Treaty Energy Corporation 50 mins · Edited ·
Post# of 39368
50 mins · Edited ·
Shareholder Update
March 5, 2015
Treaty Energy wishes to apologize to our shareholders, but despite our ambitious plans the Form 8-K we intended for today will not be available until next week due to information REQUIRED to be included in the submission. This short delay is due to circumstances entirely beyond the company's control.
We believe that you as shareholders will want and demand that ALL information insofar as possible be incorporated into a single document that ENSURES ACCURATE, CREDIBLE INFORMATION rather than a piecemeal approach with multiple Form 8-K filings, which would lead to extra cost and partial information.
Several positive developments for the company and its shareholders need and deserve diligence in terms of reporting. In addition the company will ensure that it's website is fully functioning and updated next week as well.
The company intends to provide certain positive developments in terms of the structure of its Board of Directors, details of the previously announced accretive transaction, and the commencement of the audit process and financial reporting that is necessary to return the company to full reporting and regulatory compliance.
External parties providing professional guidance to the company have assured us there will be no further delays past next week. We are prepared to move forward with that commitment, but will not set a specific date as we did this week. Once again we apologize, but please understand we are working hard to move Treaty Energy forward and know that shareholders will be pleased with the progress made and the direction in which we are heading for 2015.
With appreciation. Your Board of Directors.