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Started By
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re: Pqeff: The Future of Refining Sand Wells
Posted on 8/23/22 at 1:09 pm to DawgCountry
Posted on 8/23/22 at 1:09 pm to DawgCountry
Good Lord what is taking so long
Posted on 8/24/22 at 1:00 pm to ThermoDynamicTiger
Biden saw my name on the list
Posted on 8/24/22 at 1:06 pm to el Gaucho
Got to think something is released after hours today, right?
Posted on 8/24/22 at 2:07 pm to el Gaucho
Pull yourself together man!
Posted on 8/24/22 at 4:11 pm to el Gaucho
Dang rip what does the press release mean
Posted on 8/24/22 at 5:16 pm to el Gaucho
quote:
On August 22, 2022, the United States Department of the Treasury notified the Offeror and Petroteq that CFIUS has rejected the Notice. Viston and the Offeror are currently assessing their options.
Posted on 8/24/22 at 5:23 pm to DawgCountry
Where is disease free for all
Posted on 8/24/22 at 5:34 pm to el Gaucho
quote:
Where is disease free for all
Right here. I sold some Monday but I should have sold more so likely a dumb move in the long run. That's what I get for thinking I had inside info about sentiment regarding the deal from conversations I had with Petroteq brass.
Sounds like Viston either fricked up the filing or filed something that CFIUS found out was bullshite.
The question now is whether Viston wants to move forward with taking a chance on closing the deal without CFIUS approval. I don't see them going through the CFIUS process again because Petroteq will definitely dilute more while that's happening because they need cash.
This post was edited on 8/24/22 at 5:36 pm
Posted on 8/24/22 at 5:36 pm to Diseasefreeforall
I shoulda sold at 40 rip
Posted on 8/24/22 at 5:38 pm to Diseasefreeforall
You think there’s any chance this still goes through
Posted on 8/24/22 at 5:40 pm to el Gaucho
quote:
I shoulda sold at 40 rip
Yeah, I thought about dumping it all for a 7 cent profit when it hit 27 cents last week but stopped when dropped back down to around 22 cents just after. I'm not saying it's over for good but it's looking bleak and pigs get slaughtered. I'm expecting the bids to open around 12 cents tomorrow.
Posted on 8/24/22 at 5:43 pm to el Gaucho
quote:
You think there’s any chance this still goes through
I think there's a chance, Viston has stayed for this long, it's been over a year since their first bid for 120 million euros worth of shares, but if they bypass CFIUS the govt can scuttle the deal and if they try CFIUS again Petroteq will dilute while it's happening and the buyout price will rise. So the odds of it happening have gone way down.
Posted on 8/24/22 at 5:48 pm to Diseasefreeforall
But Pqeff is Canadian
Posted on 8/24/22 at 5:52 pm to el Gaucho
quote:
But Pqeff is Canadian
Edit: You are correct but they have significant operations in the US.
This post was edited on 8/24/22 at 6:01 pm
Posted on 8/24/22 at 6:05 pm to Diseasefreeforall
Idk it’s gonna crash tomorrow
Hope they say something
Hope they say something
Posted on 8/25/22 at 8:33 am to el Gaucho
So do we still think the tech is valid? If so, should I take my gains and get back in when it hits a nickel?
Posted on 8/25/22 at 9:05 am to WDE24
Bruh
Cmon man
Cmon man
This post was edited on 8/25/22 at 9:08 am
Posted on 8/25/22 at 11:06 am to el Gaucho
Well shite this isnt any fun Its only a loss if you sell so Ill just hang out and see what happens next.
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