Petroteq Energy Inc V.PQE.H

Viston most probably getting funds from NETOIL

[deepoil0808]

Given the secrecy around the financing deal, I believe that the funds for the transaction are being advanced by NETOIL through Uniexpress to Viston to make the acquisition of PQE.

NETOIL will be repaid its loan as PQE builds up its pipelilne and also benefits from the license granted.

Later on, NETOIL can acquire PQE from Viston as it becomes a sub of NETOIL.

The purchase price will take into consideration the loan that was made, so overall cost to NETOIL will be minimal.

I suspect that by using VISTON the company NETOIL will not tip off the competiton and that it avoids a bidding war for the technology.

Remember that PQE traded at $ 37 per share in the past and, NETOIL gets the technology for 74 cents.

My personal opinion,