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Treaty Energy Corporation TECO
Posted On: 10/11/2013 10:44:27 AM
Post# of 39368
Posted By: DTL
Re: tommyd2mil #20751
Hence when a company is up to their eyeballs in WI like in paying the electric bills, maintaining the mechanical hardware, fee's, deliveries, etc and as is on the existing Mitchell 3&4 they only receive a whopping 28% NRI;  it's tough for working capitol to get up and running without selling a boatload of restricted shares.  Then they lock out liquidity to those who want to sell those restricted shares until the company gets their chit together once and for all.  It's good to see that these so-called industry oil men executives  have learned some lessons about how to make money in the oil business.  I wonder who or what woke them up to their past trial and error endeavors. Now if they could only learn how the micro-cap markets work;  we might have a decent investment.  













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