Petroteq Energy Inc V.PQE.H

My prediction: Viston will proceed with buyout on July 22nd

[deepoil0808]

This is my opinion and prediction only, based on my own speculation.

If I were in Vistons shoes I would proceed with the buyout as of July 22nd, 2022 at 74 cents.  I would say that they have close to 75% of the shares tendered.

My reasoning is as follows:

(a) It avoids further dilution from PP and saves Viston +/  25 million Euros.

(b) It gives them control to ensure that there will be no reverse stock split enacted.

(c) It gives them control that no CEO is hired without their recommendation

(d) It gives them control that no parachute contracts are signed or, bonus given or, shares awarded.

(e) It gives them control to remove from management those whom they want to replace and put new members.

(g) Ergo insurance contract - the real one - that will be produced will remove all risk in case of loss.

(h) It gives them a head start to start optimizing on the PQE technology.


Almost all of the CFIUS applications, including those in investigation, are approved.    There is no reason to deny this application for Viston as parties involved are with European Union, European Parliament, allies of USA.

Once they have taken control at 74 cents, they can then make a deal with the rest of the shareholders whom did not tender their shares or, they can buy remaining shares on the open market until they hit 90% ownership and, then take PQE private. 

I took no chance and called my broker to ensure that my shares are properly tendered.

Payment will be made July 26th or 27th.

My personal opinion,