flooidCX Corporation (CE) (FLCX) News

Talking about audited financials... and going back to that stock trading snafu that happened a month ago where the price went to 0... Danzik sent an email as received by 1776Rebel see:

https://investorshub.advfn.com/boards/read_msg.aspx?message_id=175012407

The transition to the new ticker symbol and normal trading will take place over the next several days

There was a 20 day SEC clock. We are 23 days later, anybody saw the ticker change ? Heard of the audited 10K?

By the way, smart AI, is it market practice for a stock to go to 0 during a ticker change ?

Ticker Symbol Change: When a company changes its ticker symbol, this is usually a seamless transition with minimal disruption to stock price visibility or trading. The market opens with the new ticker symbol, and the previous price history is transferred to the new symbol.

Thanks, I thought so too...

Curious Bystander, the "Dorick Doohickey"!! I missed that little gem last night and on reading it this morning i nearly choked on my breakfast with bout of convulsive laughter. Very funny indeed.

That's a very good question, MagnetLover, for I wasn't aware of this PR posting whatsoever, nor did management inform me of the 1:1 conversion as a preferred shareholder. So now, thanks to you (of which I am grateful), I have another bone to pick with Quantum. It just doesn't end.

I agree with you. If they have nothing meaningful to distribute, there is no point of distributors. And that’s why, in my opinion, it’s THIS move by Quantum that would serve to bring it all to an end.

You may be right. But it WILL be the final straw IMHO.

Curious Bystander, what is the point of distributors when they have nothing to distribute? I am utterly amazed that this shambolic fleecing of investors has lasted so long. Five and a half years after the "earth engine" was unveiled with much fanfare nothing has worked out. Danzik has even admitted obliquely that the much touted "earth engine " does not generate any energy and has come out with this photon nonsense. Unbelievable.

I think Danzik arrived at the end of the prototypes rope. There are only that many "Marie VI" and "Elizabeth XXII" a man can take. Especially after he told us, 5 years ago, that 10-20kw units were being shipped to clients. We are way past prototypes, according to his own roadmap, he knows it, hence the distributors drill.

Yes, the next updated audited financial statements will be big.

Interesting financial cooking.

For reference : https://www.marketscreener.com/quote/stock/QUANTUM-ENERGY-INC-120789846/news/FlooidCX-Corp-cancelled-the-acquisition-of-Quantum-Energy-Inc--46275980/

The only reason for the stock exchange to take place was the merger. FLCX would merge with QREE, FLCX being the surviving entity. If you were a QREE stockholder, you now become a shareholder of the merged and surviving entity, which is FLCX.

However, the merger didn't take place and you were still exchanged your shares? Maybe partial execution of the merger conditions took place?

Also, you mentionned you were prefered share investor, why was the exchange ratio 1:5?

the holders of Series A Quantum preferred stock shall be entitled to receive one share of Flooid Series A Preferred Stock for each share of Quantum Series A Preferred Stock they own and the holders of Series D Quantum preferred stock shall be entitled to receive one share of Flooid Series E Preferred Stock for each share of Quantum Series D Preferred Stock they own.

I respectfully disagree. A smart con artist would continue with new iterations to keep the wolves at bay, not announce distributors.
As an example, the scam would evolve from the Earth Engine, to the Photon Engine, to the Dorick Doohickey, or something like that.
Whether or not Danzik has received money from distributors is irrelevant. There are hundreds of investors who have lost their patience with the company’s antics, and a failure at this stage (distributors) will be the last straw.

Hahahaha….just take a deep breath and give it another 6-12 months. I think you’ll find I’m not as gullible as you think. And fwiw, I don’t think you’re as ornery as you sometimes come across.

One other thing, you’re missing my core point—we’re about to see an uprising. If you are right and Danzik has received no money from distributors, that would be a breaking point for investors once the information came to light.

6-12 months. Tick tock, tick tock…

OMG Mr. Bystander - your relentless gullibility never ceases to amaze me! What is your reason for believing that Danzik or his company has ever received a single penny from any "distributor" in the world? - Your reason for believing this is that DANZIK SAYS SO! Why can you still not understand that Danzik is a pathological liar, who has done nothing but lie his head off to the whole world for the past five years, at least? He certainly does NOT "honestly think he has something meaningful," for crying out loud! Scammers and con artists KNOW that they are scammers and con artists! Danzik has not "rounded up distributors." He has merely moved on from lying his head off about nonexistent "revolutionary breakthroughs" to lying his head off about nonexistent million-dollar deals. That is why he has a big problem when it comes to releasing financial statements. If he had actually made such deals for real, he would have been very EAGER to release his financial statements. Isn't that rather obvious?

Curious Bystander i think you are misreading the situation. They can't be so stupid to think they have something of value as the beyond preposterous photon engine was "invented" when the earth engine failed. Danzik, with his misuse of technical terms, is no engineer but i don't think he is stupid. The real situation, i believe is as follows: fraud can only be established if the perpetrator knowingly promotes something false. It is not fraud if he/she is simply mistaken in their belief.

You are right. The merger failed miserably, and yet management went ahead with the conversion regardless--without offering a single justifiable reason. Realize, the conversion was taking place because the FLCX company somehow had a superior value than the QREE company; thus, the conversion was to make five shares of QREE to equal one share of FLCX. But once the merger failed, the "superior value" was no more. It was eliminated. And yet, my 80,000 QREE shares were reduced to 15,000 FLCX shares--and for what benefit? Well, management has yet to say.

Believe it or not, they honestly do think they have something meaningful. And for that reason they’ve moved to this point of rounding up distributors.

From a point of logic, it makes ZERO sense to sell distributorships when you’re orchestrating a full-blown scam. Instead, you continue to “improve” your technology, as investors are more accepting of delays due to improvements than they are from distributors hitting brick walls with the company’s technology.
If it doesn’t work out, the distributors themselves will be first in line at Danzik's front door with their lanterns and pitchforks….and the company principals know this.

And so I yawn, and patiently wait while getting some entertainment from reading posts on this board. They’ve literally doomed themselves with this new stage if they have nothing legit, and the whole house of cards will come crashing down within the next 6-12 months (once again, if they have NOTHING legit).

When I say “yawn,” I don’t mean to disrespect Dorick’s (and others’) efforts. I think it’s good for any potential investor to read Dorick’s material, and to then make an educated decision. I also think him filing a complaint with the SEC is a good thing, as it will potentially cause the company to “put up or shut up.” Although I do think if nothing materializes with distributors soon that investors will beat the SEC to shutting it down.

Indeed. But I am still, very, extremely, vastly, thoroughly stunned by the duration of this enterprise/scheme.

MagnetLover, true, but with approval by a recognised authority the orders would flood in. Anyway this is all hypothetical as no such scheme can ever work, not now, not ever.

Agreed but wait, was there a 5 to 1 conversion taking place? I thought it was part of the merger which failed?

If they had developed a financially viable world changing technology - like they pretend they did, no certification would be needed. They would be busy installing the Earth Engines, counting their $$$, and posing for magazines.

If one had developed a world changing technology the very first priority would be to get at least one( preferably many) fully independent test. With such a test completed the stock price would go through the roof. But this never happens- what does this tell you? This is all quite separate from the theoretical argument that the conservation laws rule out all such schemes. Another one that i am watching and criticising is the Holcomb generator which has a similar modus operandi of many promises but no independent test and no installation anywhere.

Thanks, my friend. I hope so, as well. But because of the 5 to 1 conversion of QREE into FLCX, I will have to wait until the stock price reaches $5 per share just to break even. And I agree---management isn't close to being straightforward whatsoever. Think of it. If there was a drug that was developed that would cure all forms of cancer, the patent owners of the drug would immediately see their stock price go through the roof. Well, the Quantum Energy magnet generator was touted as the cure for green and abundant energy that would be :disruptive" to the world's energy sector. Mini generators would fit nicely in every business and home, with zero connection to an outside utility company. It was to be an absolute cure for cheap and constant energy, and yet the company can't keep its share price above a dollar. Go figure.

It was back in of February of 2022 under the ticker QREE.

Thanks for the info.

By the way, to be clear, I really hope you and the other investors will get your money back. My only issue is with the company that I perceive as "not straightforward" in its claims, promises, and actions - financially or engineering wise.

Thank you, Mr Dorick. That's a clear and easily understood explanation.

Mr. PC: Quantum Energy INC and FlooidCX Corp are definitely two different corporations, and will remain so, since they have cancelled the planned merger that was announced about a year ago. Danzik has said that FlooidCX will change its name to Quantum Energy CORP but that will be a different corporation from Quantum Energy INC.
A reverse stock split is a corporate action that consolidates the number of existing shares of stock held by shareholders into fewer shares. For example, in a 1-for-2 reverse stock split, a shareholder would receive 1 share for every 2 shares they currently own. This action does not change the overall value of the company; it simply increases the price per share while reducing the total number of shares outstanding. Companies often perform reverse stock splits to meet minimum share price requirements for stock exchanges or to improve the perception of the stock.

Miss Roxanne: as a retired engineer i have virtually no knowledge of financial matters. Quantum and Flooidcx seem at times to be the same thing and at other times separate entities. Then we have qree and flcx stock. And what is a reverse split? I'm baffled by it all and would appreciate some basic education.

Or, now that I think of it, did you buy FLCX preferred shares?

Mr. Rebel, do you mind me asking when you purchased your preferred shares? Was it back when the ticker symbol was QEGY, before the reverse split, or more recently?

Good news, everybody! Mr. MagnetLover pointed out a way to get the answers to all your questions!
"If you have any qustions or are looking to speak with someone please reach out to info@aesir.energy"
- This has been right on the aesir.energy website all along! (LOL)

Well 1776Rebel, that is an unfortunate situation for you. I don't think your e-mails will get a response: once Danzik has your money, that is all he cares about. Just look at his prior history in various dubious practices.

He didn't offer a timeline regarding a completed audit. He just said back in February that FLCX will soon be offering an IPO at a share price of $6 to $8 dollars. And I would venture to say that he didn't mean that "soon" would mean seven months from now--and counting.

Oh, no, I have been at these guys throats almost from day one when I invested in preferred shares. I have since sent them a horde of emails that served to request them to get their damn act together. I am pissed and they know it!

IPO of FLCX or QREE?
Did they offer any timeline on the audited financials? I would think this should predate a potential IPO.

1776Rebel, you seem to be coming around to the truth. It's painful, but it is better to know than to remain under an illusion.

A 10.5, in fact. My wife and I were told by a senior representative that Quantum Energy will soon be offering an IPO (Initial Public Offering) of around $6 to $8 This was back in February. Hasn't happen. We were also told in February that a major stock marketing PR firm, Benzinga, was hired and would soon submit two major press releases not only to stock holders, but to the world. But up to now--crickets.

I think all your answers are on the aesir.energy website ! 🤪

What??? No responses to my questions below?

Come one folks. Surely someone knows something. Setting the efficacy of the technology aside and focusing strictly on the company’s ability to meet its own self-imposed deadlines, please don’t make me give them a 10 on the Pinocchio Scale…

The following paragraphs are snippets from this year’s Quantum press releases. You can find them on Quantum’s website. I must have been asleep at the wheel because I genuinely don’t know the answer to my questions below. Anyone who does, please feel free to chime in.

—Ewert further stated, "The Company will continue to concentrate on its name change and branding efforts including a series of new Trademarks through the end of this month (June ‘24) ."

Anyone heard of new Trademarks?


—QREE will be announcing an annual meeting to elect a new Board of Directors no later than August 1, 2024. Shareholders of record will receive detailed information via their chosen contact method by that date.

Any shareholders receive info on this?


—Under the Agreement, the Company has also agreed to the development of manufacturing facilities in the Philippines for the Company’s equipment and products, including capacitor and battery storage systems. The first manufacturing facility is expected to open in September of this year and then to expand through 2025

It’s mid September. Any news on the manufacturing facility opening?


—As a part of the licensing agreement, Quantum will be opening a service and distribution office in the Tulsa area by early fall of this year to support BD Energy, which will include a Quantum mechanical and stocking warehouse operation.

It’s early fall. Any news on a Quantum service and distribution office having opened in Tulsa?


—As a part of the licensing agreement, Quantum will be opening a service and distribution office in the Tacoma area by early summer of this year to support Aesir.

We’re way past early summer. Any news of a Quantum service and distribution office in Tacoma?


—Viridis will be announcing its office and facility location within the month. Quantum will be announcing the opening of its first Michigan service facility and offices by the end of this month (March 2024).

I missed Quantum’s announcement. Anyone else hear it?

My posts are failing to show and when i try again i find i have double posted- sorry.

Yes i had, but not being au fait with financial matters i don't know it's significance. Engineering/physics is my game.

Yes i had but not being au fait with financial matters i don't know the significance. Engineering/physics is my game.

Anybody else noticed QREE hasn't issued audited financial statements since the feb 2022's 10K?

Dennis ate the pudding, you can see his expanding waistline.

True. However, extraordinary claims require extraordinary proof.
Where is the proof? Where is the pudding?

I'm pretty sure 1776Rebel has blocked me - maybe someone else could repost my reply to him?

Thank you Dorick, you expressed that opinion and statement of fact better than i could have done. 1776rebel, you have a point, science does advance and ongoing experiments frequently clarify what we know. The conservation laws, however, have not changed one iota in ~150years and will not in the future- if the conservation of energy and momentum did not hold explicitly in all cases we would not have a stable universe and we would not exist.

So do people.

Sometimes...........

Mr. 1776Rebel: Mr. PC Retired's statement was perfectly correct. Laws of physics by definition cannot be broken. If something was ever said to be a law of physics, but it was later "broken," then it was never a law of physics in the first place, no matter what people said about it. Danzik's claims that his so-called "Photon Engine" can magically "amplify" energy actually require it to be able to violate the conservation of energy, and that's how we know without a doubt that his claims are false. Conservation of energy is indeed a law of physics, and just like every other law of physics, it has never evolved at all. Our understanding of the laws of physics certainly evolves - but not the laws of physics themselves, which are perfectly changeless and eternal.

"Technology does evolve but the laws of physics do not."

Oh, really? Well, then, may I suggest that prior to making such a clear and definitive declaration that you first conduct an elementary Google search on if the laws of physics (laws that have been created by imperfect people) have ever been broken. Had you done so, you would have learned that your statement is callow is and not supported by science--a discipline, in fact, that will be forever evolutionary to mankind.

What current news is relevant to IE/QE/FLCX's claims?

Well Curious Bystander, it looks like Mr Szilard does not wish to talk about the "earth engine". Not surprising really as if i was in his position i would be rather short of words and deeply embarrassed. Five and a half years and a world changing tech has evaporated. Where will the "photon engine" be in five and a half years? In a dumpster somewhere, i believe.