Tomco Energy Share Discussion Threads

[talais] 11/8/2021 09:08

https://polaris.brighterir.com/public/quadrise/news/rns/story/rngldjx

[talais] 11/8/2021 09:07

https://polaris.brighterir.com/public/quadrise/news/rns/story/rngldjx

[talais] 11/8/2021 09:00

https://twitter.com/QFIPLC/status/1425336707797422081?s=20

[wilson2] 11/8/2021 08:07

How frustrated punters get on the other thread , filter anything that's not to there liking.

[eric120] 10/8/2021 16:08

Mr Wilson, are you suggesting that someone would like to buy it and put it on the beach.

[wilson2] 10/8/2021 14:41

The sand would have to be free to justify the cost of the haulage, and it's 1,500 miles from the nearest coast

[goulding1215] 10/8/2021 12:50

No longer interested in reading garbage from this dope who ignores facts to suit has case.
fenners6610 Aug '21 - 10:53 - 21422 of 21424 (Filtered)

[freedom97] 10/8/2021 11:00

"The global rate of sand use — which has tripled over the last two decades partially as a result of surging urbanization — far exceeds the natural rate at which sand is being replenished by the weathering of rocks by wind and water."

[fenners66] 10/8/2021 10:53

The article published above about sand , made it apparent that sand was being controlled by cartels in certain far east countries.

At no point does that article suggest sand is scarce in the US
The pictures in the article actually showed sand being ADDED to a beach in Florida.
Above someone has quoted the highest world exporter of sand being the US.

Did you even read it ?

Sand is a cheap and heavy commodity - as per the sale price quoted on here.
Whenever a commodity is cheap and heavy the demand is a function of the cost and time of transporting it.
Since the sites are already some way away from infrastructure there will be alternative sources of sand that are cheaper and easier to obtain.
Thus they sold "some" sand , not even All they had, let alone any future mass production.

[talais] 10/8/2021 08:46

We have got to bits of important news to come this month,Purchase of first 10% tar sands 2 Utah before 1st September And results from Qi on oil samples by end of month Both very important . Anything else will be more than welcome.gla

[goulding1215] 10/8/2021 07:24

Fenners, you know nothing about Greenfield. You state ‘sand is not scarce’. The article says it is. You also state ‘in N America,greenfield sites are a long way from busy building sites’that is a load of bollix. What in the whole of Canada and the USA? No one can ever have done a survey that extensive from the Mexican border to the Arctic Cicle.

On 2 counts your article is stupid. Your last sentence fatuous in its stupidity.

Derampers like you try to be clever and always look stupid, as they are unresearched and lie. Try better next time. Or as a non-holder FO, and don’t post again.

[fenners66] 10/8/2021 01:44

>goulding1215

What point are you actually trying to make? Sand is not scarce , in N America.
Greenfield sites are a long way from busy building sites.
They told us of the sale of 40t of sand - but had not negotiated the sale of the rest .
In business its easy to sell some of your by-product , its hard to sell all of it.

[ducky fuzz] 09/8/2021 18:03

Thank damac .. any news expected before the end of August please. DF

[damac] 09/8/2021 18:02

In terms of putting extra dollars on the balance sheet then it all depends on....

If MSAR can improve the end product oil from Tar Sands II.

If it can then other things then have to be considered...how much would Greenfield be paying out to QFI for using MSAR over the lifetime of the mine against how much extra dollars can be put on a barrel? Also what is the future market demand, is it in favour of the quality of oil already being produced or oil that has been treated by MSAR?

No doubt this is why a sample was sent to a major refinery for assessment.

[ducky fuzz] 09/8/2021 17:26

Hi damac .. is the QFI potential deal big for TOMco please.

[damac] 09/8/2021 17:15

The oil samples currently with QFI are the only ones that have been sent to them by Tomco/Valkor/Greenfield.

Previous contaminated oil samples sent to QFI were sent by Petroteq. Tomco/Valkor/Greenfield do not know where they were taken from by Petroteq, all they know is that they were not taken from the POSP at any time in the period under management by Greenfield.

[goulding1215] 09/8/2021 16:51

Explained.

I see our regular 2,000,000 seller is still,around.

[ducky fuzz] 09/8/2021 16:41

SHERMAN OAKS, CA / ACCESSWIRE / August 9, 2021 / Petroteq Energy Inc. ("Petroteq" or the "Company") (TSXV:PQE)(OTC PINK:PQEFF)(FSE:PQCF), an oil ‎company focused on the development and implementation of its proprietary oil-‎extraction and remediation technologies, announced today that, in lieu of the management ‎cease trade order that the Company had applied for, it has been issued a Cease Trade Order ("CTO") by the Ontario Securities Commission as a result of its failure to file its quarterly report on Form 10-Q (and related certifications) for the period ended May 31, 2021 on or before July 30, 2021, as required under Canadian National Instrument 51-102 - Continuous Disclosure Obligations, as previously disclosed.

Reference is made to the Company's news release dated July 16, 2021 and its current report on Form 8-K filed with the United States Securities and Exchange Commission on July 16, 2021. We currently believe that the liability represented by the secured promissory note issued to Redline Capital Management S.A. on December 27, 2018, in the principal amount of US$6,000,000, should be classified as a contingent liability based on legal counsel's preliminary assessment that the note is not valid and is unenforceable. We have instructed legal counsel to prepare a formal legal opinion upon which we will rely to make our final determination in this regard.

The Company intends to file restatements of its Periodic Financial Statements (as defined in the Company's news release and Form 8-K of July 16, 2021), and to amend and restate other disclosure in the affected periodic reports as appropriate. Once the Periodic Financial Statements are refiled, and its quarterly report on Form 10-Q (and related certifications) for the period ended May 31, 2021 is filed, the CTO should automatically be lifted. Investors who hold restricted securities of the Company are reminded that the resale safe harbor provided by Rule 144 under the United States Securities Act of 1933, as amended, remains unavailable while the Form 10-Q remains outstanding.

The Company continues to operate normally and is working diligently with the auditors, Hay & Watson, to be in a position to file its Documents as soon as practicable. As it was previously announced, the Company intends to file updated financial statements on or before August 13, 2021.

Dr. R.G. Bailey, Chief Executive Officer, commented, "I have been with the Company for many years and throughout my vast experience in the industry, I have seen bumps on the road to success with small companies. I believe that our Company will overcome this event and we will continuously strive to deploy our proprietary eco-friendly technology while doing utmost to enhance our shareholders value".

Despite the CTO, a beneficial security holder of the Company who is not, and was not at the date of the CTO, an insider or control person of the Company, may sell securities of the Company acquired before the date of the CTO if (i) the sale is made through a "foreign organized regulated market", as defined in section 1.1 of the Universal Market Integrity Rules of the Investment Industry Regulatory Organization of Canada ("UMIR"), and (ii) the sale is made through an investment dealer registered in a jurisdiction of Canada in accordance with applicable securities legislation. The OTC Pink Market does not qualify as a "foreign organized regulated market" under UMIR. Holders of Petroteq securities are urged to consult with their own investment advisors or legal counsel about the implications of the CTO.

[ducky fuzz] 09/8/2021 16:35

VANCOUVER, BC, Aug. 9, 2021 /CNW/ - The following issues have been halted by IIROC:

Company: Petroteq Energy Inc.

TSX-Venture Symbol: PQE

All Issues: No

Reason: Cease Trade Order

Halt Time (ET): 7:45 AM

IIROC can make a decision to impose a temporary suspension (halt) of trading in a security of a publicly-listed company. Trading halts are implemented to ensure a fair and orderly market. IIROC is the national self-regulatory organization which oversees all investment dealers and trading activity on debt and equity marketplaces in Canada.

SOURCE Investment Industry Regulatory Organization of Canada (IIROC) - Halts/Resumptions

[vauch] 09/8/2021 16:34

It has been suspended has it not

[ducky fuzz] 09/8/2021 16:24

Canadian market must be closed as PQE not trading.

[ttboy72] 09/8/2021 15:29

The samples were contaminated from the the production side and not by Quadrise. But also if anyone has viewed that tweet video you will realise that Oil will NOT flow through a 2-stroke or 4-stroke engine.

It has to be cut with distillate and this is where Qfi come in. Their MSAR process gets rid of the expensive distillate and replaces it with water/surfactant to produce an oil-in water emulsion fuel that flows through the engine.

So to all those who thought the direct product from the plant could go straight into an engine. WRONG.

[vauch] 09/8/2021 15:17

I believe the last time they received tar it was contaminated, im sure i read it some ware?

[freedom97] 09/8/2021 15:11

Is that supposed to say, 'I hope they don't...'

I wasn't aware they had in the past.??