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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

Post by deepoil0808on Aug 25, 2022 10:13am
184 Views
Post# 34919594

VISTON will get 90% tendered and will make PQE PRIVATE

VISTON will get 90% tendered and will make PQE PRIVATEThe CFIUS rejection is actually a blessing for VISTON as they will be able to hit their 90% + in tendered shares, which is sufficient to make PQE private. 

Once it is private it is off the CFIUS radar in the USA, as it is a Canadian company only.

VISTON can then license out the Utah lands to say Cantone.

VISTON can then take IP and use it around the world.

CFIUS would not be able to review private company in Canada.

My personal opinion, 
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