The consortium has been in discussions with Lotus for many months with regards to acquiring a significant stake in the team.
But much to the exasperation of all parties the money never arrived, resulting in team owner Gerard Lopez stating last week the deal had now been cancelled.
Mansoor Ijaz, the man behind the consortium, insists the deal is far from dead, believing a restructuring of the complicated financial situation will result in a positive outcome.
Explaining the problems, Ijaz told Press Association Sport: "It is important to refresh memories - Quantum's investors delivered the US Treasury Bonds in early October in full satisfaction of all amounts due under our contracts.
"The transfer configuration was rejected due to certain regulatory provisions governing large funds transfers between the US and certain countries.
"The reconfiguration and re-transfer of the assets became internally complicated within Quantum's partnerships and so I took the executive decision in mid-December to completely restructure our financing effort.
"To assist us in completing the transaction in a restructured plan we have retained professionals.
"We have agreed to give Lotus and Genii Capital (Lopez's company) complete step-by-step transparency in our process so they can make informed judgments about the probability of conclusion and time to complete. I am confident we will succeed this time around.
"It is important to emphasise we have all along self-regulated our own efforts.
"I have made clear to Lotus that under the restructured plan if at any point I did not feel we could complete after last year's unforgivable delays, I would stop the process myself and announce openly I could not conclude, and accept the resulting consequences."
Asked as to a likely timeframe in this instance and whether the new deal would be in place before the start of the season in Australia, Ijaz replied: "Well before Australia.
"The reality is in today's world, the internal combination of high-profile investors and shareholders I assembled were at clear odds with the increasingly harsh compliance and regulatory environment in which major banks must operate.
"I have rarely had the chance to work in a deal with such honourable people as those at Lotus who have given me every chance to fulfil the covenants we had entered into.
"We continue to work together with the best possible team spirit under the circumstances."
Lotus team principal Eric Boullier claims the Enstone-based marque have the finances to compete this season, with no further outside investment required.
The arrival of Pastor Maldonado, and the backing the Venezuelan driver receives from state oil-and-gas giant PDVSA, has played a part.
Speaking to Autosport, Boullier said: "We have an operational guaranteed budget this year, which is a big difference.
"It means we will be on our own financially and we have a much stronger shareholder structure and some new sponsors.
"I think now, at least for 2014 and a little bit beyond, the team can stabilise. We can bring a little bit of quietness, not being as intense, but still performing.
"I know where we are now today with the car and we will still be fighting, hopefully for some podiums his year."
Lotus, meanwhile, have agreed a sponsorship deal with leading online trading and investment specialist Saxo Bank.