Posted On: 11/29/2013 1:44:59 PM
Post# of 39368
Management and consultants were paid to do a job. You speak as though their have been proceeds from Belize and those proceeds only went to management and consultants which is completely false. I haven't seen any Belize revenue listed in the SEC financial filings but only expenses. In addition do you have proof that Belize is all done? TECO could strike oil in SJ #3 within weeks or months or decide to start drilling a new well with proceeds from the qty 5 wells they will complete in W. Texas. Good luck with your idea because IMO it will fail! They could have subject matter experts in a courtroom proving that there are 6mm barrels of oil under SJ #1, #2, and #3. They could also have SME's in a courtroom proving how difficult it is to get that oil out of the ground. Good luck proving that Belize is a false claim and that oil will never come out of the ground. IMO Belize's success is just going to take much longer than expected.


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