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Thanks, my friend. I hope so, as well. But because of the 5 to 1 conversion of QREE into FLCX, I will have to wait until the stock price reaches $5 per share just to break even. And I agree---management isn't close to being straightforward whatsoever. Think of it. If there was a drug that was developed that would cure all forms of cancer, the patent owners of the drug would immediately see their stock price go through the roof. Well, the Quantum Energy magnet generator was touted as the cure for green and abundant energy that would be :disruptive" to the world's energy sector. Mini generators would fit nicely in every business and home, with zero connection to an outside utility company. It was to be an absolute cure for cheap and constant energy, and yet the company can't keep its share price above a dollar. Go figure.
It was back in of February of 2022 under the ticker QREE.
Thanks for the info.
By the way, to be clear, I really hope you and the other investors will get your money back. My only issue is with the company that I perceive as "not straightforward" in its claims, promises, and actions - financially or engineering wise.
Thank you, Mr Dorick. That's a clear and easily understood explanation.
Mr. PC: Quantum Energy INC and FlooidCX Corp are definitely two different corporations, and will remain so, since they have cancelled the planned merger that was announced about a year ago. Danzik has said that FlooidCX will change its name to Quantum Energy CORP but that will be a different corporation from Quantum Energy INC.
A reverse stock split is a corporate action that consolidates the number of existing shares of stock held by shareholders into fewer shares. For example, in a 1-for-2 reverse stock split, a shareholder would receive 1 share for every 2 shares they currently own. This action does not change the overall value of the company; it simply increases the price per share while reducing the total number of shares outstanding. Companies often perform reverse stock splits to meet minimum share price requirements for stock exchanges or to improve the perception of the stock.
Miss Roxanne: as a retired engineer i have virtually no knowledge of financial matters. Quantum and Flooidcx seem at times to be the same thing and at other times separate entities. Then we have qree and flcx stock. And what is a reverse split? I'm baffled by it all and would appreciate some basic education.
Or, now that I think of it, did you buy FLCX preferred shares?
Mr. Rebel, do you mind me asking when you purchased your preferred shares? Was it back when the ticker symbol was QEGY, before the reverse split, or more recently?
Good news, everybody! Mr. MagnetLover pointed out a way to get the answers to all your questions!
"If you have any qustions or are looking to speak with someone please reach out to info@aesir.energy"
- This has been right on the aesir.energy website all along! (LOL)
Well 1776Rebel, that is an unfortunate situation for you. I don't think your e-mails will get a response: once Danzik has your money, that is all he cares about. Just look at his prior history in various dubious practices.
He didn't offer a timeline regarding a completed audit. He just said back in February that FLCX will soon be offering an IPO at a share price of $6 to $8 dollars. And I would venture to say that he didn't mean that "soon" would mean seven months from now--and counting.
Oh, no, I have been at these guys throats almost from day one when I invested in preferred shares. I have since sent them a horde of emails that served to request them to get their damn act together. I am pissed and they know it!
IPO of FLCX or QREE?
Did they offer any timeline on the audited financials? I would think this should predate a potential IPO.
1776Rebel, you seem to be coming around to the truth. It's painful, but it is better to know than to remain under an illusion.
A 10.5, in fact. My wife and I were told by a senior representative that Quantum Energy will soon be offering an IPO (Initial Public Offering) of around $6 to $8 This was back in February. Hasn't happen. We were also told in February that a major stock marketing PR firm, Benzinga, was hired and would soon submit two major press releases not only to stock holders, but to the world. But up to now--crickets.
I think all your answers are on the aesir.energy website ! 🤪
What??? No responses to my questions below?
Come one folks. Surely someone knows something. Setting the efficacy of the technology aside and focusing strictly on the company’s ability to meet its own self-imposed deadlines, please don’t make me give them a 10 on the Pinocchio Scale…
The following paragraphs are snippets from this year’s Quantum press releases. You can find them on Quantum’s website. I must have been asleep at the wheel because I genuinely don’t know the answer to my questions below. Anyone who does, please feel free to chime in.
—Ewert further stated, "The Company will continue to concentrate on its name change and branding efforts including a series of new Trademarks through the end of this month (June ‘24) ."
Anyone heard of new Trademarks?
—QREE will be announcing an annual meeting to elect a new Board of Directors no later than August 1, 2024. Shareholders of record will receive detailed information via their chosen contact method by that date.
Any shareholders receive info on this?
—Under the Agreement, the Company has also agreed to the development of manufacturing facilities in the Philippines for the Company’s equipment and products, including capacitor and battery storage systems. The first manufacturing facility is expected to open in September of this year and then to expand through 2025
It’s mid September. Any news on the manufacturing facility opening?
—As a part of the licensing agreement, Quantum will be opening a service and distribution office in the Tulsa area by early fall of this year to support BD Energy, which will include a Quantum mechanical and stocking warehouse operation.
It’s early fall. Any news on a Quantum service and distribution office having opened in Tulsa?
—As a part of the licensing agreement, Quantum will be opening a service and distribution office in the Tacoma area by early summer of this year to support Aesir.
We’re way past early summer. Any news of a Quantum service and distribution office in Tacoma?
—Viridis will be announcing its office and facility location within the month. Quantum will be announcing the opening of its first Michigan service facility and offices by the end of this month (March 2024).
I missed Quantum’s announcement. Anyone else hear it?
My posts are failing to show and when i try again i find i have double posted- sorry.
Yes i had, but not being au fait with financial matters i don't know it's significance. Engineering/physics is my game.
Yes i had but not being au fait with financial matters i don't know the significance. Engineering/physics is my game.
Anybody else noticed QREE hasn't issued audited financial statements since the feb 2022's 10K?
Dennis ate the pudding, you can see his expanding waistline.
True. However, extraordinary claims require extraordinary proof.
Where is the proof? Where is the pudding?
I'm pretty sure 1776Rebel has blocked me - maybe someone else could repost my reply to him?
Thank you Dorick, you expressed that opinion and statement of fact better than i could have done. 1776rebel, you have a point, science does advance and ongoing experiments frequently clarify what we know. The conservation laws, however, have not changed one iota in ~150years and will not in the future- if the conservation of energy and momentum did not hold explicitly in all cases we would not have a stable universe and we would not exist.
So do people.
Sometimes...........
Mr. 1776Rebel: Mr. PC Retired's statement was perfectly correct. Laws of physics by definition cannot be broken. If something was ever said to be a law of physics, but it was later "broken," then it was never a law of physics in the first place, no matter what people said about it. Danzik's claims that his so-called "Photon Engine" can magically "amplify" energy actually require it to be able to violate the conservation of energy, and that's how we know without a doubt that his claims are false. Conservation of energy is indeed a law of physics, and just like every other law of physics, it has never evolved at all. Our understanding of the laws of physics certainly evolves - but not the laws of physics themselves, which are perfectly changeless and eternal.
"Technology does evolve but the laws of physics do not."
Oh, really? Well, then, may I suggest that prior to making such a clear and definitive declaration that you first conduct an elementary Google search on if the laws of physics (laws that have been created by imperfect people) have ever been broken. Had you done so, you would have learned that your statement is callow is and not supported by science--a discipline, in fact, that will be forever evolutionary to mankind.
What current news is relevant to IE/QE/FLCX's claims?
Well Curious Bystander, it looks like Mr Szilard does not wish to talk about the "earth engine". Not surprising really as if i was in his position i would be rather short of words and deeply embarrassed. Five and a half years and a world changing tech has evaporated. Where will the "photon engine" be in five and a half years? In a dumpster somewhere, i believe.
Mr. S sounds like Kamala Harris. "Focus on what I'm promising now - not our horrible record for the past four years!"
Danzik's scam "evolved" because he found out that the Patent Office wouldn't grant a patent for the "Earth Engine" as he originally described it, which would have been a perpetual motion machine. So to have a chance of getting a patent he had to add the minor detail that it is powered by electricity. But apart from the Patent Office and the SEC, to whom he may give somewhat honest descriptions, he still lies his head off to the rest of the world, saying that the electricity that powers the "Photon Engine" is just a "control voltage," and that that energy "can be amplified" by means of his revolutionary Asymmetric Magnetic Propulsion.
Technology does evolve but the laws of physics do not. I see nothing new with "magnetic propulsion" seemingly abandoned to be replaced with this photon nonsense. Is that the best Quantum can do?
Try understanding current news and statements, not something from five years ago. Technology evolves.
Nonsense from the very beginning: "4000 pounds of inertia power" is an utterly meaningless abuse of scientific terms.
Mr Szilard - on a very sincere note, please read the company statements below (statements made FIVE+ years ago) and tell me why, if the statements are true, is photon lighting even necessary? Keep in mind that five years ago there was NO talk of any special technology that preceded the engine in Quantum’s energy-generating system. The engine alone (with its proprietary magnet configuration) was claimed to be the source that would free us from the power grid.
Once again, I’m being sincere. I am not trying to trap you. I am confused on the matter and hoping you will offer a logical explanation. I am also confused on where the installed engines are (besides Scottsdale and formerly Las Vegas). If you have any insight I would love to hear it.
“Earth Engine can generate electricity, operate liquid pumps, air compressors, and other mechanical devices 24 hours a day, 365 days a year, FULLY INDEPENDENT OF THE POWER GRID.”
“Earth Engine is the world’s first and only power source propelled by Asymmetrical Magnetic Propulsion. It can generate electricity, operate liquid pumps, air compressors, and other mechanical devices 24 hours a day, 365 days a year.”
“Earth Engine does not consume any fossil fuels, it does not run on the sun, wind, hydro, bio-fuels, or radioactive fuel sources. It can run 24 hours a day, 7 days a week, 365 days a year producing constant energy unlike renewable technologies such as solar and wind.”
“Currently, Inductance Energy has developed, manufactured, and is INSTALLING 7.5 to 25-kilowatt engines, capable of driving up to 4,000 pounds of inertia power and delivering in excess of 25 kilowatts.”
“…by some miracle”
miracle = an inexplicable, highly improbable event
Yep…I’m hoping for a miracle
Mr. Bystander: You're not the only one who's embarrassed by your admission - I'm embarrassed by it too. Quantum doesn't have any "magic ingredient." They have a big fat shameless con artist named Dennis M. Danzik, whose whole stupid scam is going to come unravelled before before very long. Eventually Mr. S will apologize to us for all his insults.
I honestly don’t think he’s a Quantum insider posing as an investor. He’s the real deal. He invested. Just go back to his initial posts and you can see how things evolved for him.
When I used the term “deaf ears” I never meant that in any derogatory way. I’m simply making the point that statements made by Dorick and PC Retired can’t be heard by someone who has written a fat check and who is excited about that investment. Heck, I’m embarrassed to admit that even after witnessing years of bizarre business “twists and turns,” spending hours reading explanations from the likes of Dorick and PC Retired, watching promised dates for installations and other less critical things (videos, emails, filed reports) come and go…I’m still hoping by some miracle Quantum has a magic ingredient that will eventually, and convincingly, manifest itself.
I have an interest in the science and none in commercial aspects. I see no possible use whatsoever for "photon power" or "magnetic propulsion". Zero, nada, diddley squat.
I haven't witnessed people insulting Mr. S and don't think anybody should. What I see however is Mr. S gaslighting incredibly knowledgeable people asking the right questions.
At this stage, I am unconvinced both on the science and the commercial side of the enterprise.
I would be happy to see the cashflow in the next financial statements prove me wrong. What I need is 1/ income from operations 2/ number of customers installs 3/ customer reviews. What I don't need is : Mr. S stating that he saw incredible tech after signing NDAs with the company. Maybe he did, maybe he didn't. If those tech really exist (A), it will invariably translate into 1/ and 2/ and 3/ (B)
If A=>B then non B => non A
Mr Szilard, don't give me that bullshit: i made my living through the manipulation of magnetic and electric fields in power engineering, telecommunications and electronics over the course of over 50 years. Danzik does not understand the terms he uses and cannot possibly be an engineer. Even a first year engineering student would not utter the meaningless word salad that Danzik comes out with.
MsRoxanne: But if Mr. S were a shill, he wouldn't have blocked me - he would have wanted to respond to every one of my comments and give rebuttals. I think he'll eventually see the light, and then he'll be on our side - that's why I don't really like to see people insult him, even though he likes to insult us.
It is hard to know, he may be an insider or he could just be someone who refuses to listen to bad news, hoping that if they ignore it long enough the problem will go away. If it is the latter then this is a sad situation. Either way he is in for a helluva shock when the excrement finally hits the impeller.
The more I read about Quantum, the more I don’t believe that Mr. S is just an investor who is too dumb to see through the baloney. I think he is a shill.
Mr. Bystander: Yes - Mr. S has indeed been completely fooled by Danzik's rubbish pseudophysics and shiny "engines." Danzik has spent millions of dollars creating impressive-looking machinery, that had no other use or purpose than to fool people like Mr. S. Actually Mr. S made it a lot harder for me by blocking me, and I'm afraid Mr. PC will grow tired of arguing with him very quickly. It's very frustrating to see someone so totally fooled by a con artist and not be able to correct the situation, but I admit that it seems beyond my power at the moment. On the other hand, I believe I will actually succeed in causing the SEC to bring charges against FlooidCX and Quantum Energy. That's when Mr. S will start to see the light.
Dorick — while you appear to have a deep understanding of scientific matters, you do not understand the psychology of this situation. Just read Mr S’s responses to yours and PC Retired’s explanations and you will see that I am correct when I say “deaf ears.”
Investors hear what they want to hear and see what they want to see, and it’s only after about three years of witnessing unfulfilled promises that they finally wake up one morning and wonder “WTF?????!!!!”
I believe Mr S became an investor about 18 months ago. With that in mind, if nothing meaningful has happened with Quantum after about another 1.5 years, he may then ask you and PC Retired a few sincere questions.
It is very clear that you do not understand a magnetic propulsion unit, and have never seen one (and you could not without signing an NDA and doing a laboratory tour). What they call an "MPU" speeds up the next section of the engine WITHOUT CONTACT. You do not understand what you are writing about.
As regards the "magnetic propulsion", soon to be released, i have a question myself: how soon is soon? The issue is that magnetic fields, as well as the gravitational field and the electric field, are conservative fields, as are any fields that are the gradient of a potential. In a conservative field there is no change in energy in a cyclic process that returns to it's starting point. For example in a magnetic interaction(attraction or repulsion) the energy obtainable is 100% nullified by the energy to return to the initial position. Magnets do not supply energy.
In all fairness CB, Mr. S has claimed A LOT of things on this forum. Pretty convenient to hide behind a supposed ‘confidentiality agreement’ when people have questions. $5 bucks says when he was in high school, he indeed had a girlfriend…she just went to a different school! 🤭
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