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  4. Treaty Energy Corporation (TECO) Message Board

IMO delays will happen is most startup business' 

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Post# of 39368
Posted On: 11/05/2013 10:27:19 AM
Posted By: DTL
Re: 2020Investor #21579
IMO delays will happen is most startup business' and a lack of funding and failed projects will cause further delays.  My whole point in last nights  post is "credibility".   I do feel they will  "eventually" drill qty 5 wells but why bother to post finite dates and schedules?  Especially if for years those dates and schedules have constantly slipped.  How many times can a business "cry wolf" and still remain a business with credible information?  Let's see if they complete qty 5 wells by 12/31.  I don't see it! 
Telling shareholders qty 5 wells by 12/31 is like saying "1000 BPD by June 2012" and bullchit never stops!  


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