TREATY Energy Corporation – Shareholder Update - November 19, 2014
The Management and Board of Directors of Treaty Energy Corporation wish to assure its shareholders that the previously announced PLAN is proceeding. As we have stated before, we are committed to giving you back a company of which you can be proud.
We, however, are concerned about the strong desire to criticize the company or Management when we do not meet self-imposed deadlines. We believe this is potentially unhealthy in terms of corporate progress. To the extent we have contributed to that atmosphere of tension and anticipation, we wish to state that we have no intention of creating an atmosphere of anxiety for our shareholders. We trust that our loyal shareholders will appreciate that we have been as open and transparent as possible, quite frankly more than the majority of other public companies.
So let me reiterate, Management is on track to completing its PLAN to restore credibility to TREATY and to execute on ALL facets of that PLAN. In business, PLANS can and usually do ebb and flow. We assure you that, should something dramatically change or impact our PLAN, we will inform you in due course as soon as is practical. Until such time, please understand that we are diligently working to tackle the series of complex issues that have saddled this corporation for too long. As you can imagine, the restoration of TREATY to market credibility will and is requiring a comprehensive strategy to address the many complexities at all levels that unfortunately burden this company. The Management and Board are putting every effort into turning TREATY around for the benefit of ALL shareholders.
We truly thank you for your support, encouragement and patience. We ask that you continue to support us as we move towards our goals. We will be more cautious in terms of hard deadlines as mentioned previously to avoid unnecessary anxiety. In light of the fact that Thanksgiving is quickly coming upon us; and the fact that ALL of us should be able to celebrate such an important time with our loved ones; the anticipated November 30th update will be published on or about December 2nd. Obviously, any material events that may transpire in the meantime will be published in the form of an official NEWSWIRE announcement at such time.
Chris D. Tesarski
EXECUTIVE CHAIRMAN & CEO
TREATY ENERGY CORPORATION
The Management and Board of Directors of Treaty Energy Corporation wish to assure its shareholders that the previously announced PLAN is proceeding. As we have stated before, we are committed to giving you back a company of which you can be proud.
We, however, are concerned about the strong desire to criticize the company or Management when we do not meet self-imposed deadlines. We believe this is potentially unhealthy in terms of corporate progress. To the extent we have contributed to that atmosphere of tension and anticipation, we wish to state that we have no intention of creating an atmosphere of anxiety for our shareholders. We trust that our loyal shareholders will appreciate that we have been as open and transparent as possible, quite frankly more than the majority of other public companies.
So let me reiterate, Management is on track to completing its PLAN to restore credibility to TREATY and to execute on ALL facets of that PLAN. In business, PLANS can and usually do ebb and flow. We assure you that, should something dramatically change or impact our PLAN, we will inform you in due course as soon as is practical. Until such time, please understand that we are diligently working to tackle the series of complex issues that have saddled this corporation for too long. As you can imagine, the restoration of TREATY to market credibility will and is requiring a comprehensive strategy to address the many complexities at all levels that unfortunately burden this company. The Management and Board are putting every effort into turning TREATY around for the benefit of ALL shareholders.
We truly thank you for your support, encouragement and patience. We ask that you continue to support us as we move towards our goals. We will be more cautious in terms of hard deadlines as mentioned previously to avoid unnecessary anxiety. In light of the fact that Thanksgiving is quickly coming upon us; and the fact that ALL of us should be able to celebrate such an important time with our loved ones; the anticipated November 30th update will be published on or about December 2nd. Obviously, any material events that may transpire in the meantime will be published in the form of an official NEWSWIRE announcement at such time.
Chris D. Tesarski
EXECUTIVE CHAIRMAN & CEO
TREATY ENERGY CORPORATION
