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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 > Shareholder Class Action Lawsuit needs to Happen Here!!
View:
Post by Malpeque2 on Aug 30, 2022 1:02pm

Shareholder Class Action Lawsuit needs to Happen Here!!

Anyone out there who has held the shares for a number of years who wants to consider to be the
Plaintiff?    A continuous holder for the past 2-3 years is probably the best candidate.

Let me know thru the blue "Community" tab above and send me a "messages" or just respond back here.   

Done on contingeny basis,  the lawyers only collect a fee if the Shareholders gain a recovery.
Comment by deepoil0808 on Aug 30, 2022 11:32pm
No one is going to take down your offer because PQE has NO MONEY.   You have been vocal against PQE in spewing venom for a long time, which amounts to HATE. You can speak honestly now as PQE is down to pennies or, close to bankruptcy. So why this HATE?     And do not tell me that it is because you care for others because that would involve LOVE and in your heart dwells ...more  
Comment by Malpeque2 on Aug 31, 2022 11:40am
I have been investing in Merger and Acquisition Arbitrage for 30 plus years.    NEVER seen a deal quite like this.    The "Loan Documentation" provided by the Offeror in their SEC filings looked Suspect to me.     Very little background info available on Roch and Viston,  and the bank   UniExpress. The company PQE was a broken cease ...more  
Comment by Malpeque2 on Aug 31, 2022 11:47am
Doug Worndl used to work for Siskinds.   They did the Sino Forest Shareholder Class Action.   The company went BNKrupt.    The Shareholder's collected from the Auditors.   The settlements overall where over $100M for the stockholders.      Here the loss is about $160M,  so the settlements could easily be in the $10's of millions.& ...more  
Comment by stockshack on Aug 31, 2022 1:09pm
Your lawyers are bigger scumbags than Petroteq. It's like jumping from the pot into the fire.
Comment by Malpeque2 on Aug 31, 2022 1:50pm
Totally not true.   They make recoveries.   Take usually 30% on contingency.   Only IF they win. You could also google  Morgan and Moran in the U.S.      On their webiste under Business Practices Group.    Then Shareholders/Minority Shareholders/LP's.       I don't know IF they do Securities specifically but ...more  
Comment by stockshack on Aug 31, 2022 1:59pm
It was only natural for Viston to withdrawal the bid after CFIUS rejected the takeover. There will be others and closer to home.
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