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Technology Stocks : Quantum Bit Induction Technologies

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From: ThinkingBig10/3/2006 7:03:50 PM
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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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