This is purely speculation and who knows what is r
Post# of 39368
Posted On: 09/11/2014 1:15:28 PM
This is purely speculation and who knows what is really being structured but based on the last PR I have theories.
Here is the irony: The NSS, Ihub basher propaganda machine, Involuntary BK, combined with past business mistakes has all but put TECO into the grey sheets. This has basically put TECO very close to the status as a "shell" company. TECO minus some "oil field assets" i.e. all the drilling equipment, wireline truck, etc is a shell.
If I were a private company and wanted/needed those assets and I wanted to go public then we have a win/win situation. My private company purchases i.e. "strips those assets" from TECO. TECO has basically nothing left but a shell and a ripe picking for a reverse merger with an up and coming and successful private company. Dividends in the the new company are issued. A new company name, new cusip, and vision is established with similar and additional aspirations (think clean water) that TECO once had. The DTCC needs to account for every legitimate outstanding share and woops; they are missing 250mm certificates due to years of dilution via 250mm NSS shares. Why do the broker/dealers books say an OS of 2.25B shares but there are only 2B certificates in circulation and accounted for? So who is pissing their pants now? Hey shorts; get ready for the blow of the century! BUYERS SHOULD START BUYING NOW!
Here is the irony: The NSS, Ihub basher propaganda machine, Involuntary BK, combined with past business mistakes has all but put TECO into the grey sheets. This has basically put TECO very close to the status as a "shell" company. TECO minus some "oil field assets" i.e. all the drilling equipment, wireline truck, etc is a shell.
If I were a private company and wanted/needed those assets and I wanted to go public then we have a win/win situation. My private company purchases i.e. "strips those assets" from TECO. TECO has basically nothing left but a shell and a ripe picking for a reverse merger with an up and coming and successful private company. Dividends in the the new company are issued. A new company name, new cusip, and vision is established with similar and additional aspirations (think clean water) that TECO once had. The DTCC needs to account for every legitimate outstanding share and woops; they are missing 250mm certificates due to years of dilution via 250mm NSS shares. Why do the broker/dealers books say an OS of 2.25B shares but there are only 2B certificates in circulation and accounted for? So who is pissing their pants now? Hey shorts; get ready for the blow of the century! BUYERS SHOULD START BUYING NOW!
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