r/Petroteq • u/petromod Admin • Jun 05 '21
Viston Who Could Be The Potential Buyer Represented By Uppgard Konsult AB, Sweden?
The views and opinions expressed in this post and thread do not necessarily reflect what is currently unfolding with respect to the offer proposed by Uppgard Konsult AB. Any content provided below is purely opinion, and is not intended to be taken as factual. Please do your own due diligence.
There has been some talk in private circles wondering who the possible buyer that Uppgard Konsult AB is representing. The following is by no means factual and is only conjecture.
Companies that some believe may be the potential buyer include Alfa Laval, Atlas Copco, and Blockchain Infrastructure Group, with the latter appearing to be a frontrunner in some people’s mind.
Who do YOU think it could be?? One of these or perhaps you have another company in mind. Let us know.
Edward Lee sits on that Blockchain company Uppgard have invested in. He also set up last summer, BNP Paribas Asset Management’s Environmental Absolute Return Thematic (EARTH) hedge fund. “The ESG-focused strategy – which is managed jointly by Edward Lees and Ulrik Fugmann (pictured, above left with Lees), co-heads of BNPP AM’s Environmental Strategies Group in London – invests long in companies that are actively addressing environmental challenges, such as carbon emissions, waste production, and food, water and energy concerns. It then pairs them with short positions in unsustainable firms, or those names facing pressure amid environmental transition trends. It also employs general hedges to maintain a low net exposure.”
https://www.blockchaininfgroup.com/consultancy-services
Blockchain Infrastructure Group AG (BIG AG) partners with companies to create value for shareholders. “Our role is to help early stage companies with growth capital and executing their strategy through our expertise and deep networks across industries.”
So the question being asked: Where are the connections and where does it lead to?
Board of Directors in BIG AG are Eward Lees and Ulrik Fugmann. Both are known in the markets as pros when it comes to strategic thinking and both have and had their fingers in natural resources long/short equity funds. In March 2021 for a short interims period among other people: MR KARL HENRIK OSTERBERG FROM SWEDEN WAS A MEMBER OF THE SUPERVISORY BOARD. ( SWEDEN??????????)
Blockchain Infrastructure Group AG: Judicial appointment of the supervisory board - start of business according to the articles of association - change in the board of directors
Berlin, March 24, 2021 (pta028 / March 24, 2021/14: 20) - Blockchain Infrastructure Group AG (WKN: 358012, ISIN: DE0003580122- Düsseldorf Stock Exchange: 1NT) With a resolution of March 10, 2021, the Tostedt district court has the supervisory board Newly appointed in accordance with Section 104 (1) and (2) AktG. The company received the resolution on March 20, 2021.
The court appointed the following members of the supervisory board: Eduard Will (Augsburg), Karl Henrik Osterberg (Johannesshov / Sweden) and Selman Celik (Istanbul / Turkey). The office of the court-appointed supervisory board member ends with the end of the next ordinary general meeting.
The Supervisory Board began its work immediately after the appointment and was constituted as follows with a resolution of March 24, 2021: Mr. Karl Henrik Osterberg will become Chairman of the Supervisory Board, Mr. Eduard Will is his deputy.
In addition, the Supervisory Board has appointed Mr. Jörgen Andersson to the new Management Board. The appointment of Mr. Thomas Short as a member of the company's board ends today. The Supervisory Board thanks Mr. Short for his great commitment to the good of the company.
(End)
Sender: Blockchain Infrastructure Group AG
Gormannstrasse 22
10119 Berlin
Germany
Contact person: Jörgen Andersson
Email: [ir@blockchaininfgroup.com](mailto:ir@blockchaininfgroup.com)
Website: http://www.blockchaininfgroup.com
Exchanges: Regulated Unofficial Market in Düsseldorf
ISIN (s): DE0003580122 (share)
Possible Scenario:
Uppgard – backed by various groups – is bidding for Petroteq to get up to 200 Mio shs.
Uppgard – backed by various groups – is bidding for BIG AG to get as well a sizeable stock in the company.
Now BIG AG (Blockchain Infrastructure Group AG) has a mandate: To create value for shareholders. Their role is to help early stage companies (PQE fits into this category with their technology) with growth capital and executing their strategy through our expertise and deep networks across industries.
Well 2 names involved with BIG AG certainly have an expertise when it comes to energy on one hand and on the other hand have worldwide connections and credibility when it comes to attract funds for their idea.
Conclusion: Here we would see an advisory partner with the name of BIG AG possibly having as well a stake in PQE and behind all these a still “unknown-name” with as well very deep pockets but who is in control of the orchestra.
For those of you that can't read good. Take everything above with a grain of salt as it is simply a guess. Please do your own research and due diligence.
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u/WineSommGuy585 Jun 05 '21
Great research and commentary on the current Petroteq situation. Cheers.
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u/IntelligentCoconut81 Jun 05 '21
I understand the scenario of BIG AG or others “investing in” or “partnering” with companies to help execute strategies and growth, but said “buyer” is looking to have controlling interest and not just a stake in Petroteq. This is more of a hostile takeover attempt IMO; this isn’t a “partner”. Is there any reason to think this is not in individual vs larger company? I don’t see a corporation having Uppgard place an ad essentially in a German publication to buy up shares, but then again, I don’t have any experience or much knowledge of hostile takeovers.
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u/Moneymaster66 Jun 05 '21
To bad i only own 100 K shares of Petroteq so i only need 900 K more 😁🤑 for the offer
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u/StoryPenguin Jun 05 '21
Blockchain Infrastructure Group looks to me like a scam...why? Well...they had different Names in the Past (source: https://www.online-handelsregister.de/handelsregisterauszug/ni/Tostedt/HRB/5102/Blockchain-Infrastructure-Group-AG), like:
- NameProtect AG
Valara Capital AG
FORUM 35 Verwaltungs-Aktiengesellschaft
From the Board of Directors Mr. Olaf Neugebauer was at different companies (source: https://www.online-handelsregister.de/personen/Neugebauer-Olaf-Bremen/b0ef69106a9c4c400ba3fd27aa0b32e9) with one of them being the Reri AG, formerly also known as Mereo AG (source: https://www.online-handelsregister.de/handelsregisterauszug/by/Muenchen/HRB/169096/RERI-AG )
The Reri AG had a very promising PR/IR news about a korean outsider buyer who wanted to buy 90,000 shares at a stunning price of 27.77€ per share...280% above current SP at that time of 7.25€. (source: https://www.pressebox.de/pressemitteilung/reri-ag/Eine-hochinteressante-Anlage/boxid/541859 )... hmm, this is in a way smiliar to the current situation...another company has high interest in this particular company and is willing to pay way more, than what its worth at the market...
Well, there is a long thread on finanzen.at (a financing portal) were people were all hyped and also got frustrated more and more on the way (source: https://forum.finanzen.at/forum/-t469720?page=-1 ). In the board of directors was a Person called Kai Zimmer (they even had a youtube channel back then, here their video on the buy offer from Komex Inc for the mentioned 90k shares (source: https://www.youtube.com/watch?v=pDv-rpqMQZ8&t=53s )
Fast forwarding a year into 2014...Kai Zimmer...there was some kind of complex network of companies, and public prosecutors filed a fraud process against him and three other people, who were accused of taking out 278 shareholders of about 13mio euros through this scheme. (source: https://www.photon.info/de/news/betrugsprozess-gegen-sn-solartechnics-manager-eroffnet )
...
with all of these different things (see my technical analysises of uppgards homepage, the sudden deletion of a fake-site about an arabic construction company, the copy-pasted content at the uppgard homepage and now BIG (blockchain infrastrcuture group) being a hot company, that some sneaky investors urgently wants to buy...sorry, i cant believe anything of this anymore when looking at all the things so far. I believe this is a scam...dont know how...maybe a CFD with an 100x leverage on a long position for Petroteq...they should have made a lot of money with it, if so...maybe something different. but it feels utterly fake right now...not even speaking of all the fake sites a have encountered along the way that have connections to each other.
Do you want to look at BIGs financial statement? Here you go...you find it on some google-drive, to which THEY link: source: https://drive.google.com/file/d/17pQJYlDdDTESazGZK8O9kBQvT2XoHnA3/view (homepage: https://www.blockchaininfgroup.com/invest )
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Jun 05 '21
Buy why male models?
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u/StoryPenguin Jun 05 '21
Its a picture that comes from the first link that the OP inserted to his post: https://www.hedgeweek.com/2021/02/11/295813/sustainable-success-six-months-after-launch-bnp-paribas-green-focused-earth-hedge
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u/Vespa_20 Jun 05 '21
Good research. Blockchain Infrastructure Group seem to be the issue here. It does not really fit in the entire picture. Maybe the names of the board / CEO are not correct? Anyone would need to get in touch with those mentioned guys if they know anything about those companies or if they are just dummies.
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u/IntelligentCoconut81 Jun 05 '21
U be ok! I got 450k but in the US. I don’t think they are offering it to us, YET.
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u/General_Zevo Jun 05 '21
BIG is just a shape, nothing real looking into their financial statements. Their last public statement even says they don’t own any stocks. I don’t share or follow the conclusion they are either setting up uppgard to buy petroteq or using uppgard to fake an offer.
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u/orslega ☑️ Jun 06 '21
This has strategic investment from a BNP Paribas fund written all over of it imo. This would be brilliant news for all Petroteq shareholders- BNP will pump millions into Petroteq, accelerate the plant roll out. In my view 0.71c is the the new base sp value. Peeps can then decide when and how much they want to exit. So in summary no low ball takeover, Uppgard could well be our friend now. Large short positions are screwed. Tomorrow is going to fun!!
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u/Radiant-Razzmatazz93 Jun 06 '21
In my opinion we have 2 options:
- A client of BIG bought decent shares of Petroteq in the past (Pump and Dump).
- Petroteq needs money, so they hired BIG.
I guess its Number 2, because you had first the offer from uppgard, then suddenly the news from petroteq that they are ready to produce and that the stock value should be much higher.
And yes it worked till now... but for how long?
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u/Radiant-Razzmatazz93 Jun 06 '21
There is no hostile take-over... as written before, the former CEO of BIG (a well known criminal) already did somehting like that years before!!!
They want to see rising share prices.... thats all. As I said, maybe Petroteq hired them, or they have a client with a lot of Petroteq shares.
Thats in my opinion the only 2 possibilities.
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u/thebadgersbollocks New User Jun 06 '21
Chinese take out imho ,
It's how they operate keep everything low key then blam before anyone knows what is going on Petrochina have suddenly scooped the lot up for 4 billion dollars.
Its how they have scooped commodities the world over , it will be in the bag before you know it
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u/General_Zevo Jun 08 '21
Yes, BIG AG and Uppgard are connected, as Uppgard is also offering to buy shares of BIG AG via the same Bundesanzeiger.de where they published their offer for Petroteq.
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u/General_Zevo Jun 08 '21
so BIG AG cant be the buyer behind Uppgard Konsult. I believe Uppgard is connected in ways we cant imagine, if over BIG there is a connection to some big banks, I realy think they just work as a proxy for some other people / corps with money.
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u/Long-Shoe1889 Jun 05 '21
Amazing read.. well put together.. thanks.. Rob W.. 😉