Petroteq Energy Inc V.PQE.H

RE:RE:Press release June 14 2023

[ScarletSpider]

I cant make heads or tails about the site it isnt that user friendly but i did check it out. What do you make of that filing? From my recollection even though i didnt want to speak of it due to first off trying to fully understand what is going on and needing to read carefully and secondly remember correctly it looked like the company was withdrawing from various exchanges if i am remembering and understanding correctly. I do not want to spread misinformation and my hesitation to have said what i just did. But if you have accessed the file what are your thoughts here? If the company is withdrawing and putting its house in order not entirely starting from scratch (hopefully) it will not only reorganize its team but fix the share structure to the extent it does not decide to underwrite new shares but considers possibly consolidating as needed and the priceed in whichever way in accordance to the intended exchange(s) if the company is looking at the near 1 billion to 2 billion outstanding does a 100 to 1 consolidation at a last or considered/deemed price of a penny that would pit it at a $1.00 then list on the TSX. The share structure is ugly. The company learnt you cant try to trade as though you are crypto that went nowhere so better simply to take the bitter pill consolidate and move accordingly. Now if they chose to consolidate on a lesser than 100 to 1 say 20 to1 if i am dping the math correctly that is 50 million shares on 1 billion 100 million on 2 billion at a price of .20 then land on the Venture until they can get to a $1.00 level then do that. What leaves me scratching my head is why the heck did it not just consolidate not waste all this time properly restructure get rid of people who wull create problems and more adequately handle its affairs? 

Now there are always possibilities here and the need to get the house in order but whether all of this will end up favorable to us is a 50/50 probability. If whoever successfully gains control be it Vladimar and he has a strong proper backing and these guys have any conscience they will remain a publicly traded company that will restructure without underwriting new shares if they have no conscience they will do anything otherwise but for as long as there is interest for the company to exist we still have a faint chance to get back in the "game" and take whatever money we can recover hopefully the company with us thrive.

In any case time will tell where all this ends up lets see what 2024 brings and if all this is favorably to us up and running. Lets see if it can be done up to and including no later than March that would be great. Maybe thats ambitious but if that happens awesome. If it doesnt trade in the coming year i will consider it most likely done but will hold out until end of 2025 after which i will just most likely remove it from my holdings. I think 2 years to get things done is plenty.

Fingers crossed putting it strongly out there this trades favorably for us in 2024 up to including March but like i said time will tell all things and i hope my feel towards Vladimar is not misplaced he seems like a decent man one with a conscience it was his company now he needs to right this ship honorably and while doing so be empowered to succeed. Happy New Year everyone. Thanks stockshack for the response. Best wishes to everyone with all their investments and with all aspects of your lives...wishing all the very best of health wealth prosperity and long life filled with lots of love and all that your hearts desires.