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  4. Treaty Energy Corporation (TECO) Message Board

In my opinion TECO will be uplisted to the Nasdaq

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Post# of 39368
Posted On: 12/09/2012 12:15:20 AM
Posted By: DTL
Re: Dead Cat Bouncer #4113

In my opinion TECO will be uplisted to the Nasdaq by 2014 and the Nasdaq has a minimum shareprice of $4/share.  BPD will hit 200 BPD by Febuary, 2013 if not sooner.  Belize alone will bring 100's if not 1000's of BPD within 2013.  Let's put it this way, your statement "I think we will get 115 barrels a day by the end of 2013. 200 bld by June 2014." Do you know how much cash TECO will burn through taking 1 1/2 more years to hit only 200 BPD? You obviously don't understand what kind of company your invested in or how much cash it takes to analyze and drill a well.  If your statement comes true and TECO doesn't produce 200 BPD within the next six months; then sell your position because they will be in quite a bit of debt and the AS will be so high that the PPS will be subpenny.  In my opinion TECO won't be able to survive that long with the ongoing manipulation and attacks if BPD trickles in that slowly.  TECO can only last for so long in the microcaps before they are required to raise the AS or borrow if they don't start producing at least 200 BPD within the next quarter. Anyone thinking otherwise is in denial.



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