Post by
deepoil0808 on Aug 13, 2022 11:55am
Licenses to NetOil and Cantone demonstrate commericability
I believe that NETOIL was referred to PQE by Viston and, that PQE in return did a goodwill gesture by having Cantone take up similar license.
The licenses are desgined to show the commerciability to the CFIUS reviewers of the IP beloning to PQE and to whom it will be licensed and used in:
Iraq
Libya
Utah
Florida
New Jersey
I believe that the goodbye and thank-you news releases was prepared for CFIUS, a summary of the operations so that they can close their file properly.
You can see that PQE and VISTON are working together in getting this deal done.
In exchange for the Cantone license, which I think Cantone did more as a favor than as a need, given that he trades stocks, he will be rewarded with PP at end of August 2022, which funds he can use to construct plant for license.
Everyone wins, including shareholders
My personal opinion.