Quantech Electronics Corp. has announced that it has filed a Form 15 with the Securities and Exchange Commission to voluntarily deregister its common stock under the Securities Exchange Act of 1934, as amended.

Quantech Electronics Corp. announced that its shareholders elected David J Cutler as a sole director and officer of the company effective immediately to hold office until a representative successor has been elected. Mr. Cutler is a Partner of Borgers and Cutler CPAs LLC, a PCAOB registered auditing company and the Principal of Cutler & Co., LLC, a US accounting and UK registered auditing company. Mr. Cutler has been the Chief Financial Officer of US Precious Metals Inc., a publicly quoted mineral exploration company, since December 2011 and is the sole officer and a director of the following publicly quoted shell companies: Golden Dragon Holding Co. (formerly Concord Ventures Inc.), since March 2006, Southwestern Water Exploration Co., since March 2011, US Holdings Inc. (formerly USN Corporation), since July 2011 and Torrent Energy Corporation, since October 2011.