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  4. Treaty Energy Corporation (TECO) Message Board

metro55, just my two cents: Based on the companies

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Post# of 39368
Posted On: 11/17/2016 11:23:12 AM
Posted By: DTL
Re: metro55 #35526
metro55, just my two cents: Based on the companies request of additional funds from shareholders and the fact other "whale" shareholders have already contributed and others on this board have $5K to lend TECO; I doubt the BOD is worried about the small investor/shareholder. I've been a TECO shareholder for 6+ years and I've come to learn these Utah shareholders were heavy hitters among others. I assume the BOD is being run by those who invested $100K-$500K range i.e. majority shareholders. These individuals are into the kind of money that can afford to chase bad money with good money in order to recoup their losses. Maybe some of them simply want to destroy those on the Ihub TECO board and are out for revenge. Who knows! All the "mom and pop" small investor can do is ride their coat tails with the hope the stock recovers back to pennies. I assume most longs need pennies to break even. My personal TECO investment and situation is I need .033/share. I have some money but there is no way in hell I would throw additional funds at TECO. Your correct when you say "even though treaty starts to be in business again who out there is going to buy my stock". TECO can slowly recover and trade again but in my opinion it will take many more years before a reasonable PPS is earned. Time will tell and it's already been many years.


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