Inductance Energy Corp (PK:QREE)
Business Focus: Oil & Gas Refining and Marketing
| Sector: Energy | Industry: Oil & Gas Refining and Marketing |
| See Regulatory Filings on SEC | |
| Company Contact | |
| Address: | 3805 Rockbottom HENDERSON NV 89052 |
| Tel: | N/A |
| Website: | https://qegy.energy |
| IR: | See website |
| Key People | ||
| William J. Hinz Chairman of the Board | Harry Ewert Chief Executive Officer, Director | William Westbrook Chief Financial Officer | Anthony Ker Treasurer, Company Secretary, Director |
| Business Overview |
| Inductance Energy Corporation, formerly Quantum Energy Inc., is a development stage diversified holding company with an emphasis in land holdings, refinery and fuel distribution. The Company is engaged in rare earth elements, metals and oxides. The Company manufactures and distributes magnets, oxides and alloys. The Company operates through three segments: Mining, Minerals and Magnets. The Company's subsidiaries include FTPM Resources Ltd. and Dominion Energy Processing Group, Inc. |
| Financial Overview |
| For the nine months ended 30 November 2022, Inductance Energy Corp revenues decreased from $324K to $0K. Net loss totaled $1.38B vs. income of $5.7M. Revenues reflect a decrease in demand for the Company's products and services due to unfavorable market conditions. Net loss reflects Unrealized Gain (Loss) on Common Stock P decrease from $7.4M (income) to $1.28B (expense). |
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