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Treaty Energy Corporation TECO
Posted On: 11/17/2016 11:41:38 AM
Post# of 39368
Posted By: DTL
Re: bigdaddy21c #35527
bigdaddy21c, what do you think TECO can achieve for a PPS or EPS based solely on the current share structure and near term revenue? Above and beyond bringing all filings current; what future revenue will they require to bring in a reasonable PPS/EPS?
In my opinion it's not the oil i.e. $10K in revenue/month that will get the PPS moving; it's the results of any forthcoming lawsuit against those who NSS'D TECO. It's using some of that revenue to go after those who NSS"D TECO and to force their hands into buying back phantom shares via a well orchestrated lawsuit. It's the results of those actions that would rocket the PPS to a dime regardless of share structure and revenue. I assume an illegal shorter would rather pay up to .10/share to bring TECO'S share structure "whole" versus going to jail or paying hundreds of thousands in fines.
In my opinion this will all depends on how this "Shareholder Abuse and Recovery Trust" goes. In parallel with becoming compliant and current; TECO might want to use any future revenue and SARTO funds to go after these NSS clowns. In my opinion TECO needs to look legitimate and become compliant before a court would listen to any NSS claims but maybe not. Especially with the old BOD being pursued for numerous violations. Time will tell and I'm still here on the side of the shareholders and company. It's all about "money".













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