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Quantum Energy Inc (PK)

Quantum Energy Inc (PK) (QREE)

0.38
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(-2.56%)
Closed March 02 04:00PM

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MJ16 MJ16 2 weeks ago
The Suprock lawsuit continues to grind along. They had a 3rd settlement conference on Mon with attorney David Timchak, QE CFO & Suprock parties, but no agreement yet.

MINUTES OF PROCEEDINGS - Settlement Conference held on 2/12/2024 before Magistrate Judge Brenda Weksler. For Plaintiff - Counsel: Samuel Butt and Jonathan Blum and Plaintiffs Mr. and Mrs. Suprock ; For Defendant - Counsel: David Timchak and Quantum CFO William Westbrook ; Time of Hearing: 4:00-20 p.m. ; Courtroom: 3B; The Court heard presentations from counsel and the parties and met with each side in caucuses. A settlement was not reached. Settlement Conference is continued until 2/26/2024 at 11:00 AM in LV Courtroom 3B by videoconference before Magistrate Judge Brenda Weksler. The parties will be sent a zoom link for the continued conference. Joint pre-trial order will be due March 1, 2024.


David might have some insight

https://www.fennemorelaw.com/people/attorneys/david-andrew-timchak/
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Dorick Dorick 2 weeks ago
SECURITIES FRAUD By Inductance Energy Corp
“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 now, three years later, Quantum has switched to peddling the solar panels that the “Earth Engine” didn’t need. What a bunch of charlatans!

Links:

https://web.archive.org/web/20201124150956/https://ie.energy/earth_engine/

https://sheridanmedia.com/news/35669/byron-wyoming-approves-5-million-bond-for-pioneering-energy-company/
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MJ16 MJ16 3 weeks ago
Why did they switch to a new AI text presenter instead of themselves?
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LoneGrey LoneGrey 4 weeks ago
Look, I know what I know and it's factual information absolutely verified.
I put it out here so would be investors are at least warned of the real risks here and can make an informed decision upon their risk tolerance.
They need to know that Dennis Danzik is a criminal and Westbrook and Dean are thieves.
I don't need to provide any more information and I'm not going to.
You've been informed and you now will make your own investment decision.
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Dorick Dorick 4 weeks ago
Mr. 1776Rebel: Here is the evidence that "Danzik is a crook," according to a ruling by Justice Kornreich:

After Danzik’s company, RDX, happened to come into possession of six million dollars in tax credit funds that actually belonged to another company, Danzik decided to keep the money for himself. (In the Justice’s words, “Danzik stole all of the money.”)

Danzik violated and failed to comply with two different orders by Justice Kornreich: an Attachment Order which required him to put the tax credit funds in a separate account to be controlled by the court, and a Temporary Restraining Order which prohibited RDX from transferring or spending its assets, except for the payment of salaries, etc.

Instead, Danzik set up a shell company (M2R) to obscure and conceal his financial dealings. As the Justice wrote, “M2R is a sham company that exists solely for the purpose of evading this court’s orders and defrauding RDX’s creditors.”

Danzik pressured the witness David Bogardus, a former RDX employee, to sign a false affidavit, which falsely asserted that Danzik had nothing to do with M2R.

Danzik also coerced his employee Ms. Blazar into submitting false affidavits.

In the middle of the May 2016 contempt hearing resulting from his violation of Justice Kornreich’s orders, Danzik caused a stay of the proceedings by fraudulently filing for bankruptcy, almost certainly committing perjury in the process. As the Justice wrote: “It appears that the RDX Parties filed for bankruptcy to avoid the contempt hearing and sought to have this action adjudicated by another court. The bankruptcy court judges did not countenance this ploy.”

Danzik has engaged in the dishonest practices of “backdating invoices; taking money from the company under the pretense of fake business expenses; and lying about not receiving compensation from the company when, in fact, his salary was being withheld and used to set off his debt to the company…”

Justice Kornreich says Dennis Danzik must pay or go to jail: https://www.schlamstone.com/blogs/commercial/2016-06-13-commercial-division-remands-party-to-jail-for-civil-contempt

Justice Kornreich’s full decision: https://static.schlamstone.com/docs/2016_31028.pdf
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1776Rebel 1776Rebel 4 weeks ago
Judge: What is your claim against Dennis Danzik?

LoneGrey: Your Honor, Mr. Danzik is a con artist and a thief. I know this for a fact.

Judge: Okay, state your evidence.

LoneGrey: My word is my only evidence. Knowing that I know is proof enough that Mr. Danzik is evil.

Judge: That's it?

LoneGrey: In its entirety, your Honor.

Judge: Then I am going to hold you in contempt for wasting the Court's time. In the meantime; Get a life.
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LoneGrey LoneGrey 4 weeks ago
I know for a fact that Dennis Danzik is a criminal and Westbrook and Dean are thieves.
So maybe your answer is that the whole thing is a SCAM??? Only time will tell now!
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1776Rebel 1776Rebel 4 weeks ago
The whole Quantum Energy thing is bizarre, Curious. I mean, they claim that they have the energy technology that will revolutionize the world of energy production and distribution, and yet they can't get their stock to move upward in relation to their claim. They have two stock tickers, QREE and FLCX, and for the life of me I don't know how they get away with it. Even more, the stock ticker they have listed on their website for six months, now, is FLCX, and yet they haven't, as yet, finalized the merger with FLCX.

In short, I fell in love with their claims, but I hate their public relations endeavors.
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Dorick Dorick 4 weeks ago
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 statements so blatantly false and misleading that I believe they 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.” [1]

– 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 though 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 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, in my opinion.

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.” [2]

– 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 Corp, in my opinion.

Links:

[1] Here you can watch Quantum’s whole fraudulent presentation:

[2] https://web.archive.org/web/20230402053158/https://ie.energy/earth_engine/
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Curious Bystander Curious Bystander 4 weeks ago
I love your passive aggressiveness haha. In the same post you defend Danzik’s questionable history while at the same time pointing out a verifiable (and not so glamorous) fact—that he and/or the company repeatedly promise things that never come to fruition.

Is it a case of “squirrel!”? Is it blatant lieing? Beats me. And we’ll never know because it’s never addressed. They just pull the sheet over their eyes and move on as though no one is actually listening. It’s bizarre.
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1776Rebel 1776Rebel 4 weeks ago
Translation: You have absolutely nothing--not a shred of evidence.
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derkampfer derkampfer 4 weeks ago
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LoneGrey LoneGrey 4 weeks ago
Some public information that is available I'm sure you can find on the internet. Check out Danzik and New York State. I'm pretty sure an arrest warrant is still pending on Danzik should he ever step foot in New York again.
There's other information I know of too. Dig around I'm sure you can find your own stuff.
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Dorick Dorick 4 weeks ago
Mr. 1776Rebel: Here is the evidence that "Danzik is a crook," according to a ruling by Justice Kornreich:

After Danzik’s company, RDX, happened to come into possession of six million dollars in tax credit funds that actually belonged to another company, Danzik decided to keep the money for himself. (In the Justice’s words, “Danzik stole all of the money.”)

Danzik violated and failed to comply with two different orders by Justice Kornreich: an Attachment Order which required him to put the tax credit funds in a separate account to be controlled by the court, and a Temporary Restraining Order which prohibited RDX from transferring or spending its assets, except for the payment of salaries, etc.

Instead, Danzik set up a shell company (M2R) to obscure and conceal his financial dealings. As the Justice wrote, “M2R is a sham company that exists solely for the purpose of evading this court’s orders and defrauding RDX’s creditors.”

Danzik pressured the witness David Bogardus, a former RDX employee, to sign a false affidavit, which falsely asserted that Danzik had nothing to do with M2R.

Danzik also coerced his employee Ms. Blazar into submitting false affidavits.

In the middle of the May 2016 contempt hearing resulting from his violation of Justice Kornreich’s orders, Danzik caused a stay of the proceedings by fraudulently filing for bankruptcy, almost certainly committing perjury in the process. As the Justice wrote: “It appears that the RDX Parties filed for bankruptcy to avoid the contempt hearing and sought to have this action adjudicated by another court. The bankruptcy court judges did not countenance this ploy.”

Danzik has engaged in the dishonest practices of “backdating invoices; taking money from the company under the pretense of fake business expenses; and lying about not receiving compensation from the company when, in fact, his salary was being withheld and used to set off his debt to the company…”

Justice Kornreich says Dennis Danzik must pay or go to jail: https://www.schlamstone.com/blogs/commercial/2016-06-13-commercial-division-remands-party-to-jail-for-civil-contempt

Justice Kornreich’s full decision: https://static.schlamstone.com/docs/2016_31028.pdf
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1776Rebel 1776Rebel 4 weeks ago
How on earth do you factually know that Danzik and his crew are "all crooks"? Where is your evidence? Well, the fact is, you have failed to provide any evidence because you have none. As such, you resort to childish name calling--that's all you have. Thus, this is your ONLY argument: "Trust me when I declare that Danzik is a crook because . . . well, because I said so, and if you fail to believe me, well . . . 'good luck, cause I believe you are going to need it.'" What utter nonsense.

Let me give you an example of supporting a declaration with facts. I declare that Danzik is a liar. My evidence? He declared that he would provide investors with 16 videos that would serve to highlight Quantum Energy's operational technology, but he stopped at eight videos without offering a reason. So he lied. Danzik also stated that he would produce a longer video that would highlight the company's inaugural National Distributors Meeting presented at the Rock & Roll Hall of Fame. Well, he didn't. He lied again. Then, too, on October 27th, in regards to its advance photo lighting technology, Quantum management announced that within a few weeks it would release a "full Photon Lighting video presentation." Well, we are now into February and still they haven't released the video. So they lied.

Do you now see how this works LoneGrey? Evidence is key in support of a declaration. Without it, you are just pissing in the wind.
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Dorick Dorick 4 weeks ago
SECURITIES FRAUD By Inductance Energy Corporation
Let's just remember 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, at all. The "Earth Engine" / "Photon Engine" is simply a type of electric motor, powered only by electricity and not at all 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 Corp, in my humble opinion. But Quantum Energy Corp has moved on from scamming investors, to scamming the gullible Distributors from whom they demand "non-refundable deposits."
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LoneGrey LoneGrey 4 weeks ago
Think what you want.
Danzik, Westbrook, Bean are all crooks. I know that as a fact.
It's your money you've been warned and obviously you've decided to take the risk of doing business with them. Well... all I can say is good luck cause I believe you are going to need it.
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Dorick Dorick 4 weeks ago
Just for fun, let’s try to concisely recapitulate the many instances of dishonest, deceitful and fraudulent conduct by Dennis Danzik identified by Justice Kornreich:

After Danzik’s company, RDX, happened to come into possession of six million dollars in tax credit funds that actually belonged to another company, Danzik decided to keep the money for himself. (In the Justice’s words, “Danzik stole all of the money.”)

Danzik violated and failed to comply with two different orders by Justice Kornreich: an Attachment Order which required him to put the tax credit funds in a separate account to be controlled by the court, and a Temporary Restraining Order which prohibited RDX from transferring or spending its assets, except for the payment of salaries, etc.

Instead, Danzik set up a shell company (M2R) to obscure and conceal his financial dealings. As the Justice wrote, “M2R is a sham company that exists solely for the purpose of evading this court’s orders and defrauding RDX’s creditors.”

Danzik pressured the witness David Bogardus, a former RDX employee, to sign a false affidavit, which falsely asserted that Danzik had nothing to do with M2R.

Danzik also coerced his employee Ms. Blazar into submitting false affidavits.

In the middle of the May 2016 contempt hearing resulting from his violation of Justice Kornreich’s orders, Danzik caused a stay of the proceedings by fraudulently filing for bankruptcy, almost certainly committing perjury in the process. As the Justice wrote: “It appears that the RDX Parties filed for bankruptcy to avoid the contempt hearing and sought to have this action adjudicated by another court. The bankruptcy court judges did not countenance this ploy.”

Danzik has engaged in the dishonest practices of “backdating invoices; taking money from the company under the pretense of fake business expenses; and lying about not receiving compensation from the company when, in fact, his salary was being withheld and used to set off his debt to the company…”

Justice Kornreich says Dennis Danzik must pay or go to jail: https://www.schlamstone.com/blogs/commercial/2016-06-13-commercial-division-remands-party-to-jail-for-civil-contempt

Justice Kornreich’s full decision: https://static.schlamstone.com/docs/2016_31028.pdf
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1776Rebel 1776Rebel 4 weeks ago
My goodness, you have called the officers of Quantum Energy "crooks" and "thieves" and "conmen" and "criminals", but oddly, like all gossipers, you don't provide any evidence in support of your accusations. Name calling doesn't establish a fact-based argument--it only goes to prove that you are a Dorick groupie who hasn't the wherewithal to think for himself, nor are you in the possession of any evidence to prove that your slurs are based on facts.. So what's it like to be someone's faithful parrot?

Once again, if you and your protégé have the undisputed evidence that proves the workings of Quantum Energy is nothing but a total scam, then team up to publish your findings--save a lot of future investors and distributors from a mountain of grief. Wouldn't that be the honorable thing to do?
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LoneGrey LoneGrey 1 month ago
Like I said Rebel do what you like with this investment. I'm not telling anyone to buy or sell or not to buy or sell. I'm just warning them about the criminals in the company that any investor will be putting their faith in if they do invest here. And it's only fair to warn them. Think of it as a service. Now if these crooks actually pull something off here by making this a successful company. Congratulations to you and all who took the risk.
I just don't think the odds are with any of you that that will happen.
Dennis is a thief and I believe that is his only intent here with Quantum is to continue to steal from people.
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Dorick Dorick 1 month ago
Mr. 1776Rebel: I apologize for the slow pace of my efforts to encourage the world to deal appropriately Quantum Energy's securities fraud. I have never claimed to have any "evidence" that is not just as readily available to everyone else as it is to me. I have never claimed to have a "story" at all - I merely have sufficient knowledge of physics and electromagnetism to see the falsity of Quantum's claims. As I have said before, I expect to re-open a website dedicated to debunking Quantum Energy in the near future. The website will include the text of a complaint to be sent to the Securities Exchange Commission, asking the SEC to deal appropriately with Quantum Energy's fraudulent conduct. This will make it quite easy for others as well as myself to file a complaint to the SEC. Perhaps if the SEC receives the complaint from many people, instead of just one, they will finally take action. I am not a fast writer, so progress is slow, but don't worry - it's coming along.
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1776Rebel 1776Rebel 1 month ago
I did put the question to Dorick. He more or less said it wasn't his place to go to the press. Imagine, having a huge story in his pocket that, according to your ilk, would serve to warn the world about the evil Quantum Energy empire. He's got the empirical evidence--right? He's got all his factual notes and writings--right? It would be so easy to provide his findings to a stock journalist, but he doesn't do so. Why? No reason, no reason at all except one--he knows his evidence wouldn't stand against a professional review. Which makes him a coward.

And just remember, LoneGrey, there were the likes of you would wrote critically against Amazon, Apple and Tesla when they were in their youth, and look at what that got them. Nothing more than their 15 minutes in the sun.
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LoneGrey LoneGrey 1 month ago
Guess you will have to ask Dorick that question. But whether one puts out the warnings here or in the press or calls the SEC? All those actions are at least a step in the right direction. None of them are wrong but rather the right thing to do.
It's your money and you've been warned so do what you want it's your choice.
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1776Rebel 1776Rebel 1 month ago
If what Dorick posts is, according to you, the "truth", and thus he needs to present it "to warn potential investors", then why just publish his facts and evidence on a minor stock comment board that has roughly 39 people who tune in? If he truly wanted to be of service to steer clear all investors and distributors from this "con" game, then why doesn't he take his critical finding to the press? His story would be akin to the Enron or Theranos revelations of corruption and lies. His revelations would serve not only to warn the meager number of individuals who occasionally look to see what has been posted on this board, but he would be able to reach potential investors and distributors throughout the world--right? So where is his sense of civic pride and duty? Why doesn't he go to the press?

Well, Dorick doesn't take his "truth" to the press because his evidence, he knows, wouldn't hold up under critical review. He is nothing more than a whinny, callow charlatan, who obviously has a small kingdom of converts to his way of thinking--and this small following is all he need to feel accomplished--which is pathetic.
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Dorick Dorick 1 month ago
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 statements so blatantly false and misleading that I believe they 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 though 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 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, in my humble opinion.
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Dorick Dorick 1 month ago
SECURITIES FRAUD By QUANTUM ENERGY CORPORATION
QEC'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 at all 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, in my humble opinion.
Danzik deceptively refers to the stator of his "Photon Engine" motor as an "attenuator" in order to conceal the true power source of the motor, which is electricity and not "magnetic propulsion."
A conventional electric motor replenishes the configuration energy of the motor during each cycle by reversing the flow of electricity. Danzik's motor replenishes the configuration energy in a quite different (and less efficient) way: by repositioning 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 configuration energy comes from the consumed electric energy and not from the magnets.
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LoneGrey LoneGrey 1 month ago
I like hearing what he has to say. Because 1). It's the truth and 2). it needs to be said to warn potential investors.

Dennis Danzik is a liar, con man, crook and criminal. And people need to know who they are dealing with here and be warned so they can make an informed decision.
Maybe you don't mind taking a chance with a con man but others may not feel the same way?
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Dorick Dorick 1 month ago
SECURITIES FRAUD By QUANTUM ENERGY CORPORATION?

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 claimed 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.”
Here you can find his comment:
https://investorshub.advfn.com/flooidCX-Corp-FLCX-32009?nextstart=1231
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…”
Here you can find the press release:
https://finance.yahoo.com/news/quantum-energy-corporation-fka-flooidcx-171600007.html
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, in my humble opinion - but I'm no expert in such matters, so it's just an opinion and nothing more.
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G$$ G$$ 1 month ago
That's the thing, It's not just me! No one wants to hear your Jibberish! Your only goal is to Twist words around on what you think you've read. And then there's your personal vendetta against Danzik.
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Dorick Dorick 1 month ago
Mr. VortexNebula: If you don't like reading my informative comments, just click on the "..." on the upper right-hand corner of one of my posts, and then click on "Ignore User." Then you won't see my comments anymore. Simple!
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VortexNebula57 VortexNebula57 1 month ago
Just an investor tired of listening to his mouth!
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Dorick Dorick 1 month ago
What QEC and Danzik now call the "Photon Engine" is nothing other than the same unconventional and inefficient electric motor that they formerly called the "Earth Engine." Here is what Danzik's Inductance Energy Corp said about the "Earth Engine" on their website for years:
"In the summer of 2012, Danzik succeeded in altering the ‘polarity’ of a magnet. He made one pole stronger than the other, inventing an Asymmetrical Magnet array, and the applied science of Magnetic Propulsion was born... 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 need for any "Photon Power" or solar panels at all! Such were the claims with which Danzik raised millions of dollars from bond-buyers and investors.
IEC removed the article containing these blatantly false claims from their website several months ago - but you can still find it on the "Wayback Machine:"
https://web.archive.org/web/20201124150956/https://ie.energy/earth_engine/
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MJ16 MJ16 1 month ago
Are you an insider?
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Dorick Dorick 1 month ago
What was QEC telling the world, as recently as April 2023?
"We don't need any sun, wind, hydro, it's just the pairing of the permanent magnets!"
- That's what QEC's spokesman, Dustin Hamby, said in Las Vegas at the Planet MicroCap Showcase - and that's what Danzik and his companies had said for years. The magnets of the "Earth Engine" would create energy and make the grid and solar panels unnecessary. Danzik told the world for years that the "new science of Magnetic Propulsion" would provide all the energy anyone needed - without any reliance on solar energy or "Photon Power." It was only in 2023 that Danzik renamed the "Earth Engine" as the "Photon Engine," and began to tell the world about "photonics." But he still pretended that the "Photon Engine" would "amplify energy," and therefore could still make the grid and solar panels unnecessary, as indicated by Dustin Hamby - who actually replayed Quantum's old "ZEROGRID" video which claimed the same thing. But after being warned that such claims amounted to securities fraud, Danzik actually admitted (in comments below) that the "Photon Engine" would not "amplify energy," after all. And now, in their latest press release, Danzik brags about his company's SOLAR PANELS - even though QEC itself claimed that solar energy would be made completely unnecessary by QEC's "Photon Engine," as recently as April 2023.
In their latest press release, QEC does not even mention the wonderful "Photon Engine" which was supposed to free us from any reliance on solar energy, according to QEC's own presentation last April. Instead, the press release is all about the solar panels that QEC said we wouldn't need anymore!
QEC stated in a previous press release that their system could "recapture 50% of consumed energy," which it certainly will not.
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Dorick Dorick 1 month ago
In QEC's press release regarding their SOLAR PANEL patents, they say: "Our unique and patent pending technologies combine the very best uses of photonic, magnetic and rare earth processing and manufacturing, turning the future from solar power to the new frontier of Photon Power™."
- Would "big brother" Mr. VortexNebula like to explain the difference between QEC's "Photon Power" and solar power?
- Would "big brother" like to explain how solar cells with 24% energy conversion efficiency could "recapture 50% of consumed energy," as previously claimed by QEC?
- And why does the press release not even mention the so-called "Photon Engine," a.k.a. "Earth Engine," which Danzik for many years claimed would "amplify energy" and thereby replace the grid - with no need of "Photon Power?"
Danzik recently admitted that the "Photon Engine" won't "amplify energy," after all - so I guess that scam is played out now.
It's seems a bit weird when the "little brother" has to try to prevent the "big brother" from being fooled by a charlatan.
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VortexNebula57 VortexNebula57 1 month ago
Still! No one wants to hear your B.S.Go short another stock and talk trash about that. You're like that little brother who has his finger 1/4 of an inch away from you saying "I'm not touching you" Be Gone Fool!
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Dorick Dorick 1 month ago
Danzik refers in a press release to "the uniqueness of our market position." What market is he talking about? QEC does not have any product, presence, or position in any market at all, other than the market for "Distributorships" requiring non-refundable "deposits." QEC has nothing ready for any Distributor to distribute - but they're perfectly ready to sell you a Distributorship! Wow, what a unique position.
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Dorick Dorick 1 month ago
Danzik refers to "the uniqueness of our market position" - as if the company had actually brought something to market! His deceitful company has made nothing at all available for purchase, apart from Distributorships, for which they demand a non-refundable "deposit." If QEC ever does bring their so-called "Direct Energy System" to market, their claims about it will be proven false.
Danzik pretended for years that his "Earth Engine" (now renamed the "Photon Engine") - which is actually just an unconventional (and inefficient) type of electric motor - would magically "amplify energy." But after being warned recently that such claims amounted to securities fraud, he admitted that it wouldn't do so, after all.
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threewheeler threewheeler 1 month ago
FlooidCX Corporation [OTC: FLCX] dba/ Quantum Energy Corporation Announces Name and Trading Symbol Change
Press Release | 01/23/2024
Quantum Energy Corporation (OTC PINK: FLCX, QREE) (“Quantum” or “FLCX”), a worldwide exclusive licensee and manufacturer of transformative Direct Energy Systems for fully distributed electrical energy, owned and for use by the consumer, today announced that it has filed for a trading name and trading symbol change.

In the State of Nevada FlooidCX Corporation formerly changed its name to Quantum Energy Corporation. Today the Company announces that it has filed with FINRA to change its trading name to Quantum Energy Corporation and its trading symbol to “QQQQ”.

“The Company name and symbol change aligns with our corporate identity, as well as the uniqueness of our market position. The change also signals our managerial and administrative realignment for growth, the near term expansion of our board of directors and the commercial growth of our Company,” said Dennis M. Danzik, President and Executive Chairman.

For further information about this exciting change, please contact Brian Siegel, IRC®, M.B.A., at the below methods of contact.

About FlooidCX Corp/dba Quantum Energy Corporation FLCX

Quantum Energy is the worldwide exclusive licensee, and manufacturer of transformative photonic, magnetic propulsion, capacitor and battery energy systems for the direct generation and distribution of electrical energy produced and used by the consumer. Direct Energy SystemsTM for industrial, institutional, commercial, governmental, remote and residential installations.

Quantum’s unique and patent pending technologies combine the very best uses of photonic, magnetic and rare earth processing and manufacturing, turning the future from solar power to the new frontier of Photon PowerTM.

Forward-Looking Statements

This press release contains forward-looking statements within the meaning of the federal securities laws. These statements involve risks and uncertainties, and actual results may differ materially from those expressed or implied.


View source version on businesswire.com: https://www.businesswire.com/news/home/20240123535453/en/
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splintered sunlight splintered sunlight 2 months ago
Pump seems to be coming to an end....
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splintered sunlight splintered sunlight 3 months ago
Prints going up left and right - WILD.
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G$$ G$$ 3 months ago
SMH!!!!!! 😂😂
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threewheeler threewheeler 3 months ago
ur a fck moron it takes u to a general QREE search on X/twitter but apparently u dont know how to use twitter pathetic
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G$$ G$$ 3 months ago
That's where the link you attached took you! A$$ Wipe!
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splintered sunlight splintered sunlight 3 months ago
And a Happy Thanksgiving to you as well SMH
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threewheeler threewheeler 3 months ago
no shit why even post that, no one thinks that is this co
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G$$ G$$ 3 months ago
QUEBEC RARE EARTH ELEMENTS CORP.

Not the same company........
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threewheeler threewheeler 3 months ago
$QREE

💰0.7500
(https://www.tradingview.com/symbols/QREE/?offer_id=10&aff_id=29379)Pink Limited, AS: 495M, OS: 68M, US: 24M

🟢Profile is now Verified

Chart (https://www.tradingview.com/symbols/QREE/?offer_id=10&aff_id=29379), OTC Profile (https://www.otcmarkets.com/stock/QREE/security), Twitter (https://twitter.com/search?q=$QREE&src=typed_query), @otcupdates
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derkampfer derkampfer 3 months ago
😍go!
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MJ16 MJ16 4 months ago
Current investors are saying they've been trying to a tour for months and can't.
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