Petroteq Energy Inc (PQEFF)

[gdog]

Make sense?
No
The shares the company issued are restricted (your words)
restricted shares are not common unless the people they are issued to (management) sell them and the shares become common. common shares dilute the share price, and common is what the company wanting to take over are buying.
So management issues themselves shares and sells them (turns them into common shares) Management makes money, share holders get more shares ( dilution) and the company buying still buy. To me right now tendering my shares would be the way to go.
If management dilutes how long will it take to make .59 a share?

Call the common share holder greedy all you want but I don't buy a stock just to own it. I buy to make money and the faster the better.
And the company owes a fiduciary responsibility to the share holder, they are the ones who give them the cash to work with.

Tell me where I'm wrong?