InvestorsHub Logo
Followers 0
Posts 116
Boards Moderated 0
Alias Born 10/17/2023

Re: mkemcmerty post# 1207

Wednesday, 04/10/2024 9:14:57 AM

Wednesday, April 10, 2024 9:14:57 AM

Post# of 1252
The tech went Danzik -> WyoTech -> Inductance -> Quantum.

All technology licenses are being granted from WYOTech Investments Group, LLC, (“WYOTech”), Danzik Applied Sciences, LLC, (“DAS”) and Inductance Energy Corporation (“IEC”), for $1.00 (One dollar).

The license agreements do not change royalty terms for WYOTech, on magnetic related technologies, or earnings for IEC in regards to Photon Engines for energy production. Neither DAS or Mr. Danzik will receive any royalty benefit for the technology transfer.

WyoTech formed Inductance as an operating entity which is now majority owned by Quantum. The Quantum transaction got them public, though I don't see the benefit in that. Merging into FLCX, another OTC entity that had been inactive has no apparent purpose.

Inductance Energy Corporation (“IE”), currently operated as a majority owned subsidiary of Quantum Energy, Inc., will continue in its current structure, and current shareholders of Inductance Energy Corporation will retain their current ownership of IE.