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flooidCX Corporation (CE)

flooidCX Corporation (CE) (FLCX)

1.00
0.00
( 0.00% )

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Key stats and details

Current Price
1.00
Bid
0.00
Ask
0.00
Volume
-
0.00 Day's Range 0.00
0.001 52 Week Range 1.50
Market Cap
Previous Close
1.00
Open
-
Last Trade
Last Trade Time
-
Financial Volume
-
VWAP
-
Average Volume (3m)
-
Shares Outstanding
49,166,697
Dividend Yield
-
PE Ratio
62.11
Earnings Per Share (EPS)
0.02
Revenue
6.5M
Net Profit
794k

About flooidCX Corporation (CE)

Sector
Business Services, Nec
Industry
Business Services, Nec
Headquarters
Las Vegas, Nevada, USA
Founded
-
flooidCX Corporation (CE) is listed in the Business Services sector of the OTCMarkets with ticker FLCX. The last closing price for flooidCX (CE) was $1. Over the last year, flooidCX (CE) shares have traded in a share price range of $ 0.001 to $ 1.50.

flooidCX (CE) currently has 49,166,697 shares outstanding. The market capitalization of flooidCX (CE) is $49.17 million. flooidCX (CE) has a price to earnings ratio (PE ratio) of 62.11.

FLCX Latest News

PeriodChangeChange %OpenHighLowAvg. Daily VolVWAP
10000000CS
40000000CS
120011100CS
26-0.25-201.251.250.2513131.05596522CS
52-0.1-9.090909090911.11.50.00129180.95771146CS
15600190.00147812.02099307CS
2600.9612464.10256410.03990.001104850.75104738CS

FLCX - Frequently Asked Questions (FAQ)

What is the current flooidCX (CE) share price?
The current share price of flooidCX (CE) is $ 1.00
How many flooidCX (CE) shares are in issue?
flooidCX (CE) has 49,166,697 shares in issue
What is the market cap of flooidCX (CE)?
The market capitalisation of flooidCX (CE) is USD 49.17M
What is the 1 year trading range for flooidCX (CE) share price?
flooidCX (CE) has traded in the range of $ 0.001 to $ 1.50 during the past year
What is the PE ratio of flooidCX (CE)?
The price to earnings ratio of flooidCX (CE) is 62.11
What is the cash to sales ratio of flooidCX (CE)?
The cash to sales ratio of flooidCX (CE) is 7.56
What is the reporting currency for flooidCX (CE)?
flooidCX (CE) reports financial results in USD
What is the latest annual turnover for flooidCX (CE)?
The latest annual turnover of flooidCX (CE) is USD 6.5M
What is the latest annual profit for flooidCX (CE)?
The latest annual profit of flooidCX (CE) is USD 794k
What is the registered address of flooidCX (CE)?
The registered address for flooidCX (CE) is 3773 HOWARD HUGHES PKWY STE 500S, LAS VEGAS, NEVADA, 89169 6014
Which industry sector does flooidCX (CE) operate in?
flooidCX (CE) operates in the BUSINESS SERVICES, NEC sector

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FLCX Discussion

View Posts
Dorick Dorick 16 hours ago
Mr. Bystander: Thank you for your patience, Sir! I apologize for taking so long. I always think I'm on the final revision, but then I come up with better ways of expressing certain matters, which require another revision. However, I am quite sure that now I AM TRULY on the final revision! A link to the SEC Complaint WILL be posted here on the next birthday of the greatest country (with all its faults) in the history of the world. It's going to be a mighty happy day in Dorickville! This project has been like a ball and chain around my ankle for almost two years now - and it's finally going to come off!
👍️0
Curious Bystander Curious Bystander 17 hours ago
Patiently waiting for this bunker busting mega bomb to actually explode. The Iranians must have intercepted it mid flight.
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Dorick Dorick 3 weeks ago
* >>-------> SUPER-DUPER MEGA-TON SCAMBUSTING SEC COMPLAINT Soon To Be Released! <-------<< *
😋 1
Dorick Dorick 4 weeks ago
Mr. PC: Actually no, I wouldn't say that Regulation D exempt offerings, such as FlooidCX is now conducting, are the most risky investments possible, but they can be conducted with less public disclosure than is required for registered securities. I'm glad to hear you're still on board to help bring an end to Danzik's long-running "Magnetic Propulsion" scam. There might be a certain ten-minute internet task, costing nothing, that I will invite my friends to accomplish, if they wish.
👍️0
PC retired PC retired 4 weeks ago
No fear of that, Mr Dorick. I am here to do what little I can until this job is done. I gather an exempt offering is the most risky investment possible and a last ditch attempt to raise cash- am I correct?
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Dorick Dorick 4 weeks ago
I hope people don't quit checking this comment board, just because Delinquent Scammer Danzik has apparently abandoned the OTC market to take refuge in "exempt offerings." I expect to post a link to a fateful document in just a few days.
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Dorick Dorick 1 month ago
SafeMoon cryptocurrency scammer John Karony finally CONVICTED of all charges, including SECURITIES FRAUD. Watch out, Mr. Danzik! "Exempt Offerings of Securities" are not exempt from prosecution for securities fraud. While they are excused from SEC registration requirements, they remain fully subject to the antifraud provisions of federal securities laws.
👍️0
MagnetLover MagnetLover 1 month ago
Just saw the new filing. How fun! Wonder who are those who invested $1.5mm
👍️0
PC retired PC retired 1 month ago
Living in Ireland and not being au fait with SEC rules I cannot comment. However I can state that the claims made by D Danzik concerning his "Earth Engine", "Photon Engine" or his "Photon Lighting" are in contradiction of the known laws of physics and as such are of no value whatsoever. The claims that use of these devices could enable a customer to generate their own power and go "off grid" are utterly false. The only way to generate power, apart from renewables like solar and wind, is to burn some fuel and drive a real engine. The idea of using usb/ethernet cables for power transmission is farcical due to the light guage wire used. Nothing Danzik has proposed could be of benefit, on the contrary increased energy costs and most likely electrical hazards would ensue.
👍️ 1
Dorick Dorick 1 month ago
In view of FlooidCX Corp's "Notice of Exempt Offering of Securities" of 2025-05-09, I would like to warn investors as follows:

I allege that Dennis Danzik, Inductance Energy, Quantum Energy, and FlooidCX have violated the Exchange Act and the Securities Act in that they have made use of deceptive and fraudulent contrivances, devices, schemes, and artifices, have made untrue statements, have omitted to reveal crucially material facts, and have engaged in practices which operated as a fraud, in connection with the sale of securities. The violations occurred in the course of their fraudulent efforts to deceive investors by blatantly misrepresenting the capabilities of a device which they have called the “Earth Engine,” or “Photon Engine.” While employing deceptive contrivances to cause investors to believe their false claims that the so-called “Earth Engine” or “Photon Engine” is powered by “magnetic propulsion,” and could therefore make the electric grid unnecessary, they withheld from investors the crucially material fact that the so-called “Earth Engine” or “Photon Engine” is actually powered entirely by electricity and not at all by magnets. Furthermore, they withheld the fact that when used spin a generator, the device will actually consume more electricity than the generator produces.

FIRST CLAIM FOR RELIEF

Violations of Section 10(b) of the Exchange Act and Rule 10b-5 Thereunder by Dennis Danzik, Inductance Energy, Quantum Energy, And FlooidCX

Section 10(b) of the Exchange Act [15 U.S.C. § 78j(b)] states:
“It shall be unlawful for any person, directly or indirectly, by the use of any means or instrumentality of interstate commerce or of the mails, or of any facility of any national securities exchange,
To use or employ, in connection with the purchase or sale of any security registered on a national securities exchange or any security not so registered, or any securities-based swap agreement, any manipulative or deceptive device or contrivance in contravention of such rules and regulations as the Commission may prescribe as necessary or appropriate in the public interest or for the protection of investors.”

Rule 10b-5 thereunder [17 C.F.R. §§ 240.10b-5] states:
“It shall be unlawful for any person, directly or indirectly, by the use of any means or instrumentality of interstate commerce, or of the mails or of any facility of any national securities exchange,
(a) To employ any device, scheme, or artifice to defraud,
(b) To make any untrue statement of a material fact or to omit to state a material fact necessary in order to make the statements made, in the light of the circumstances under which they were made, not misleading, or
(c) To engage in any act, practice, or course of business which operates or would operate as a fraud or deceit upon any person, in connection with the purchase or sale of any security.”

I now re-allege and incorporate by reference the paragraphs within the section entitled “FACTUAL ALLEGATIONS.”

By engaging in the conduct described above, Danzik, Inductance Energy, Quantum Energy and FlooidCX, directly or indirectly, in connection with the purchase or sale of securities, by the use of means or instrumentalities of interstate commerce, or of the mails, or of a facility of a national securities exchange, with scienter:
(a) Employed devices, schemes, and artifices to defraud;
(b) Made untrue statements of material facts or omitted to state material facts necessary in order to make the statements made, in the light of the circumstances under which they were made, not misleading; and
(c) Engaged in acts, practices, or courses of business which operated or would operate as a fraud or deceit upon other persons, including purchasers and sellers of securities.

By reason of the foregoing, Danzik, Inductance Energy, Quantum Energy, and FlooidCX violated, and unless restrained and enjoined will continue to violate, Section 10(b) of the Exchange Act [15 U.S.C. § 78j(b)] and Rule 10b-5 thereunder [17 C.F.R. §§ 240.10b-5].

SECOND CLAIM FOR RELIEF

Violations of Sections 17(a)(1), (2), and (3) of the Securities Act By Dennis Danzik, Inductance Energy, Quantum Energy, And FlooidCX

Section 17(a) of the Securities Act [15 U.S.C. §§ 77q(a)] states:
“It shall be unlawful for any person in the offer or sale of any securities (including security-based swaps) or any security-based swap agreement (as defined in section 78c (a) (78) of this title) by the use of any means or instruments of transportation or communication in interstate commerce or by use of the mails, directly or indirectly,
(1) to employ any device, scheme, or artifice to defraud, or
(2) to obtain money or property by means of any untrue statement of a material fact or any omission to state a material fact necessary in order to make the statements made, in light of the circumstances under which they were made, not misleading; or
(3) to engage in any transaction, practice, or course of business which operates or would operate as a fraud or deceit upon the purchaser.”

I now re-allege and incorporate by reference the paragraphs within the section entitled “FACTUAL ALLEGATIONS.”

By engaging in the conduct described above, Danzik, Inductance Energy, Quantum Energy, and FlooidCX, directly or indirectly, in the offer or sale of securities, by use of the means or instruments of transportation or communication in interstate commerce or by use of the mails,
(1) with scienter, employed devices, schemes, or artifices to defraud;
(2) obtained money or property by means of untrue statements of material fact or by omitting to state a material fact necessary in order to make the statements made, in light of the circumstances under which they were made, not misleading; and
(3) engaged in transactions, practices, or courses of business which operated or would operate as a fraud or deceit upon purchasers.

By reason of the foregoing, Danzik, Inductance Energy, Quantum Energy, and FlooidCX violated, and unless restrained and enjoined will continue to violate, Section 17(a) of the Securities Act [15 U.S.C. §§ 77q(a)].

REQUEST FOR RELIEF

I ask the SEC to thoroughly and properly investigate the fraudulent claims and conduct of Inductance Energy Corp, Quantum Energy Inc, FlooidCX Corp, and Dennis Danzik over the past several years, since the time when Inductance Energy first began to publish false claims regarding the “Earth Engine” while selling bonds to investors. I believe that a proper investigation will show very clearly that Danzik and the three companies have indeed committed the violations mentioned above. Therefore I also ask the SEC to properly prosecute Danzik and the three companies in an appropriate court of law.
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Dorick Dorick 1 month ago
Of course, Mr. Bystander! I would never stand between a man and his gas station. At least it seems you liked the story of my velociraptor puchase!
👍️ 1 😁 1
Curious Bystander Curious Bystander 1 month ago
Don’t feel too bad. I’m not a smart man either, since I’m unable to clearly explain that while your explanation makes perfect sense, it is only applicable to a very small percentage of folks who invested money into Danzik’s ENGINE…folks who actually understand the laws of physics.

I can 100% assure you that the majority of investors do understand that if they get pushed out the window of a 22 story building gravity will have the final say. But they do not know (nor care) what the difference is between an engine and a motor.

Now if you’ll excuse me I need to go buy some gas for my lawnmower motor and get some yard work done.
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Dorick Dorick 2 months ago
Mr. PC: I would file FlooidCX's Form 10-K in the SECURITIES FRAUD category.
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MsRoxanne MsRoxanne 2 months ago
“Letters of Intent” how many times have we seen this phrase? lol.
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Dorick Dorick 2 months ago
Hilarious paragraph from FlooidCX Corp's Form 10-K:

Code of Ethics

The Company is currently reviewing its code of ethics for our executive officers, directors, and employees. The Company has retained the accounting firm Baker Tilly to assist in reviewing and adopting its code of ethics. However, our management intends to promote honest and ethical conduct, full and fair disclosure in our reports to the SEC, and compliance with applicable governmental laws and regulations.

- I have a Code of Ethics for you to adopt, Mr. Danzik! It's very simple:

* Don't continue LYING YOUR HEAD OFF about the electric motor you used to call an "Earth Engine," and now call a "Photon Engine." And don't call it an "engine" - call it an ELECTRIC MOTOR.

(You're welcome - don't mention it.)
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PC retired PC retired 2 months ago
Personally i would file that 10k in the fiction category.
👍️ 1
MagnetLover MagnetLover 2 months ago
Right, probably as legit as their zillion distributors that can't afford a separate phone number or a website. Nothing fishy for sure.

Isn't it bothering you the company is operating on 0 dollars? They literally don't have a cent on their bank account. Their total book value resides in some receivables from those distributors that can't afford a phone number nor a website. Peachy
👍️0
Dorick Dorick 2 months ago
Mr. G$$: Why would you be shocked? How much "due diligence" did Walgreens, Safeway, and Cleveland Clinic do, before signing multi-million dollar contracts with Theranos? How much "due diligence" did General Motors, Bosch, Ryder System, and Anheuser-Busch do, before signing multi-million dollar contracts with Nikola Motors? How much due diligence was done by the large companies that invested in Enron, Worldcom, and Bernie Madoff? - Evidently, not very much!
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G$$ G$$ 2 months ago
There are some pretty big names listed on the recent 10 K filing. I'd be shocked if they just signed multi-million dollar contracts without doing their due diligence!





"The Company’s active customer base for executed letters of intent, customer contracts, and ongoing Energy Surveys, engineering, system design and installation currently include; Embassy Suites (Hilton), Holiday Inn Express (IHG Hotels), Nokia, Karmali Holdings (Exxon Campus A, Houston), Texas Health Resources, Faith United, New Freedom (heath and human services), Verizon/Frontier Communications, Hampton Inns (Hilton), Humanetics Companies, RIMA Manufacturing. Governmental include; Lincoln County, Wyoming, City of Hillsdale, Michigan, City of Rosemond Community Service District (California).



The Company began its first large-scale contract on March 10, 2025, for Karmali Holdings, of Southlake Texas, located 222 Benmar Drive in Houston Texas, the former Exxon campus a location. The approved installation includes an 8-story class A office complex, and attached large-scale parking structure. The contract for installation is valued at between $17.5 and $23.2 million, (variance depends on new Central Plant heating and air-conditioning costs), and additional estimated recurring revenue of approximately $14 million over the term of the twenty-year contract.



From October of 2024 the Company has completed Letters of Intent, and has completed Energy Surveys on just under 3,000,000 ft.² of commercial and industrial facilities, representing approximately $52.1 million in potential installation fees, representing only six (6) of its current 109 facility installations, and additional contractual recurring revenue (monthly) of approximately $25.2 million over the twenty-year contracts. The Company has completed contractual negotiations and is expecting executed customer contracts for an estimated $52.1 million in installation fees no later than April 30, 2025. The Company has begun the engineering process for installations on one facility installation and Michigan, one facility installation in Houston Texas, one facility location in Dallas Texas, to facility locations in Phoenix Arizona, and one government awarded contract, (expected execution on or before April 30, 2025), located in Lincoln County Wyoming. The Company has active survey and installation work related to 109 facility locations in Arizona, Texas, Michigan, Illinois, Utah, Nevada, Idaho, Wyoming, Washington State, California, Massachusetts, and Wyoming for its Direct Energy Systems. The Company anticipates that its first permitting for installation will be issued in late April to end of May 2025"
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Dorick Dorick 2 months ago
Mr. PC: Well I think they might have degraded your self-description a little bit - we know you're a very smart guy.
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PC retired PC retired 2 months ago
I'm a dumb f@<ker, i freely admit but i do know my engineering. Danzik's stuff is absolute unmitigated nonsense. PS I have had a few beers but that does not degrade my analysis one bit. Cheers!
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Dorick Dorick 2 months ago
Mr. Bystander: It's already perfectly clear that I'm not very smart, since I can't understand why you would think that I sound foolish for complaining about your participation in using Danzik's deceptive and fraudulent terminology. If any investor believes that Danzik's inefficient ELECTRIC MOTOR is going to "resolve the world’s energy problems," it's because they were fooled and deceived by Danzik's deceptive terminology and deceptive videos and false claims. The word "engine" is actually a crucial component of that deceptive terminology, and that's why he still uses it, even in his latest Form 10-K report. Even in that 10-K, he dares to refer deceptively to the "minimal input power" consumed by his so-called "Photon Engine," without mentioning that the output power will be just as minimal as the input power. But everyone understands that no electric motor will deliver more power than it consumes. Therefore the term "electric motor" would interfere with his false pretenses, if he properly called his electric motor an "electric motor" instead of an "engine." In videos which are STILL posted on his YouTube channel, he falsely refers to magnets as "fuel blocks" for his so-called "engines." This again would make no sense if he called his electric motor an "electric motor."
👍️0
Curious Bystander Curious Bystander 2 months ago
That’s a very entertaining story thanks for sharing.

You are extremely misguided if you think any person has or would invest money into Danzik’s gadget simply because of what he calls it.
They invest because of its perceived potential. They don’t understand the science. Danzik could call it an emu, a velociraptor, an engine, a motor, a piece of toast… and they would still write a check thinking that somehow it is going to resolve the world’s energy problems. If you don’t understand that you’re not as smart as I thought you were!
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Dorick Dorick 2 months ago
Mr. Bystander: I recently bought a giant velociraptor from a local "Jurassic Pet Store," since they had it "on sale" at half price for only $39,000. But as soon as my neighbor saw it, he immediately said "That's not a giant velociraptor - that's a young Australian emu!"

So I brought it back to the store and said, "I demand a refund for this velociraptor, since it's not a velociraptor!"

But the proprietor replied, "How could a velociraptor be anything other than a velociraptor? Your complaint is nonsensical, and we can't accept returns of velociraptors, due to our national policy."

"A velociraptor can indeed be something other than a velociraptor," I replied, "if the velociraptor consists of an Australian emu!"

But he simply pointed to a sign, that said: "NO Velociraptor Returns Accepted."

When I got back home, I told my neighbor: "They refused to take back the velociraptor, or give me any refund!"

And my neighbor said, "That's too bad - but as I said before, it's not a velociraptor, it's actually an Australian emu."

So now I've wasted 39,000 dollars, plus tax - but all my neighbor can do is just to keep harping on what I CALL the darn thing! What is WRONG with that guy?
👍️0
PC retired PC retired 2 months ago
I respectfully disagree. Danzik was the source of this misuse of a technical term for an inefficient electric motor. We had the "earth engine" first which subsequently became the "photon engine"- where are these ground breaking(not) devices now? How much investment was wasted on this useless junk? The engine(s) is a relevant topic, IMHO.
👍️ 1
Curious Bystander Curious Bystander 2 months ago
Ahhhhh…..man. You did it again. Do you realize how foolish you sound when you make a big deal over the word “engine” in light of what’s really going on here?

I’m curious, if you were poisoned by eating a company’s canadian bacon would you refer to it as something else in court where it’s more of a ham than bacon and widely produced outside of Canada? 😉
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PC retired PC retired 2 months ago
Give them some time. Once Danzik has got their attention they may look into other aspects of his business dealings, hopefully.
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MagnetLover MagnetLover 2 months ago
It doesn't look like the SEC went further in its investigation according to the fillings unfortunately
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Dorick Dorick 2 months ago
Mr. Bystander: Thanks for the information. However, no one but a scammer like Scammer Danzik would refer to an electric motor as an "engine." His so-called "Earth Engine" is a type of electric motor. His so-called "Photon Engine" is a type of electric motor. Scammer Danzik calls them "engines" because Scammer Danzik is a pathological liar, a con artist, a charlatan, a fraudster, a flim-flam man, a mountebank, a swindler, and a scammer. Everyone understands that electric motors are powered by electricity, but Scammer Danzik's whole "Earth Engine" scam was based on pretending that his electric motor was "powered by magnets" and not at all by electricity. That is why he called it an "engine" instead of an electric motor. With the name change to "Photon Engine" he revised the pretense somewhat by admitting to an input power requirement, but he still relentlessly insists that the input power is "minimal," and still pretends that some sort of energy "amplification" is magically accomplished by utilizing his revolutionary (but nonexistent) "magnetic propulsion discoveries." To call his electric motor an "electric motor" would interfere with this false pretense too. When you go along with Scammer Danzik's deceptive and fraudulent terminology by calling his electric motor an "engine" it just makes you sound foolish. Please stop it.
👍️0
Curious Bystander Curious Bystander 2 months ago
That’s been there for years. That website is “grabbing” any searched item related to its company’s products and calling it their own to drive traffic to their site. And so you’ll have zero luck getting an engine from them…or Scottsdale for that matter
👍️0
PC retired PC retired 2 months ago
It does look like the SEC has Danzik in it's sights now and it's about time.
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Dorick Dorick 2 months ago
Mr. MagnetLover: Thanks for posting that. The combined company after the merger was supposed to have Scammer Danzik as CEO. Then I started posting comments pointing out that the false claims made by Scammer Danzik and his companies amounted to securities fraud. Then the planned merger was cancelled (maybe just a coincidence). This week I'm going to put aside all my other projects until I finish my combined Complaint to the SEC against Scammer Danzik and his three Scamporations, and get it filed! I hereby promise the Universe that it will be filed by the end of the week. (Previously I filed separate Complaints against each of the three companies. This one will be much better.)
👍️0
PC retired PC retired 2 months ago
"Unholy mixing of QREE and FLCX" ?, I would call it incestuous.
👍️ 1
MagnetLover MagnetLover 2 months ago
Interesting exchanges between the SEC and Quantum re merger and the unholy mixing of QREE and FLCX. Contains several enlightening pieces internal info regarding the background of the merger and the mystery of the naming/scope split between both cies.

SEC inquiry:
https://www.sec.gov/Archives/edgar/data/1609988/000000000024004437/filename1.pdf

Response from FLCX:
https://www.sec.gov/Archives/edgar/data/1609988/000147793224003796/filename1.htm

👍️ 1
PC retired PC retired 2 months ago
Ah, shucks, Mr Dorick. You know how much i need a Danzik doohickey, guaranteed to use more power than it delivers.
👍️ 1
Dorick Dorick 2 months ago
Revolutionize Your Energy Bill with the Dennis Danzik Magnetic Generator: The Ultimate Solution for Sustainable Power!

"Introducing the innovative product, the Dennis Danzik Magnetic Generator, designed to provide a sustainable and cost-effective solution for generating electricity. This state-of-the-art generator is brought to you by Jinhua Huilong Machinery Co., Ltd., a reliable supplier, factory, and manufacturer based in China. With the increasing demand for renewable energy sources, the Dennis Danzik Magnetic Generator has proven to be one of the most efficient and reliable energy sources available today. Its unique design uses magnetic fields to generate electricity, which means it has no emission or pollution, making it an eco-friendly option. This magnetic generator is easy to maintain and can operate for an extended period without any interruption, making it a reliable option for homes, businesses, and industries. The Dennis Danzik Magnetic Generator is a game-changer in the world of energy generation, providing an affordable and sustainable solution that meets the needs of today's world. Order now from Jinhua Huilong Machinery Co., Ltd. and experience the benefits of this game-changing product."

For Pete's sake, Mr. PC - stop worrying about what "soon" means, and just ORDER ONE now! How else are you ever going to Revolutionize Your Energy Bill?
👍️0
PC retired PC retired 2 months ago
Ah, that must be the mythical "magnetic propulsion", soon to be released. I am very impatient by nature and it feels like i have been waiting a lifetime for my earth/photon engine- i thought soon meant soon. Maybe it means never?
👍️ 1
Dorick Dorick 2 months ago
Mr. MagnetLover: "seemingly legit website?" The whole website is garbage.
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MagnetLover MagnetLover 2 months ago
what in the world is this ??? Random page on a seemingly legit website. No corresponding product that could fit the description of the Danzik generator.
https://www.hlm-transaxle.com/dennis-danzik-magnetic-generator/
👍️ 1
Dorick Dorick 2 months ago
Mr. MagnetLover: Here’s a technical critique (by Grok) of the statements and claims made by Danzik’s company regarding their SAFEwatt ethernet power adapter and related EET technology, based on the provided description:

Overview of Claims

Danzik’s company asserts that their SAFEwatt ethernet power adapter, part of a broader series of electrical accessories under EET technology, revolutionizes power delivery for devices like laptops, desktops, monitors, and servers. They claim it replaces traditional "high consumption inversion and conversion electrical devices," reducing power usage significantly. Specifically, they state that a typical laptop adapter consumes 140–200 watts from a 110–120V AC wall plug, while their SAFEwatt adapter cuts this to "15–20 volts DC and an average of 60 watts," or about one-third the power consumption. They also suggest this technology scales to over 200 custom adapters for various low-voltage DC devices, which they argue are currently "overpowered" by standard AC sources.

Let’s dissect these claims technically and evaluate their validity.

1. Mischaracterization of Typical Adapter Power Consumption

Claim: A typical laptop power adapter consumes 140–200 watts from a 110–120V AC wall plug.

Critique:

This figure is significantly inflated for laptops. Standard laptop chargers typically range from 45W to 90W, with high-performance models (e.g., gaming laptops) reaching up to 120W. Even accounting for efficiency losses (modern adapters are often 85–90% efficient), the input power from the wall would be closer to 50–100W, not 140–200W. For example:

A 65W laptop charger at 90% efficiency draws approximately 72W from the wall (65W ÷ 0.9).
A 120W charger at 85% efficiency draws about 141W, which is at the low end of their range but still rare for a "typical" laptop.

The 140–200W range might apply to desktop power supplies or other devices, but desktops use internal power supplies (often 300W+), not standalone adapters. The claim lacks specificity and exaggerates typical laptop adapter consumption, undermining its credibility.

2. Confusing Power Reduction Metrics

Claim: The SAFEwatt adapter reduces power consumption to "15–20 volts DC and an average of 60 watts," or about one-third of a typical adapter’s consumption.

Critique:

This statement conflates voltage (volts) and power (watts), which is a fundamental technical error:

Voltage (V) is the potential difference, not a measure of power consumption.
Power (W) is the product of voltage (V) and current (A), i.e., P = V × I.

Saying it "reduces consumption to 15–20 volts DC" is nonsensical without specifying current. They likely mean the adapter outputs 15–20V DC at a current yielding 60W (e.g., 20V × 3A = 60W). However:

If a laptop requires 65W (e.g., 19V × 3.42A), supplying only 60W could result in insufficient power, leading to slow charging or performance throttling.
Reducing power to "one-third" (e.g., from 180W to 60W) implies the device operates normally on less power, which contradicts basic electronics—devices draw what they need, not what the adapter arbitrarily limits.

This suggests either a misunderstanding of power delivery or an unstated assumption about efficiency gains, which they fail to clarify.

3. Applicability Across Diverse Devices

Claim: The technology applies to laptops, desktops, monitors, broadcast stations, and servers, with over 200 custom adapters planned.

Critique:

Device power needs vary widely:

Monitors: Typically 20–50W.
Laptops: 45–120W.
Desktops: 300W+ (via internal power supplies).
Servers: Hundreds to thousands of watts, depending on scale.

A single adapter outputting "an average of 60W" cannot feasibly power such a range. For example:

A 60W adapter might suffice for a monitor but not a 65W+ laptop or a 500W server.
Power over Ethernet (PoE), implied by "ethernet power adapter," has limits: standard PoE delivers 15.4W, PoE+ up to 30W, and PoE++ up to 60–90W per port. Even at 60W, it’s inadequate for desktops or servers.

Scaling to "over 200 custom adapters" suggests tailored solutions, but without details on how they overcome these power disparities, the claim feels impractical and speculative.

4. Misuse of Terminology: "Inversion and Conversion" and "Overpowered" Devices

Claim: The adapters replace "high consumption inversion and conversion electrical devices" and address devices "overpowered by common 110 to 120 V AC and 240-volt AC power sources."

Critique:

Inversion and Conversion: Inversion (DC to AC) is irrelevant here; most devices use AC-to-DC conversion via adapters. "High consumption" conversion likely refers to inefficient AC-DC adapters, but modern switching power supplies are already 85–95% efficient. Any improvement would be incremental, not a two-thirds reduction.
Overpowered: Devices aren’t "overpowered" by wall voltage (110–120V AC or 240V AC). Adapters step down and regulate voltage/current to match device needs (e.g., 19V DC for laptops). The term is misused—wall voltage is standard, not excessive.

This terminology is either sloppy or deliberately vague, obscuring the actual mechanism of improvement.

5. Feasibility of Ethernet-Based Power Delivery

Claim: The SAFEwatt is an "ethernet power adapter."

Critique:

Power over Ethernet (PoE) is a known technology, but its limitations challenge the claim:

PoE standards cap at 60–90W (PoE++), which aligns with their "60W average" but falls short for many laptops, desktops, and servers.
Delivering higher power over ethernet cables (e.g., Cat5e/Cat6) risks heat buildup, voltage drop, or cable damage unless they’ve innovated beyond IEEE 802.3 standards—yet no such breakthrough is specified.

Without evidence of a novel PoE approach, this restricts the adapter’s practical use to low-power devices, not the broad range claimed.

6. Efficiency and Savings Potential

Analysis:

If the intent is improved efficiency (less wasted power in conversion), let’s estimate:

A 65W laptop with a 90% efficient adapter draws ~72W from the wall.
At 95% efficiency (optimistic for SAFEwatt), it draws ~68W—a 4W savings, not two-thirds.

Achieving a 60W input (from 180W) implies either:

A device needing only 60W (unrealistic for many cited devices), or
Efficiency exceeding 100%, which is physically impossible.

Without a radical new technology (unspecified), the claimed reduction is implausible.

Conclusion

The claims from Danzik’s company are technically questionable:

Exaggerated baselines: 140–200W for laptop adapters is overstated.
Confused metrics: Mixing volts and watts muddies the explanation.
Impractical scope: A 60W adapter can’t universally power such diverse devices.
Vague innovation: No clear mechanism justifies the dramatic savings.

It’s possible they’ve developed an efficient PoE-based adapter, but the lack of specificity, incorrect terminology, and unrealistic figures suggest hype over substance. For credibility, they’d need to provide patents, technical specs, or test data showing how they achieve these reductions—otherwise, this reads as an overhyped marketing pitch. If considering their products, demand hard evidence of power savings and compatibility before trusting these claims over established solutions.
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PC retired PC retired 2 months ago
Agreed, absolute nonsense.
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MagnetLover MagnetLover 2 months ago
A series of powerful electrical accessories has emerged from EET technology which includes a new series of electrical adapters, and connectors which replace high consumption inversion and conversion electrical devices. One specific example is the SAFEwatt ethernet power adapter that replaces a wide variety of electrical adapters that power laptop and desktop computers. A typical power adapter for even the simplest of laptops will consume anywhere from 140 to as much as 200 Watts of electrical energy, as that adapter is powered by a common 110 to 120 V AC wall plug. Replacing such adapters with a SAFEwatt adapter reduces that power consumption to 15 to 20 volts DC, and an average of 60 Watts, or about one third the power consumption of a typical computer adapter. The technology also applies to monitors, broadcast stations and computer servers. The Company estimates this product series will exceed 200 custom EET adapter devices for use in mobile phone chargers, laptop computers, desktop computers, desk lighting, computer servers, and a wide variety of other low-voltage direct current consumption devices, that currently are overpowered by common 110 to 120 V AC and 240-volt AC power sources.

1. the transformers are now very efficient (90% ish)
2. again confusing power with voltage. There is literally no advantage in running 20v DC on power lines: more loss

Nonsense all over. Danzik is proposing a non solution to a non problem
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PC retired PC retired 2 months ago
Thank you, Mr MagnetLover for your appraisal of the 10k. I only glanced at it and i obviously missed important details.
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MagnetLover MagnetLover 2 months ago
I went through the last 10K (audited this time), which is quite a read.

The company has 0 cash, zilsh, nada. Pretends to have 6.5M rev for 2023 (with all the unknown distributors that don't have websites... you know the drill). But got 0 cashflow from them. The 6.5M are parked in the receivables section (recognized, unpaid). Wouldn't hold my breath on the repayments of those "contracts"

The Company projects that it will increase its potential installation fees during its 2025 fiscal year to more than $150 million, and that potential recurring revenue contracts will exceed $100 million.

🤣🤣🤣🤣🤣🤣🤣🤣🤣
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PC retired PC retired 2 months ago
True, but that was several years ago and age continues to advance, unfortunately.
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Dorick Dorick 2 months ago
Mr. PC: But I seem to remember that you're the guy who gets called out of retirement to do complicated electrical enfineering work that nobody else knows how to do (certainly including me, of course)!
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PC retired PC retired 2 months ago
Thank you Mr Dorick for perusing the 10k and elucidating the egregious errors it contains. I am but an old fogey and i do not have the energy to do what you have done.
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PC retired PC retired 2 months ago
On investor hub!
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H_L H_L 2 months ago
Where did you get the information about Holcomb?
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Dorick Dorick 2 months ago
As in practically all of his deceptive and fraudulent videos, Danzik refers in his 10-K report to the "minimal input power" consumed by his so-called "Photon Engine" - without ever disclosing the highly material fact that the output power produced is just as minimal as the input power consumed. This is FRAUD BY OMISSION.

Section 17(a) of the Securities Act [15 U.S.C. §§ 77q(a)] states:
“It shall be unlawful for any person in the offer or sale of any securities (including security-based swaps) or any security-based swap agreement (as defined in section 78c (a) (78) of this title) by the use of any means or instruments of transportation or communication in interstate commerce or by use of the mails, directly or indirectly,
(1) to employ any device, scheme, or artifice to defraud, or
(2) to obtain money or property by means of any untrue statement of a material fact or any omission to state a material fact necessary in order to make the statements made, in light of the circumstances under which they were made, not misleading; or
(3) to engage in any transaction, practice, or course of business which operates or would operate as a fraud or deceit upon the purchaser.”

I now re-allege and incorporate by reference the paragraphs within the section entitled “FACTUAL ALLEGATIONS.”

By engaging in the conduct described above, Danzik, Inductance Energy, Quantum Energy, and FlooidCX, directly or indirectly, in the offer or sale of securities, by use of the means or instruments of transportation or communication in interstate commerce or by use of the mails,
(1) with scienter, employed devices, schemes, or artifices to defraud;
(2) obtained money or property by means of untrue statements of material fact or by omitting to state a material fact necessary in order to make the statements made, in light of the circumstances under which they were made, not misleading; and
(3) engaged in transactions, practices, or courses of business which operated or would operate as a fraud or deceit upon purchasers.

By reason of the foregoing, Danzik, Inductance Energy, Quantum Energy, and FlooidCX violated, and unless restrained and enjoined will continue to violate, Section 17(a) of the Securities Act [15 U.S.C. §§ 77q(a)].
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