flooidCX Corp (FLCX)

[Curious Bystander]

If it weren’t for IEC’s convoluted path to becoming Quantum combined with their questionable breakthroughs, it’s unlikely anyone would ask questions of this nature. They would be happy with the few logical “leaps” they would have to make—1. the Philippines have acknowledged a huge housing shortage and that their goal of having millions of new units built within a short timeframe 2. PNOC has history of being involved in property developments 3. A principal of ARC Energy has a track record of success in real estate.

In short, setting Quantum’s involvement aside, all the dots line up. And additionally, it is not uncommon at all for individuals to form new business entities prior to starting construction on large developments, nor is it uncommon for individuals to create new entities when engaging in new business activities.

One other thought— what value is there for the principals of ARC or PNOC to jump on making a huge announcement in the Philippines?
It is plausible that PNOC has already secured land for a development and that they have truly contracted with the newly formed entity ARC. With these things in place neither would have anything to gain by receiving kudos from the general public. I’ve seen very large commercial/residential projects quietly start in my hometown, and only knew about them because I happened to drive past, saw a sign, and wondered “what the heck is going on there?”

And so it is with Quantum—they have a questionable history that’s resulted in every breath they take being analyzed through a microscope.