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Quantum Bit Induction Technology Inc. Announces a 10 - 1 Forward Split of Its Common Stock Friday August 11, 2:56 pm ET
HOUSTON, TX--(MARKET WIRE)--Aug 11, 2006 -- Quantum Bit Induction Technology Inc. (Other OTC:QBIT.PK - News) announced today that the process for a forward split of its shares of its common stock, 10-for-1, is being completed. The anticipated effective date will be announced. "We believe that this forward split increases liquidity for our common shares and increases shareholder value for our existing stockholders," said Mike Skillern, QBIT President.
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Quantum Bit Induction Technology Inc. Completes Filing for 10-1 Forward Split of Its Common Stock Friday August 18, 3:39 pm ET
HOUSTON, TX--(MARKET WIRE)--Aug 18, 2006 -- Quantum Bit Induction Technology Inc. (Other OTC:QBIT.PK - News) announced today that the process for the forward split of its shares of its common stock, 10-to-1, has been completed with a record date of August 28, 2006. The anticipated effective date will be on or about August 31, 2006. For more information on QBIT and it's projects visit our website at http://www.quantumbit.com.
The statements in this press release are not forward-looking. Anyone considering QBIT common share ownership should first understand the company.
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Quantum Bit Induction Technology Inc. Readies Experimental Series Last Update: 11:32 AM ET Aug 23, 2006
HOUSTON, TX, Aug 23, 2006 (MARKET WIRE via COMTEX) -- Quantum Bit Induction Technology Inc. (PINKSHEETS: QBIT), is readying a series of experiments that will focus the company's Negative Group Delay (NGD) investigations, which have achieved stable NGD of approximately one second, into an expanded NGD of approximately 4 seconds. Commenting on the current experimental series, President Mike Skillern offered, "In addition to the new circuitry we are implementing and testing, we are examining, in detail, the 'digital feedback' of the NGD signal to amplify small time dilations into larger, more adaptable time segments." Current QBIT projects to which the NGD experiments will be most beneficial are Reality Bender biased email and the Programmed Trading System (see website for info). For more information on QBIT and it's projects visit our website at http://www.quantumbit.com.
-------------------- It is always darkest before it goes completely BLACK!!! Posts: 2322 | From: FL | Registered: Aug 2004
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QBIT Completes Second Phase of NGD Experiments Friday September 1, 11:15 am ET
HOUSTON, TX--(MARKET WIRE)--Sep 1, 2006 -- Quantum Bit Induction Technology Inc. (Other OTC:QBIT.PK - News), has completed the second phase of the current series of experiments focusing on expanding Negative Group Delay (NGD) and the practical applications of the technology. QBIT expects this experimental portion to generate an NGD of approximately 4 seconds. President Mike Skillern stated, "We are very pleased with these experimental results. We are expecting this technology to produce a profound effect in the prototype systems that are now being tested."
Current QBIT projects to which the NGD experiments will be most beneficial are the Programmed Trading System and Reality Bender biased email (see website for info).
For more information on QBIT and its projects visit our website at www.quantumbit.com.
QBIT is a technology developer that works to build theoretically sensible ideas into technological realities. We work in the project areas of Power, Propulsion, Quantum Control, and Biology. Our primary interest is our Shareholders; we strive to generate value, benefits and loyalty to them. Please take the time to learn how and why, visit www.quantumbit.com and ask questions.
QBIT has applied quantum control technology to information processing electronics and has demonstrated that the probabilities associated with stochastic system data can be amplified or attenuated. Stochastic system measurement data is biased toward a target state for further processing, actualization, and observation. Underlying probabilities are affected through stochastic resonance and quantum entanglement.
The statements in this press release are not forward-looking. Anyone considering QBIT common share ownership should first understand the company.
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Qbit has completed paperwork on our end that should correct the misstep in moving our authorized from 200M to 2B and giving everybody 10 times more shares. We will be providing that paperwork to the appropriate authorities and vendors and it will make its way through the system in due time.
Qbit's work is going well. We have four electronic boards now whose output signal appears ~1 second before a signal is input. In properly designed circumstances the boards can run in series thus summing the time dilation effect. We are working toward using this technology to produce trading profits.
Qbit Power project is patiently waiting for prototyping money or help for "electrosonocentrifusor"….a power device that uses the effects of resonant stoichiometry distortion, electrochemistry, electrostatic and sonic pressure, and centrifugal force to extract clean nuclear energy from water. Really, if you look around the internet for those terms plus nuclear, then you can see where we're going. Each of those disciplines has produced nuclear reactions in reasonable lab conditions. Qbit believes the combinatorial effect can produce a device that gives us all power that's cheap and abundant. Hey, conceptually.....its micro-suns in electrolyzed water bubbles.
Qbit is drawing a next experiment to linearize a wobble. We all know that a wobble on a wheel is because it's lopsided. Manipulating the lopsidedness as a function of the rotation may just give us a linear wobble. That means no more swinging blades or hot exhaust gas to make things go. We don't really need much to do this work and its fun. Thank you all for supporting and encouraging the Propulsion Project work. We have the math and physics described......prototyping is the next step!
We've built a private area to our website. We're working on the content. We will be inviting each of you to explore what we've built there soon. Also notice that Qbit will be consolidating the "Time" and "Quantum Control" Projects into the "Causality Project". This consolidation owes to the fact that an accurate prediction and reliable target actualization is the same thing.
Qbit is planning a new class of security for distribution to our Shareholders. We are designing the terms of that instrument. We believe that we can create an instrument that manifests some of Qbit's value. We believe that we can do this in a way that everyone involved with supporting us prospers. We will keep everyone informed. We hope to have the new security finalized and issued by year's end.
Peace and best wishes. May God bless everyone. If there is anything that Management or I personally can do to help you, please ask. Thank you all for helping us.
Thank you all for your faith and support. We're working on it.
Qbit
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QBIT Completes Third Phase of NGD Experiments
Last Update: 1:02 PM ET Sep 19, 2006
HOUSTON, TX, Sep 19, 2006 (MARKET WIRE via COMTEX) -- Quantum Bit Induction Technology Inc. (PINKSHEETS: QBIT) has completed the third phase of the current series of experiments focusing on expanding Negative Group Delay (NGD) and the practical applications of the technology. One of the expected results of this experimental series is to generate an NGD of approximately 4 seconds. "QBIT has verified that each of the four boards now being tested produce a stable ~1 second effect. Cascading the devices to combine the results is the next step, with preliminary evidence indicating that some pulse reshaping may be necessary," explained President Mike Skillern. "The NGD results, though dramatic, are simply another important part of the system -- we are pleased with our progress on the project." Current QBIT projects to which the NGD experiments will be most beneficial are the Programmed Trading System and Reality Bender biased email (see website for info). For more information on QBIT and its projects visit our website at www.quantumbit.com. QBIT is a technology developer that works to build theoretically sensible ideas into technological realities. We work in the project areas of Power, Propulsion, Quantum Control, and Biology. Our primary interest is our Shareholders; we strive to generate value, benefits and loyalty to them. Please take the time to learn how and why, visit www.quantumbit.com and ask questions. QBIT has applied quantum control technology to information processing electronics and has demonstrated that the probabilities associated with stochastic system data can be amplified or attenuated. Stochastic system measurement data is biased toward a target state for further processing, actualization, and observation. Underlying probabilities are affected through stochastic resonance and quantum entanglement.
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QBIT Combines NGD and Software Systems Friday September 22, 11:36 am ET
HOUSTON, TX--(MARKET WIRE)--Sep 22, 2006 -- Quantum Bit Induction Technology Inc. (Other OTC:QBIT.PK - News), has initiated an experiment utilizing the newly tested NGD circuits with QBIT's proprietary software systems. "We are watching for anomalies in the integration of the tested NGD circuits with the system software," explained President Mike Skillern. "We are very comfortable with the pace of the research and delighted with the results. These two system elements have, after overcoming some preliminary obstacles, integrated rather seamlessly."
Current QBIT projects to which the NGD experiments will be most beneficial are the Programmed Trading System and Reality Bender biased email (see website for info)
For more information on QBIT and its projects visit our website at www.quantumbit.com.
QBIT is a technology developer that works to build theoretically sensible ideas into technological realities. We work in the project areas of Power, Propulsion, Quantum Control, and Biology. Our primary interest is our Shareholders; we strive to generate value, benefits and loyalty to them. Please take the time to learn how and why, visit www.quantumbit.com and ask questions.
QBIT has applied quantum control technology to information processing electronics and has demonstrated that the probabilities associated with stochastic system data can be amplified or attenuated. Stochastic system measurement data is biased toward a target state for further processing, actualization, and observation. Underlying probabilities are affected through stochastic resonance and quantum entanglement.
The statements in this press release are not forward looking. Anyone considering QBIT common share ownership should first understand the company.
-------------------- It is always darkest before it goes completely BLACK!!! Posts: 2322 | From: FL | Registered: Aug 2004
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QBIT Orders NOBO List to Determine Actual Shares Outstanding
Update: 3:37 PM ET Oct 3, 2006
HOUSTON, TX, Oct 03, 2006 (MARKET WIRE via COMTEX) -- Quantum Bit Induction Technology Inc. (PINKSHEETS: QBIT), has ordered and is reviewing a current NOBO list from ADP Investor Communications. The NOBO, which stands for Non Objecting Beneficial Ownership, list shows a more complete corporate ownership profile than is available from the transfer agent alone. "We are reviewing the NOBO list," explained President Mike Skillern. "There seem to be discrepancies which we are moving to correct." For more information on QBIT and its projects visit our website at www.quantumbit.com. QBIT is a technology developer that builds theoretically sensible ideas into technological realities. We work in the project areas of Power, Propulsion, Quantum Control, and Biology. Our primary interest is our Shareholders; we strive to generate value, benefits and loyalty to them. Please take the time to learn how and why, visit www.quantumbit.com and ask questions. QBIT, in all cases, maintains project rights for its shareholders, information concerning those rights is available on the QBIT website or by contacting QBIT directly. All Shareholders are encouraged to join the QBIT Shareholder Group on Yahoo by visiting www.quantumbit.com/html/shareholdergroup.html The statements in this press release are not forward looking. Anyone considering QBIT common share ownership should first understand the company.
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QBIT Receives 1st Installment From Remington Ventures Last Update: 10:03 AM ET Nov 1, 2006
HOUSTON, TX, Nov 01, 2006 (MARKET WIRE via COMTEX) -- Quantum Bit Induction Technology Inc. (PINKSHEETS: QBIT) has received the 1st contract payment from Remington Ventures, Inc. This payment is part of an agreement finalized in September between the two Corporations. Remington purchased certain rights to a QBIT project in the spring of 2005. "Remington has been very helpful with the financial support needed to develop specific elements of the Programmed Trading Project," explained QBIT President Mike Skillern. "We are pushing the technological envelope in several directions at once on this project. Knowing that Remington's support is there has given us the luxury of utilizing far more direct approaches." For more information on QBIT and its projects visit our website at www.quantumbit.com. QBIT is a technology developer that builds theoretically sensible ideas into technological realities. We work in the project areas of Power, Propulsion, Quantum Control, and Biology. Our primary interest is our Shareholders; we strive to generate value, benefits and loyalty to them. Please take the time to learn how and why, visit www.quantumbit.com and ask questions. QBIT, in all cases, maintains project rights for its shareholders, information concerning those rights is available on the QBIT website or by contacting QBIT directly. All Shareholders are encouraged to join the QBIT Shareholder Group on Yahoo by visiting www.quantumbit.com/html/shareholdergroup.html The statements in this press release are not forward looking. Anyone considering QBIT common share ownership should first understand the company. Contact: Peter McCain 713-784-7132
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Remington Ventures Secures Additional Financing Friday November 3, 4:00 pm ET
NEW YORK, Nov. 3 /PRNewswire-FirstCall/ -- Remington Ventures, Inc. (OTC Pink Sheets: RMVN - News) is pleased to announce that it has recently obtained some additional financing through a private placement with an investor group that has indicated an interest in investing up to one million dollars in the company. In fact, Remington has already finalized the first transaction and has received the first cash payment from this group in what is expected to be a series of transactions and payments over the upcoming months. ADVERTISEMENT
Remington's board of directors is very happy to apply a significant portion of the funds that it has already received from this group, and any additional funds that it may receive, towards its commitment to Quantum Bit Induction Technology, Inc. (OTC Pink Sheets: QBIT - News) and the Programmed Trading Project, the rights to which were purchased from QBIT by Remington in February, 1995.
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