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Petroteq Energy Inc V.PQE.H

Alternate Symbol(s):  PQEFF

Petroteq Energy Inc. is a clean technology company. The Company is focused on the development, implementation and licensing of a patented, environmentally safe and sustainable technology for the extraction and reclamation of heavy oil and bitumen from oil sands and mineable oil deposits. The Company's subsidiary, Petroteq Energy CA Inc. (PCA), is engaged in the business of exploring for, extracting and producing oil and hydrocarbon products from oil sands deposits and sediments located in the Asphalt Ridge area of Uintah County, Utah. The Company specializes in oil production with ancillary offerings in mining and sand remediation. The Company's clean oil recovery technology (CORT) is used at its Asphalt Ridge Plant to extract and produce crude oil from oil sands utilizing a closed-loop solvent-based extraction system.


TSXV:PQE.H - Post by User

Comment by Malpeque2on Sep 01, 2022 10:05pm
235 Views
Post# 34937186

RE:RE:RE:RE:RE:RE:Shareholder Rights

RE:RE:RE:RE:RE:RE:Shareholder RightsThis one had an offer over $400M Euros cash on the table.     This one had a market cap of over $200M Canadian right before the deal died.     This Petroteq is a farr cry from a penny stock,  to use your words.   This one had the legit lawyers and Kingsdale involved in the "offer",  and the lawyers and Viston as the "offerer",   plus maybe the auditors,  and the former and current officers and directors.

THere are a whole host of potentially responsible parties  here to go after,   some whom have more money than others.........That is what the courts and the law and "discovery" are for.   

THere is no doubt that a judge would grant certification of the class and discovery for the class,   both because of the size and speed of the decline...........at that point the Securities Class Action lawyers and shareholders are well more than half way home!!

Stockshck must be a party to one side of the deal or the other to agrue against what any reasonable shareholder should do. 
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