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Quantum Energy Inc (QREE) is a leading energy company focused on sustainable and innovative solutions in the renewable energy sector. With a strong emphasis on research and development, Quantum Energy is at the forefront of advancing clean energy technologies to combat climate change. The company's core business includes solar, wind, and hydroelectric power projects, with a commitment to reducing carbon emissions and promoting environmental stewardship. Quantum Energy's financial stability, strategic partnerships, and cutting-edge products position it as a key player in the transition to a greener future.
Quantum Energy (OTC: QREE) has announced the retirement of its Chairman and Director, William Hinz, who will now serve as Chairman Emeritus. The company, a global licensee of flywheel energy storage systems, energy conditioning systems, and rare earth material supply and manufacturing, appreciates Hinz's contributions in transforming Quantum into a prominent manufacturer of energy equipment.
CEO Harry Ewert highlighted the company's focus on manufacturing flywheel and energy conditioning products. Quantum plans a name change and branding effort, with new trademarks to be introduced by the month's end. An annual meeting to elect a new Board of Directors is scheduled by August 1, 2024, with detailed information to be provided to shareholders.
Quantum Energy Inc. (OTC: QREE) has announced a letter of intent to merge with FlooidCX Corporation (OTC: FLCX), aimed at transforming energy delivery and accelerating commercialization of photonic energy systems.
The merger will allow existing Quantum shareholders to exchange 6 shares for 1 share of FLCX common stock and receive Series D Preferred shares convertible into common stock. The combined company will have approximately 35 million shares outstanding. FLCX contributes $18 million in contractual sales and significant intellectual property, enhancing Quantum's technology portfolio and market entry.