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Treaty Energy Corporation TECO
Posted On: 03/30/2015 10:43:37 PM
Post# of 39368
Posted By: JimmyTolkCol
Re: Specialized #32847
You don't find that odd that treasury shares match your latest post of failure to deliver? Should be big funding coming like 10's of millions if they can deal with shorts because open market for these tightly held shares will be higher than all time high for last 3 years , I assume one wants a profit holding so long... Seems cheap since said failure is suppose to go back to original merger creating Treaty which was like what, .23+/share? Why shouldn't they pay interest? A deal would be worth forgiving a lot, though.
Quote:
Sixth, share increase with 200,000,000 shares in the treasury with controls on when they can be sold.

Selling shares at subpenny is not good business... Its correct to raise money to drill/invest in income production, but not to pay salaries or loan payments ... as CEO makes clear they need income to cover expenses which is being hindered by outsiders trying to kill a business.













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