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QBII moving now on NEWS today
Quantum Bit Induction Technology, Inc.
QBII


Quantum Bit Induction Technology, Inc. Introduces New Details of Funding Structure; Over $4 Million Promised for 2011

Quantum Bit Technology, Inc. (PINKSHEETS: QBII), presents updated notice of funding structure to shareholders and interested parties. The Company continues its previous research, development and production projects but will likely no longer require periodic new capitalization to accomplish its objectives. Quantum Bit Induction Technology, Inc. plans to operate from income generated by strategic investments in which it is a limited partner. More information is available at the company's website: www.quantumbit.com. Additionally, the Company has sought private financing in amounts surpassing $4 million and has been promised delivery of financing for 2011 from reliable parties.

The Company is a limited partner of QBIT Investment Fund, LP ("The Fund"), which is managed to take advantage of the depressed US commercial real estate market, in high-end shopping centers, Class A & B office buildings, and warehouse developments The Fund holds stock in the Company which it leverages or sells to acquire positive cash-flow property with considerable "upside" when the US market rebounds but which will, in the interim, provide the Company sustainable income to continue its research and develop its technological goals. Assets presently under contract or consideration, subject to debt are: a 44,000 sq ft shopping center and a 7400 sq ft office facility. The Fund will continue to acquire similar real estate projects in the future which will increase the Company's income and worth accordingly. The Fund has already acquired Lakewood Towne Square Shopping Center and Quantum Bit Induction Technology is installing a quantum controlled sales amplifier at the location. For more details please follow this link: http://finance.yahoo.com/news/Quantum-Bit-Induction-iw-1028941057.html?x=0&.v=1

Quantum Bit Induction Technology, Inc. is a Houston-based technology developer of Fusion, Wireless Power Transmission and Negative Group Delay, specifically how to render those technologies commercially viable. The Company's common stock is traded OTC under the symbol "QBII." More information is available through the company's website. Every stockholder or interested investor is encouraged to join our Shareholder's Group hosted by Yahoo! Groups. Important topics regarding this company are discussed through the Shareholder's Group. We encourage anyone interested in our work, company, history, or story to contact us.

We welcome informed people as stockholders to share our future.

Contact:

Mike Skillern

President

[e-mail]