Petroteq Energy Inc (PQEFF)

[MU_Redskin1]

Looks like insider buying and stealth accumulation for the last week or so .... Cantone filed a Form 4 buying 300K shares ... I bet he is adding more to cost average down. I bought more to add to my holdings and when I saw the unusual activity notified a few buds that this is a great golden ticket below $.05, imo. www.petroteq.energy

I'm sure others are loading a few shares to a core and getting a few to trade later. Imo, this could be trading $.10-.20 soon. If they announce oil sales, etc., katie bar the door!

Cheers, Red

[Xunefox]

I’m not seeing any price movement on RBC?

[lasombra]

Whats going on here? Inching up every day!

[MU_Redskin1]

Thanks! Insiders own 20% of the company, ten of which are existing or past company Executives and Directors! Most of the recent financing has been executed at $.05 CDN or $.037 USD.

I'm hoping that we are close to an announcement of oil and sand sales from our Utah claim. Licenses or contract news would be welcomed as well! Those will light a fire under this stock price!

I'll continue to buy dips and add to my investment!

GLTA PQEFF!

Cheers, Red

[Fai 2]

Good call thanks!

[INV4]

Thnx Red. Bought some yesterday!
$PQEFF

[Drugdoctor]

Now we are talkin... Someone knows something!

[edro]

Which means Mr. Cantonese is either really stupid,or super confidant.As he is an insider I'm guessing that it's the latter.

[MU_Redskin1]

Mr. Cantone dropped some serious cake on this stock!

Total insider Shares 177,357,256 shares
Total Insiders 11

Trade Date Price Shares. $$$$$
2023-01-11 CANTONE A J 0.0100 300,000 3,000
2022-09-26 CANTONE A J 0.2050 1,170,731 240,000
2022-08-24 CANTONE A J 0.2050 12,682,925 2,600,000
2022-08-19 CANTONE A J 0.2163 150,000 32,445
2022-08-03 CANTONE A J 0.1435 250,000 35,875
2022-08-02 CANTONE A J 0.1319 500,000 65,950
2022-08-01 CANTONE A J 0.1446 400,000 57,840
2022-07-29 CANTONE A J 0.1414 700,000 98,980
2022-07-27 CANTONE A J 0.1200 2,666,666 320,000
$3,454,100
PQEFF / Petroteq Energy Inc Insider Trades

GLTA PQEFF!

Cheers, Red

[Drugdoctor]

It's kind of hard for me to get excited about a penny or two gain without hearing anything from the company, but all up is good...

[1hot toddy]

WOOOOOOOOOOOOOW 2.5 MIL BUYS 63000 SELLS WOOOOOOOOOOOOOOOW

[1hot toddy]

as as came back stock straight up. wish bought more when came in

[MU_Redskin1]

This is the short term goal in the business plan so I wonder where we are in this process!?

The proceeds from the Offering will be used to upgrade, improve and fully commercialize the 500 barrels per day pilot plant currently located in Asphalt Ridge NW, Utah, as well as for general working capital purposes.

If we get a nice production announcement and maybe announce a contract or license or two, this just may make a nice run!

GLTA PQEFF!

Cheers, Red

[MU_Redskin1]

I wonder if there are still shorts here after the news that the deal with Viston Swiss AG was scrapped and the stock got crushed? That would be a nice catalyst! Just sayin'!

GLTA PQEFF!

Cheers, Red

[1hot toddy]

he bought all way up. he is down huge like all of us. lets get our money back on this run up

back to 15 or 20 cents.

[Xunefox]

The unfortunate part is that most oil sands “mining” companies are developed with the technology they have now.

There are billions being pushed into green this and that up north.

The green initiatives to accept this sort of tech I think would have to be pushed by the government… not share holders.

[MU_Redskin1]

They should be selling oil and maybe fracking sand?

Previous PR’s were pretty rosy! https://www.otcmarkets.com/stock/PQEFF/news/Petroteq-Reaches-New-Production-Milestone-of-300-bblsday-and-is-Now-Operating-on-a-Break-Even-Basis-at-Its-Asphalt-Ridge?id=255384

Need to produce some oil and announce the results! I can’t believe they can’t find a buyer in the Canadian oil sands industry!

GLTA PQEFF!

Cheers, Red

[MU_Redskin1]

Did you find where they received any financing and how much? Was looking for an 8K or PR?

Thanks, Red

[MU_Redskin1]

Cantone bought 300K shares open market $.01 01/11/2023 and he filed a Form 4 Friday 01/20/2023. Maybe he is giving us a hint? https://www.otcmarkets.com/filing/html?id=16326676&guid=Q-2-kWOZB0I-B3h

Problem is this stock is CTO in Ontario for Delinquent SEC Filings and they employ a “Prohibited Service Provider”! I’ve loaded a bunch over the last two-three weeks and I love the technology but whoever runs this outfit is a clown! We need a real CEO and C suite executives to get this company back on track! imo.
https://www.otcmarkets.com/stock/PQEFF/disclosure

PATIENCE=PROFITS!

GLTA PQEFF!

Cheers, Red

[1hot toddy]

u and me and alot of people, they do have technology, getting part of the action on their oil sands technology plus they r building their own thing.

[Xunefox]

Well I have HUGE ability to average down. LOL!

[1hot toddy]

im back in. i lost over 10k on buyout. lets make it back $$$$$$$$$$

[Xunefox]

So is this thing over?

[Drugdoctor]

A lot of loading at this .01 level... maybe some oil is flowing?

[Drugdoctor]

$PQEFF.0165-NEWS-Petroteq oil trades debt for shares at .05... Priced over 150% higher than current trading price!

No wonder the price is GREEN today. These shares were traded at .50/share last summer when a buyout was offered. Looks like tax losses selling is over and investors are grabbing the cheapies...

https://ir.petroteq.com/news-presentations/press-releases/detail/453/petroteq-energy-inc-announces-partial-exchange-acceptance

[Drugdoctor]

Accumulation still showing on chart>>

[Drugdoctor]

$PQEFF.0173 -Petroteq-oil - recent financing at .05C or .04US. Tax loss selling has it OVERSOLD. Chart showing rebounding.

[Drugdoctor]

$PQEFF showing indicators getting stronger. The tax selling is likely over now, and with the recent selling bringing the price down below the recent financing price, .05 Canadian or about .04 US, price may likely rise now, just on technicals. If price can close above .0177, the 20 day moving average, then it's entirely possible the 50 day moving average at .0232 may be tested. If the company reports progress on their Utah processing plants, then .04 may happen. GLTA

[Drugdoctor]

Financings at .05 with stock at .0163??? Hmmmm

Petroteq Closes Non-Brokered Private Placement
Newsfile Corp.
Newsfile Corp
Toronto, Ontario, and Los Angeles, California--(Newsfile Corp. - November 11, 2022) - Petroteq Energy Inc. (TSXV: PQE) ("PQE", or the "Company), an oil company focused on the development and implementation of its proprietary oil sands extraction and remediation technologies, is pleased to announce that it has closed a non-brokered private placement (the "Private Placement") of 2,200,000 units of the company (each, a "Unit") at a price of C$0.05 per Unit, for aggregate gross proceeds to the Company C$110,000.

Each Unit issued in the Private Placement consisted of one common share in the capital of the Company (a "Common Share") and one-half of one common share purchase warrant (each whole warrant, a "Warrant", and together with the Common Shares, the "Securities"). Each Warrant is exercisable into one Common Share at a price of C$0.05 per Common Share until November 11, 2024. All of the Securities issued pursuant to the Private Placement are subject to a four month and one day hold period in accordance with applicable Canadian securities laws.

The Company intends to use the net proceeds from the Private Placement to fund ongoing operations, general and administrative expenses.

The Company would like to clarify that pursuant to a press release dated September 30, 2022, the amount of debt to be settled pursuant to the debt settlement transactions is expected to be C$4,916,659.05 and not C$5,042,842.

CONTACT INFORMATION

Petroteq Energy Inc.?
[e-mail]
Tel: [phone]?

[Drugdoctor]

Up 7% today.. Another Buyout offer? Any NEWS?

[MU_Redskin1]

PQEFF Announces Brokered Financing of $18 Million CAD

November 07, 2022 1:22pm EST

SHERMAN OAKS, CA, November 3, 2022 -- via Newsfile – Petroteq Energy Inc. ("Petroteq" or the "Company") (TSXV:PQE; OTC PINK:PQEFF; FSE:PQCF), an oil company focused on the development and implementation of its proprietary oil sands extraction and remediation technologies, is pleased to announce that it has entered into an engagement agreement with * (the “Agent”) as an advisor, and to conduct a brokered private placement financing on a commercially reasonable best efforts basis (the ”Financing”) of units (the “Units”) to be sold at a price of C$0.05 per Unit for aggregate gross proceeds of up to C$18.07 Million (the “Offering”). Each Unit will be comprised of one Common Share and one common share purchase warrant (each whole warrant, a “Warrant”). Each Warrant will entitle the holder thereof to purchase one Common Share (a “Warrant Share”) at a price of C$0.10 for a period of 24 months from the closing date of the Offering. The Common Shares, Warrants and Warrant Shares will be subject to a resale hold period under applicable Canadian securities laws. The Offering is subject to the approval of the TSX Venture Exchange (the “TSXV”).

The proceeds from the Offering will be used to upgrade, improve and fully commercialize the 500 barrels per day pilot plant currently located in Asphalt Ridge NW, Utah, as well as for general working capital purposes.

In connection with the Offering and in accordance with the policies of the TSXV, the Company will pay the Agent an advisory fee in addition to a financing fee. The Agent shall be the book-runner for the financing and shall be paid a financing fee equal to 8% in cash and 8% in broker warrants valid for 18 months at C$0.05 per warrant, based on the gross proceeds for subscriptions by subscribers introduced to the Company by the Agent. The Agent and the Company may also pay a portion of the financing fees to other broker dealers or Exempt Market Dealers participating in the Offering, as well as to arm’s length finders in connection with the Offering.

If Related Parties participate in the Offering, the Offering will constitute a related-party transaction as defined under Multilateral Instrument 61-101 – Protection of Minority Interests. This transaction is exempt from the formal valuation and minority shareholder approval requirements of MI 61-101 pursuant to sections 5.5(a) and 5.7(1)(a) of MI 61-101 as neither the fair market value of any securities issued to nor the consideration paid by such person is expected to exceed 25.0% of the Company's market capitalization.

The Offering is expected to close on or about November 30, 2022, or such other date as may be mutually agreed to by the Company and the subscribers, subject to satisfaction of customary closing conditions, including, but not limited to, the receipt of all necessary stock exchange approvals, such as the approval of the TSXV. All securities issued in connection with the Offering are subject to a four-month and one day hold period in accordance with applicable Canadian securities laws, during which time the securities may not be traded.

CONTACT INFORMATION
Petroteq Energy Inc.
Vladimir Podlipskiy
Chairman and CTO

[e-mail]

Tel: [phone]

[1hot toddy]

GREAT THINGS HAPPENING BEHIND THE SCENES. ALEX GOING TO CANADA

to get $13 mil to restart process. will be back end of month.

stock will be up huge in couple of years

buy low now. we had buyout offer of 59 cents. alex gets the money

up up and away

[Xunefox]

Any new news?

[1hot toddy]

company worth at least 20x. know what u own. we had buyout at 59 cents, worth +

[edro]

Insiders did not by millions of shares for no reason.

[bell345]

does anybody think this was a scam from the start or just a failed takeover???

[1hot toddy]

6/1 BUYS VS SELLS. STOCK WORTH BUCK $$$$$$$$$$$6

[MU_Redskin1]

I find it odd that Viston United Swiss AG didn’t have a back-up or plan”B” to acquire PQEFF if this original plan didn’t go through. All that time, effort and money they spent to go through this exercise and nothing to show for it! Odd to say the least!

Next question is where do we go from here?!

GLTA PQEFF!

Cheers, Red

[edro]

Like the chart setup here.Looks like a RSI crossover.

[rivethead]

I got my shares back automatically A few weeks ago from etrade

[striker66]

All quite in the western front

[Lottalead]

Interesting.

[Drugdoctor]

I got my shares back automatically a couple of days ago from TDA

[Xunefox]

Do I have to un-tender my shares? Or will that be automatic with the deal falling through?

[1hot toddy]

ur soooooooooo wrong. co can find another buyer in usa stock worth 20x from here

[1hot toddy]

STOCK WORTH $1. remember we had buyout price of 59 cents so buyer thought worth 6more than that

[1hot toddy]

alex went to canada to try to get 10/20 mil loan. will call him later. stock worth $16

[Drugdoctor]

I agree, especially with the price of oil where it is now

[striker66]

I was in this stock when it was a .03 there was momentum upwards before this hostile takeover, anyone who sells now is 100% getting robbed by the intelligent investor. Someone is buying at these levels.

[striker66]

strongly disagree