BTW Platon, How much did you make selling the ans
Post# of 39368
bullmarket2222
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Wednesday, January 25, 2012 8:06:10 PM
Re: None Post # of 26599
Meeting went Great.
These were the questions asked.
1. I am heavily invested in Treaty with nearly 4 million shares. One of my concerns is a statement we constantly told consumers in my old job working white collar crime cases. “If it appears too good to be true it usually is.” If this company can accomplish everything they want in my calculations, it is a multi-dollar stock. It does appear to be too good to be true.
2. Mr. Gwyn; This stock moved when your affiliation with this company became public. How is financing coming for the various projects? What is the chance of hitting oil in Belize? the 5000 BPD project in Texas? The 1,000BPD project in Texas?
3. Mr. Gwyn Did you leave your investment practice because the economy turned down or because Treaty had so much potential?
4. Where do you see this company in 1 year? 2 years? 5 years?
5. We sold 20 % of our share of the Princess concession to investors. Do these investors have a 20% share in the Paradise concession? Which of these investors are officers of Treaty?
6. Will you get the capital to expand to other locations internationally and domestically? When? Where? How?
7. The message boards have not been kind to Andrew relating to FINRA fines. Has this been a problem/issue for the Belize government? Is there any substance to any of these fines? Were these mistakes from the past or bullshit claims?
8. From my calculations, assuming the same profit ratio. Getting 5,000 BPD from Texas equates to around 13,000 to 15,000 BPD from Belize (Assuming our 40% interest and payments to the charitable fund. How is the Texas project going and when will the funding be in place to pursue this other project in Texas.
9. Is the profit ratio around 60% of revenue in Texas?
10. When will the larger project in Texas happen?
11. Any thoughts of buying back shares.
12. I know that sometimes the sum of the parts is greater than the whole but what are the long term advantages of spinning off the drilling company?
13. There were problems with the Kansas leases. Is Kansas done for good?
14. $9 million in financing was approved for Kansas. Is that still there?
15. Kansas was estimated at 1500 BPD and had great potential. There is an office listed on Treaty’s website.
16. With so much potential why did Danos, Randall Newton and Barksdale step down. (As part of my due diligence I did try to reach out to Danos and Randall Newton without any call backs to me.)
17. Do Danos, Randall Newton or Barksdale have a current relationship with company? Do they own stock?
18. What ever happened to Tn?
19. There are a lot of high level people . what are salaries? Did they get salaries, stock or both.
20. Are you engaged in fracking.
21. Lee Schlesinger. Did you leave your investment practice because the economy turned down or because Treaty had so much potential?
22. Ron Blacburn. What is his involvement?
23. Someone had a prior relationship with Princess – who?
24. Mr. Blackburn was or is an insider. I do not see any SEC forms showing selling but I believe there has been significant. When?? And how many shares?
25. IHUB has mentioned a possible relationship with BNE. What are the pros and cons? What did they do to lose their lease and would their bad reputation have any negative repercussions on Treaty?
26. Is there any benefit in a press release that includes how many shares all insiders own and a statement related to buying not selling if that is the case.
27. How do Belizeans view us?
28. What are the chances of Treaty building the refinery?
29. The money marketers appear to be playing games with this stock.
30. How many employees does Treaty have? Contractors?
31. A lot of equipment has been purchased at auction. What is the cost and market value?
32. If the drilling company separates, will they do all the drilling for other companies? Will Treaty also have some equipment for itself or will it hire Treaty drilling?
33. How large is it now and how large could the drilling for other companies be?
34. The website should be current and accurate. ( Ie Kansas #)
35. What scientific reports are there – Geologist etc –Please describe estimating the potential in Belize and Texas, and others?
36. There is a lot of enthusiasm for this company. What science/evidence backs up this enthusiasm?
37. When will work start on the Paradise concession?
38. When Mr. York is in Belize or Texas, who runs the other operation?
39. Have there been any inquiries from any regulatory agencies.
40. Any formal complaints etc.
41. When does President Barrows term end?
42. What percentage will go to the trust?
43. How much of the charities funds go to Larosa?
44. Once you get to the 1,000 BPD and then the other 5,0000 PBD goal, how many years will that be good for?
45. There’s been a lot of” hate in the heart” from several people on message boards. – source of hate?
46. 3 BPD – please describe set-up. Is there a storage tank at each well. Cost? Does someone go around daily, weekly monthly and siphon off? Once a well is up and going – any maintenance? How many workers needed per area?
47. If you do not hit oil on either of the first two wells in Belize, do you have a plan to save the share price? Kansas? Texas? Other?
48. Using standard estimates in Texas please explain what the net profit ratio would be under these circumstances? Scenario 1 - one well – 1,000 BPD; Scenario 2 – 333 wells -1,000 BPD (or 3BPD per well) What costs are with each well? Generator? Storage Tank?, employee? Transportation? Is activity remotely scanned? Security?
49. On average how long does a rework well function well? What’s the cost and can it be reworked again?
50. Once 1,000BPD is achieved –How long will this last?
51. Is the current oil from Texas covering all rework costs plus cost of outstanding loans?
52. Are new leases being sought in Texas to assure June 30, 2012 1,000BPD? Is their financing available to buy new leases to assure the 6/30/2012 goal?
53. When will solvency be reached?