SOURCE: Quantum Energy, Inc.

January 09, 2014 07:30 ET

Quantum Energy Seeks CUSIP for BDC

TEMPE, AZ--(Marketwired - Jan 9, 2014) - Quantum Energy, Inc. (PINKSHEETS: QEGY), announced that it is moving forward with the acquisition of a Business Development Company (BDC) through the formation of Quantum Funding, Inc. by Data Capital Corp (DCC). "The corporate formation process is nearly complete and a CUSIP number will be sought immediately to identify the securities of the BDC through the Committee on Uniform Securities Identification Procedures," said Stan Wilson Chairman and President of Quantum. The BDC will then make all filings to qualify to raise an initial $5,000,000. To acquire the BDC as a subsidiary with its $5,000,000 on hand, Quantum will issue restricted shares at $0.50 cent per share. "In anticipation of the BDC acquisition and the accompanying funding, Quantum is in discussions with several potential sites to assess the feasibility of developing diesel refineries within and without the Bakken," Wilson said. 

The new Quantum website can be found at www.quantum-e.com.

About Quantum Energy, Inc.

QUANTUM ENERGY, INC. is a development stage publicly traded diversified holding company with offices in the Bakken field in Williston, North Dakota with an emphasis in land holdings, refinery and rail transload development, oil and gas exploration, drilling, well completion and fuel distribution.

Safe Harbor Forward-Looking Statements

To the extent that statements in this press release are not strictly historical, including statements as to revenue projections, business strategy, outlook, objectives, further milestones, plans, intentions, goals, future financial conditions, future collaboration agreements, the success of the Company's development, events conditioned on stockholder or other approval, or otherwise as to future events, such statements are forward-looking, and are made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. The forward-looking statements contained in this release are subject to certain risks and uncertainties that could cause actual results to differ materially from the statements made.

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