Member Info for orslega

So in précis they have:

- had subscriptions for stock of around US $4.4M from 35 individuals and

Upto $12.8M in a loan facility from Bay Private equity at 10% interest rate

With a few sweeteners along the way.

This chunky financing from an unconnected party - most of it is unsecured so they must be happy about Petroteq future.

Money targeted for more land grab - that's the second land in literally no time - a smart move before landowners start looking for substantial premiums for their land as Petroteq technology proves itself.

All the signs are pointing to success in Utah sands - we should know soon enough.

"to create a technology consortia’s for remediation, and reclamation projects"

Enter Eddie Gonzalez - appointed as advisor to Petroteq recently, we now know why = Mayan = Mexico opportunities

“While we believe we are in the early days of blockchain application in the energy industry, the potential for PetroBLOQ’s blockchain principles to create a technology consortia’s for remediation, and reclamation projects is equally as compelling. We anticipate that as interest grows in leveraging Petroteq’s proprietary technology for surface oil sands mining, the remediation and cleaning of contaminated sites and oil waste reclamation will come to the forefront. We expect that the integration of technologies provides the possibility of creating long term investments in the profit potential of something as game changing as blockchain,” stated David Sealock, CEO of Petroteq.

https://content.equisolve.net/petroteq/news/2018-08-17_Petroteq_Announces_Engagement_of_Development_Firm__285.pdf

sold just 6 shares?!, lol

Aug 15, 2018 (NetworkNewsWire via COMTEX) --

New equipment, Cavitation Technologies agreement boosting efficiency as Petroteq launches environmentally friendly operations

Company awaiting word on its application to uplist to Nasdaq Capital Market

Petroteq expects to begin production at 1,000 barrels per day and ramp up to 8,000 barrels within about two years
Petroteq Energy Inc. (tsx.v:PQE) PQEFF, -7.38% (PQCF), a company actively proving its environmentally friendly, proprietary oil extraction technology, has announced the completion of continuity testing as it builds up to full capacity extraction of 1,000 barrels of oil per day utilizing the technology at its Asphalt Ridge facility in Utah's desert tar sand-rich desert.

The company is now making final arrangements for continuous operations and marketing activities, refining its techniques for more efficient production in part through an agreement with Cavitation Technologies, Inc. (otcqb:CVAT) that aims to keep...

https://www.marketwatch.com/press-release/petroteq-energy-inc-tsxv-pqe-otc-pqeff-approaches-full-capacity-oil-extraction-in-test-of-proprietary-closed-loop-technology-2018-08-15

Cold be great timing

https://oilprice.com/Energy/Gas-Prices/Are-Natural-Gas-Prices-About-To-Break-Out.html

https://oilprice.com/Energy/Energy-General/All-Time-Low-Spare-Capacity-Could-Send-Oil-To-150.html

.....really nothing unusual.

Ignore the negative noise there is SO MUCH to look forward to imo

Another (last chance) buying opportunity, lol

Technicals:

Petroteq Energy Inc (PQEFF) Ichimoku Reading Shows Above the Cloud

Posted by ONJ Staff on August 15, 2018 at 8:51 am

Petroteq Energy Inc (PQEFF) shares opened the last session at $1.3250, touching a high of $1.3800 and a low of $1.2300 , yielding a change of -0.13. The latest reading places the stock above the Ichimoku cloud which indicates positive momentum and a potential buy signal.

blue afternoon : )

a few traders getting impatient - imo makes no sense too sell now with news on many fronts so close. Each to their own.

For sure, they'll be back when the news arrives along with the herd close behind, paying a much higher price - such is AIM.

Some profit taking yesterday - hardly surprising PQE has a very good ride these past 3 weeks. Part of usual consolidation you'd expect before next leg up.

Need to keep an eye on this - should be very valuable addition to Mayan investment.

"PetroBLOQ aims to have the ability to offer Pemex and other companies in the oil and gas industry the use of a supply-chain system, once it is fully developed."

http://www.insideoilandgas.com/index.php/news/63-petroteq-energy-announces-pemex-as-first-member-of-petrobloq-global-blockchain-industry-consortium

PR continues

https://www.marketwatch.com/press-release/networknewsbreaks---petroteq-energy-incs-tsxv-pqe-otcqx-pqeff-asphalt-ridge-facility-and-operations-well-received-by-local-community-2018-08-14

gmcc - I was referring to the RNS which states that the latest deal date was extended to 22/8; i.e. a week away.

We should get an update either way. Either the legals are taking longer or they're not.

Lets see.

RT AlignResearch "Ref Mayan Energy #MYN Feels like the stock finally wants to go better after 3 hard moves of selling. Per our piece here re-rate potential on production numbers moving to 1st target of 300 likely to be material - http://www.alignresearch.co.uk/mayan-energy/mayan-energy-simple-sotp-illustrates-current-opportunity/ …"

Now

"Mayan has entered into a revised Sale & Purchase Agreement to extend the due diligence and completion period until 22 August 2018.This is to ensure clear title can be passed across with all necessary permits and approvals in place to enable immediate work-overs and production to commence from the target well packages. The Company will update investors once these conditions have been satisfied."

Note - immediate work-overs and production to commence. Am expecting news within the week : )

Yep, nice consolidation last couple of days - add in production news due anytime = whoosh for both companies.

Looks like we are at long last now in breakout territory.

https://twitter.com/hashtag/MYN?src=hash

Lets get some fundamentals now to support : )