Petroteq Energy Inc (PQEFF)

[Squirrely_McShitty]

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.

I was being playful. Or sarcastic, depending on your view. Only reason I bought shares was to triple up by February.

The shares the company issued are restricted (your words)

I don't think I ever said that. We have no idea what's happening, as TA hasn't updated share count in seven weeks or so. I did say this, though:

Let's say those 2 billion shares are added to the restricted.

I was just saying "what if" to run different scenarios. Frankly, I have no idea what the real share count is today. If you or someone else does, please tell me/us.

Those points hopefully clearer now, I would take issue with two points you made.

Common shares dilute the share price...

ALL shares dilute the share price, restricted or common...it's just a matter of when.

https://pocketsense.com/dilution-occur-shares-granted-exercised-2991.html

We know that restricted shares count towards the MC as well, yes? In (some?) cases they are treated just like commons when determining MC. Also, depending how the restricteds are issued, they can count towards controlling interest. So if there are 100k commons & 200k restricted, even were one to purchase all the common shares, one would still not have a controlling block of the company (50% + 1).

That is the point I was trying to make with the dilution. Vinton offered to buy X number of shares at Y price. But what happens if there are now X + Z shares now. Is Vinton still willing to pay the same price?

Now, what if X + Z = several multiples of X? We already know Y =.60 cents, so let's say, for a moment, X = 100,000 & Z = 200,000.

Vinton's original offer was X × Y, or 100k × .60 = $60,000 (in this hypothetical, which is simplified & not quoting actual figures). So Vinton set aside $60k to buy those shares & announced the offer.

But $PQEFF adds 200k shares (Z). If these additional shares are in the commons, then in order to purchase a controlling block Vinton would have to purchase not 50k + 1 shares, but 150k + 1 shares...many more than they budgeted for. So in this case, my question is "are they still willing to pay .60/share for 150k shares as opposed to the original 50k"?

Same goes for 200k extra restricted shares, except Vinton can't buy those, so they can never get a controlling interest.

Second point:

And the company owes a fiduciary responsibility to the share holder, they are the ones who give them the cash to work with.

This IS the OTCM we are talking about, yes?
_____

Gdog or anyone...please correct me if I am wrong on any of the above.