Replies to post #1064 on Petroteq Energy Inc (PQEFF)

[236T568]

and the scammy ways of scam company PQEFF continue - this time on transaction to acquire assets

the only deemed "value" for the 15 million shares to be issued is the market price of the stock at the time of the issuance and currently it is at $0.395/share, not at the $0.60/share that scam company claims


https://finance.yahoo.com/news/petroteq-energy-announces-acquisition-172716075.html


"Under this transaction, TMC will pay Momentum Asset Partners I, LLC, a Nevada limited liability company, total consideration of US$10.8 million, US$1.8 million payable in cash and US$9 million payable in shares, namely 15 million common shares of the Company, at a deemed value of US$0.60 per share, representing a premium of approximately 76% from the last closing price of the common shares."