Member Info for JoeYangtze

https://www.dailyscanner.com/petroteq-energy-restarts-new-oil-production-plant-doesnt-require-environmentally-harmful-wastewater/

https://twitter.com/qfiplc/status/1423593040141328384?s=21

https://twitter.com/PetroteqI/status/1423575377486786561?s=20

Minimil, I knew you were a deramper from the beginning, because you know nothing about Greenfield/Valkor/Tom.

Filtered like all idiots

https://www.bundesanzeiger.de/

"Balmoral Investments Limited

Leeds

Voluntary public tender offer to the shareholders of Petroteq Energy securities identification number A2DYWC, ISIN: CA71678B1076

Balmoral Investments Limited, Leeds, offers the shareholders of Petroteq Energy to acquire its shares (WKN A2DYWC, ISIN: CA71678B1076) at a price of EUR 0.66 per share. The offer is limited to 3,000,000 shares. For larger quantities, please inquire. Minimum purchase: 1,500,000 shares. In all other respects, acceptance shall take place in the order in which the declarations of acceptance are received. The offer ends on 03.12.2021, 18:00. (CET)

The public tender offer and the purchase contracts concluded on this basis are subject to German law. This Offer is not directed to shareholders in any jurisdiction in which such Offer violates the laws of such jurisdiction.

Shareholders wishing to accept the Offer are requested to declare this to Balmoral Investments Limited, 114 Burley Road, Leeds, West Yorkshire, telephone: 0044-113 868 0834, e-mail: Info@offerbalmoral.com, no later than 03.12.2021, telephone: 0044-113 868 0834, e-mail: Info@offerbalmoral.com, and to transfer the shares to the custody account of Balmoral Investments Limited. The purchase price will be transferred immediately after receipt of the shares to a bank account to be designated by the shareholder. Leeds, 02/08/2021

Balmoral Investments Limited

Minimil, you try and sound clever, however, your post demonstrates a complete lack of understanding on Greenfield/Valkor and TOM. I will give you a clue. Valkor are a very successful Texas-based engineering private company run by Stephen Byle. You can reply if you like, but I see no reason to try and make see reason, so will not reply.. I suggest you are a weak de ramper.

Agreed grappa. No placing.

Utah oil sands being noticed on USA morning TV.

https://www.youtube.com/watch?v=yNQMU8VZ2LM

Suit yourself. Carry on with your theories. Logically, finance on this scale will not be left to this late hour. Valkor will have it arranged months ago. TOM will have taken no part even as a 50% partner in Greenfield, except agreeing to it. Finance is arranged by Greenfield, not TOM. Try and think logically.

JP is incapable of writing a sensible rns. If they are still looking for funds at this late stage he should not be CEO. All the work is being done by Valkor, who have the connections in the USA. Stephen Byle who owns Valkor is a very successful businessman, based in Texas. There will be no placing. The DD on the lease is the final piece of the jigsaw. Relax.

From Damac, a T1 holder. Well, it is a bit late now to talk about funding. Go back through previous rns’s.

No

'Conditional site purchase arrangement' RNS from 9th June states:

"Pursuant to the terms of the Agreement, Greenfield has paid a non-refundable deposit of US$200,000 to secure a 90 day period to undertake due diligence and an exclusive option for up to 120 days to acquire an initial 10% of the Membership Interests . Greenfield can exercise its right to acquire an initial 10% of the Membership Interests for cash consideration of US$2 million (against which the deposit shall be credited) on or before 1 September 2021. Following completion of the acquisition of the initial 10%, Greenfield will then have an exclusive option, at its sole discretion, to acquire the remaining 90% of the Membership Interests for additional cash consideration of US$15.25 million, if acquired on or before 31 December 2021, or US$16.25 million if acquired between 1 January 2022 and 31 December 2022. Greenfield has the right to unilaterally terminate the Agreement at any time during the initial 120 day period from its execution for no penalty save for forfeiting the upfront US$200,000 deposit. The Agreement also contains certain commercial and other representations and warranties between the parties customary for a transaction of this nature.

There can be no certainty that Greenfield's due diligence exercise will be satisfactory or that the required funding can be secured to complete the acquisition of a 100% Membership Interest and further announcements will be made as and when appropriate."

Therefore, assuming that all is well with due diligence, Greenfield will be looking to purchase the initial 10% of Tar Sands II by the 1st September. The money required for this is already in the bank and waiting to be used, no funding is required for the initial 10% purchase. The remaining 90% can be purchased anytime before 31st December 2022.

This is where you have to apply logical thinking, something the clowns on the other thread are incapable of.

Ask yourself the question....If you were controlling Greenfield, would you spend $1.8m purchasing 10% of Tar Sands II without knowing that you have an agreement in place for the follow on funds to construct & commission the plant? If you would, it would be a very large risk to take and not one that I think anyone in the Tomco/Valkor set up would consider.

Therefore, that is why my opinion, expectation, gut feeling (call it what you want) is that the 10% of Tar Sands II will not be purchased without agreement in place for the follow on funding. In my opinion, if Greenfield make the 10% land purchase by 1st September then it can be taken as read that the follow on funding has been agreed. The follow on funding may not be announced by 1st September (for whatever reason) and as such it would be stretch to assume that Tomco/Valkor/Greenfield has failed

I did post it. It was very long, I think it may have been removed

Details, not derails in my previous post. Apologies.

Minimil, read Damac on advfn, then you will have the derails on the funding, and you need not bother with hypothetical funding/profit targets. Greenfield have been working on this for months. A bit late to start now with trying to get funding within a month. Relax it is all in hand.

Fadec, they have been working on this for months. The finance is arranged, just waiting for the DD on the lease to be finalised. There are several options for funding.

No placings. It will be financed.

It would help if the BOD started publicising the Company. Announcing what is startling good news for such a small company.

You may well be surprised then minimil.