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  4. Treaty Energy Corporation (TECO) Message Board

Right you are DRL.  Let me pretend for a moment,

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Post# of 39368
Posted On: 01/13/2013 8:24:28 PM
Posted By: BaderBob
Re: DTL #5268

Right you are DRL.  Let me pretend for a moment, that I am Reid/Gwen.


__________________________________________________________________________________________


As everyone knows, I have shares in Treaty... many, many shares. I also take, essentially, no salary (or so I have been told by one of them). I am in this company for the long haul and don't really care if the current share price is $ .0001 or $ 1.00, because I will sell for much more when the company is proven. After the past couple of years of listening to our "experts", I now know better than to provide any projections that are not going to be met 100%. The issues we've experienced as a start-up company with limited cash and believing we would have much greater cash inflow has compounded the problems we've experienced and the we have had to issue far more shares than anticipated. This has diluted my position along with everyone else's. What is now forecasted and published will be conservative and doable.


__________________________________________________________________________________________


Now, haw many executives of other companies could say the same thing? TECO is moving forward, although not as quickly as anyone would like, but progress is being made. My belief is that shareholders should either decide that they are being scammed and sell out, or we should share the same philosophy as my hypothetical view of Reid/Gwen.


I know which position I am taking and I'll wait patiently for things to come to fruition.





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