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This is good news. It’s taken a very long time but patience may be substantially rewarded.
We know the CEO holds 3B+ shares with multiple family members owning shares too.
Great incentive to get these projects moving and creating value for himself, his family and shareholders.
Also helps that oil prices have moved up more than 2x from lows. Drives demand for giving energy alternatives consideration, demand that was lost early 2016 when oil below $30
Non-dilutive is favorable and does not diminish shareholder value in terms shares you own versus shares outstanding. If the company raises money buy selling new shares, and raising the number of shares outstanding your fixed number of shares you own is effectively worth less since you own a smaller % of the company post a dilutive event.
Hope this helps
Based on investors who have recently visited the facilities, feedback I’ve gotten is they left feeling more optimistic than ever.
Lawsuits are inconsequential as far as I understand. Ambulance chasers with no substantial case.
Board additions and Cotton at the helm are hugely positive.
De-risking with each step. If/when funding non-dilutive we rocket higher.
Thank you for the update from Tom.
Sounds like very positive progress albeit slowly.
I still have shares I bought at $19. Ugh. But have 5x that amount at $2. I (clearly) believe they will get their sheit together and execute. But risks remain.
Holding for now ...
I believe they will now execute under a revived Board and Management. Tech works. Let’s get this company back on track and disrupt a piece of this $42B industry. Oppenheimer just reiterated $14 price target. Look for move toward $300M to $350M market cap when 16 mods up and running 24/7.
Rick. Any benefit to GBI? Just wondering.
That’s a good question. If they were selling the shares on the market for cash then there would be SEC filings showing disposal of shares. There’s not.
Instead the CEO continues to accumulate shares to the tune of over 3B currently.
Why accumulate shares as well as buy shares if you expect them to expire worthless?
Because he expects them to be of value if and when they can get these projects moving.
Oil pricing rising are good to support demand for alternatives. Certainly demand was less when oil was $40
Previous management made many missteps in terms of over promising and under delivering. Was no malicious IMHO
Pieces coming together to disrupt a multi billion $ industry.
Don’t take my word for it alone. Ask this author who thought the stock was a bargain when market cap was $300M. It’s 1/3 that MK today. A lot of room to run.
“Yet, the shares of AQMS trade today at a market cap of only $320M.”
Have many shares short? 6M+ that’s a lot of shares on the wrong side of a bet on AQMS and the re-freshed Board and Cotton.
Cotton is also the one with strong JCI ties ...
https://seekingalpha.com/instablog/7557051-daniel-carlson/4961968-aqua-metals-disruptive-innovator
Fair enough.
Keep in mind the CEO has family invested as well. If they don’t execute many close to him lose as well.
Insider buying by CEO. 4/25. 100M shares. Purchase price $.0004.
https://www.sec.gov/Archives/edgar/data/95572/000168316818001106/xslF345X03/pickett_f4.xml
Insiders buy when there’s reason to. In this case a $40,000 purchase of stock.
Good to see the CEO put more of his money into this. Over $3B shares now he owns.
Think that’s motivation to get these projects moving and build shareholder value? (Including his own)
SEC Form 4 transaction code “P” means “Purchase”
https://en.m.wikipedia.org/wiki/Form_4
This is different than the type of exchange in your “example”.
This is a purchase. This is a purchase by the CEO. Insider buying.
My mistake 4/25. Not 4/28.
It’s an acquisition of 100M shares at $.0004. $40,000. Increase in ownership from previous SEC Form 4 in line with your “example”
I admitted my mistake on wrong date. Got 8 flipped. Dyslexia. Can you admit yours?
https://www.sec.gov/Archives/edgar/data/95572/000168316818001106/xslF345X03/pickett_f4.xml
Your “example” is the CEO taking salary in the form of common stock in lieu of cash. See total shares reported in 4/28 SEC Form 4 and notice no shares were sold between conversion then later purchase acquisition.
Why would you elect to take compensation in stock in lieu of cash if you believe the stock worthless?
THEN
Turn around and spend $40,000 of your own cash for even MORE common stock?
Insider buying
The CEO purchased 100,000,000 shares of SWET at .0004 at a cost of $40,000.
Insider buying.
SEC Form 4 dated 4/28
Please. Seriously? These are ambulance chasers and these “notifications” have come by the dozens over the last year.
No material effect.
The more important question is if they can in fact secure non-dilutive financing? They will try (according to the CC). When/if they do this will be very positive for shareholders. Short sellers will exit fast.
Please answer the question. Where does it say this in the Form 4 SEC filing?
Where does it say that on the Form 4 SEC filing?
Insider buying. 4/28. 100M shares. Open market at $.0004.
Insiders buy when there’s reason to. In this case a $40,000 purchase of stock.
Good to see the CEO put more of his money into this. Over $3B shares now he owns.
Think that’s motivation to get these projects moving and build shareholder value? (Including his own)
“assuming supportive study findings, expects to file the 510(k) notification in the third calendar quarter of 2018. “
More patience required.
News out on progress. Will take a few months to execute. More time and patience required before results.
Nice to see Llama Llama on top!
Yes. It’s a bit complicated.
So make sure you vote out old and usher in new.
Will be a game changer for the company and market should recognize that.
Don’t forget to vote AGAINST current BODs and vote FOR Kanen BOD.
Kanen group will get this back on track.
GLTA longs
DK
It's good news and by voting in the Alternative Board slate via proxy this will turn into fantastic news, because the new board will EXECUTE and bring this tech to full fruition.
Huge upside.
Huge.
Vote.
DK
I have no idea why a magnetic propulsion company would merge with Quantum Energy and what the net result is.
Thoughts anyone?
CHICAGO, and SCOTTSDALE, Ariz., April 19, 2018 (GLOBE NEWSWIRE) -- Quantum Energy Inc. (OTC Pink:QEGY) (“Quantum”) and Inductance Energy Corporation, a Wyoming corporation (“IEC”) a privately held company, today announced that they have entered into a binding letter of intent, pursuant to which upon satisfaction of certain conditions, IE Arizona, Inc., an IEC affiliated company (“IE Arizona”) a Wyoming corporation, a privately held company, would be merged with Quantum. The proposed merger is conditioned upon, among other things, IEC’s successful completion of its due diligence examination of Quantum, the negotiation and execution of a definitive agreement and IEC raising in the aggregate up to $50,000,000 (the “Total Capital Investment”). Provided such conditions are satisfied including IEC’s funding of the Total Capital Investment, Quantum will issue to IEC such number of shares of Quantum common stock as shall represent 60% of the then issued and outstanding shares of Quantum common stock. Quantum will also, based on valuations as yet to be determined, issue additional shares (after the initial issuance to IEC), to additional investors, as necessary to accommodate the closing of the Total Capital Investment. The combined entity will also provide the necessary funds required to prove out the viability of the development of the refinery (the “Refinery”) currently planned to be developed in Stoughton Saskatchewan, Canada including (a) obtaining environmental and engineering studies to prove the viability of the intended site, (b) if the site is determined to be viable, to acquire the land, (c) obtain required permits and (d) pay other related costs.
The transaction is expected to be completed on or before December 31, 2018.
Also, upon completion of the merger, William J. Hinz, who is currently a member of the Board of Directors of Quantum and a member of the Board of Directors and CEO of IEC, will become interim Chief Operating Officer of Quantum. Mr. Hinz’ vast business experience and board appointments will be an immeasurable asset to Quantum’s current energy projects and strategic vision.
About Inductance Energy Corporation “IEC”
IEC is a development stage company that holds certain exclusive intellectual property licenses for the application of the science and mechanical application of Magnetic Propulsion. Magnetic Propulsion is a technology that uses highly concentrated magnetic energy to move physical objects in a rotary, reciprocating, angular, linear, or vertical direction, purely through the manipulation (use) of a magnetic field (magnetic radiation). IEC has the exclusive license to design and manufacture a broad range of high quality Magnetic Propulsion engines, as well as related and support equipment marketed through a worldwide distribution network, under a variety of brand names. IEC’s licensed products are used principally to produce electrical and mechanical energy.
About Quantum Energy Inc.
Quantum is an energy focused company with a project emphasis toward refinery development, construction and operations in the United States and Canada, through its subsidiary Dominion Energy Processing Group, Inc.
Quantum is continuing to work on proposed Bakken refinery development projects in Stoughton Saskatchewan, Canada and in North Dakota.
Safe Harbor Forward-Looking Statements
To the extent that statements in this press release are not strictly historical, including statements as to revenue projections, business strategy, outlook, objectives, further milestones, plans, intentions, goals, future financial conditions, future collaboration agreements, the success of the Company's development, events conditioned on stockholder or other approval, or otherwise as to future events, such statements are forward-looking, and are made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. The forward-looking statements contained in this release are subject to certain risks and uncertainties that could cause actual results to differ materially from the statements made.
For Company Contact:
Andrew J. Kacic
480-734-0337
Lol. Would sure like that. Oil is slowly recovering and has stabilized. Would think this company could too.
Yesterday teardown reveals RESN filter in high volume J Series Samsung phone. The second recent reveal.
Today "RESONANT ADDS THIRD BACKEND AND PACKAGING VENDOR"
Revenue story unfolding. Filters being adopted by customers and reveals in today's products.
GLTA
Yes. All good points.
I imagine the stock doesn't move much since it was flat after generally "good news" today. Second season Llama Llama is very good news (but perhaps expected?)
Lots of nonsense that all supports a buyout. Not much on the things that we (I) really wanted to hear:
SpacePoP?
Viewer subscriber details on growth?
Secret Millionaire Club?
Baby Genius?
Retail merchandise sales and revenue?
Channel revenue?
Thomas Edison?
Next milestones?
Future of company is certainly progressing. Slowly. Greater value now than ever before. Just not enough investors seeing it.
So we wait.
Don't think so. ZENO was up today. This is an investor closing a position in a stock with no volume.
Tanked it.
Rick. Good notes. Strange call with the audio problems and all.
Bottom line Andy is positioning company to sell it. He made that blatantly clear in has answer to last investor caller in Q&A. Also clear it's his intention based on staff he's recently hired.
Andy is getting up there in age. Would guess this is his last mark and business sale.
Imagine after all the "multi Billion dollar" talk over the years that Andy is targeting a $150-250M buyout. Just a guess, but he's talked about the film deck value alone at $30M and that was pre Llama or Rainbow Rangers. Add a few hit properties (Llama Llama, RR, channel distribution, etc) and it's a reasonable company value IMHO.
No news.
Someone wants out and in a stock that thinly trades on no news this is what happens.
Opportunity not for faint of heart.
Genius gets second season of Llama Llama!
I knew it. Just too much good social media buzz about the series. Congrats GNUS.
Slowly it's coming together.
Good Luck all longs.
DK
Thanks AOI. I reached out about a month ago and he said something similar but it was "a few weeks" before he was planning to go public with it. Clearly they're trying to make something work that's off. But sounds like they're close. If I hear anything more I'll share.
But suspect the next time we hear from Tom it will be an official update/press release very long awaited.
This is not a scam. Please stop saying so. Nothing in public filings points to this.
Is it taking longer to get funding and launch? Yes. But that does not make it a scam.
Anyone saying so with the intention of hurting the company current shareholders is in violation of SEC rules and prosecuted accordingly.
I am a shareholder and continue to hold and buy on weakness because it's not a scam. Is it risky? Sure. But the risk/reward is tremendous here.
There is always a need for cheaper, greener more efficient power sources.
Please stop calling it a scam.
Thank you
Website looking good. Hershinger only thing I could find not up to date but that was very recent. BTW she had a remarkable pedigree. Hope Andy addresses her departure on the call.
Anyone hear of a firm earnings call announcement date?
I agree Rick. I'll write Andy and report back what he says.
CFO not hired that long ago. Lame
Zip. If you feel that way, sell and move on. I'm sure there are plenty willing to buy your shares.
What did Buffet say about patience and investing?
Have no idea why the board pessimism. Today's news was positive. Update is clear and answers many questions what company is currently doing and its path moving forward.
All the BS speculation is squashed.
Sure timelines are longer than hoped, but there's a clear plan of action.
Markets don't like uncertainty. This news lays out timelines and steps. Uncertainty lifted.
Positive.
Stock priced for failure. These are simply timeline adjustments. Opportunity for the patient investor imho.
Anything more from Tom? I'd expect an update soon.