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  4. Treaty Energy Corporation (TECO) Message Board

More than likely the only well in addition to Mitc

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Post# of 39368
Posted On: 11/02/2013 2:04:39 PM
Posted By: DTL
Re: Slow Ranger #21460
More than likely the only well in addition to Mitchell 3&4 with any received revenue in the 4th quarter would be the Stockton 2.  TECO needs to complete the well, swab, connects pumps and electricity,  fill tanks, schedule pickups and deliver and then receive revenue from the delivery in order to report it this year.  We won't know until the 2013 10K and if TECO and/or their accountant/auditors don't improve their chitty process then the 2013 10K won't be filed until June, 2014.  IMO any future investors, current shareholders, and the market will be slow to invest versus otherwise.  Maybe more PR's or a major milestone will trump the financials.  In addition the manipulation definitely won't let up and NSS will continue as long as the financials show weak progress.  It doesn't mean that weak isn't becoming stronger on a daily basis but again;  today's progress won't show up in official filings for a while.


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