PHOENIX, Nov. 14, 2023 (GLOBE NEWSWIRE) -- FlooidCX Corp. /DBA/ Quantum Energy Corporation (OTC: FLCX), ("Quantum" or the "Company"), the exclusive licensee and manufacturer of transformative 100% distributed photonic and magnetic direct energy systems for the generation of electrical energy owned and for use by the consumer, announces it began sales of Licensed Distributorships in the United States and Canada. These sales coincide with the Company's inaugural Quantum National Distributors Association (QNDA) meeting that will be held on November 18, 2023, at The Rock & Roll Hall of Fame in Cleveland, Ohio, and on November 19, 2023, with the National Football League with the Cleveland Browns at Browns Stadium.
The Quantum National Distributors Meeting is by invitation only. It will feature the "Founders Group" of the Quantum Licensed Distributors Association from Arizona, Wyoming, Oklahoma, Washington State, Ohio, Michigan, Ontario, Quebec, Alberta, and British Columbia, Canada. The event will also highlight many of the leading Quantum Direct Energy System customers in the United States and Canada.
Quantum Energy announces revenue guidance of approximately $7.5M for the current (4th QTR) of this year on the following business developments:
1). Quantum announces that it has begun selling Licensed Distributorships, products, and related services in the United States and Canada. The Company offered three (3) exclusive Licensed Distributorships with initial fees of $1.5MM each with standstill and non-refundable deposit agreements executed with Ontario Energy Systems, LTD, of Ontario, Canada, BD Energy Solutions, LLC, of Tulsa, Oklahoma, and AESIR Energy, LLC, of Seattle, Washington. Quantum exclusive Licensed Distributors service the entirety of a state or province, and the agreement is for two ten-year (120-month) terms.
2). The three (3) exclusive Licensed Distributorships are the only exclusivities offered in the United States and Canada by Quantum. The Company has also entered agreements for non-exclusive Licensed Distributorships with fees ranging from $500,000.00 to $1.5MM each. Currently, the Company executed standstill and non-refundable deposit agreements with Viridis Energy Partners Inc. of Newport, Michigan, for southeastern Michigan, including the Detroit metropolitan area.
3). The Company has determined that non-exclusive Licensed Distributorships are based on geographical areas and population, yielding approximately 925 available distributorships in the United States and Canada. Licensed Distributors are trained and hold inventory to sell, install, service, and maintain Quantum Direct Energy Systems, including ultra-low-watt Photon Lighting bulbs and ...