Tomco Energy Share Discussion Threads

[lopodop] 10/1/2023 08:43

RMART
Is an end in sight?

[ajj2003] 09/1/2023 12:34

Might explain the odd nibble or two so worth keeping an eye out for
Thanks to Talais ;)

Talais31 Dec '22 - 08:26 - 29233 of 29329
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If no one disapproves we should get news after the 8th January,

8. Notice re: Right to Seek Judicial Review by the Utah Supreme Court or to Request Board Reconsideration: As required by Utah Code Ann. § 63G-4-208(1)(e) through (g), the Board hereby notifies all parties in interest that they have the right to seek judicial review of this final Board Order in this formal adjudication by filing a timely appeal with the Utah Supreme Court within 30 days after the date that this Order is issued. Utah Code Ann. §§ 63G-4-401 and 403. As an alternative to seeking immediate judicial review, and not as a prerequisite to seeking judicial review, the Board also hereby notifies each party that it may elect to request that the Board reconsider this Order, which constitutes a final agency action of the Board. Utah Code Ann. § 63G- 4-302, entitled, “Agency Review - Reconsideration,R21; states:
(1)(a) Within 20 days after the date that an order is issued for which review by the agency or by a superior agency under Section 63G-4- 301 is unavailable, and if the order would otherwise constitute final agency action, any party may file a written request for reconsideration with the agency, stating the specific grounds upon which relief is requested.
4880-3426-7711
- 10 -

(b) Unless otherwise provided by statute, the filing of the request is not a prerequisite for seeking judicial review of the order.
(2) The request for reconsideration shall be filed with the agency and one copy shall be sent by mail to each party by the person making the request.
(3)(a) The agency head, or a person designated for that purpose, shall issue a written order granting the request or denying the request.
(b) If the agency head or the person designated for that purpose does not issue an order within 20 days after the filing of the request, the request for reconsideration shall be considered to be denied.
Id. The Board also hereby notifies the parties that Utah Admin. Code Rule R641-110-100, which is part of a group of Board rules entitled, “Rehearing and Modification of Existing Orders,” states:
Any person affected by a final order or decision of the Board may file a petition for rehearing. Unless otherwise provided, a petition for rehearing must be filed no later than the 10th day of the month following the date of signing of the final order or decision for which the rehearing is sought. A copy of such petition will be served on each other party to the proceeding no later than the 15th day of the month.
Id. See Utah Admin. Code R641-110-200 for the required contents of a petition for Rehearing. If there is any conflict between the deadline in Utah Code Ann. § 63G-4-302(1)(a) and the deadline in Utah Admin. Code R641-110-100 for moving to rehear this matter, the Board hereby rules that the later of the two deadlines shall be available to any party moving to rehear this matter. If the Board later denies a timely petition for rehearing, the party may still seek judicial review of the Order by perfecting a timely appeal with the Utah Supreme Court within 30 days thereafter
Talais31 Dec '22 - 08:28 - 29234 of 29329
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hxxps://fs.ogm.utah.gov/bbooks/2022/10_Oct/Docket/2022-024_471-02_HSOandACOil/2022-024_20221208.1_FindingsOfFactConclusionsOfLawAndOrder.pdf

[ducky fuzz] 09/1/2023 10:15

Bit of a Zzzzz fest at the moment.
Still share price up so that's a plus.
Soon be back to the placing price.

[ducky fuzz] 09/1/2023 09:37

Is that 4 mill buy rmart topping up / buying back? DF

[fenners66] 09/1/2023 09:18

So the cease to trade order placed on Petroteq for failing to file its accounts is in place. Their shares are suspended.

They were of course touted for the past several years on the gamblers board as

1, a source of massive "investment " profits that were to be re-invested in TOM , through their fantasy share offer that never happened.

2, They are the source of the CORT tech , which since Greenfield are involved with (remember TOM were originally not involved at all , it was Valkor , whom TOM joined in with ) is going to change the world and make TOM's fortune.... BUT now 2 years later PQE tells its shareholders it is seeking $18m to try and make the Tech commercial.

3, If the funding required for a cort plant to be built is arranged for Greenfield then Valkor get 29% of TOM for their giveaway of Greenfield....

We have been sceptical all along

Said the fantasy bid was never going to happen - it did not.
Said the CORT tech was never proven as commercial - by PQE's own RNS it is not
Said the funds $200m + for a CORT plant were never going to get raised - 18m later not a sniff - will never happen.
Actually posted that PQE had ceased quarterly filing and questioned why some time ago - well no filing accounts at all says ..... something is wrong.....

Valkor did nothing with CORT for over a year , until it got TOM to fund it, then abandoned the JV as soon as it looked like they may have to place capital at risk, far better to work at arms length with TOM

PQE is a basket case despite spending over $100m

But TOM was taken in and burned another £1.5m - will any banker seriously put a large sum at risk , given the situation here..?

Don't worry gamblers , its time for a change of narrative.....

[lopodop] 09/1/2023 08:52

RMART
During this period of news blackout, TOM WILL BE PAYING its 4 directors. What precisely do you think each has / is doing for their emoluments. Isn’t there a case for restricting their emoluments until news breaks? What exactly is JP up to - he cannot be negotiating every day of each week. Is he in fact doing anything apart from sitting in his office, waiting for something to happen?
If TOM does pull off some amazing arrangement, then fine but even you and others including Vauch are not confident and end up having supported 4 people financially for how long. This is called realistic thinking and unless somebody can make an authoritive statement this week what is your take?

[rmart] 08/1/2023 18:54

I will answer that at the end of this coming week.

[lopodop] 08/1/2023 18:16

SL is right about PQE. However don't rule that entity out - it could just try to be part of a solution here.

[lopodop] 08/1/2023 17:56

Rmart
Good to know that you continue to hang around - will give your ? fellow investors a sense of hope which they need after a long wait. Can they take it you are now in for the long haul?
Do you accept TOM is a badly led and poorly managed entity? If you and others do, why don't you do something about it instead of tolerating the treatment month after month. How can any investor have confidence unless of course some have access to private and reliable channels.

[rmart] 08/1/2023 16:54

lopodop, simply trying to find anything to hit tomco with. He is rather pathetic.

[stuart little] 08/1/2023 15:19

PQE has zero influence now over the future success of tomco. Using their failings as a company to hit tomco with is misguided, in my opinion. The separation technology is now far removed/improved from the original CORT process. PQE needs somewhere like TSH2 land to move forwards.

[stuart little] 08/1/2023 15:07

I personally have no faith in pqe to do anything. My posting history will confirm this. A basket case of a company imo.

[fenners66] 08/1/2023 14:50

Petroteq Confirms Issuance of Failure to File Cease Trade Order
Download as PDF
January 05, 2023 10:31pm EST

"The Company is diligently working with its auditors to file the audited financial statements and corresponding management's discussion and analysis for the years ended August 31, 2021, August 31, 2020 and August 31, 2019 (collectively, the "Financial Disclosure"). The Financial Disclosure was required to be filed by December 29, 2022."

"The FFCTO will remain in effect until the receipt by the OSC of all filings the Company is required to make"


Still has not filed the statements for 2019....

And so many of the gamblers place their faith that PQE has the alchemy to process gloop into clean sand and oil with no loss of solvent and leaving no contaminants ......

Cannot file the accounts ... again.
Now what does that really tell us ?

[lukeisbackontrack] 08/1/2023 06:10

Lets Summarise rmart’s best quotes between 2007 to 2022
I would hate to be out this weekend, market cap will be multiple of current one, choo choo, soon £1, soon 10p, soon 1p, chooo chooo, I bought the dip, I know someone in Utah, insider trading, the other board…

For more fun facts please visit TOM long term chart.

RMart is the only one, true and the best, a real Champ. Keep up great work in 2023 💪

[danmart2] 07/1/2023 08:58

What’s happened?

[lopodop] 06/1/2023 20:48

Good evening RMART
Timely yes?
How is your strong Corcel recommendation doing
These days?

[rmart] 06/1/2023 20:32

Lopodop, you need to grow up and move on.

[lopodop] 06/1/2023 20:13

DAMAC
For the sake of clarity is the person you refer to Andrew Jones, former chairman who left in 2020. If you still suggest that he was using me, incidentally he neither knows me nor I him nor has there been contact between us, then I shall have him traced and allow him to be privy to the allegation you have made.
It’s up to you. Retract now or the matter goes forward for further action. It may take time …

[stuart little] 06/1/2023 18:34

And that will be my last comment on it.

[stuart little] 06/1/2023 18:16

Is that 4 hitting the filter button in as many days? Wow, way to go Mr obnoxious. Reaping what one sows....horrible human being. Is it any wonder Potts got shot eh? :-)

[ducky fuzz] 06/1/2023 18:14

Well is next week the week or will it be the week after?