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Quantum Energy Inc (PK)

Quantum Energy Inc (PK) (QREE)

0.2296
0.0446
( 24.11% )
Updated: 11:17:50

Professional-Grade Tools, for Individual Investors.

Key stats and details

Current Price
0.2296
Bid
0.185
Ask
0.2296
Volume
102
0.2296 Day's Range 0.2296
0.1328 52 Week Range 1.48
Previous Close
0.185
Open
0.2296
Last Trade
100
@
0.2296
Last Trade Time
11:17:50
Average Volume (3m)
12,683
Financial Volume
$ 23
VWAP
0.2296

QREE Latest News

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PeriodChangeChange %OpenHighLowAvg. Daily VolVWAP
10.01476.840390879480.21490.22980.185165070.20645357CS
40.01265.80645161290.2170.2740.185111560.22265028CS
12-0.0704-23.46666666670.30.34580.1328126830.24960166CS
26-0.6504-73.90909090910.880.9250.1328174600.39648281CS
52-0.2454-51.66315789470.4751.480.1328179780.51955936CS
156-19.7204-98.84912280719.9521.740.1328182840.70466933CS
260-19.7204-98.84912280719.9521.740.1328182840.70466933CS

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QREE Discussion

View Posts
MagnetLover MagnetLover 1 day ago
Found this article:
https://web.archive.org/web/20230812210955/https://www.energybusinessreview.com/quantum-energy-corporation

Which contains quite a few gems:


Quantum Energy is now actively involved in the design and construction of photonic furniture. This includes desks, conference tables, side tables, and other types of furniture that possess the remarkable ability to generate voltage when exposed to ambient light or when lights in the room are turned on

I don't even know what to say.

This means that every existing or new light fixture can be converted to a micro-generator. In these settings when lights are switched on to produce light, it transforms into a micro-generator, capable of producing voltage and a certain level of amperage.

Voltage for sure, amperage, mehh. Too bad P = UI right?

While lighting up the space, it is simultaneously generating energy that feeds back into the system. This approach makes the technology completely independent of grid connections.

Except they need the space to be lit up in the first place... with electric lighting... from the... grid

A Better Alternative to Solar Energy

Not even close

The Quantum photonic technology transcends these limitations, offering a flexible energy solution that operates consistently throughout the day, and night. These photonic fixtures function indoors, shielded from harsh outdoor conditions.

I am gonna give them a 🤣 for this one .

To date beginning in 2014, more than $60 million dollars has been invested in the technology.

A more efficient setup for you for free: put PV panels inside, throw away the photon engine (consumes power for nothing), plug those nice Aliexpress RBG lights for effect. Even better design, don't do any of that because nothing of this makes any sense.
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MagnetLover MagnetLover 2 days ago
I am yet to find any realness in their product line, distribution agreements, patents, etc.

Everything is "page missing", "to be released", only cited on their press release, no website, or aesir.energy style.
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PC retired PC retired 3 days ago
Looking again at Quantum info(yes, i'm a masochist!) and all these dubious references to "dealerships", i continually see mention of 400+ products?? Have they even got one physical real world product?
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Curious Bystander Curious Bystander 6 days ago
In early May PNOC announced a partnership with Landbank Ink for rooftop solar, and in a separate announcement a partnership with Moorfields regarding aquavoltaics.

Aside from Quantum’s press release, PNOC makes no mention anywhere (that I can find) of a partnership with Arc Energy.

https://www.philstar.com/business/2024/05/02/2351845/pnoc-landbank-ink-agreement-solar-rooftop/amp/

https://solarquarter.com/2024/05/03/aquavoltaic-partnership-pnoc-and-moorfields-capital-to-drive-sustainable-energy-in-the-philippines/
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splintered sunlight splintered sunlight 6 days ago
I'm borrowing this from payupdeadbeat:

Over the years, I have grown to hate the word "soon." It is usually the harbinger of an extended period of disappointment.
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PC retired PC retired 6 days ago
Every time boredom strikes i have a look at the quantum site and click on "magnetic propulsion" and it says "soon to be released", as it has been saying for a long time now. The question is "how soon is soon"!, hilarious.
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splintered sunlight splintered sunlight 6 days ago
This has a better chance of succeeding than QREE does, LOL.......
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PC retired PC retired 7 days ago
Good questions. What use are these "techs"?, none at all i would guess.
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Curious Bystander Curious Bystander 7 days ago
Forget all this talk about engines, magnets, photonics, etc!

I have just discovered the key to perpetual motion!

https://www.instagram.com/reel/C70fT7jKxwD/?utm_source=ig_web_button_share_sheet
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MJ16 MJ16 1 week ago
Quantum Energy, Inc. Announces Retirement of Chairman William Hinz

Quantum Energy Inc. (OTC: QREE), ("Quantum"), a worldwide exclusive licensee of flywheel energy storage systems, energy conditioning systems, and rare earth material supply and manufacturing, today announces the retirement of William Hinz,

What is an energy conditioning system? Is that storage? What happened to magnetic propulsion?
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PC retired PC retired 2 weeks ago
I saw it on a Quantum announcement that popped up as i was doing a search, the date was 7 june.
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Curious Bystander Curious Bystander 2 weeks ago
Where’s everyone seeing that Bill Hinz stepped down?
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MJ16 MJ16 2 weeks ago
And they spend barely anything on CapEx or materials. Their last report listed $249.5K of equipment purchases but $1.7M on professional fees, Also don't list any inventory or raw materials.
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MagnetLover MagnetLover 2 weeks ago
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.”

Good to know they are focused on the important stuff.
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JayJay1982 JayJay1982 2 weeks ago
According to its own financials, Quantum has funneled tens of millions of dollars to PRIVATELY-HELD Inductance Energy (over the last year or so.) Why is this important? It is the same privately-held LLC that is controlled by the people who also control publicly-traded Quantum Energy: Hinz, Ewert, Bean, Kitchen, Kerr, Elizabeth Danzik. Money laundering scam complete! Where is the SEC? Simply outrageous.
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Dorick Dorick 2 weeks ago
Mr. PC: And the whole Leadership page of qree.energy is "under construction" now. We're witnessing the manifestations of a complex corporate financial psycho-socio-economic phenomenon known as "take the money and run."
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PC retired PC retired 2 weeks ago
I see Bill Hinz has stepped down from quantum. I reckon he is running for the hills before the excrement hits the impeller.
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MJ16 MJ16 2 weeks ago
Yes, ARC Energy has the contract to build the 500k units and Quantum has an agreement with ARC that pays them for $1000 per deployed system plus 20% electricity royalties.

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

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

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

Initial Direct Energy Systems will be supplied by the Company in the United States.
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splintered sunlight splintered sunlight 2 weeks ago
I'm a buyer under a penny.....
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MagnetLover MagnetLover 2 weeks ago
Indeed, the language is incredibly vague on PNOC's side.

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

I don't have explanations, I just note the discrepancies in the narrative.
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Curious Bystander Curious Bystander 2 weeks ago
Actually, I have a theory. The press release states “Mr. Oliver Butalid, CEO of the Philippine National Oil Company, stated, ‘PNOC’s strategy involves collaborating with technology partners worldwide to offer the government sector solutions for lowering electricity expenses. We look forward to discussions with ARC Energy which can introduce the Direct Energy System technology in the Philippines to support this objective.’”

They look forward to discussions? Maybe the contract is simply for Romel to build 500,000 units, and they have yet to discuss in-depth details like Quantum’s system. This is a real possibility as Romel has already proven he has abilities in the area of development.

https://www.morningstar.com/news/business-wire/20240506804810/quantum-energy-corporation-dba-flooidcx-corp-otc-flcx-executes-licensing-agreement-in-the-philippines
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Dorick Dorick 2 weeks ago
Mr. Bystander: The SEC are the ones who have the subpoena power that is needed for a proper investigation. I'm really not an investigator, I just work with readily publicly available information. I've already spent more time on Danzik's ludicrous scam that I ever should have, but I want to finish what I started. After I file the Complaints, I'm done. I'm glad to hear you've done some lawsuit homework. I think my actual prediction was that there would never be any installations, so you might be waiting a long time.
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Curious Bystander Curious Bystander 2 weeks ago
I should have been more clear — I know you KNOW. But you don’t know what is happening in Scottsdale. And if you are serious about filing a claim and truly being the undoing of their “charade,” details from Quantum’s Scottsdale pitch would be evidence the SEC would love to have.

Regarding a lawsuit — I’ve already done my homework and know exactly who I’ll call if installations crash and burn as you predict they will.
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Curious Bystander Curious Bystander 2 weeks ago
Excellent point. But how do you explain PNOC??? They are an indirect distributor of sorts. And providing energy solutions is their area of expertise. Surely they would be unwilling to contract with an entity pitching some fancy pants energy solution without doing their due diligence. They are involved in rooftop photovoltaics and could have easily given Romel a pass and stuck with a conventional energy solution.

The only logical explanations are
1. that Quantum provides made-up test results 2. PNOC took Romel’s word for it over a cup of coffee 3. Romel has no contract with PNOC.

1. I just can’t see this being true. Quantum would know the uncovering of their lies is just around the corner
2. Yeah right. Just as you, Dorick, and anyone with any experience in the field of energy KNOWS that field is riddled with non-working (and some blatantly fraudulent) energy devices, PNOC would be suspect of Romel’s pitch and would not buy into it without doing some digging.
3. Highly unlikely. The internet works in the Phillipines just as well as it does here. Bogus press releases involving PNOC would have made it to them by now and we would be seeing some type of retraction if it weren’t true.

And so I say again, this is just BIZARRE.

What’s your theory on how PNOC could get pulled into this?
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Dorick Dorick 2 weeks ago
Mr. Bystander: I KNOW FOR CERTAIN that the "Earth Engine" and "Photon Engine" claims, such as the ones that Dustin Hamby made in Las Vegas a year ago, and the ones that Inductance Energy removed from public view last summer, are indeed a web of lies. I have absolutely no need to go to Scottsdale to confirm this absolutely certain fact. It gets a bit tiresome to repeat this over and over. I don't claim to know what's in the mind of distributors. I only claim to know, without any doubt whatsoever, that the claims are false. Yes, it's bizarre that people like Elizabeth Holmes, Trevor Milton, and Dennis M. Danzik (and many others we could name) would conduct themselves in a way that could easily be predicted to land them in prison for years, even though they seem like reasonably intelligent people. Human beings are bizarre creatures. You said you read a lot. Maybe you should read up on how to go about conducting a class-action lawsuit, how to find a lawyer, etc. That's what I'd be doing, if I were in your position.
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MagnetLover MagnetLover 3 weeks ago
Hi Bystander,

I get your points and would agree if we had proof that the distributors were established reliable entities with experience in the field, and established due diligence processes in place. As I stated in my past messages, I am not convinced (yet) this is the case.

Imagine you have invented a revolutionary new tech, like OpenAi. Why would you partner with newly created entities with no backing, when you can do Microsoft, Apple or self-distribute?

Why work with distributors if they don’t have an established network close to your target clients?

I am sure any of the names below would be more than happy to promote the product or joint venture if it was as good as promised by Quantum.

Grainger, Graybar, Rexel, Sonepar, WESCO International, Generac Power Systems, Cummins Power Systems, Kohler Power Systems, United States Electrical Services, Inc. (USESI), Consolidated Electrical Distributors (CED), City Electric Supply (CES), R. S. Components (RS), Tech Data.

Instead, we have https://aesir.energy/ created last year, which struggles putting a website together.
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Curious Bystander Curious Bystander 3 weeks ago
Before you file your claim, you really need to go to Scottsdale and see what they’re saying, review test results, etc. I totally get (and share) some of the concerns you have expressed. But my mind just keeps circling back to “are these distributors really just taking Dennis’s word for it???”
You word things as though they are. And I just don’t see it. You keep comparing Quantum to Theranos. It’s not the same. I know of no one who invested in Theranos with the intent of retailing JUST Theranos’s product. Quantum’s distributors are literally forming entities with the sole purpose of retailing Quantum products. From a business standpoint, that’s way different than a person or existing entity pitching money at the next big thing. Many of these distributors are very intelligent/successful businessmen. I just can’t buy that they would dump millions into that type of distributorship contract without doing their due diligence. A monkey could do a quick Google search and find a history of magnet motor fraud, Danzik’s legal run-in’s….even your claims of Quantum’s “securities fraud” rank high when searching for info on Quantum.

In short, on the one hand I believe Quantum’s claims run contrary to known science, but on the other hand I don’t think the distributors are as gullible as you suggest. Nor do I believe Quantum would allow things to get to this point if it’s all based on a web of lies.

I’ve said it before—the whole thing is just so bizarre…
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Dorick Dorick 3 weeks ago
Mr. PC: After I started accusing Quantum of SECURITIES FRAUD last year, they got more careful about what they said about the "Photon Engine" in public. But I believe they must be continuing to repeat their same old claims in more private presentations to investors and distributors. Otherwise it's hard to see how FlooidCX could have gotten the deal with ARC Energy, etc. Randell Mills' "hydrino" charade is still alive after more than 30 years. But maybe the SEC will finally investigate Quantum, after I file my Complaints on the Fourth of July.
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PC retired PC retired 3 weeks ago
I had a brief look at the most recent batch of nonscience videos from mr D, those ~8-10 months ago. I note he is a lot more vague about what his whirlygig can do. He insists it is not a source of energy(correct) but hints at usefulness through voltage increase, "conditioning" and energy storage. If it cannot produce new energy what the hell use is it? I remain absolutely baffled that this charade is still alive after five years.
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PC retired PC retired 3 weeks ago
This silly photon nonsense is just as bad as the original "earth engine". If one was to cover a room entirely with photovoltaics the best return possible would be ~4%. Ludicrous.
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Dorick Dorick 3 weeks ago
Thanks, PC!
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PC retired PC retired 3 weeks ago
Excellent job, Dorick, keep up the good work.
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Dorick Dorick 3 weeks ago
Let's see how Bing Copilot deals with Quantum Energy's false claims (regarding their so-called "Photon Engine):
QUESTION: A certain company has developed an unconventional type of electric motor. The company has claimed in the past that by using this motor to spin a generator or alternator to provide electricity to run appliances, customers will be able to reduce their electric bills and save money. Explain why this claim cannot be true.
BING COPILOT: The claim that using an unconventional electric motor to spin a generator or alternator to provide electricity for appliances will reduce electric bills and save money is fundamentally flawed due to the principles of energy conservation and efficiency.
Energy Conservation and Efficiency: The law of conservation of energy states that energy cannot be created or destroyed, only converted from one form to another. In the context of electric motors and generators, this means that the electrical energy output cannot exceed the mechanical energy input. Electric motors convert electrical energy into mechanical energy, while generators do the opposite. However, no conversion process is 100% efficient due to inevitable energy losses, primarily as heat.
Efficiency of Electric Motors: Even the most advanced electric motors, which are highly efficient, have an efficiency range between 80% and 90%. This means that there is always a loss of energy in the form of heat, sound, and other forms of energy dissipation. Therefore, the energy output from a generator spun by an electric motor will always be less than the electrical energy input required to run the motor.
Practical Considerations: In practice, if a company claims that their motor can generate more energy than it consumes, they are suggesting a perpetual motion machine, which is impossible according to the laws of thermodynamics. The claim disregards the fact that some energy is always lost due to resistance in electrical components, friction, air resistance, and other inefficiencies.

QUESTION: Which "law of thermodynamics" are you referring to?
BING COPILOT: I was referring to the First Law of Thermodynamics when discussing the claim about the unconventional electric motor. This law, also known as the Law of Energy Conservation, states that energy cannot be created or destroyed in an isolated system. It implies that the total amount of energy in a closed system remains constant, though it can change forms, such as from mechanical to electrical energy or vice versa.
The Second Law of Thermodynamics is also relevant to the claim. It states that the entropy of any isolated system always increases over time. This law implies that energy transformations are not 100% efficient because some energy is always lost as heat or other forms of unusable energy, which is why a perpetual motion machine is impossible.
These laws are fundamental in physics and apply universally to all energy conversion processes, including those involving electric motors and generators. Therefore, any claim that suggests a device can produce more energy than it consumes would violate these laws.

QUESTION: The company claimed that their system does not violate the Coservation of Energy, because the "extra" energy will come from permanent magnets within the motor, which (according to the company's claims) will be depleted after 3 years of operation. Explain why this claim, also, cannot be true.
BING COPILOT: The claim that “extra” energy can be obtained from permanent magnets within an electric motor, and that these magnets will be depleted after 3 years, is not consistent with the principles of physics as we understand them.
Permanent Magnets and Energy: Permanent magnets do not provide a continuous source of usable energy. Instead, they create a magnetic field due to the alignment of magnetic domains within the material. The energy used to magnetize these domains is finite and already accounted for during the manufacturing process. Once a permanent magnet is magnetized, it does not provide additional energy that can be harvested; it simply exerts a magnetic force.
Magnetic Field and Work: A magnetic field, by itself, does not perform work. In the context of an electric motor, the magnetic field interacts with electric currents to produce force (and thus, work), but this requires an external energy source, such as a battery or the electrical grid. The magnetic field from the permanent magnets can help improve the efficiency of the motor by reducing the energy needed to create the magnetic field, but it cannot create energy.
Energy Conservation: The claim also seems to suggest that the magnets would “run out” of energy after a certain period. This is a misunderstanding of how magnets work. While it’s true that permanent magnets can lose their magnetization over time due to factors like heat, physical damage, or stray electromagnetic fields, this does not equate to a depletion of energy that could be used to do work. The loss of magnetization is a change in the material’s internal structure, not a release of usable energy.
Conclusion: Therefore, any system that claims to produce more energy than it consumes by using permanent magnets is not feasible according to current scientific understanding. Such a system would imply a perpetual motion machine of the first kind, which violates the First Law of Thermodynamics, the law of conservation of energy. Customers should be wary of claims that contradict these fundamental principles.

QUESTION: Instead of reversing the flow of electricity, as in a conventional motor, the unconventional electric motor works by using an electric actuator to reposition or rotate the stator magnet, which is a permanent magnet and not an electromagnet. The rotor magnets are also permanent magnets and not electromagnets. Does this change your conclusions?
BING COPILOT: The unconventional electric motor you described, which uses an electric actuator to reposition or rotate a permanent magnet stator, and has permanent magnets in the rotor, still operates within the bounds of established physical principles. Here’s how this design aligns with the laws of thermodynamics:
Energy Input and Output: Even with the use of permanent magnets and an electric actuator to reposition the stator magnet, the system requires an external energy source to operate the actuator. The energy used by the actuator to move the stator magnet must come from somewhere, typically the electrical grid or a battery.
Conservation of Energy: The energy provided to the actuator for repositioning the stator magnet will be converted into mechanical energy. This mechanical energy is then used to generate electricity through the interaction of the stator and rotor magnets. However, due to energy losses (such as friction, air resistance, and inefficiencies in the actuator itself), the energy output from the generator will always be less than the energy input to the motor.
Permanent Magnets and Efficiency: While permanent magnets do not require an electrical current to maintain their magnetic field, they do not provide a source of energy themselves. They can improve the efficiency of the motor by reducing the need for an electromagnet, which would require continuous electrical power, but they cannot create energy. The efficiency of any motor or generator is always less than 100% due to inherent losses.
Conclusion: The design you’ve described may offer certain advantages, such as potentially reduced energy consumption for the actuation process compared to maintaining an electromagnet. However, it does not change the fundamental conclusion that the system cannot produce more energy than it consumes. Any claim that suggests a net energy gain from such a system would still be in violation of the First Law of Thermodynamics.
It’s important to critically evaluate the claims of any company against the backdrop of established scientific principles. Innovations in motor design can lead to improvements in efficiency, but they cannot circumvent the laws of physics.

QUESTION: You suggested that the unconventional electric motor might be more efficient than a conventional electric motor! But I am sure that is not correct, because the motion of the moving stator during repositioning would actually waste energy in the form of kinetic energy which would not be recovered by the generator. A convention electric motor does not waste energy in this way. Therefore I think you made a mistake by suggesting that the unconventional motor could be more efficient.
BING COPILOT: You are correct, and I appreciate your attention to detail. The unconventional motor design you described, which involves repositioning the stator using an actuator, would indeed introduce additional energy losses that are not present in a conventional motor. The kinetic energy used to move the stator would not be fully recoverable by the generator, as some of it would be dissipated as heat and other forms of energy loss due to friction and resistance.

QUESTION: But I was referring to the wasted kinetic energy due to the motion of the stator itself. I realize this may be confusing, because the stator of a conventional electric motor does not move. But in this unconventional motor the stator is repositioned, as an alternative to reversing the flow of current. None of this movement is used to spin the generator, so it represents wasted kinetic energy.
BING COPILOT: You are absolutely right. In the unconventional motor design you’ve described, where the stator is physically repositioned instead of reversing the current flow, the kinetic energy used to move the stator indeed represents an additional form of energy loss. This is because the energy expended to reposition the stator does not contribute to the generation of electrical energy; it is essentially an overhead cost to the operation of the motor.
In a conventional motor, the stator is stationary and the magnetic field it produces is altered by changing the current flow through its windings. This process does not involve moving the stator itself, thus avoiding the kinetic energy losses associated with such movement.
The unconventional motor’s design, which includes moving the stator, would likely result in lower overall efficiency due to these extra energy expenditures that do not occur in traditional electric motors. The movement of the stator, while it may serve a purpose in the operation of this motor, does not directly contribute to the production of electrical energy and thus could be considered a wasteful step in terms of energy conversion efficiency.
Thank you for clarifying your point, and I apologize for any confusion caused by my previous messages. The efficiency of any motor is a critical aspect, and it’s important to consider all forms of energy input and output, including any that may be wasted, when evaluating a motor’s performance.
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MagnetLover MagnetLover 1 month ago
I guess so. I am very curious to see the Q1 reports from QREE and FLCX as some of the payments from the distribution agreements should appear.
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MJ16 MJ16 2 months ago
They put out their annual report through Dec 2023. Cash is at $1.23 Million with $327K of equipment. Zero revenue while recording a loss on CoGS of $259k - Does this mean writing down inventory on rare earths?

https://www.otcmarkets.com/otcapi/company/financial-report/398365/content
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MagnetLover MagnetLover 2 months ago
Well, doesn't make sense for sure.

Beside, if they had an install base of 7.5 to 25 kW earth engines, why would they spend their time making weird videos of the 35th iteration of their plastic prototype ? By the way, 25 kW is 2500 light fixtures of 10W LED. Good luck achieving this power output with recuperating the energy of light fixtures, even 100% of it with 100% efficiency.

A couple of videos of their real product in situ with reputable clients interviews and all the argument would be laid to rest. And the clients would be more than happy to show themselves as the avant garde of clean energy
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MJ16 MJ16 2 months ago
They've put out press releases about signing them and mentioned things like a backlog of installations, without actually saying if a single installation has happened.

Same story with the catalog of 400+ Quantum offerings, not publicly available anywhere - Why wouldn't they publish their sales catalog?
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MagnetLover MagnetLover 2 months ago
I have yet to see a single established distributor. You would think they should have nailed a couple by now, after their shiny National Dealers Association convention. Why wouldn't they sign to promote this earth shattering, disruptive zero grid tech ?
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Dorick Dorick 2 months ago
Quantum Energy's distributors are faced with the very same challenge that faces poor Inductance Energy and poor Quantum Energy itself: "How can we keep making blatantly false and fraudulent claims, without being sued or prosecuted?" Conducting a massive scam is not all beer and skittles - and the Wayback Machine only makes it harder! Inductance Energy took down all their content last summer - but we can still find every word of it on Wayback Memory Lane: https://web.archive.org/web/20230402053158/https://ie.energy/earth_engine/
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Dorick Dorick 2 months ago
Mr. M16: Yep, Aesir Energy took down their laughable content - but it can still be found on the "wayback machine" at https://web.archive.org/web/20240409072547/https://aesir.energy/
Let's not forget their ridiculous claims:
"Installation of Quantum’s Energy System in a store promises substantial energy cost savings, estimated at 30% minimum annually... Quantum Energy is an energy technology company with proprietary magnetic driven generator technology that is now ready for market. With over $300 million dollars in fully signed contracts to fulfill for large big box retail chains, agriculture, and industrial locations."
"Installation of Quantum’s Energy System is a store promise substantial energy cost savings, estimated at 30% minimum annually. Research suggests that large grocery stores or warehouses find that they average $30,000 a month in electric costs. A minimum savings calculate out to a saving of $30,600 per store per month leading to $108,000 in savings per year. With an average contract of 20 years each store would save approximately
$2,160,000 over the lifetime of the contract."
- So the Aesir nitwits said the stores now spend $30,000 per month for electricity (without the Quantum system), but will somehow SAVE $30,600 per month after installing the Quantum system! - LOL
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MJ16 MJ16 2 months ago
QREE has not released their quarterly report covering through Dec 2023 and is now 'Pink Limited Information' on OTC markets. They put out notice of late filing on Mar 29, but the report hasn't been published.

I was hoping to see the impact of the distributors conference and license fees - They were getting low on cash and have bond payments to make.

Also, Aesir Energy has taken down the front page content and only has a placeholder. https://aesir.energy/
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MagnetLover MagnetLover 2 months ago
Adding to the list of strangely unknown distributors.

Viridis Energy Partners, Inc. that was announced in :
https://www.businesswire.com/news/home/20240312343551/en/

This company can't be found in the corporate directory.
https://corporation.directory/quicksearch/company

When one searches for Viridis Energy, a website for Viridis Energy does comes up but... you have guessed it, it is for a different company: Viridis Energy Solutions
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MagnetLover MagnetLover 2 months ago
My guess would be that Dennis Danzik brought his IP to FlooidCX when he seized control of the company. But I haven't found them This shouldn't be an issue since patents are public data. so far. Would love to see them and be able to take a look at the patents because the videos the company has released are at best incomplete and confusing.

If I see another Marie V or Betty XI spinning away without additional info, I am going to self combust.

This shouldn't be an issue since patents become accessible when published (usually 18 months after filling). Given how long the company has been working on the tech, I would expect to see a substantial number of patents already published.

If someone has been discussing with the company and can point me to those, I would be most grateful.
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MJ16 MJ16 2 months ago
They also claimed in Feb 2023 that FLCX has 136 patents some of which are filed:

As part of the transaction, the following intellectual property will be contributed to the combined entity:

FLCX:

136 filed and to be filed utility and design patents involving photonic collection systems;
$14 million in non-amortized intellectual property from FLCX processes related to treating and separating rare earth materials.

https://www.otcmarkets.com/stock/QREE/news/Quantum-Energy-Moves-to-Revenue-Producing-Position-with-FlooidCX-Corporation-Merger?id=390624

How did an inactive customer experience company have IP on photonic technology and rare earth processing that happens to align with Inductance/Quantum's needs?
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MagnetLover MagnetLover 2 months ago
I looked into the patents some time ago and couldn't find much. I would love to see someone that has the right experience in the field to take a look.

I used Google Patents to do my research and could find the information below:

https://patents.google.com/patent/WO1998017457A1/en?inventor=dennis+danzik

Dennis Danzik had 9 patents as inventor. They are mostly in the polymer/chemicals space and are all expired except for one
https://patents.google.com/patent/WO1998017457A1/en?inventor=dennis+danzik

I couldn't find any patent with either wyotech, inductance energy, quantum energy included in the inventor's name field.

But again, I am no patent expert...
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MJ16 MJ16 2 months ago
Is there any update on patents? In January they said:

Chief Operating Officer Craig Kitchen stated: “This product effort is the result of nearly four years of challenging laboratory work, and having all of the technology licenses under one roof is a great result for the Company and its shareholders. The Company’s new solar line will be deployed in late February as soon as the final few patents are filed, and we have safety certifications in place.

https://www.otcmarkets.com/stock/QREE/news/FlooidCX-Corporation-OTC-FLCX-Announces-License-Agreements-and-New-Solar-Products?id=428398

Have patents been filed?
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MagnetLover MagnetLover 2 months ago
Just noticed they are able to commit to substantial savings: $30,600 off of each $30,000 energy bill. Revolutionary. Truly.

https://aesir.energy/

Installation of Quantum’s Energy System is a store promise substantial energy cost savings, estimated at 30% minimum annually. Research suggests that large grocery stores or warehouses find that they average $30,000 a month in electric costs. A minimum savings calculate out to a saving of $30,600 per store per month leading to $108,000 in savings per year. With an average contract of 20 years each store would save approximately
$2,160,000 over the lifetime of the contract.
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MagnetLover MagnetLover 2 months ago
Create an illusion of movement and action ?
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MagnetLover MagnetLover 2 months ago
That is what I was thinking.
Aesir Energy LLC resembles Aesir Energy Advisors, LLC and Aesir Technologies, Inc, both active in the energy space
BD Energy Solutions, LLC sounds like BD Energy Systems, an existing company operating in the energy space
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MJ16 MJ16 2 months ago
Yeah, its unclear what the point of FLCX is at all when the company has no assets or operations.
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