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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 > CFIUS stats data in 2021
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Post by deepoil0808 on Aug 02, 2022 9:37pm

CFIUS stats data in 2021

CFIUS conducted a “review” with respect to the 272 notices of covered transactions that were accepted in 2021.

74 of the 272 notices were withdrawn voluntairely by the applicant.

CFIUS conducted a subsequent “investigation” with respect to 130 of those 272 notices.

O those 130, 3 notices were subject to an extension under Section 721(b)(2)(C)(ii)(I) (which allows for one 15-day extension of the investigation period in extraordinary circumstances).


No notices were rejected by CFIUS in 2021

There were no Presidential decisions issued in 2021


Look at page 24

https://home.treasury.gov/system/files/206/CFIUS-Public-AnnualReporttoCongressCY2021.pdf
Comment by deepoil0808 on Aug 02, 2022 9:40pm
Correction: It was 72 cases that were withdrawn by the applicant, of which 63 re-applied later on. The cases were withdrawn before the start of the investigation as companies did not want CFIUS to investigate further into their affaires. 
Comment by Malpeque2 on Aug 03, 2022 10:51am
This CFIUS is not the only condition to completion of the tender.    What about the SEC Condition. Why don't you give us your "analysis" of that condition?