Quantum Cyber – Is It Supposed To Be A Quantum Company, A Cybersecurity Company Or A Drone Company?

Quantum Cyber (QUCY) has a catchy name. “Quantum” as in the hot sector Quantum Computing, and “Cyber” as in the hot cyber security sector. Then the company also sells drones in the hot drone sector. These three sectors have little to no correlation.

QUCY used to be a molecular diagnostics company name Mainz Biomed (MYNZ), and completely changed its name and business to QUCY in March 2026.

Quantum Cyber Carries An Extremely High Dilution Risk

While combing through all the different SEC filings pertaining to QUCY, we came across a disturbing one that states:

“an investment of Six Million Dollars (USD $6,000,000 of cash (Three Million Dollars (USD $3,000,000) at the First Closing (as defined below); and Three Million Dollars (USD $3,000,000) at the Second Closing (as defined below)) to the Company in exchange for the Company issuing equity securities as described herein (the “Investment”), which such securities, upon becoming fully convertible will be convertible into an aggregate of 477,000,000 Ordinary Shares”

As stated above, an investor is investing only $6M and received securities that can convert to an astounding 477 million shares, which comes out to a purchase price of a little below $0.013 per share. This could potentially trigger massive dilution for existing shareholders.

This investor is none other than QUCY’s CEO, David Lazar, and he has significant board rights with the ability to nominate directors. QUCY filed an 8-K on 4/28/26 that stated four of the prior directors resigned, and four directors replaced them which are David Lazar, Robert Liscouski, David Natan and Avraham Ben-Tzvi.

We believe shareholders are about to be taken for a huge ride down. Even though financial websites like Yahoo Finance show there are only 22.77M shares outstanding, the hidden diluted share count is much more. ChatGPT states in its calculation:

Source: ChatGPT

As stated above, the fully diluted share count is 499.8M shares. And that’s before including options and warrants, so the company won’t receive any cash upon these conversions.

At its current price of $1.50, that puts the market cap at about $750M. This for a company that has weak businesses in our opinion. Which leads us to our next section, analyzing QUCY’s so-called “business segments”.

Quantum Cybers “Business Segments” Are Laughable

We think QUCY is a promotion, with no affiliations to the drone business whatsoever despite attempts to convince investors otherwise.

We hold this opinion because the nature of the promotion was the licensing of drone technology from what looks like a fake or, at best, a start-up drone shop called BP United.

On 5/13/26, QUCY announced that it’s executed an IP License agreement with BP United.

While we can understand why this caused a surge in stock price as drones and aeronautics is a hot sector right now, we found out that BP United has a broken website with no serious drone assets:

Source: bpunitedusa.com

The prices are listed as $0, a clear glitch due to a lack of maintenance of the website. Moreover, by navigating to the Security and Defense section, we see the following:

A staggering blank page. Is this the company that QUCY licenced its technology from and is touting as a pivot into defense solutions?

Unfortunately, QUCY’s shoddy PRs don’t end there. On 6/15/26, QUCY released the following PR:

This PR prompted a 20% intraday increase in stock price. Again, on first glance, we can understand why. However, as is the pattern observed with past promotions with QUCY, this doesn’t look like a real business. The PR states:

The PR states that QUCY has licensed some intellectual property pertaining to ‘Quantum photonic arrays’ by Project Lightshift.

Quantum computing and quantum photonics is an exotic science that has historically demanded millions and billions of dollars being poured into research and development. Now, QUCY says that they can license some IP from a random company and implement it into their quantum antennae systems?

The problem is, Project Lightshift was never promoted before QUCY. By refining google searches to searches before today’s PR, this is what we get:

Absolutely no result relating to a quantum array project named Project Lightshift.

The PR by QUCY states the following individuals being linked with Project Lightshift:

These two individuals have a pretty interesting past.

Dr. Wolf Kohn in 2021 was the subject of an announcement from Crowdpoint Technologies:

Kohn was touted as the chief scientist of Crowdpoint to head “AI and optimization initiatives for its nextgen blockchain”. Interesting: Dr. Kohn appears to be an expert in both blockchain technology (which coincidentally was the ‘hot’ topic of the markets in 2021), as well as quantum arrays!

The next individual shown in QUCY’s Project Lightshift PR was Nadab Akhtar:

Source: Linkedin

As per his Linkedin, currently Mr. Akhtar builds ‘anticipatory systems’ at excite capital, an investment firm that deploys physics based trading models to make money. The only ‘quantum’ we see is in his bio shown above: ‘Quantum-Inspired Decision Intelligence’. Nothing more!

However, he does work at Crowdpoint Technologies as President, and was there during the same time Dr. Kohn was onboarded:

So, there is no telling that Crowdpoint is a central link between Akhtar, Kohn, and Project Lightshift. Unfortunately, Crowdpoint Technologies is nothing more than a blockchain company, as shown below:

Nothing quantum related. No quantum arrays, nothing. No Project Lightshift and no quantum computing array intellectual property previously existed. It is a newly created company made by two buddies who worked at a blockchain company together.

Quantum Cyber’s Decision to Buy SpaceX Shares At Market Price With No Discount

On 6/26/26, QUCY announced that the company has decided to buy shares of SpaceX (SPCX). Likely on the back of ILLR that put out a similar announcement the day before and the stock more than tripled in value. However, ILLR is able to purchase SPCX shares at about $105 per share. Quite a discount from SPCX current share price of about $151.

QUCY, on the other hand, aren’t getting any discount. They just announced they will take a position in SPCX, likely from the open market just like any investor.

We look at this SPCX acquisition news as nothing more than an opportunity for insiders to sell shares on the pump.

Conclusion

We think QUCY is a project created for insiders to dump hundreds of millions of shares that they received for much lower than the current market price. We believe there is little to no fundamental value in the company and its business segments. Current shareholders are in for a rude awakening if and when insiders, mainly David Lazar, decides to dump his hundreds of millions of shares.