Tomco Energy Share Discussion Threads

[goulding1215] 21/5/2021 17:57

I imagine work will restart once the correct amended paperwork is in place. Perhaps with a fine to Petroteq. What was I saying about TOM’s CEO? Unfit for purpose. This paperwork is part of his responsibility and should be checked on by the CEO of TOM, partner in Greenfield and left to Valkor.

Furthermore, I feel that the major shareholders now have the right to request John Potter to resign, for failing in his appointed position.

[goulding1215] 21/5/2021 17:51

Looks like Mr Stapleton is guilty. Incredible that Petroteq did not keep the Utah government informed with a reply. Greenfield, Valkor/Tomco equally guilty for not checking on required permits before commencing work outside the previous permits.

[ajj2003] 21/5/2021 17:28

If they did not then is from Tuesday to Friday enough time to put things right. If so then we will be in business again ;)

[cheshire2] 21/5/2021 16:55

so did they not reply to above ?

utah.gov link

[cheshire2] 21/5/2021 16:52

April 19, 2021Read ReceiptGeorge StapletonPetroteq Energy15315 Magnolia Boulevard, Suite 120Sherman Oaks, California 91403Subject:Incomplete Amended Notice of Intention to Commence Large Mining Operations and Reclamation Surety, Petroteq Energy,TMM Asphalt Ridge Mine, M/47/0089, Uintah County, UtahDear Mr. Stapleton:The Division of Oil, Gas and Mining (Division) is not currently able to approve the amended Notice of Intention to Commence Large Mining Operations (Notice) for the TMM Asphalt Ridge Mine. Updated address and contact information that is required as part of the Notice was not provided. These items were referenced in the cover letter but not included, which leads the Division to believe it was an oversight. Please resubmit the amendment by no later than May 14, 2021.A few items to address regarding your letter:1.The demolition costs calculated in the present reclamation surety include the transportation of equipment. Please keep in mind that transportation costs to dispose of the processing facility equipment is considered a liability for the Division and therefore, should remain in the bond calculations.2.Upon reviewing Figure C that was submitted and the addition of new equipment and the removal of other equipment at the facility, the demolition spreadsheet will need to be updated with this information when the larger Notice update is submitted (by July 1, 2021) so that an accurate estimate of salvage value can be made.Please contact April Abate at 801-232-1339 or me if you have questions or concerns regarding this permitting action.Sincerely,Paul BakerMinerals Program Manager

[lopodop] 21/5/2021 16:21

Final call for buyers / sellers this week.
For Further information call S BYLE.

[rocket26] 21/5/2021 12:42

Come on guys , how many are still in this POS because of rmart incessant posts a few years ago

[wilson2] 21/5/2021 09:12

What the hell would a new ceo make to a company that doesn't do anything, the sole reason tomco exists is to feed the directors an enormous salary, get your head out of the sand

[wilson2] 21/5/2021 08:13

Andys back and he's feeling disgruntled aww

[vauch] 21/5/2021 08:11

Andy the AGM is not far away and hopefully we can attend, but this time all aggrieved holders need to attend and make a personal united stand

[andy197180] 21/5/2021 08:08

Morning all. Having stayed quiet for months now and slowly built a moderate investment in that time. Its now time for me to concede the BOD here are utterly incompetent with not a care in the world for shareholders. We are nothing but an inconvenience to this company. There is zero communication. There is no positivity. But the worst thing is, they just don't give a damn for us in any way at all.I'm completely sick of it and I'm sure not alone.Fiasco after fiasco.Time for a complete change to the board or we're finished.Have a good day all.

[wilson2] 20/5/2021 14:38

Don't panic, nothing has happened

[kemche] 20/5/2021 10:47

Are we looking at yet another rmart success? How many can one investor possibly have?



Serially successful.

[vauch] 20/5/2021 10:36

The large holders my collude to remove the management

[jaynealex] 20/5/2021 10:12

They'd need all the relevant % votes to carry resolutions and currently the management themselves don't own many , so down to the large holders colluding

Can't see that one happening

But a takeover yes

[jaynealex] 20/5/2021 10:09

Nothing would be a suprise unfortunately

[shaunx] 20/5/2021 09:20

What would be a great scenario for a cheap MBO? Update and test the plant to the required output, send off required oil samples then have an insider contact DOGM to halt proceedings on the basis of using off site material, when they are at a natural point to halt anyway. Watch the share price fall over coming weeks while they supposedly negotiate the licence terms, all without updating shareholders. I know this is all very pessimistic but who knows.

[wilson2] 20/5/2021 08:22

crcl 10p rmart

[wilson2] 20/5/2021 08:15

10,000 bpd Stewart little

[lopodop] 19/5/2021 15:47

TD
As you suggest, this may be a convenient issue to throw investors off the scent and perhaps buy time whilst the BOD mull over how to play it.
Money must by now be in short supply and the Chairman has few choices.

[hotfinance14] 19/5/2021 11:43

Acd...you have proven once again you are off your rocker.