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  4. Treaty Energy Corporation (TECO) Message Board

Interesting Thought?  Just stopped by to see what

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Post# of 39368
Posted On: 01/15/2014 9:02:52 AM
Posted By: blindinvestor
Interesting Thought?  Just stopped by to see what the latest was for TECO and remembered that the hearing date is approaching and TECO is submitting their documentation this week.  Now for the thought....  The decision has already been made that the perpetrators did something wrong which was substantiated by the court's decision to throw out their claims before.  So that is a foregone conclusion.  Now that TECO is filing for damages is the real action at hand.  Seems to me that if they can show damages of most any kind the court will probably side with them and the perpetrators will be handed yet another defeat, and TECO could be handed a nice award for the damages.  Is this what others see?  If that's the case, this can really be a win, win for TECO shareholders. 
Depending on how far up the chain this action might go, TECO shareholders could possibly have a claim for a class action suit against these same perps and others if IFLUB is also included as a defendant.  And since they may have a bond by someone higher up, that suit could possibly then go against that bond issuer, etc.  You get the picture.  This could be a bright and early spring for investors.  And when you add in the drilling opportunities TECO wants to put into play this year, 2014 might be the green year we have been searching for.  And if all of this happens, it'll be cheers for everyone and bygones will be just that.  Time will tell, but it's only going to be a short time at that.


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