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re: Pqeff: The Future of Refining Sand Wells

Posted on 12/7/21 at 9:30 am to
Posted by Chucktown_Badger
The banks of the Ashley River
Member since May 2013
35838 posts
Posted on 12/7/21 at 9:30 am to
quote:

how did you recieve your buy out letter? email?


Mine came through my TD Premium direct messaging feature.
Posted by KCRoyalBlue
Member since Nov 2020
1909 posts
Posted on 12/7/21 at 10:54 pm to
I have my PQEFF position in Fidelity. Haven't seen anything.
Posted by jimbeam
University of LSU
Member since Oct 2011
75703 posts
Posted on 12/7/21 at 10:57 pm to
I got mail and online message
Posted by supadave3
Houston, TX
Member since Dec 2005
31802 posts
Posted on 12/8/21 at 6:38 am to
quote:

how did you recieve your buy out letter? email?


El Gaucho swung by in a van fixed up like a puppy dog and delivered it in a 3 piece suit. He had another guy with him too. They offered me a beer, but I declined because it was warm and plus I don’t drink.
Posted by white perch
the bright, happy side of hell
Member since Apr 2012
7577 posts
Posted on 12/9/21 at 1:32 pm to
I just got the buy out offer from Schwab. My cost is .30/share. They’re offering .58/share.

Is this a good deal? Should I hold?
Posted by el Gaucho
He/They
Member since Dec 2010
58514 posts
Posted on 12/9/21 at 1:41 pm to
Damn idk man

They haven’t offered me my cut yet and I’m The Godfather of Pqeff
Posted by plaric
Pike Road, Alabama
Member since Jun 2011
2268 posts
Posted on 12/9/21 at 2:01 pm to
They offered me 58 and my buyin was 16
Posted by el Gaucho
He/They
Member since Dec 2010
58514 posts
Posted on 12/9/21 at 2:16 pm to
I’d take 58 I guess

How do they make the offer? I’m in at like 12
Posted by white perch
the bright, happy side of hell
Member since Apr 2012
7577 posts
Posted on 12/9/21 at 2:39 pm to
quote:

How do they make the offer? I’m in at like 12


I got an email from Schwab. I fill out an online form from them to either sell or hold. I do have the option to sell part of my shares and hold the rest.
Posted by el Gaucho
He/They
Member since Dec 2010
58514 posts
Posted on 12/9/21 at 3:08 pm to
Can I buy more shares now and get 58 cents or is there a deadline to have them by
Posted by Pepperidge
Slidell
Member since Apr 2011
4388 posts
Posted on 12/9/21 at 3:33 pm to
Can anyone post the offer letter?


or is this false hype to create a pump and dump
Posted by jimbeam
University of LSU
Member since Oct 2011
75703 posts
Posted on 12/9/21 at 4:03 pm to
It’s a literal buyout offer.
Posted by AUHighPlainsDrifter
South Carolina
Member since Sep 2017
3215 posts
Posted on 12/9/21 at 4:06 pm to
I'm confused as to why the stock hasn't gone up, considering the buyout offer. Anyone?
Posted by Hogwallop
Member since Jul 2021
413 posts
Posted on 12/9/21 at 4:06 pm to
offer

50% of shares need to be tendered for a takeover, I doubt they get 50%.
Posted by Hogwallop
Member since Jul 2021
413 posts
Posted on 12/9/21 at 4:15 pm to
quote:

I'm confused as to why the stock hasn't gone up, considering the buyout offer. Anyone?


Management is terrible. I'm guessing nobody thinks the takeover will happen. If it doesn't happen I'm expecting more dilution.

There is a third party that is supposedly doing a valuation of pqeff now.
Posted by el Gaucho
He/They
Member since Dec 2010
58514 posts
Posted on 12/9/21 at 4:46 pm to
When Pqeff went up like 200% and Sli was up like 8 that was like the best day of my life since last white boy summer ended (feb 8th)

And that was when Pqeff only went up to 44 cents

He’ll yeah I’d take 58 cents
Posted by white perch
the bright, happy side of hell
Member since Apr 2012
7577 posts
Posted on 12/9/21 at 5:01 pm to
quote:

Can I buy more shares now and get 58 cents or is there a deadline to have them by


Posted by CarrolltonTiger
New Orleans
Member since Aug 2005
50291 posts
Posted on 12/9/21 at 5:12 pm to
I bought more today. The last day to respond to the tender is in February.
Posted by Hogwallop
Member since Jul 2021
413 posts
Posted on 12/9/21 at 5:21 pm to
quote:

Can I buy more shares now and get 58 cents or is there a deadline to have them by


you can buy now and tender for .58 until feb. You will only receive the .58 if over 50% of shares are tendered.
Posted by el Gaucho
He/They
Member since Dec 2010
58514 posts
Posted on 12/9/21 at 5:39 pm to
In theory if it worked what would happen to the rest of the shares
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