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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 CerealKilleron Jun 27, 2022 1:44pm
124 Views
Post# 34785141

RE:No Antitrust issues and No National Security issues

RE:No Antitrust issues and No National Security issues
deepoil0808 wrote: On February 9, 2022, Viston announced completion of two key regulatory milestones – namely: 

The Hart-Scott-Rodino Act (the “HSR Act”) waiting period expired on February 4, 2022. The HSR Act is a key U.S. antitrust act that enables the Federal Trade Commission and the Department of Justice to review proposed merger transactions by requiring the parties to observe a waiting period before closing their transaction.


The initial review period under the Investment Canada Act also lapsed on February 3, 2022, with no national security related notice being issued, thereby allowing the Offer to proceed under the Canadian foreign investment rules. The company announced on February 28, 2022 and confirms that it is willing to assist Viston with its CFIUS filings.

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If there is no National Security issues in Canada, I presume that it will be the same in USA.

BTW, the supply of shares on the market comes from the exercise of options, warrants and convertible debt into shares of PQE which are then sold on the market. 

Most people do not have the funds to double buy meaning shares + exercising of warrants and options and, those with debentures want their loan repaid as they are not to speculate on markets.    Once these are done, I expect a strong rally. 

My personal opinion


Look at his posting history and what DeepOilyHiddenSecrets is invested in - despite his lengthy fabrications he never wins. DeepOilyHiddenSecrets is absolutely the worst investor on Stockhouse.
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