Quantum Energy Inc (QREE)

[Curious Bystander]

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