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Thursday, May 09, 2024 5:23:34 PM
#2. "Power Engineering Corporation (PEC), [is] a wholly-owned subsidiary of Imperial Holdings Qatar"
#3. "Korean Gas Technology (Kogas Tech) is a subsidiary of Korea Gas Corporation"
#4. "The MoU will focus on cooperation and collaboration in the fields of LNG and Hydrogen energy,iincluding the development of new technologies, training and joint research and development projects." (Anyone believe a guy running a Korean BBQ joint has such abilities?)
https://www.qatar-tribune.com/article/45005/nation/korean-kogas-technology-and-doha-based-imperial-holding-ink-cooperation-agreement
So almost 4 months later-- the photos posted today show Park and PEC signing something with his rag-rag crew lurking nearby.
My Scam-o-Meter tells me Park got wind of the January deal (which he was apparently NOT a party to) and wanted to leach onto it. As far as what he may have told PEC to get them to sign "whatever" remains to be seen. Same for whether he has the ability or financing to make good on his promises to them. Suffice it to say I bet it was a real doozie in line with all his other ones.
![Bearish](/static/images/ih2-bear.png)
Consider me an IDIOT. Do not buy, sell or make any investment decision based any information or opinion I post. Conduct your own DD.
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