Post by
deepoil0808 on Jul 16, 2022 12:00pm
My two cents
I believe that there is an anonymous third party whom is interested in the Petroteq technology and whom does not want to be identified for whatever reason.
This third party is the one providing the funds to Uniexpress for the buyout. They are using a bank that has a virtual office.
This third party is using Viston through the Canadian subsidary to make the acquisition. Viston is reputable, has outstanding individuals on their staff which won many prizes in Europe for clean technology. Rock at Viston is guaranteeing the loan, to be eventually replaced with a bond from Ergo (once official documents are done).
Investigation is being done by CFIUS because of confusion surrounding source of funds and ownership. They want to make sure that it is not Chinese or Russian funds.
Once deal is done, Petrotec will owe the funds to Uniexpress, whom owes the funds to third parties.
Uniexpress deals with 15,000 institutions, some of the wealthiest people whom are looking to place their money.
For example lets say the financier is Exxon who is going through Uniexpress so as not to tip off the competition or, maybe a Bill Gates whom does not want others to know of this technology at this moment so as not to cause a bidding war.
There is a reason for being Anonymous, of course when you are too secretive it raises questions but there is a reason for all of this hush.....
Out of all the people in the world, Cantone would know for sure as he is very close to the company. And he is a buyer of this stock.
My two cents
Comment by
BigDaddy17 on Jul 16, 2022 1:42pm
That's a lot more believable than Malpeque's tinfoil hat theory. I could definitely see it being a larger player purchasing by proxy.