Tomco Energy Share Discussion Threads

[lopodop] 26/5/2022 08:29

Oh dear R Mart. If only you could think.

[chadwick123] 26/5/2022 08:10

The future of Tomco relies heavily on the PQE takeover, hopefully on the 7 July.

[rmart] 26/5/2022 08:03

Well, here we are, almost at end of May. Loan payment due to start so, will it be double or half the share price next week? Or will we get a loan payment extension and stay where we are?

Something has to give here.

[ajj2003] 26/5/2022 07:17

Think we will get an update well before then vauch

[vauch] 26/5/2022 07:00

So no news for Tom until at least 7th July

[busamitch] 25/5/2022 21:27

Viston United Swiss AG Provides CFIUS Update in Connection with All-Cash Offer to Acquire Petroteq Energy Inc.

[fenners66] 25/5/2022 15:32

We shall see what happens to PQE share price when/if suspension is lifted.
The dreamers are already counting their profits...

I do note that Twitter share price is a long way under Elon's offer as the market does not believe the richest man in the world will necessarily follow through...

So what happens to PQE ?

[ducky fuzz] 25/5/2022 13:24

If the price is too cheap you'd get a lot of buyers knowing their is a purchase is about to happen.

You've made a big profit leave more for the next guy.

[busamitch] 25/5/2022 13:24

I guess it depends on what Mr Cantone wants to do...

[vauch] 25/5/2022 13:10

A lot have been trapped in so I expect a hefty sale day. but will it come Toms way as this is so cheep

[ducky fuzz] 25/5/2022 13:08

If it were me I'd take 0.6 as it has all been so weird.

[vauch] 25/5/2022 13:07

Unless the price reaches near the .74 a share mine will stay for the takeover.

[lopodop] 25/5/2022 13:02

BDO are letting this drag on and on - why?
Do the firm believe TOM is a viable business? Or is just a case of creating a further year’s fee income at expense of mug investors. Of course NOMAD can hide under BDO’s umbrella so they protect their income - do they ever challenge the Board?

[1dutchman] 25/5/2022 11:54

At the end of the day, the TSX has shown that PQE’s Board and Management have broken the trust in its relations with its shareholders and the exchange. How then, can one trust any of the supposed technical breakthroughs that the company has announced with regard to CORT, a technology that has still never been proven, either in testing or commercially? At the center of it all over these past three years has been Valkor, keeping PQE’s POSP charade alive whilst pocketing the millions contributed by Tom’s shareholders. There has been a scandal brewing for years. The TSX has finally uncovered one part of it. It is a pity that AIM doesn’t take the same responsibility. Instead, the Tom Board is allowed to continue to draw its fees and kick the can down the road in the hopes of finding the next promising venture against which they can once again pick the pockets of shareholders. Is it a crime? Probably not. But is this a Board so filled with incompetence that it needs an AIM-appointed nanny? Yes. Unfortunately, the London market operates under the philosophy of caveat emptor, meaning that shareholders only option in relation to an incompetent Board is either to vote them out or to walk away with lighter pockets.

[ducky fuzz] 25/5/2022 11:53

Be interesting to see if the PQE share price goes right up to the Sale price.

Delighted for Vauch and the other holders.

[1dutchman] 25/5/2022 11:48

In bringing Petroteq back to market, the TSX’s penalties and conditions have effectively labelled PQE’s current and previous Board and Management as incompetent. The TSX has imposed a nanny committee to oversee the Board and all financial transactions on behalf of the exchange. And they are controlling the search for a new CEO. Can the situation with that company get any stranger? Does anyone still truly believe Viston’s offer is real? When trading recommences, does anyone know whether former CEO Bumpkin will be able to dump his shares? (Yes, he's publicly stated he is offering them to Viston, but he has shown repeatedly in the past that he is capable of subterfuge). Yet Petroteq continues to capture the imaginations of the dreamers. Dream on dreamers.

[busamitch] 25/5/2022 11:41

Should be notified here:https://www.iiroc.ca/news-and-publications/halts-and-resumptions

[fenners66] 25/5/2022 07:23

"As part of the trading reinstatement review conducted by the Compliance and Disclosure department of the TSXV, it was a requirement that Petroteq be made whole in respect of the value of Petroteq shares that were issued below minimum acceptable discount to market price. This has now been satisfied by an irrevocable cash payment to Petroteq from its former CEO Alex Blyumkin. Mr. Blyumkin paid a total of $2,822,000 US dollars to Petroteq for no consideration and to the benefit of Petroteq shareholders."

"Mr. Thadaney and Mr. Chadda will also assist Petroteq in its efforts to appoint a new CEO that is acceptable to TSXV as well as the board and shareholders of Petroteq. Petroteq has undertaken to recruit and hire a CEO within the next 60 days and will update the market on the progress of the search mandate regularly"

[vauch] 25/5/2022 07:14

What date is the resumption ah it is sometime this week, is that a Tomco time scale

[busamitch] 24/5/2022 21:54

Influx to TOM now or on sale....

"Petroteq Is Pleased To Announce That TSX Venture Exchange Has Accepted Its Application for the Resumption of Trading in Its Common Shares"

[lopodop] 24/5/2022 20:02

Vauch - despair!

[ducky fuzz] 24/5/2022 13:09

Online it is now 0.463p sell and 0.4744p buy for 1 Mill.

Price 0.46p and 0.48p

[vauch] 24/5/2022 07:11

And it goes on and on, has our tom team left the co, moved to Mars. What the hell is going on.

[talais] 23/5/2022 15:33

I think the paint is dry now, lolCome on tom

[ducky fuzz] 23/5/2022 14:53

I miss the old days when we had a morale boosting ramp from rmart on a daily basis .. but everything is so quiet now.

No sign of the cho cho train or rocket :-(