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Treaty Energy Corporation TECO
Posted On: 11/06/2012 2:48:32 PM
Post# of 39368
Posted By: Slow Ranger

hey Kanola....I only have one permission to write on IHUB....but the line I was about to incorporate in the submission would be that Mr Reid probably wouldn't let go of his shares on a deal unless it were over a dollar a share to Tanjung....



If Tanjung has as many shares as they say to force membership on the BOD, and they bought up the rest at the 3 cent or thereabouts...then it would still be ok for them to spend a half billion  (a dollar a share ) to buy out the rest of the share holders...TECO has a lot of acreage. Tanjung probably has 10 big drills in a cargo ship heading to Texas and Loiuisianna and a few to Belize to capitalize on the oil possibilities in the western hemisphere. They only need a toehold and then move on from there...that half billion would be chump change to them.














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