Well said Sunny! Maybe the BOD had limited options but to RS before getting the new company off the ground using other means comes off as desperate. IMO there was no other way but the typical OTC way of an RS. The PPS can start out at .10 which still won't bring most longs even and IMO it will be shorted from there back down.. I personally need .35/share post RS to break even. The bashers and shorters with all the money will bring it down again because the oil business is slow and I highly doubt any new plans will keep up with the manipulation and shorting of the OTC. I also feel the BOD has zero experience in the OTC and if they do it is simply from holding shares of TECO versus "playing" or "trading" the OTC markets. I highly doubt I will ever see .35/share and I will not be buying more shares of TECO to average down. There are too many other stocks out there! The green rush is coming and I am already one who's money will be moving elsewhere.
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