes i have a look at the quantum site and click on "magnetic propulsion" and it says "soon to be released", as it has been saying for a long time now. The question is "how soon is soon"!, hilarious.
This has a better chance of succeeding than QREE does, LOL.......
Good questions. What use are these "techs"?, none at all i would guess.
Forget all this talk about engines, magnets, photonics, etc!
I have just discovered the key to perpetual motion!
https://www.instagram.com/reel/C70fT7jKxwD/?utm_source=ig_web_button_share_sheet
Quantum Energy, Inc. Announces Retirement of Chairman William Hinz
I saw it on a Quantum announcement that popped up as i was doing a search, the date was 7 june.
Where’s everyone seeing that Bill Hinz stepped down?
And they spend barely anything on CapEx or materials. Their last report listed $249.5K of equipment purchases but $1.7M on professional fees, Also don't list any inventory or raw materials.
According to its own financials, Quantum has funneled tens of millions of dollars to PRIVATELY-HELD Inductance Energy (over the last year or so.) Why is this important? It is the same privately-held LLC that is controlled by the people who also control publicly-traded Quantum Energy: Hinz, Ewert, Bean, Kitchen, Kerr, Elizabeth Danzik. Money laundering scam complete! Where is the SEC? Simply outrageous.
Mr. PC: And the whole Leadership page of qree.energy is "under construction" now. We're witnessing the manifestations of a complex corporate financial psycho-socio-economic phenomenon known as "take the money and run."
I see Bill Hinz has stepped down from quantum. I reckon he is running for the hills before the excrement hits the impeller.
Yes, ARC Energy has the contract to build the 500k units and Quantum has an agreement with ARC that pays them for $1000 per deployed system plus 20% electricity royalties.
I'm a buyer under a penny.....
Indeed, the language is incredibly vague on PNOC's side.
The main issue is that there is no trace of Arc Energy Inc, a developer that is set to start a 500k multi billion unit construction plan, anywhere on the internet (besides Quantum's press releases).
I don't have explanations, I just note the discrepancies in the narrative.
Actually, I have a theory. The press release states “Mr. Oliver Butalid, CEO of the Philippine National Oil Company, stated, ‘PNOC’s strategy involves collaborating with technology partners worldwide to offer the government sector solutions for lowering electricity expenses. We look forward to discussions with ARC Energy which can introduce the Direct Energy System technology in the Philippines to support this objective.’”
They look forward to discussions? Maybe the contract is simply for Romel to build 500,000 units, and they have yet to discuss in-depth details like Quantum’s system. This is a real possibility as Romel has already proven he has abilities in the area of development.
https://www.morningstar.com/news/business-wire/20240506804810/quantum-energy-corporation-dba-flooidcx-corp-otc-flcx-executes-licensing-agreement-in-the-philippines
Mr. Bystander: The SEC are the ones who have the subpoena power that is needed for a proper investigation. I'm really not an investigator, I just work with readily publicly available information. I've already spent more time on Danzik's ludicrous scam that I ever should have, but I want to finish what I started. After I file the Complaints, I'm done. I'm glad to hear you've done some lawsuit homework. I think my actual prediction was that there would never be any installations, so you might be waiting a long time.
I should have been more clear — I know you KNOW. But you don’t know what is happening in Scottsdale. And if you are serious about filing a claim and truly being the undoing of their “charade,” details from Quantum’s Scottsdale pitch would be evidence the SEC would love to have.
Regarding a lawsuit — I’ve already done my homework and know exactly who I’ll call if installations crash and burn as you predict they will.
Excellent point. But how do you explain PNOC??? They are an indirect distributor of sorts. And providing energy solutions is their area of expertise. Surely they would be unwilling to contract with an entity pitching some fancy pants energy solution without doing their due diligence. They are involved in rooftop photovoltaics and could have easily given Romel a pass and stuck with a conventional energy solution.
The only logical explanations are
1. that Quantum provides made-up test results 2. PNOC took Romel’s word for it over a cup of coffee 3. Romel has no contract with PNOC.
1. I just can’t see this being true. Quantum would know the uncovering of their lies is just around the corner
2. Yeah right. Just as you, Dorick, and anyone with any experience in the field of energy KNOWS that field is riddled with non-working (and some blatantly fraudulent) energy devices, PNOC would be suspect of Romel’s pitch and would not buy into it without doing some digging.
3. Highly unlikely. The internet works in the Phillipines just as well as it does here. Bogus press releases involving PNOC would have made it to them by now and we would be seeing some type of retraction if it weren’t true.
And so I say again, this is just BIZARRE.
What’s your theory on how PNOC could get pulled into this?
Mr. Bystander: I KNOW FOR CERTAIN that the "Earth Engine" and "Photon Engine" claims, such as the ones that Dustin Hamby made in Las Vegas a year ago, and the ones that Inductance Energy removed from public view last summer, are indeed a web of lies. I have absolutely no need to go to Scottsdale to confirm this absolutely certain fact. It gets a bit tiresome to repeat this over and over. I don't claim to know what's in the mind of distributors. I only claim to know, without any doubt whatsoever, that the claims are false. Yes, it's bizarre that people like Elizabeth Holmes, Trevor Milton, and Dennis M. Danzik (and many others we could name) would conduct themselves in a way that could easily be predicted to land them in prison for years, even though they seem like reasonably intelligent people. Human beings are bizarre creatures. You said you read a lot. Maybe you should read up on how to go about conducting a class-action lawsuit, how to find a lawyer, etc. That's what I'd be doing, if I were in your position.
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