There has been a behind the scenes organized campa

There has been a behind the scenes organized campaign to destroy TECO for years. All the way back to the ARGY days, broker/dealers don't want to account for years of Naked Short Selling abuse.
IMO Reid and Gwyn failed the oil business but I also believe they had much interference behind the scenes. Gwyn has his own issues including fraud IMO and Reid was drawn into it. Gwyn and Reid became the perfect NSS targets! They were so busy with other matters including their own personal agenda's that the NSS crew walked all over them and almost succeeded!
I've been an Ihub member for ten years and I've traded many stocks and I've never seen the likes of bashing like I've seen on the TECO Ihub board! That board in and of itself is proof of an organized campaign. Any experienced trader would be an idiot not to take notice of it. The Involuntary BK was another attempt and IMO part of the same organization bought and paid for by some entity protecting their NSS arses! Maybe multiple entities! Some will come out and say I'm crazy or "this sounds like some Hollywood movie". Many OTC companies have been purposely put out of business due to NSS dilution. This interference could have been a huge cause for lack of funding, etc and it's obvious the interference was purposeful. The only way Reid and Gwyn could have won the NSS battle and keep TECO out of the eventual greys is to succeed in the oil business. One way to beat this organized campaign is to R/M with an up and coming private company by liquidating the "oil field assets" of TECO. If assets are all that TECO has then TECO can be defined as a "shell company" and the share structure will be accounted for by the DTCC through the resulting R/M share structure. After the completion of an R/M it would truly hurt those interfering with TECO if some long planned and large projects/deals were announced. In parallel get those SEC filed financials completed and current. THE SHORTS ARE ABOUT TO BE FRIED AND THEIR MOODS AND DESPERATION ARE SHOWING!

What is a reverse merger?
In a reverse merger, investors of the private company acquire a majority of the shares of the public shell company, which is then merged with the purchasing entity. Investment banks and financial institutions typically use shell companies as vehicles to complete these deals. These relatively simple shell companies can be registered with the SEC on the front end (prior to the deal), making the registration process relatively straightforward and less expensive. To consummate the deal, the private company trades shares with the public shell in exchange for the shell's stock, transforming the acquirer into a public company.
Reverse mergers allow a private company to become public without raising capital, which considerably simplifies the process. While conventional IPOs can take months (even over a calendar year) to materialize, reverse mergers can take only a few weeks to complete (in some cases, in as little as 30 days). This saves management a lot of time and energy, ensuring that there is sufficient time devoted to running the company.
Undergoing the conventional IPO process does not guarantee that the company will ultimately finish the process. Managers can spend hundreds of hours planning for a traditional IPO, however, if market conditions become unfavorable to the proposed offering, all of those hours will have become a wasted effort. Pursuing a reverse merger minimizes this risk.
As mentioned earlier, the traditional IPO combines both the go-public and capital raising functions. As the reverse merger is solely a mechanism to convert a private company into a public entity, the process is less dependent on market conditions (because the company is not proposing to raise capital). Since a reverse merger functions solely as a conversion mechanism, market conditions have little bearing on the offering. Rather, the process is undertaken in order to attempt to realize the benefits of being a public entity. (Read more in The Murky Waters Of The IPO Market.)

Benefits as a Public Company
Private companies, generally with $100 million to several hundred million in revenue, are usually attracted to the prospect of being a publicly-traded company. The company's securities become traded on an exchange, and thus enjoy greater liquidity. The original investors gain the option of liquidating their investment, providing for convenient exit alternatives. The company has greater access to the capital markets, as management now has the option of issuing additional stock through secondary offerings. If stockholders possess warrants – where they have the right to purchase additional stock at a pre-determined price – the exercise of these options provides additional capital infusion into the company.

Public companies often trade at higher multiples than do private companies; significantly increased liquidity means that both the general public and investing institutions (and large operational companies) have access to the company's stock, which can drive up price. Management also has more strategic options to pursue growth, including mergers and acquisitions. As stewards of the acquiring company, they can use company stock as the currency with which to acquire target companies. Finally, because public shares are more liquid, management can use stock incentive plans in order to attract and retain employees. (To learn more, read For Companies, Staying Private A Matter Of Choice.)