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Cant see them bothering with the Canada listing as once sold the co will be delisted, but it was a bugger as before Christmas I had £10k to drop in this.
It’s all on the Petroteq website .com if you haven’t found it
Agree Canada needs to reopen ASAP for those who don’t want to wait till Feb 7th.
3/1/22 PQEFF has gone crackers and has ended the day at 39c (US). I've been unable to find any official announcement, however, the bulletin board has several commentators referencing a board recommendation of the offer.
I'm disappointed that I still can't trade my PQE.V shares.
I'm disappointed that I can't find any official announcement
I'm disappointed that Petroteq tweets absolute rubbish but chooses to stay quiet on important stuff.
Despite my disappointment I'm delighted it's starting to look like I'll make a profit in my holding
News report out today for PQE
https://www.accesswire.com/viewarticle.aspx?id=679249
One more link that is a great watch to learn product made from oil…
https://youtu.be/57oP8GhY9zc
Interesting article from seekingalpha Oct 2021
https://seekingalpha.com/instablog/1107010-edward-vranic-cfa/5653461-petroteq-is-where-peak-fintech-was-back-in-2018
https://shopvirtueandvice.com/blogs/news/what-is-polyester
FASHION iNDUSTRY, accounts for 10% global Co2 emissions because of the synthetics like polyester (wonder if Greta thunberg wares them?) which up until a few years ago was not properly recycled and just dumped in million of tonnes in land fills (or donated to charity affecting the third and second world of their clothing economy ) but now with the like of https://kleiderly.com/ and others like it, we can sleep a bit easier knowing that we are not contributing to the damage caused by waste. Well take a look and and click the link to draw your own conclusions, make no mistake polyester is made from oil and i wonder how much more than half a barrel of oil is used towards ‘PRODUCTS” is needed in a growing economic global population. Unless new safer eco friendly chemicals and recycling old clothes from land fill (fashion equivalent of toxic tail ponds right?)
Food for thought dazzle
I wonder if many people around the world know how much products they consume is made from oil
https://youtu.be/35INI7huDQU
Reading across some multimedia site chat forums, I don’t think anyone can get through to weaker paper holders. But those with an savvy acumen will at least see that what’s good for the goose is also good for the gander. If Haywood does its job properly and gives a better valuation above 74 cents > $1 - $2. It remains if viston will be putting their money where its mouth is, I don’t think they will as they don’t come across as deeper pocket of friendlier type anyway..and i feel the valuation will be more than they are able/not willing to pay. Which leads me on to the next part where PQE will do their best to match or exceed with up and coming contracts that will bear fruit early next year with potential revenue like TOMCO has been doing with the deeper in-situ exploration. Remember PQE are moving for the third time nearer TSHII which says a lot about the quality and deeper potential in-situ oil.PQE really only have to convince just 60% or more of the more savvy long term (2-4yr) investors that hold bigger chunks and know what the true value of the business model will likely reap what they are sowing…
1: viston offer was before the third party verification and QFI results
2: Haywood will factor in newer third party proven results for a better and fairer valuation than viston will likely admit too.
3: fortune favours the brave so if the bigger oil majors dilly dally around i see more junior and mid size co’s stepping in to lease PQE tech and land.
4: Haywood last valuation for their client was 94 cents, a month later $2.4 then spiked to $12 going back down to £6.3 not sure if they got bought out or going it alone organically which PQE may do i management prove the business model
5: what’s good for PQE must be good for the likes of TOMCO and VALKOR, so could TOMCO be a future takeover bid?
6: if the likes of SUNKOR and other Canadian oil tar sand co’s dilly dallly around with thermal heating ( using less water but, still using water ) for their toxic oil tar sand process which isn’t ESG or eco friendly anymore? They will either have to use PQE tech and adapt to a better green process or die a slow death, costing them more in dollars each year, pride before the fall.
7: investors must also help with PR and spread the word out to the likes of shell and other like minded co’s who wanna go greener.
Yep it hit the low of the gap of 14 cents on the 25 Oct 2021 today, will be interesting to see what happens Monday, will we see buyers making a strong uptrend or will sellers keep bashing PQE down? Big things are happening.
The gap is slowly closing back to 14cents as i type its 14.80 cents. I think when this closes I recon TSXV will start trading, my theory was that Munich and Stuttgart closed their gaps when allowed to un-halt.
https://www.google.co.uk/maps/@29.5493577,-95.5762856,3a,68.7y,19.13h,98.14t/data=!3m6!1e1!3m4!1s9qYw0nCqUvhTA9sH5u_DoA!2e0!7i13312!8i6656
Gmap of George Stapleton's house
SHERMAN OAKS, CA / ACCESSWIRE / December 1, 2021 / Petroteq Energy Inc. ("Petroteq" or the "Company") ??(TSXV:PQE)(?OTC PINK:PQEFF)(FSE:PQCF), an oil ?company focused on the development and implementation of its proprietary oil-?extraction and remediation technologies, is pleased to announce the signing of a technology license agreement for the use ?of its proprietary oil sands extraction ?technology.?
The Company has entered into a non-exclusive, non-transferable technology ?licensing agreement dated for reference October 27, 2021 (the "Agreement") ?with Big Sky Resources LLC ("Big Sky"), a company based in Rye, New York. The ?Agreement grants to Big Sky the right to use Petroteq's proprietary patented ?technology to design, construct, operate and finance oil sands extraction plants ?for up to two locations in the continental United States. Under the Agreement, ?Big Sky has agreed to pay Petroteq a one-time, non-refundable license fee of ?US$2 million, which will become payable upon the commencement by Big Sky of construction of its first ?plant. The Agreement further provides that Big Sky will pay Petroteq a five ?percent (5%) royalty on the net revenue received by Big Sky from the ?production, sale or other disposition of licensed product from the plants, for ?so long as Petroteq continues to hold enforceable and protected intellectual ?property rights in the licensed technology in the United States.?
Pursuant to the Agreement, Big Sky is obligated to engage Valkor LLC (or an affiliate named by Valkor) as ?the sole and exclusive provider of engineering, planning, and construction ?services for all oil sands plants built by or under the direction or on behalf of ?Big Sky. Big Sky has indicated it will work closely with Valkor to identify ?plant locations in the State of Utah. ?
Dr. Gerald Bailey, Petroteq CEO, commented, "If Big Sky successfully ?advances its plans to develop, build and operate up to two oil sands plants ?utilizing our technology, the Company would have a potential long-term ?revenue stream through a royalty. I believe that our technology offers an eco-friendly means ?of oil production. This is a sound environmental approach to be a green energy ?solution for extracting the oil from the soil. Our ability to license this ?technology provides us with the opportunity to potentially realize non-?disruptive sources of income for the Company, while giving licensees like Big ?Sky the ability to develop attractive oil sources for the benefit of the ?communities being served".?
New bidder due to step in. at $1.25
https://dealroom.net/blog/hostile-takeovers-the-dark-side-of-m-a
I see the price on H-L accounts for PQE have been put on zero?
Is this because it is about to be relisted in Canada
www.reddit.com/r/Petroteq/comments/qtkxs3/questions_answers_and_background_story_of_the/
Shared from tomco BB
All rather quiet again. I would like to see another player come int the game
sorry to sound so ignorant, but why is the current share price so far below the offer price ?
https://www.investopedia.com/ask/answers/042315/how-can-company-resist-hostile-takeover.asp
Good read
Dazzle
We now have the formal offer from Viston AG, a Swiss company, of C$0.74.
https://www.businesswire.com/news/home/20211025005815/en/Viston-United-Swiss-AG-Commences-All-Cash-Offer-to-Acquire-Petroteq-Energy-Inc.
https://twitter.com/petroteqenergy/status/1447977927761666049?s=21
Just got an email reply from dr g bailey:
Thank you for the supportive comments. As mentioned in recent press
releases, the TSX has halted trading as a result of an error in one of our
financial filings three years ago, and the exchange has asked us to restate
all filings since, to correct, and to answer some of their questions. We
have been working diligently on this enormous task and are close to giving
all our responses. However, I do not know when they will lift the halt. In
the US the trading has not been affected on the OTC. (The Ontario Securities
Commission has lifted an earlier cease trade order). We are in daily contact
with the TSX and pushing them to recognize the effect on our shareholders. I
appreciate your concern and we share the frustration in this matter. This
inconvenience needs to be cleared up and let the market resume. More press
releases are coming soon to clarify this matter further. However, the TSX
has required their approval on any PR so they make sure there are no
untoward comments being made during the halt. On the Uppgard event, we have
signed and returned to their lawyer the NDA they asked for. We are awaiting
their reply so they will allow up to be in direct contact with the other
party. They too control what we can press release.
August 31, 2021 9:00am EDT
SHERMAN OAKS, CA / ACCESSWIRE / August 31, 2021 / Petroteq Energy Inc. ("Petroteq" or the "Company") ??(TSXV:PQE; ?OTC PINK:PQEFF; FSE:PQCF), an oil ?company focused on the development and implementation of its proprietary oil-?extraction and remediation technologies, announced today that the Company has received proof of funds from the undisclosed bidder who was previously disclosed as being a client of Uppgard Konsult AB. The confirmation was provided by the bidder indirectly through their Canadian legal counsel, Gowling WLG (Canada) LLP.
The confirmation consisted of a swift message from The Royal Bank of Scotland, containing a swift confirmation in the amount of €120.000.000. The Company had requested confirmation of proof of funds as a condition to negotiating and executing a non-disclosure agreement with the bidder so the bidders identity could be disclosed to the Company and the parties could discuss a potential transaction.
Neither Uppgard Konsult AB nor the offerer has made any filings in relation to the offer under the ?Securities Exchange Act of 1934, as amended, or under applicable Canadian securities legislation.?
Shareholders are encouraged to do their own due diligence prior to taking any action.?
There can be no assurance that any transaction with the bidder will be completed as proposed or at all. Completion of any transaction will be ?subject to applicable director, shareholder and regulatory approvals.?