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Bullboard - Stock Discussion Forum 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... see more

TSXV:PQE.H - Post Discussion

Petroteq Energy Inc > Viston to close deal today / Waives CFIUS requirement????
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Post by deepoil0808 on Jun 17, 2022 9:39am

Viston to close deal today / Waives CFIUS requirement????

Looks like that Viston will close the deal today at 74 cents Canadian.   

I believe that their lawyers told Viston to waive the requirement for CFIUS approval as the vast majority of the applications filed are all approved.   There was 1 rejection in 47 years. 

I believe that Viston has tallied up all of the tendered shares and it must be over 90% so no need to wait any longer.

PP to Anthony Cantone will be cancelled by Viston as they will pay the fine themselves. 

Also prevents shareholder meeting from voting on anything they do not agree with and, helps in their search for a CEO only themselves getting a vote. 

Good Luck,

My personal opinion,
Comment by bayoubucks on Jun 17, 2022 9:55am
Sure hope you're right!  Makes sense so they can get on with monetizing the technology while the market is hot. 
Comment by YouLieTransit on Jun 17, 2022 12:42pm
This post has been removed in accordance with Community Policy
Comment by thegreattimario on Jun 17, 2022 2:32pm
Is management trying to screw up this deal or are they really just that stupid.lol oh well i guess i should of just sold my shares as soon as it started trading again.