TSXV:PQE.H - Post by User
Post by
deepoil0808on Aug 11, 2022 10:38am
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Post# 34888168
PQE news release final update prior to closing the deal
PQE news release final update prior to closing the dealPQE press release was an update prepared for Viston and, for the shareholders. It is also a thank-you and a goodbye letter from PQE prior to the deal being closed.
I think that Viston and PQE must have received verbal confirmation that CFIUS will approve the transaction and that the SEC file is closed.
The press release details the economic value of PQE intellectual property and it commerical value. These values were at a discounted value. VISTON gets the whole over the years, not at discounted value.
Plus the license deals will generate SIGNIFICANT RETURNS to VISTON making their acquistion less risky.
I am expecting CFIUS news anyday. It does not have to be August 22.
VISTON may accelerate the buyout period by waving the rest of the conditions and changing closing date to say August 23, 2022.
Congratulations to everyone,
So much for a scam....lol