Dloggold, it is well documented that insiders own millions of TECO shares.  Why would they purposely sell shares and dilute their own market if their own net worth would be effected?  I think it's a simple case of not having the initial success to do anything about it.  IMO they are lucky to have survived as long as they have.   A company increases the share structure to fund operations and the lower the PPS the more shares they are required to sell for the targeted capitol.  One of the reasons that TECO's share value has become so low is due to NSS as described in my post no. 24262.  It's a vicious cycle!  First the NSS destroys share value and the company needs to dilute more shares than not to fund project ABC.  Then the aholes short with more NSS and then a PPS with  lower lows and then even more shares sold to fund project XYZ and eventually the company goes to hell in the greys and files bankruptcy.  This is not some Hollywood conspiracy theory.   I know I bitch  about delays, false starts, etc but if there was no tortious interference and no NSS then what would any other start up oil companies PPS be with qty 5 oil wells in play?  The market is forward looking and TECO's PPS should be .03.   That said;  management doesn't have a clue what the fock to do about it and again;  has fueled the NSS fire!