Member Info for vauch

Sent message to hl asking for them to put my vote forward. I only hold a mill now but want them out

Is their a possible fine for this mistake coming our way ?
I see it as trying to clear up the mess before new directors are appointed to show how crap this lot are.
can the directors be sued for lack of due diligence ?

Well with the current bunch of crooks that have managed to pull it into the ground while taking chunks of pay for feck all then issue more shares to fill the pot for next years checks.
I for one will give it a go with another crew.

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.?

Tully.
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.?

Petroteq Receives Confirmation of Proof of Funds From Bidder

next week's webinar? We will be joined by Zephyr Energy (ZPHR)
Wonder if PXEN. will be talked about

Plugin, I don't think we will see a placing at this time.
But the price is being held back by MMs that i'm sure, but once the land deal is done then it hopefully will be let go and find the next level.

Dazzle, many thank for the informative info.

Thanks for the info, I note the trading of PQU is still going on the USA exchange and taking a real hammering

One day it will.

Best they start to look for another job as at EGM the lot will be sacked by us holders.

Exactly mini, and the co is paying 10% down and the remainder at a fixed time.
Even a div can see the comparison.
Never mind enjoy smashing that ball around the course.

As do I of you Mini, expected better.

Mini, I don't get you, it is like you have purchased a house put down 10% deposit and now you sit in the corner that you have paid for.

Mini, when you buy a car on tick you can still drive the car even though it is not paid for in full.

Mini .LOL

Mini you still forget the land only needs a 10% payment and defer the rest until the latest date to pay by that time the plant should be up and running so the sight will pay for itself.

Well your worst was an essay and you best was a 2 liner so not much effort put into your best.

Dam, Craggs you beat me to it