Petroteq Energy Inc (PQEFF)

[JJDCPA]

If PQEFF really had anything a major would have bought them by now. I heard of this company through a banner advertisement as some financial web site in 2017, probably Google or Yahoo. One has to wonder why a startup company is advertising on financial web sites. There is no reason to do that other than to pump up their stock price so the next time they have to issue shares to pay their bills they get a little bit higher price. To the extent they do any advertising at all it probably should be in trade publications like the Oil & Gas Journal.

Regarding their stock manipulation, they were going to do a 1:5 reverse split to get their share price back above $1. The reason you have not heard any more about that is that the stock price collapsed to about $0.16.

Until I see other evidence I am sticking with my theory that their technology may work but is not economical. If it was I can guarantee that Suncor or another major would either buy or license it. Nobody is interested. I am certain of that, because given the tireless self-promotion that PQEFF does, the minute a major did express interest the entire world would hear about it.