X0303 5 2008-11-01 1 0 0 0001118847 QUANTUM GROUP INC /FL QGP 0000704159 PAULSON CAPITAL CORP 811 SW NAITO PARKWAY SUITE 200 PORTLAND OR 97204 0 0 0 1 See Remarks 0000897686 PAULSON JACQUELINE M 811 SW NAITO PARKWAY SUITE 200 PORTLAND OR 97204 0 0 0 1 See Remarks 0000898196 PAULSON CHESTER L F 811 SW NAITO PARKWAY SUITE 200 PORTLAND OR 97204 0 0 0 1 See Remarks A form 3 was filed on November 5, 2008 in error. The reporting parties were not, and are not, a Director, Officer, or 10% Owner of the Issuer. A form 3/A was filed on January 21, 2009 amending the Form 3 filed on November 5, 2008. This form 5 is being filed as the reporting parties were not, and are not, subject to Section 16 reporting. Carol A. Rice, Attorney-in-Fact for Chester L.F. Paulson 2009-01-21 Carol A. Rice, Attorney-in-Fact for Jacqueline M. Paulson 2009-01-21 Carol A. Rice, Authorized Agent for Paulson Capital Corp. 2009-01-21 Carol A. Rice, Authorized Agent for Paulson Family LLC 2009-01-21 Carol A. Rice, Authorized Agent for Paulson Investment Co., Inc. 2009-01-21