I'll continue to vent! I understand the sector and market comparisons of these other E&P stocks. Treaty has been the target of hedgefunds and shorting manipulation. I'm not experienced enough to try and figure out via the charts and without having watched their daily L2's whether or not these other E&P's are categorized as "manipulated". All I know from experience with other PS and OTCBB stocks in general is that lack of credibility can slow or kill a PS or OTCBB company. Some say TECO's lower PPS is simply due to lack of performance. As pointed out there are other E&P companies in the same sector without as much performance or possible milestonse going for them yet the PPS's are higher with higher market caps and similar share structures. These other stock performances are great for optimism but "why not TECO". What separates TECO from this pack? Why can't TECO hold the .08 range or better? IMO it's ongoing lack of credibility, putting the cart before horse, actions speak louder than words, etc and it continues right into the 3rd 10Q i.e. "estimated 100 BPD from Wooldridge". What if BPD comes in lower? Wouldn't it be best to not predict the BPD until proven? When will they learn? Shorters have been attacking TECO for a year or longer and will continue to do so if credibility doesn't return. If that's the case then TECO will wallow between .03-.10 while longs sell along the range and possibly re-enter at the lower levels. That is trend trading and daytrading i.e. not what TECO needs for a solid shareholder base while trying to move into the higher markets. When I say I'm long it means "I await the higher markets and dollars" and so far Treaty is failing at the most fundamental aspects of getting to the higher markets i.e. credibility. It's one the most simplest problems to fix i.e just shut up, put up and then speak. People who think "NEWS" will help the PPS are naive who haven't played many penny stocks where PR's and management continues to lack credibility. We had some great news during all of 2012 yet it consisted of much BS and so we sit at .028 range. What the hell did all that great news do; especially the PR's I post below. IMO the technicals, charts and bottoms will help propel the stock in the coming weeks but only as far as fundamentals and credibility will allow. To maintain solid support at much higher levels the financials and TRRC reports need to improve which will take time. I personally have time but my patience is running out so I'm not sure what I will do once I hit a double i.e. 8's. IMO I think we hit 8's and then retrace again; rinse and repeat unlesss something quickly changes. Maybe I start to flip? All I know is that remaining complacent after this last 10Q; might or might not be the best way to play it. I'm still weighing in on the so-called "new" operations that is suppose to have all these consultants we shareholders paid for with shares. Hopefully they provide much better analysis coming back from the field and Mr Reid gets off his ass to verify the reports. No more of this 229 BPD coming back from the likes of Madeley while only to have a nice gas find but much less revenue that was suppose to justify my July buys. It's no wonder the hedgies are allowed to short the shit out of TECO. Mangement is helping them out.
In conclusion, Mr. Reid stated, "I am extremely pleased with results so far from our Shelby County Texas leases. Treaty is now producing oil at the rate 
of 229 BOPD and natural gas at 822 MCF per day with expectations of huge increases in those numbers as other wells are worked over, re-entered, and additional new wells drilled on these new East Texas leases. Our news release of July 9, 2012 should be reviewed for considerable background information on our East Texas oil & gas fields."
