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  4. Treaty Energy Corporation (TECO) Message Board

I want to add; I don't think the new BOD is to bla

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Post# of 39368
Posted On: 05/09/2016 4:32:21 PM
Posted By: DTL
Re: boilerfan #35195
I want to add; I don't think the new BOD is to blame although they have collectively shown very little progress to the public. IMO the only reason we have a new BOD is because heavily invested veteran shareholders wanted to eventually recoup some of their losses while gaining some control over decisions. The entire BOD are more than likely looking out for NUMBER 1. My bet is that as long as they know what is going on then they don't give a hoot about other longs! PRS cost money but regardless of costs; I doubt they would vote to spend a dime on more BS PRS that further implicate! Of course if they can get something done then it effects all shareholders but again, that is far from their incentives in my opinion. A shareholder class action lawsuit might get some attention or answers in the least but is it worth the effort and would it just slow any of their attempts to make good on their past goals? Past goals that go back months to years! That's assuming something is being accomplished to begin with!


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