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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 ScarletSpideron Apr 27, 2023 8:28am
191 Views
Post# 35416511

RE:RE:I Am Now Officially Writing This One Off

RE:RE:I Am Now Officially Writing This One OffYeah the Tsx Venture regulators are useless that's for sure. The thing about stocks is that as long as companies comply with the exchange filing requirements they can get away with a lot of things. Unless they either don't comply or are flaggerrntly breaking rules nothing happens. This has a cease trade order on the exchanges in Canada but traded over the counter which I tend to avoid companies doing that. All stocks actually are gambles but the riskiest are the penny small caps. I should have dumped more shares than I did but thankfully I dumped a decent amount still have 4000 shares doing absolutely nothing still reflecting a .015 share price or $60 gross $50 when adjusted for sell commission which I will simply minus from my portfolio worth. If this goes down I lost about $346 (all Canadian) total better than nearly $560. Who knows maybe this starts to trade again and actually does something but as it stands looks like a write off to me.
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