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What kind of panels are they printing? The only details I've seen describes it as:
You must not be very bright, pun intended. You do not need a semiconductor foundry to produce a photonic or photovoltaic panel. Quantum prints their panels, and the panels are only millimeters thick and this has been done for decades. Quantum also has a 20 year amortization sales structure, because unlike you, thee guys actually have training and are good, if not great business people. You ever run anything like Allied Signal Aerospace, McDonnell Douglas Helicopter, Eagle Picher? They have. Your statement clearly shows that you have not even visited a Quantum facility, or know much about photonics.
No - Not if the fraction of recovered energy isn't worth the upfront cost vs outside solar. Have you noticed people don't do this now? What's the innovation here, the idea of indoor solar panels?
Also, are they manufacturing them or just buying them? If they are, when did they develop solar panels and do they have a semiconductor foundry?
If you live or work in a room that requires that you turn on a light to have the ability to see (and that is most rooms), would it not be great to harvest that energy producing light, and get some of the energy you have to use back? It is just that simple. Quantum is not energy from nothing, Quantum is a remarkable energy harvesting, conversion and storage system that is making a big and positive impact.
FlooidCX Corp files to change name to Quantum Energy Corporation
“Approval of an amendment to our Articles of Incorporation to change our name to Quantum Energy Corporation”
https://www.streetinsider.com/dr/news.php?id=23022631
The FLCX merger was cancelled, What is the connection of FlooidCX to QE?
That's QREE the smaller company. The FLCX 10K will tell the real progress. They filed an extension, still should be out soon.
Thanks MJ16, I didn't realized those were there. I always went to EDGAR directly. Kudos to them for maintaining some transparency even if they aren't compliant with the SEC.
Yeah, I'm not seeing how they would qualify for the NASDAQ, but if they can get away with making a magnetic propulsion engine into a battery charged by interior lights, maybe they can get away with this also :)
They have posted financial statements, not 10Qs but quarterly reports. Last quarter ending 9/30/2023 they had $2.1M Cash.
https://www.otcmarkets.com/stock/QREE/disclosure
Very good question. Since QREE hasn't posted a financial report since 2022, we can't really know that from the public record. But if we were to look at their latest report, the answer is no. If they do end up getting listed, it would be quite impressive and very uncharacteristic of them to actually delivered on something.
As a large shareholder, I have had two tours of the Scottsdale facility, and four phone conversations with management. The last one I had was yesterday. And though they did everything in their power not to disclose insider information, there is enough information given to cause my trust in the company to skyrocket. I learned that shortly two press releases will be offered by their new PR firm, and these releases, unlike before, will be released to the world--not just to shareholders. I learned that company critical events will be increasing by leaps and bounds, such as a move to NASDAQ and a QQQQ starting initial public offering that will be impressive, plus another company will be coming on board. I've learn so much more with 1:1 conversations than from an outdated video, but then, had you taken the time to go on a tour and asked a few pointed questions, you would know this for yourself.
It's their own published material they put out on their Youtube Channel. I really don't get this point - How is recorded video and memorialized writing subject to interpretation in a way a phone conversation can't be? How are 1:1 statements on the phone better than polished material they have chosen to put in a press release or financial filing?
https://www.youtube.com/@QuantumEnergyCorporation/videos
YouTube and any other recording or writing can be interpreted in a variety of ways by a variety of people, depending on a lack of understanding, lack of training, motives, etc. That is why we have hundreds or religions, perspectives and opinions. What matters is in person dialog, teaching, understanding and most important in person observation and participation. Again, get your information first hand, and in person before you resort to name calling, libel, or defamatory statements by calling people criminals or bad actors when the only proof you have is YOUR interpretation of a video or statements that people make opinions on. Maybe Dorick and you or maybe both are just you, can solve the Kennedy assassination for all of us?
They put out demonstrations and investor presentations on YouTube, it's their own material not just stuff "from Youtube". Dorick is not the source of my opinions, its Quantum statements on their own videos and published press releases.
Again, twisting words to meet your definitions. If you go to Quantum, and actually tour the facilities, and then form an opinion. You cannot form an opinion from YouTube and reading the ramblings of Dorick, who cannot even speak to his training or background.
They put out written descriptions and video of their devices and plans. Why do you emphasize calling the individuals so much? What are they going to reveal in personal calls that hasn't been publicly released? It's a public company, they can't just give out proprietary or material info in call to anyone.
Mr. S: Only false statements can be "actionable" under American law. I have never made a single false statement about Danzik or his false and deceptive claims regarding his so-called "Photon Engine," which indeed deserve to be prosecuted as SECURITIES FRAUD. Nobody needs to meet Danzik in person to know that his claims were false and fraudulent.
If you actually talk to someone at Quantum, actually meet the staff in person, THEN if you find them misleading or lying to you, you can do something about it. Participating in what is likely actionable for "entertainment"? That is strange, to say the least. How can you hope that they are everything they say they are, when you have never spoken to any of them?
I have yet to see Quantum represent themselves truthfully. I figure if they haven't done it in the past, they won't do it now. I'm mostly here for entertainment purposes at this point. I'm glad you're having such good chats with them. For your sake, I hope they are everything they said they are.
Mr. S: Danzik never brought anything to Quantum Energy INC except his ability to prmote his "Earth Engine" / "Photon Engine" scam - but now the scam is played out. The officers of QEI are now faced with the challenge of somehow avoiding prosecution for SECURITIES FRAUD due to the company's previous false and fraudulent claims regarding the "Photon Engine" that they now want everyone to forget about. So they need to part ways with Danzik and try to bring something to market that isn't a scam, before they run out of money. That is no doubt the true reason why they cancelled the merger with FlooidCX. Would they ever admit it? Of course not.
Why would you ask someone on this board? Again silly. Just call the company and ask them!
Can you explain why the FLCX merger was canceled?
Danzik's "Earth Engine" / "Photon Engine" scam has already collapsed to such an extrent that Quantum Energy INC no longer wants to be tangled up with him - but Mr. S wants us to call Danzik himself, the con artist whose grand scam is finally collapsing, for answers to any questions - LOL! Will Mr. S finally see Danzik for what he is, after the SEC charges Danzik with SECURITIES FRAUD for deceiving gullible investors like Mr. S? {Probably not.)
Instead of reaching into the gutter to make a "turd" comment, why not use your intelligence to research and get the answers you desire? Why not call Mr. Danzik, or Mr. Kitchen, or someone actually at the company instead of just letting the weak side of your mind attempt to forcefully express itself? I have no idea why you would look to a two bit bulletin board for information. Just dumb. Some of your questions are at least decent. Why don't you set an appointment? I have! Works every time, and I actually get to talk to people that actually have information.
Mr.S Szilard, I'm curious if you know if FLCX actually has rights to the technology. I was under the assumption that Inductance Energy has the rights, which gave them exclusively to QREE. Nowhere have I seen that FLCX owns anything related to the new "photonic system", yet Quantum went around masquerading like they were FLCX for months. Now that the merger is not going to happen, where does that leave FLCX? Danizk is left holding a bag of nothing. As of the quarterly report signed by Danzik's own hand in Sep 2023, FLCX has zero assets, stockholders’ deficit of approximately $4.0 million, was in default of certain loans payable, with zero revenue generating operations. Doesn't seem like the picture of health to me. The only purpose for the FCLX merger was that supposedly it gave Quantum a better capital structure to raise money. Now it's just a turd ready to be flushed.
It is simply inescapable that the blatantly false claims made by Quantum Energy Inc as well as FlooidCX regarding Danzik's so-called "Photon Engine" amount to SECURITIES FRAUD. The officers of QEI are certainly well aware of this - and the cancellation of the merger is just the result of their fear of being sued by investors, or prosecuted by the SEC. Danzik may still be an employee of QEI at this moment - but probably not for much longer. QEI can hardly pretend to be an honest company, as long as Danzik remains on board.
Get your information by actually attending a meeting AT QUANTUM, instead of reading the incoherent ramblings and false allegations of a couple of completely unhinged individuals, who are likely one individual that has an axe to grind. Go meet the Quantum staff. See the technology, operate it (you can actually operate the systems yourself!), and then decide. All stocks go up and down. FLCX has actually started trading day to day so it will all vary. Go to the source.
Mr. McMerty: Danzik is certainly a con artist, but there's nothing brilliant about conducting a scam that could very well land him in prison for SECURITIES FRAUD. The so-called "Earth Engine" / "Photon Engine" was originally developed by Inductance Energy, which is now a subsidiary of Quantum Energy INC, so probably Quantum Energy Inc now owns the totally worthless patent for it, and not FlooidCX.
What a train wreck!
So, this makes me wonder: who did those distribution companies sign license agreements with, FLCX or QREE? Very confusing why they started acting like FLCX was actually the company that owned the intellectual property (if you want to call it that). They just moved ahead as if a merger had happened. So did Danzik really just spend hundreds of thousands of dollars buying up a bunch of shares of a company that literally has no right to his "Photon Engine"? That's pretty hilarious. FLCX is even more useless than QREE right now, which value rivals a pile of manure.
These people are either a bunch of circus clowns or brilliant con artists, I can't tell which.
Mr. Sunlight: This is a noteworthy moment in the slow collapse of Danzik's "Photon Engine" scam. One feature of the proposed merger was that Danzik would be the CEO of the new company. Maybe the officers of Quantum Energy Inc decided that they might be more likely to avoid being prosecuted by the SEC for SECURITIES FRAUD if they refrained from making Danzik their CEO.
QREE BOARD POST
MJ16
Re: None
Monday, March 25, 2024 9:02:41 PM
Post# of 1190
FLCX Merger has been canceled.
On March 23, 2023, flooidCX Corp. (“FLCX”), a Nevada corporation, and Quantum Energy, Inc., a Nevada corporation (“QREE”), entered into an Agreement and Plan of Merger (the “Agreement”). Subsequently, the parties agreed that it was no longer in their material interest to proceed with the merger, and on March 21, 2024 the parties entered into a termination agreement which officially terminated the merger and the merger agreement, and released the parties from all liabilities related thereto.
Both FLCX and QREE will continue to operate as separate and distinct entities, each maintaining their respective corporate structures and trading status on the OTC Markets.
As a result of the termination of the Agreement, the planned changes in the management structure, company name, and trading symbol for Flooid will not take place. Inductance Energy Corporation (“IE”), currently operated as a subsidiary of Quantum Energy, Inc., will continue in its current structure as a wholly owned subsidiary of QREE, and shareholders of Inductance Energy Corporation will retain their current ownership of IE.
Don't see how it could've broke down when Danzik is the signer for FlooidCX Corp or why they were doing this at all when FLCX was inactive.
__________________________________________________________________________________________________________________________________
Well lookie here.
As Gomer would say.
SURPRISE SURPRISE SURPRISE
FlooidCX Completes Third Licensed Distributor Agreement
SECURITIES FRAUD By Inductance Energy Corp, Quantum Energy INC, And Quantum Energy CORP
Three different companies of which Dennis M. Danzik has served as a top executive – namely, Inductance Energy Corp, Quantum Energy Inc, and Quantum Energy Corp – have clearly engaged in securities fraud, by making blatantly false, deceptive and fraudulent claims regarding the electric motor they have called an “Earth Engine” or “Photon Engine.” All three companies have falsely claimed that Danzik’s so-called “Earth Engine” or “Photon Engine” is a revolutionary device powered by “Asymmetric Magnetic Propulsion,” when in fact it is simply a type of electric motor, powered entirely by electricity. In this article we will review some of the false and deceptive statements made by each of the three companies which can still be found online.
I. Inductance Energy Corporation
“The Byron Town Council unanimously voted to approve a $5 million Private Activity Bond Tuesday, Dec. 8 [2020], which will allow Inductance Energy – a Wyoming based energy company that says it has created a magnetic energy generator that is a major breakthrough in science – to build a facility within the city limits… The company states that it will bring 15 to 20 jobs to the Byron area and hundreds within the state of Wyoming.”
— Of course, Inductance Energy didn’t have any “major breakthrough” – only a major SCAM.
“Magnetic Propulsion” is not an energy source at all – let alone “the world’s most efficient” one.
Let’s look at the “Earth Engine” page of Inductance Energy’s website as of December 6, 2020:
“Powering humanity using Magnetic Propulsion, the world’s most efficient energy source”
“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. It is fully independent of the power grid and offers significant cost savings over other technologies. Earth Engine creates constant, reliable, and renewable energy.”
“Earth Engine is in production”
“Earth Engine is the solution to the fatiguing, overloaded, and in some countries, non-existent utility infrastructure.”
“How much energy does it produce?”
“Earth Engine is capable of producing 25+Kw of mechanical energy. This energy can be used to generate electricity, operating pumps, compressors, and other mechanical devices.”
“How does this compare to other energy sources?”
“Earth Engine is the only known power source propelled by Asymmetrical Magnetic Propulsion, producing energy that can be applied to generating electricity, and operating pumps, compressors, and other mechanical devices. With its massive list of features that set it above the competition. Earth Engine does not consume any fossil fuels, it does not run on the sun, the wind, hydro, bio-fuels, or radioactive fuel sources. It can run 24 hours a day, 7 days a week, 365 days a year creating constant energy unlike renewable technologies such as solar and wind. It is not reliant on a reaction, or burning of fuel source.”
— Notice that there is no mention of any need for solar panels, “Photon Power” or “photonics” in any of this! The “Earth Engine” needs nothing more than the “Asymmetric Magnetic Propulsion!”
But “magnetic propulsion” is not an energy source. The “Earth Engine” / “Photon Engine” is simply a type of electric motor, powered only by electricity and not by magnets. Inductance Energy’s blatantly false and fraudulent claims regarding their so-called “Earth Engine” (now renamed the “Photon Engine”) clearly amount to securities fraud by Inductance Energy Corporation.
II. Quantum Energy INC
In April 2023, a presentation regarding Quantum Energy’s so-called “Direct Energy System” was given to potential investors at the Planet MicroCap Showcase in Las Vegas by a Quantum Energy executive named Dustin Hamby. This presentation included claims and statements so blatantly false and misleading that they clearly amount to securities fraud by Quantum Energy Inc.
Describing Quantum’s energy system, Hamby says: “The technology is disruptive – it changes the way people look at power… This… reduces those costs further. It doesn’t have to have the sun, the wind, or any other fuel source to generate that electricity.”
– This is the same blatantly false claim that Dennis Danzik made for his “Earth Engine” for years, before renaming it as the “Photon Engine.” It rests on Danzik’s false claim that the “Engine” is actually powered by the “Magnetic Propulsion” provided by permanent magnets. In fact, the “Photon Engine” is simply an unconventional and inefficient type of electric motor. It is not powered by magnets at all. It is powered entirely by electricity. The electricity that powers it can only be generated through the use of the sun, the wind, or some other source of energy. The “Direct Energy System,” in essence, uses a type of electric motor to spin an alternator to generate electricity. The alternator will not produce more electricity than the electric motor consumes. Therefore there is nothing “disruptive” about the system. It will not “change the way people look at power,” and it will not “reduce costs.”
Hamby says: “Our IP is very strong, being the world’s first magnetic propulsion system that can generate electricity… that can deliver that electricity with zero emissions at a very low cost”
— This very misleading statement again rests on Quantum’s false pretense that Quantum’s so-called “Photon Engine” is a “revolutionary” device powered by “magnetic propulsion,” when in fact it is simply an unconventional and inefficient type of electric motor, powered by electricity.
Hamby says: “We have one of our Photonics systems that illustrates how we are recapturing voltage – wasted photons when we’re lighting a room. This voltage and amperage is utilized to run the control systems in our magnetic propulsion engines, which I’ll show you next.”
— This deceptive and misleading statement involves the same deception that we find in Danzik’s many videos on the Quantum Energy youtube channel. Quantum’s so-called “magnetic propulsion engine,” the “Photon Engine,” is simply a type of electric motor, powered entirely by electricity and not by magnets. The “recaptured voltage” from electric lights does not merely “run the control systems” of the electric motors which Quantum deceptively calls “magnetic propulsion engines” – it actually powers them.
Hamby says: “Why Quantum? We’re breakthrough technology… The renewable energy sector, their projects – solar projects, wind projects – they’re getting delayed because they don’t have transmission. Our solutions fix that. We don’t have to have transmission lines, because we’re creating the power where it’s consumed. We don’t need any sun, wind, hydro, it’s just the pairing of the permanent magnets.”
— This is yet another blatantly false and misleading statement. Quantum’s so-called “Photon Engine” is a type of electric motor, powered by electricity and not by magnets. Quantum does indeed need sun, wind, hydro, or some other source of energy to generate the electricity that powers the electric motor that they call a “Photon Engine.”
In the interest of brevity, I have quoted above only a few of the many false and misleading statements made by Hamby in his presentation, which was false and misleading from beginning to end.
The false and misleading claims and statements regarding Quantum Energy’s so-called “Direct Energy System,” in the presentation given in April 2023 by a Quantum Energy executive, to potential investors at the Planet MicroCap Showcase, clearly amount to securities fraud by Quantum Energy Inc.
III. Quantum Energy CORPORATION
Quantum Energy’s claim that their so-called “Photon Engine” is powered by “magnetic propulsion” is false and fraudulent. The so-called “Photon Engine” is an unconventional and inefficient type of electric motor, powered by electricity, and not by magnets or magnetic propulsion. The magnets of the “Photon Engine” motor merely help to convert electric energy to kinetic energy. QEC’s claim that the “Photon Engine” is powered by magnetic propulsion amounts to securities fraud by Quantum Energy Corporation, in my opinion.
A conventional electric motor replenishes the configuration energy of the motor during each cycle by reversing or alternating the flow of electricity in the rotor or stator. Danzik’s motor replenishes the configuration energy in a quite different (and less efficient) way: by using an electric actuator or servo motor to reposition the entire stator. Nonetheless, it is simply an electric motor. In both cases, “magnetic propulsion” merely converts the configuration energy of the motor to kinetic energy, and does not “power” the motor. The replenished configuration energy comes from the consumed electric energy and not from the magnets.
On October 14 2023, Dennis Danzik, the CEO of QEC, finally admitted that QEC’s “Direct Energy System” actually does NOT “amplify energy,” as he had previously indicated in videos posted on the Quantum Energy youtube channel. Danzik stated:
“In fact Quantum’s Direct Energy System increases the SIGNAL (voltage), not ‘energy’ in the specific scientific term, which many people use in generality.”
But only two weeks after this clear admission by QEC’s CEO, QEC nonetheless repeated in a press release the false claim that QEC’s so-called “Photon Engine” can “amplify energy.” QEC’s press release stated:
“Quantum’s Direct Energy Systems include an entire Suite of electrical energy producing products, including groundbreaking photonic energy systems which include: … Photon Engine – a revolutionary magnetically assisted flywheel energy storage system that increases the electrical “signal” (voltage), so that energy stored from the passive, or photonic side of the direct energy system, can be then amplified to an integrated storage system…”
The so-called “Photon Engine” – a type of electric motor – certainly does NOT “amplify energy,” and even QEC’s CEO Danzik himself finally admitted that it does NOT “amplify energy,” only two weeks before the press release was published. The false claim in QEC’s press release of November 1 2023 amounts to securities fraud by Quantum Energy Corporation.
Apart from fraudulent press releases, QEC has also posted many highly deceptive and misleading videos on the “Quantum Energy” YouTube channel, designed to persuade viewers to believe Quantum’s false claim that the “Earth Engine” or “Photon Engine” is a revolutionary device powered by “Magnetic Propulsion,” when in fact it is a type of electric motor, powered by electricity. Even the titles and posted descriptions of these videos are deceptive.
Quantum Energy Corp has just released the eightth of eight press releases that make no mention of the wonderful revolutionary "Photon Engine" which was supposed to free the world from any need for the electric grid. Yet Quantum is eager to mention their new "heat pumps and air conditioning units" which are merely appliances. The "Photon Engine" scam has already played out, before a single "Licensed Distributor" has sold a single one of them. Quantum wants investors and the SEC to just forget about all the false and fraudulent claims Quantum made for years. But I intend to keep reminding everybody!
“Earth Engine [AKA 'Photon Engine'] is the only known power source propelled by Asymmetrical Magnetic Propulsion, producing energy that can be applied to generating electricity, and operating pumps, compressors, and other mechanical devices. With its massive list of features that set it above the competition. Earth Engine does not consume any fossil fuels, it does not run on the sun, the wind, hydro, bio-fuels, or radioactive fuel sources. It can run 24 hours a day, 7 days a week, 365 days a year creating constant energy unlike renewable technologies such as solar and wind. It is not reliant on a reaction, or burning of fuel source.”
- But please forget all that! We just want to sell you solar panels, heat pumps, and air conditioners!
“FlooidCX Corporation (OTC: FLCX) Completes Third Licensed Distributor Agreement”
Mr. Bystander: I don't remember ever hearing of MotoFlux before. There are dozens of charlatans like this all over the world. I really don't go looking for them. I wish I had never heard of Danzik, to be perfectly honest. It resulted in a major distraction from a project far more important to me. But I guess that's just the way it goes for the compulsive scambusters of the world.
One of your strengths, apparently, is not multitasking. I have seen many articles/videos about the MotoFlux “breakthrough” and have found commentary in the comment sections from the username Dorick to be nonexistent. Additionally, I don’t recall any mention of MotoFlux in your WordPress writings.
What gives Mr Scambuster? Are you secretly shilling for MotoFlux?
(jk of course, but curious why you never bring up MotoFlux)
https://www.newswire.com/news/motoflux-inc-proves-their-newly-patented-device-generates-power-21956940
That’s a great question. And it really is amazing my non-inherited pile of money is stacked as high as it is. I have both a Trevor Milton truck and a Theranos device sitting in my garage. I framed out a section today for my future Photon Engine.
Mr. Bystander: Danzik and his companies have made very misleading (but rather vague) statements as to the possible savings that could reasonably be achieved by the absurd idea of installing solar panels indoors, but this sort of misinformation is hardly to be compared to the extravagantly false claims they have made regarding the so-called "Photon Engine." I specialize in scambusting pseudo-physics and make-believe "breakthroughs." I don't care to waste much time on mere exaggeration of savings, that should be obvious to anyone. But your question does makes me wonder: how many different ways do you need to be scammed, in order for your strange craving to be satiated?
Dorick: Please tell me if we’ve been scammed by the photon lighting system and it’s components as well (basically, everything but the engine). I want this on record.
Mr. Bogdon: Unfortunately, you have been scammed, just like every other investor in Quantum Energy stock. The available remedy is to file a class-action lawsuit against Quantum Energy Inc. Someone needs to file one while Quantum still has some money left in the bank. I'm already working on complaints to be submitted to the SEC.
I remember I saw a pic online of a clear photon engine suspended in air and I wnet to find it.
https://www.wsj.com/articles/one-mans-unlikely-quest-to-power-the-world-with-magnets-11558029179
It was held off above the ground to show no wire needed to operate and clear shell showing no hidden element. No wire and off the ground to show no external power source fo rwhy this is extraordinairy machine.
Why now do there need to be solar panel to make this work? I was beingtold that this work indepenant of any power source, and can work anywhere with no power.
Quantum also talk a lot about mining rair earth and set up market to sell.
Why all we here about is solar panel now?
I invest ina device that generate elextricty from now external source, and mine and refine rare earth material. Why am I now get the solar panels and everything else has been quiet.
I also purchase the QREE not the FLCS. Why is QREE wortlis now and all talk about FLCX. The merge seem like a waste and I see my share drop from $20 to peanut and now is forgetten while pump FLCX. Who company owns this device? Inductants Energy? Quantum or Flooid? What do I actualy invest in becos I think all this merge talk just shuffling and confusion to investers.
Mr. G$$: I am now preparing SECURITIES FRAUD complaints against all three of Danzik's fraudulent "Photon Engine" companies - Inductance Energy Corp, Quantum Energy Inc, and Quantum Energy Corp - to be submitted to the Securities Exchange Commission. We'll see whether the SEC can "understand the concept" of fraudulently obtaining millions of dollars from gullible investors by telling whopping lies regarding a make-believe "revolutionary breakthrough." I believe the SEC has a fair amount of experience in such matters.
Hey Hey...... Mr. Cut-n-Paste! Change it up dude. Your false statements are really getting old! You don't even understand the concept even after being told how it works.
SECURITIES FRAUD By Quantum Energy INC.
In April 2023, a presentation regarding Quantum Energy’s so-called “Direct Energy System” was given to potential investors at the Planet MicroCap Showcase in Las Vegas by a Quantum Energy executive named Dustin Hamby. This presentation included claims and statements so blatantly false and misleading that they clearly amount to securities fraud by Quantum Energy Inc. Describing Quantum’s energy system, Hamby says: “The technology is disruptive – it changes the way people look at power… This… reduces those costs further. It doesn’t have to have the sun, the wind, or any other fuel source to generate that electricity.”
– This is the same blatantly false claim that Dennis Danzik made for his “Earth Engine” for years, before renaming it as the “Photon Engine.” It rests on Danzik’s false claim that the “Engine” is actually powered by the “Magnetic Propulsion” provided by permanent magnets. In fact, the “Photon Engine” is simply an unconventional and inefficient type of electric motor. It is not powered by magnets at all. It is powered entirely by electricity. The electricity that powers it can only be generated through the use of the sun, the wind, or some other source of energy. The “Direct Energy System,” in essence, uses a type of electric motor to spin an alternator to generate electricity. The alternator will not produce more electricity than the electric motor consumes. Therefore there is nothing “disruptive” about the system. It will not “change the way people look at power,” and it will not “reduce costs.”
Hamby says: “Our IP is very strong, being the world’s first magnetic propulsion system that can generate electricity… that can deliver that electricity with zero emissions at a very low cost”
— This very misleading statement again rests on Quantum’s false pretense that Quantum’s so-called “Photon Engine” is a “revolutionary” device powered by “magnetic propulsion,” when in fact it is simply an unconventional and inefficient type of electric motor, powered by electricity.
Hamby says: “We have one of our Photonics systems that illustrates how we are recapturing voltage – wasted photons when we’re lighting a room. This voltage and amperage is utilized to run the control systems in our magnetic propulsion engines, which I’ll show you next.”
— This deceptive and misleading statement involves the same deception that we find in Danzik’s many videos on the Quantum Energy youtube channel. Quantum’s so-called “magnetic propulsion engine,” the “Photon Engine,” is simply a type of electric motor, powered entirely by electricity and not by magnets. The “recaptured voltage” from electric lights does not merely “run the control systems” of the electric motors which Quantum deceptively calls “magnetic propulsion engines” – it actually powers them.
Hamby says: “Why Quantum? We’re breakthrough technology… The renewable energy sector, their projects – solar projects, wind projects – they’re getting delayed because they don’t have transmission. Our solutions fix that. We don’t have to have transmission lines, because we’re creating the power where it’s consumed. We don’t need any sun, wind, hydro, it’s just the pairing of the permanent magnets.”
— This is yet another blatantly false and misleading statement. Quantum’s so-called “Photon Engine” is a type of electric motor, powered by electricity and not by magnets. Quantum does indeed need sun, wind, hydro, or some other source of energy to generate the electricity that powers the electric motor that they call a “Photon Engine.”
In the interest of brevity, I have quoted above only a few of the many false and misleading statements made by Hamby in his presentation, which was false and misleading from beginning to end.
The false and misleading claims and statements regarding Quantum Energy’s so-called “Direct Energy System,” in the presentation given in April 2023 by a Quantum Energy executive, to potential investors at the Planet MicroCap Showcase, clearly amount to securities fraud by Quantum Energy Inc.
Now let’s take a look at what Quantum Energy Inc’s subsidiary, Inductance Energy Corp, posted on their website for years, while selling Private Activity Bonds:
“Earth Engine is the only known power source propelled by Asymmetrical Magnetic Propulsion, producing energy that can be applied to generating electricity, and operating pumps, compressors, and other mechanical devices. With its massive list of features that set it above the competition. Earth Engine does not consume any fossil fuels, it does not run on the sun, the wind, hydro, bio-fuels, or radioactive fuel sources. It can run 24 hours a day, 7 days a week, 365 days a year creating constant energy unlike renewable technologies such as solar and wind. It is not reliant on a reaction, or burning of fuel source.”
– No requirement for any “Photon Power” or at all! No need for any “photonics!” All the “Earth Engine” needs is the “Asymmetrical Magnetic Propulsion!”
But “magnetic propulsion” is not an energy source. The “Earth Engine” / “Photon Engine” is simply a type of electric motor, powered only by electricity and not by magnets. Inductance Energy’s blatantly false and fraudulent claims regarding their so-called “Earth Engine” (now renamed the “Photon Engine”) clearly amount to securities fraud by Inductance Energy Corporation.
What is the relevance of being a nonpracticing bar member? - You get the newsletter and can list that on a bio?
Mr. S: "A member of the bar association" ought to know that only FALSE statements can be defamatory under American law. I have NEVER made even a single false statement about Danzik or his companies. You falsely accuse me of libel and defamation without even bothering to quote a statement that you think is false. I have quoted many times the blatantly false and fraudulent claims made by Quantum which are indeed PROOF of SECURITIES FRAUD, since we know with ABSOLUTE CERTAINTY that the claims are false and fraudulent. We don't need to meet the liars who made the claims to know that they are false. The Sixth Amendment concerns the rights of defendants during criminal prosecutions. I am not conducting any criminal prosecution. CRIMES such as the SECURITIES FRAUD that Quantum has committed by misrepresenting their so-called "Photon Engine" are only prosecuted because people like me decide to speak up and put a stop to it. Investors in Quantum have been deceived and harmed by Quantum's false and fraudulent claims which led them to invest in the first place, and not by people who simply point out that the claims are false.
Inductance Energy (now a subsidiary of Quantum Energy) told the world: "Earth Engine does not consume any fossil fuels, it does not run on the sun, the wind, hydro, bio-fuels, or radioactive fuel sources. It can run 24 hours a day, 7 days a week, 365 days a year creating constant energy unlike renewable technologies such as solar and wind. It is not reliant on a reaction, or burning of fuel source.” This is PROOF of SECURITIES FRAUD - and Quantum Energy repeated the claim as recently as last April, in Hamby's presentation to investors. Yes, Mr. S, SECURITIES FRAUD is a crime. And I have every right to point it out when I see PROOF of it.
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