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MagnetLover

06/03/24 11:14 AM

#1242 RE: Curious Bystander #1241

Indeed, the language is incredibly vague on PNOC's side.

The main issue is that there is no trace of Arc Energy Inc, a developer that is set to start a 500k multi billion unit construction plan, anywhere on the internet (besides Quantum's press releases).

I don't have explanations, I just note the discrepancies in the narrative.
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MJ16

06/06/24 11:56 AM

#1244 RE: Curious Bystander #1241

Yes, ARC Energy has the contract to build the 500k units and Quantum has an agreement with ARC that pays them for $1000 per deployed system plus 20% electricity royalties.

ARC Energy has contracted with PNOC to develop 500,000 affordable housing units and it anticipates starting construction on these units in Q2



the Company will receive a license fee of $3,000,000.00 and a $1,000.00 payment, under a cost-plus contract, for each residential housing unit powered by its Direct Energy System



Has QE/FLCX begun manufacturing the energy systems for sale? Also, Is there any news from Viridis or Aesir Energy? Their office + facility was to open in April.

Initial Direct Energy Systems will be supplied by the Company in the United States.