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Treaty Energy Corporation TECO
Posted On: 09/19/2013 10:22:53 AM
Post# of 39368
Posted By: blindinvestor
Re: winnerwinner #20156
George Warren leaving Treaty is not a negative for the company.  What is probable is that he recognized that since he has two companies of his own to run, plus his participation in a foreign company as a director, he simply didn't have any time left for Treaty after taking some time to be with his family.  So, here's a thanks for whatever he did contribute to assist Treaty, and now it's time for the company to move on.  Consider the news today and the 2013 business plan is unfolding pretty well.  Albeit a bit slow, everything today seems to move a bit slower than it moved six or seven years ago.  With today's announcement and intended completion of two more wells Treaty could be producing sufficient oil and subsequent revenue to attain a cashflow positive situation by yearend.  Hhmmm.  Not too bad.  In fact, pretty good, as it portends there could be even better things on the horizon.  While the company is probably not on pace for the Indy 500, at least the truck is leaving the warehouse, so to speak.  Good times ahead.  Get Ready!













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