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re: Pqeff: The Future of Refining Sand Wells

Posted on 6/15/22 at 5:08 pm to
Posted by tenderfoot tigah
Red Stick
Member since Sep 2004
10442 posts
Posted on 6/15/22 at 5:08 pm to
quote:

The baws are in txtm right now


What is TXTM?
Posted by tenderfoot tigah
Red Stick
Member since Sep 2004
10442 posts
Posted on 6/15/22 at 5:09 pm to
You crushed it with PQEFF. I'm all ears.
This post was edited on 6/15/22 at 5:10 pm
Posted by el Gaucho
He/They
Member since Dec 2010
53254 posts
Posted on 6/15/22 at 5:26 pm to
The worlds largest weed farm is reverse merging with a penny stock and will uplist to nasdaq soon!
Posted by ThermoDynamicTiger
Baton Rouge
Member since Jul 2008
1289 posts
Posted on 6/17/22 at 10:49 am to
Extended again. I think this may be the last extension. Viston must really want this tech, because Petroteq is doing everything it possibly can to F this up. Idiots running that company. I don't think there is any room for errors or further surprises from Petroteq.

LINK
Posted by Diseasefreeforall
Member since Oct 2012
5594 posts
Posted on 6/17/22 at 11:16 am to
quote:

Extended again. I think this may be the last extension. Viston must really want this tech, because Petroteq is doing everything it possibly can to F this up. Idiots running that company. I don't think there is any room for errors or further surprises from Petroteq.


They've gotten publicly slapped down by both the SEC and Viston in the last week and assigned a babysitter by the SEC. Even for the OTC they are an exceptional bunch of retards. The biggest risk now has to be CFIUS extending their review into a final 45 day investigation period after July 7 and giving Petroteq management time for more shenanigans.
Posted by ThermoDynamicTiger
Baton Rouge
Member since Jul 2008
1289 posts
Posted on 6/17/22 at 11:34 am to
Yea, Is that likely considering Viston wants to take it private? I think oil prices and energy supply chains are definitely helping keep this on the table.
Posted by Diseasefreeforall
Member since Oct 2012
5594 posts
Posted on 6/17/22 at 11:44 am to
quote:

Yea, Is that likely considering Viston wants to take it private? I think oil prices and energy supply chains are definitely helping keep this on the table.

The SEC can't hold up the deal but Viston will have to make sure some of the SEC's remediation demands are met, paying the fine and amending incorrect quarterly and annual reports filed in the past. So Viston will need to be satisfied Petroteq is taking care of that.

As for CFIUS, according to a 2020 report, almost 50% of reviews go into the second 45 day period but Viston also did the more superficial 30 day review first in January so that may give them a better chance of wrapping it up before July 7 but we'll see. Just a typical OTC rollercoaster.
Posted by DawgCountry
Great State of GA
Member since Sep 2012
30596 posts
Posted on 6/21/22 at 6:37 am to
quote:

The worlds largest weed farm is reverse merging with a penny stock and will uplist to nasdaq soon!


I’ve been reading up. Conference tomorrow. You in?
Posted by el Gaucho
He/They
Member since Dec 2010
53254 posts
Posted on 6/21/22 at 6:58 am to
Got like uhh

A lot

Still got my Pqeff
Posted by WDE24
Member since Oct 2010
54184 posts
Posted on 7/8/22 at 8:06 am to
CFIUS decision pushed to August 22nd.

LINK

quote:

On July 7, 2022, Viston and the Offeror received a letter from the United States Department of the Treasury providing notice that CFIUS is undertaking an investigation of the Transactions pursuant to Section 721(b)(2) of the DPA and that the investigation would be completed no later than August 22, 2022. Viston and the Offeror currently intend to extend the Offer to a date after August 22, 2022 in order to allow additional time for the satisfaction of all of the conditions to the Offer. Viston and the Offeror are currently evaluating the timing of such an extension and expect to issue a further update once Viston and the Offeror have determined a new expiry date for the Offer, if any.
This post was edited on 7/8/22 at 8:08 am
Posted by DWaginHTown
Houston, TX
Member since Jan 2006
9884 posts
Posted on 7/11/22 at 9:11 am to
Has anyone checked their account for the tendered shares? Mine is showing $0.00 value now.

This is on etrade.
This post was edited on 7/11/22 at 9:40 am
Posted by DawgCountry
Great State of GA
Member since Sep 2012
30596 posts
Posted on 7/11/22 at 9:21 am to
I have my shares tendered on Vanguard, and was going to buy more now that is almost back to my original price, and it says I can no longer purchase this security. I guess they have changed their policy since I last purchased it. What is everyone else using?
Posted by Diseasefreeforall
Member since Oct 2012
5594 posts
Posted on 7/11/22 at 10:21 am to
quote:

Has anyone checked their account for the tendered shares? Mine is showing $0.00 value now.

This is on etrade.

Yeah that happened to me both times I've tendered. The cost basis eventually returned.

There are a much better brokers than Vanguard for OTC stocks. I've used Schwab, Interactive Brokers and Etrade and Etrade is easily the best for the OTC.
Posted by molsusports
Member since Jul 2004
36153 posts
Posted on 7/11/22 at 10:27 am to
quote:


I have my shares tendered on Vanguard, and was going to buy more now that is almost back to my original price, and it says I can no longer purchase this security



Vanguard recently stopped allowing the purchase of many otc stocks. If the ticker symbol ends with a F they may no longer allow you to buy through them.
Posted by DawgCountry
Great State of GA
Member since Sep 2012
30596 posts
Posted on 7/11/22 at 1:26 pm to
good to know. thanks
Posted by Lightning
Texas
Member since May 2014
2304 posts
Posted on 7/11/22 at 2:40 pm to
Cantone is still buying LINK

He bought more than a million shares in the past month so he must feel pretty good about it.
Posted by white perch
the bright, happy side of hell
Member since Apr 2012
7160 posts
Posted on 7/11/22 at 3:10 pm to
quote:

Cantone


Who is this and why is he buying more?
Posted by el Gaucho
He/They
Member since Dec 2010
53254 posts
Posted on 7/12/22 at 7:17 am to
Cantone probably owns like 25% of the shares

He was putting in like 100k a day at one point

Y’all think Etrade will ever assign a dollar value to tendered shares again?
Posted by ThermoDynamicTiger
Baton Rouge
Member since Jul 2008
1289 posts
Posted on 7/12/22 at 8:54 am to
Should I get out now or are we still fairly confident that this will work out?
Posted by WDE24
Member since Oct 2010
54184 posts
Posted on 7/12/22 at 9:11 am to
Yes
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