Quantum Energy Corporation dba flooidCX Corp [OTC: FLCX] Executes Licensing Agreement in the Philippines
The Agreement was executed and made effective on March 28, 2024 with funding committed on April 30, 2024.
- The Agreement was executed and made effective on March 28, 2024 with funding committed on April 30, 2024.
- ARC Energy has contracted with PNOC to develop 500,000 affordable housing units and it anticipates starting construction on these units in Q2.
- This is a 5-year development plan that focuses on sustainability and energy use, including high efficiency distributed energy, appliances, and renewable energy.
- In addition, under the Agreement the Company will receive 20% of the monthly recurring revenue from electrical energy provided by its Direct Energy System, installed by ARC Energy Inc.