TECO published a six month plan and mentions "shar
Post# of 39368
TECO published a six month plan and mentions "share holder value". Hear me out........why were BK petitioners prompted to file claims? Who are they after? They either think they have a legitimate claim or this was a spiteful act towards an insider. Why have we seen liens filed and debts owed and why no response to them? It's been implied that procuring financing and/or better terms of financing has been difficult due to these petitioners. IMO that is just an excuse for the lack of funding all along and dating back to pre-Belize. Meanwhile the OS is close to 2B. As of today we have a new team of consultants and subject matter experts which will cost what to shareholders? Let's get back to the "six month plan". How can anyone publish a "plan" without the full knowledge that it has already been financed? How can anyone confidently publish a plan without the full knowledge of where and what to drill and how it will be drilled and who will drill it? In addition and prior to the six month plan we had PR's and newsletters stating "Qty 5 wells drilled by 12/31/2013" and completed in 1st quarter 2014"? Is this some glorified "bait and switch" because on the surface and in my opinion it sure looks like it until proven otherwise. IMO the "shareholder value" mentioned in the "six month plan" pertains to those buying at PPS levels during the announcement of the six month plan but not the value "loyal longs" have lost and who have been buying shares since the .07's area or higher. Loyal longs who have been buying shares based on numerous past PR"s, past plans, and many false starts! We have seen consultants listed in 10Q's and shares issued for those consultants and for what? I could look up the 10Q's but I won't bother. I don't remember the specific jobs these consultants were hired to do. I do remember there were a number of shares issued for their services and to what end? Today's PR is the first time I remember receiving a specific path forward and job title for any hired consultants. Regardless and in my opinion; the "six month plan" was premature and just another example of ...................Let's see what the 10K looks like and if the Kubacak plan is executed and if we're not at a 4B OS by the time TECO shows this elusive Cash Flow Positive!