Pqeff: The Future of Refining Sand Wells

So as you baws know, I like industrial plays so today I bring you one that I think will moon eventually in the next few months. I have 250k shares and have been in a couple months

Petroteq is a refining technology company that has come up with a chemical based process to refine oil from sand wells. They have this process patented in the US, Canada, and Russia. As you may not know sand wells predominate the further north you go and are the majority of wells in the northern us and Canada. We shale round here.

Traditional refining of sand well production is water based and creates a lot of toxic wastewater which as we all know is frowned upon in our glorious green communist America. Pqeffs process creates 0 wastewater, the chemicals can be reused, and the whole process pulls 15% more oil out than traditional sand refining

Pqeff has 2 wells in production currently using their process in Utah in conjunction with drilling company Tomco energy

I think pqeffs technology is going to be universal for sand oil refining one of these days and it’s pretty damn cheap right now. There’s hardly any volume currently. What originally got me interested (I got in around 11 cents) was a spike in volume caused by a Swiss company offering to buy half the float (200m shares) for 58 cents. Pqeff CEO Dave Sealock (he looks like diet John Goodman) didn’t paper hand

The offer was raised to 71 cents per share and Diet John Goodman said “AINT SELLIN I KNOW WHAT I GOT”

So here we are. Get in before the rocket ship takes off. I don’t usually go for “green plays” but the process is more efficient so I think based Diet John Goodman came up with it for that reason and the no wastewater is just a bonus