Tomco Energy Share Discussion Threads

[talais] 18/8/2022 15:23

Might see share holders moving into Tomco,

[fenners66] 18/8/2022 15:23

"Vauch
16 Aug '22 - 13:13 - 27529 of 27556

I wish PQE had finished the deal and I could have doubled my holdings in TOM"

You can wish all you like , but that's not investing , do you really think PQE will be bought for 74c a share ?
74c for the whole company maybe ... for the tax losses.

[ducky fuzz] 18/8/2022 15:22

I wonder if you could in theory put in an offer for any company, that is never going to happen. Wait till the share price reaches a high peak then SHORT the hell out of it before collapsing the bid.

Wonder if that's what happened with PETrel. 2p to 30p and back down to 2p.

[damac] 18/8/2022 15:21

"If there is no money to fund the takeover, then there is a suspicion that there may have been no intention of going through with the takeover from the start.

In such cases, it is often a matter of manipulating the share price of companies."



It has been viewed with much suspicion from the start by many on here.

[talais] 18/8/2022 15:21

Feel sorry for the petroteq share holders,

[fenners66] 18/8/2022 15:16

I guess what the dreamers cannot and wilfully will not see , is that PQE is entirely narrative based.

There is a massive takeover offer
There is a plan for 5000 bpd never proven to achieve 500
There is a purchase of a license , contingent on....
There is the promise of Jam tomorrow so please keep buying the new shares we issue.
There is the promise of jam tomorrow so please convert our debt to equity to keep us afloat.
There was a breach of regulations please believe its not happening again.
Shares were suspended from dealing by the exchange...

But the Balance sheet reality is they have lost over $100m of shareholders funds and show no sign of doing anything other than more of the same...

Now which other companies are narrative based ?

TOM
PET to name but 2

Who made the promise of £100m investment to PET?

Tamraz and Netoil - oh look they are linked with PQE - what a surprise.

It works for them, rinse and repeat , there are always more suckers.

[ducky fuzz] 18/8/2022 15:14

If I was a PQE shareholder sitting on a profit I'd sell at least half my holding.
Takeover might happen but I would be less confident after that article.

I suppose you have to think about whether PQE is a going concern if the bid fails.

Glad I'm in TOMco rather than PQE.

[fenners66] 18/8/2022 15:10

As if we had thought the takeover was ever going to happen !!

[fenners66] 18/8/2022 15:09

Partial translation of an alleged article referred to on the other thread....

Suspected forged documents bring an Oedheim businessman in need of explanation. An alleged insurance policy with which Zbigniew Roch claims to have secured the takeover of the Canadian-American company Petroteq Energy Inc. amounts to 450 million euros.

However: According to the issuing insurance company, the policy is fake. This could cause a construct to falter, possibly harming thousands of speculators and small shareholders.
A supposedly attractive offer

The German-Polish entrepreneur Zbigniew Roch is a respected citizen in Oedheim. He has lived there since the mid-1990s when he bought the Bautzen Castle in the center of town. In autumn 2021, a Swiss company that he controls, Viston United Swiss AG, submitted a takeover bid to Petroteq shareholders.

She offered 74 cents for each share via a subsidiary. A few months earlier, the price was four cents.

The question is whether Viston United Swiss AG is able to raise the necessary sums for a takeover. When asked where the funds for the transaction came from, Roch referred to its "filings" with Canadian and US regulators.
An unknown bank as lender

A bank in London called Uniexpress is listed there as the lender. She had been noticed in Turkey in the past in connection with forged insurance documents.

This time she first guaranteed for 420 million euros, which, according to the information submitted, was confirmed by the Royal Bank of Scotland. When asked by our newspaper, the Royal Bank of Scotland stated that it would not comment on this.
A key document in the takeover game

At the beginning of July, Zbigniew Roch then submitted another document to the American stock exchange supervisory authority SEC, which was supposed to guarantee the creditworthiness of his Viston United Swiss AG: an insurance document from Ergo-Versicherung, which covered a possible default of 450 million euros.

According to Ergo in Düsseldorf, this policy is fake. When asked by our newspaper, Roch only referred to two documents with the SEC, including exactly the ergo policy in question.

If such a key document is forged, a takeover bid would be called into question altogether, as the German stock exchange regulator Bafin generally confirmed to our newspaper. If there is no money to fund the takeover, then there is a suspicion that there may have been no intention of going through with the takeover from the start.

[ducky fuzz] 18/8/2022 15:00

Wow that reads badly for PQE holders.

[talais] 18/8/2022 14:38

Can you post it please

[busamitch] 18/8/2022 14:28

Well, that German article has sunk the share price of Petroteq over there. Tomco still steady away, see what happens on TSX:PQE in a few minutes.

[talais] 18/8/2022 13:27

https://heavysweetoil.com/

[lopodop] 18/8/2022 12:31

Look back over Tom’s existence at the benefits paid to all who have claimed directorial rights. How much have investors paid these chaps and for what precisely. Are these not quasi charitable payments for the benefit of UK INHABITANTS.

[theuniversal] 18/8/2022 10:52

Talais can i ask who are HC? Or is it a state secret lol..
Et al, i feel/hoping that news comes at end of month or early sept of funding, big or small Tomco has a future i’ sure of it. Vauch i hope it pays of for yah buddy thats some chunk of change in the tomco kitty you have.. maybe i will put in a tad more when my pqe buy out offer comes through early sept. Cfius news due next week. I posted soem links on lse on asphalt pricing makes for good reading $755 on the asphalt index for august

[theuniversal] 18/8/2022 10:43

The sage of saint, or sage and onion more like. Have you heard the phrase ‘charity begins at home’ and don’t you think britain has done enough charity for the rest of the world, live aid, comic relief, children in need, oxfam, bernados.

The energy transistion has left a lot in the mire, and those who have passed on there inheritance to their loved ones I’m sure we’ll go towards the help of running costs and energy bills. I dont blame anyone for making a go of investing or trading with what they have been given or saved up with..each to their own. I think we know the gov have taxed us to the hilt for far to long selling our family silver away to other countries.. it was only a few hundred years ago the working class had to fight for a VOTE.

[thesageofsaint] 18/8/2022 08:06

What a dweeb having to keep on telling me he has my posts filtered. Get over yourself. The last 2 days were amusing. You all came out of the asylum for a walk around the town holding hands and dribbling thinking that the sun meant you were all free. Then you woke up back in your metal framed beds staring at the white walls with only teddy to keep you company. The life of a TOM inmate!

[talais] 18/8/2022 08:06

Morning, got it marked on my calendar that HC oil website goes live on September 5th, but can remember where I found this date, has anyone else come across this,

[lopodop] 17/8/2022 16:54

The directors will soon require a jolly big placing to keep their emoluments alive and on going, presumably with a requisite inflation adjustment to keep their living standards on track. They know the investors are kind and sympathetic so long as they promise more and more.

[1dutchman] 17/8/2022 16:03

Haha, Saint, they have given it to charity. The "Keep JP From the Breadline" Charitable Trust. The Trustees seem to also have been long benefitting from shareholders' kind generosity to the Trust.

[wilson2] 17/8/2022 16:03

Yesterday it was up for no reason ,Today it's down for a reason