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Treaty Energy Corporation TECO
Posted On: 11/25/2014 7:24:28 PM
Post# of 39368
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Posted By: BULL2222
Re: Specialized #30225
I understand all of that..... The number you (collectively) suggest is not, in my firm belief, a workable number.

You are sitting with....

TECO Security Details
Share Structure
Market Value1 $7,400,709 a/o Nov 24, 2014
Shares Outstanding 1,947,554,895 a/o Aug 25, 2014
Float Not Available
Authorized Shares 1,950,000,000 a/o Nov 01, 2013
Par Value 0.001

The problem arises when you suggest a 200 to 300 million increase and the real O/S stands at that already, if not higher. This has occurred before where shares have been sold beyond the A/S, Look at the last Q filed, NOTE 10 – DERIVATIVE LIABILITY.

I respect the group out there in Salt Lake, Very good people and great shareholders.

Personally, it looks to me like we need at least to move the A/S to 3 billion.

Is that something that is agreeable to the group out there?

BULL


















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