Ha. Now i get it. It was this post by TD that upset you right.
tdbowieknife Member Level Saturday, 12/27/14 08:19:50 PM
Re: bullmarket2222 post# 85653
Post # 85654 of 85657
I have followed many stocks suspended by the SEC and that is one of the more crazy ideas I have heard and reeks of scam. Even if investors were to be stupid enough the give Treaty more money for filings, how does it make sense to spend it on a company that is also being sued by the SEC for securities fraud??? If the filings are done without the cooperation of those involved in the fraud how could the SEC ever think they are complete and accurate??? What about all the previous fraudulent filings that now would need to be amended FIRST??? Reid and Blackburn have invoked the 5th they obviously will not cooperate. There are years worth of fraudulent filings... How much would that all cost?? A company cannot file based on filings that are misleading and fraudulent. Even if by some miracle filings were submitted, how many questions do you think the SEC might have as they would very likely be lacking, and I doubt they would ever be excepted by the SEC until the securities fraud issues are dealt with and then Treaty Energy stock would likely be revoked anyway for the conviction's of securities fraud.
As for revenue... Revenue from what?? Texas Sands and Treaty Energy still have a whole boatload of TRRC issues, one being the P-5 very near extinction... Treaty can't even operate what little it has left. Treaty will also very likely be sued by the State of Texas for the 8 McComas well plugging's and very likely the 3 wells on the Barnes lease as well. That alone will cost 100's of thousands of dollars.
Then of coures there are all the lawsits and huge debts to about everybody... Nobody with any brains and common sence would give Treaty a dime. I doubt even toxic finaciers would touch this total POS fruadulent company...
It looks to me that the company is desperately trying to give hope were there is none to keep folks from selling when the stock trades again. What has been said by the company has been very lacking in details and very misleading. Treaty is still the scam it always was... Nothing is any different now than before... Nothing.
tdbowieknife Member Level Saturday, 12/27/14 08:19:50 PM
Re: bullmarket2222 post# 85653
Post # 85654 of 85657
I have followed many stocks suspended by the SEC and that is one of the more crazy ideas I have heard and reeks of scam. Even if investors were to be stupid enough the give Treaty more money for filings, how does it make sense to spend it on a company that is also being sued by the SEC for securities fraud??? If the filings are done without the cooperation of those involved in the fraud how could the SEC ever think they are complete and accurate??? What about all the previous fraudulent filings that now would need to be amended FIRST??? Reid and Blackburn have invoked the 5th they obviously will not cooperate. There are years worth of fraudulent filings... How much would that all cost?? A company cannot file based on filings that are misleading and fraudulent. Even if by some miracle filings were submitted, how many questions do you think the SEC might have as they would very likely be lacking, and I doubt they would ever be excepted by the SEC until the securities fraud issues are dealt with and then Treaty Energy stock would likely be revoked anyway for the conviction's of securities fraud.
As for revenue... Revenue from what?? Texas Sands and Treaty Energy still have a whole boatload of TRRC issues, one being the P-5 very near extinction... Treaty can't even operate what little it has left. Treaty will also very likely be sued by the State of Texas for the 8 McComas well plugging's and very likely the 3 wells on the Barnes lease as well. That alone will cost 100's of thousands of dollars.
Then of coures there are all the lawsits and huge debts to about everybody... Nobody with any brains and common sence would give Treaty a dime. I doubt even toxic finaciers would touch this total POS fruadulent company...
It looks to me that the company is desperately trying to give hope were there is none to keep folks from selling when the stock trades again. What has been said by the company has been very lacking in details and very misleading. Treaty is still the scam it always was... Nothing is any different now than before... Nothing.
