This was posted on Treaty Facebook 2 hrs ago. My f
Post# of 39368
the BOD:
t has come to our attention that a lack of social media discussion and newswire would indicate the death of the company... nothing could be further from the truth. Treaty has suffered from credibility issues. Credibility suffers when expectations are set too high. Credibility suffers when results do not match words. Your management and Board take this company seriously and as previously mentioned will now report and only report RESULTS. A daily peek into the life of a corporation is quite frankly unheard of. It is not the responsibility or the obligation of leadership to divulge daily activities being diligently pursued to clean up TECO. We will say this, your leadership is stalwart on its commitment to daily seek strategic paths for rebuilding TECO. That's our daily commitment, we take it seriously. As material information becomes necessary for dissemination to shareholders and the markets at large, we will do so. Previous communication despite being well intentioned and designed to give shareholders "hope" watching the daily workings of the company, turn out to be easy targets when external market forces beyond the company's control work against "the best laid plans". TECO needs to be focused on results, not creating hopeful expectation. We're committed. We thank our shareholders for being committed. We believe it best our shareholders be well informed instead of being placated by "well intentioned" commentary. WELL INFORMED means REAL RESULTS from the daily hard work of running ANY company. TECO is no exception to that.
We seek safe harbour and once again thank all our shareholders for your support.
The Board of Directors