Member Info for parmxz

@grappa, no, not at all. It is just an admin issue.

@vauch, more than 300% from last 3 or 4 days (reached 400% at some point today from last 4 days.)

You can't buy on HL because TSX has halted Petroteq trading for now. OTC is only option. You may try in Interactice Brokers if you got the account.

Looks some rumours of Ecoteq Energy buying PetroTeq.

In the RNS, they say "Company's 100% owned subsidiary, Greenfield Energy LLC's ("Greenfield")". Does it mean Valkor has transfered their 50%? Isn't it based on funding confirmation Tom will own 100% of Greenfield and Valkor taking ~29% of Tom? Can someone explain me about this? I don't remember seeing any RNS stating the trasnfer of Valkor's 50% to Tom.

@vauch, it is not same. Viston didn't provide the required informaitona s part of the application. The application itself was rejected. The final CFIUSdecision was not concluded. The responsibility was on Viston's end to provide the required details as part of the application.

@vauch USA didn't block PQE deal. Viston withdrew the application.

Thanks @AJ for the clarification.

I believe it is ~29% if the funding is secured. I also heard Steve Byle stating 25%. More confusion now.

That sucks.

@elir71, its not failed. Its likd the initial application has been rejected. They may need to re-apply or go withus CIFUS

REJECTION OF A NOTICE OR DECLARATION

Under 31 C.F.R. § 800.406 and § 800.504, and § 802.404 and § 802.504, CFIUS may also reject voluntary notices or declarations in certain circumstances, such as when the voluntary notice is not complete, when the parties do not respond to follow-up information requests within the required time frame, when there is a material change in the transaction, or when material information comes to light that contradicts information provided in the notice by the parties.

Anyone know what happened with the legal proceedings?

Did anyone notice that on Yahoo? TMCGF

@QuantumStar, dream shattered ! ! !? Why do you think so? Nearly 50% of CFIUS applications go into review. This is anticipated.

@vauch, not expecting the PQE deal to go in 5 weeks. I am antipacting another extension. We haven't heard anything so far about the filing. And the process generally takes 45 days after the filing.

to April 14, 2022

@Quntum, I think what he meant was your screenshot shows only the buying transaction. It doesn't have the selling transaction. The selling transaction is expected at 42p (CAD to GBP conversion). Until we see that we won't know if its concluded or not. Only after Feb28th, we will come to know.

From the recent report, they mentioned about the finance - Secure blended funding, optimising capital structure funding. I just quickly googled to know about Belended funding/finance.

Check the Wikipedia. Its combination of public/private funding to support Sustainable Development Goals (SDGs). Some philanthropic funds. SDSs are set by UN aruging for trillions to implement Paris Climat accord.

Tom's BoD must be working on securing partial public funds and partial private funds from companies who set aside some % of equity towards achiving the environmental goals.

@elir71, msar product could be made. I think Greenfield is not going to produce just bioMSAR prodict. Other products may need refinery.

@dazzle, do you think its good time to enter QFI?