Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.
Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.
Looking very good today.
Would love to see it.
That sounds encouraging.
Another nice day here. Any good news and I think we make to a dollar plus. IMHO
Two days to go.
I see a little volume and some stock price movement today. Someone(s) bought some shares
September 28th not that far away. Wonder how the custodial battle is going?
The spread has tightened up now. Probably going to need news to light the spark here is my guess.
I do believe bottom is in. However, .27/.38 is a large spread. And it seems someone(s) are willing to still sell around the.27 price. Those are nice buys IMHO
Very nice. Time for some news now.
Glad to see the filing. Need the yield sign to come off.
I think that’s a good idea. Things are finally looking to materialize here. Just waiting for more news.
Yeah. Not sure quite where or how they are buying back the shares.
And that would be par for the course.
Let’s hope they know about the September 28th cut off date.
I have picked a few up the last two days. Will hold for a bit to see what happens.
So what’s the consensus here? Is it time to buy back in or is it going lower? It’s showing signs we may have found bottom. But no new posters yet so maybe we still have some dropping in price to come?
I hope you’re right. I’d love the party to start tomorrow. Been holding shares for many years now.
You picked a good time to arrive. Things should start heating up over the next quarter of two.
Quantum Energy, Inc. (QEGY) Announces $2M Share Buy Back Program
WASHINGTON, DC & HENDERSON, NV / ACCESSWIRE / July 22, 2021 / Quantum Energy Inc. (OTC:QEGY) ("Quantum") is pleased to announce the approval of a $2.0 million Stock Buy Back Program.
The Company announces that it's Board of Directors has approved a $2.0 million stock repurchase or Stock Buy Back ("Buy Back") program beginning July 22, 2021. The program is expandable to $3 million upon the recommendation of the Company's CFO.
Harry Ewert, Chief Executive Officer, stated "This month our Company has seen significant success in investment in our $50MM private placement, the approval of our $15MM municipal bond program, as well as our initial sales launch is showing steady growth. Our Board of Directors has decided wisely to begin a Buyback program at this time, which should open the door to increasing shareholder value."
The Company believes that a significant number of shares can be repurchased at this time based on a volume weighted average price of its common stock during the buyback term which will expire at the end of trading on August 20, 2021. The share repurchase program is incremental in nature, during the term, and offers, or market purchases shall be approved by the Company CFO.
William Westbrook, CFO has also confirmed that the Company will begin the share repurchase tomorrow, and that the repurchase will be paid primarily from cash on hand. "The company's liquidity is growing, and the balance sheet of the Company is picking up strength through the success of its private placement, growing backlog, an initial sales launch," stated Westbrook.
Mr. William Hinz, Chairman stated; "Again, the Quantum executive team is showing the results of years of preparation, and solid tactical execution of its overall strategic plan. This repurchase plan, will further strengthen the Company, and signal to our investors, that we are successfully executing our business plans, and increasing shareholder value."
Mr. Ewert and Mr. Westbrook will have more information on their strategies in an investor broadcast to be announced in early August. More information can be found at the Company website, www.qegy.energy.
Quantum Energy Inc. (QEGY) www.qegy.energy
About Quantum Energy Inc.
Quantum is an energy focused company with a project emphasis on rare earth refining, and property development in the United States and Canada. This includes the refining, processing and value-added manufacturing of rare earth elements, and other raw materials for the production of magnetic and associated energy related products.
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:
D M Danzik
Investor Relations
Washington, DC
202-750-3822
danzik@qegy.energy
SOURCE: Quantum Energy Inc.
Let’s hope. Not much time left b
Press release came out today right at market close.
$15 million dollars being secured. I would say things are looking good for the future.
We could use a miracle about now.
I enjoyed. I hope you did too.
Enjoying seeing a little life here in MDMN too.
Don’t know what the highlights would be. But they just got current with filings in the US and once they file the proper docs in Canada it will be tradable in Canada. Go check out their website and read the filings then you’ll know as much as any of us.
Hopefully finally something good will be coming our way.
Unfortunately that’s been the history with MDMN. Who knows maybe this is something different about to happen? I personally won’t hold my breath too long.
Well all we can do is see how this plays out. This is the first noticeable positive event we’ve seen with MDMN in a long long time.
Time will tell. Can only wait and see.
Thanks. Interesting development. Hopefully there is something of worth left to custodian over? Have claims taxes been paid etc.
That we all know. So who what are these this new custodian business. Where can one read about it?
Who is Barb B? Where do we go to research this new bit of news? Is it there a press release out?
That would be great if they are not of the same crooked breed as we’ve had in all past officers etc of the company.
Bye bye Les and Jj? I thought they were gone long ago. But nice price action.
Not on top of things here. What’s the news?
Thank you.
Happy Father’s Day! To you too.
Hope it was a good one.
Would be a nice Dad’s Day gift…
With 7/8 billion people in the world today… probably 2 born every minute… LOL
Obviously someone bought those shares…. Maybe it was you…???
Could be. Or maybe someone taking a loss for tax reasons? Or someone just needs money? Anybody’s guess.
www.Qegy.energy
Go to QEGY’s website. Looking new and updated.
I think things are in the works.