Treaty Energy Corporation , TECO is not in bankrup
Post# of 39368
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TECO's o fficial answer is that the involuntary petition is founded on completely baseless claims. Several of the petitioners are disgruntled former directors and employees of TECO that still hold resentment against the company.
The representing parties have used no filing attorney or have listed an attorney as a point of contact and are filing it pro se.
TECO is going to petition to have the case against TECO dismissed with supporting documents against the claims. If dismissed, TECO will be seeking full damages along with attorney fees as allowed by federal law. Shareholders should not be concerned as TECO's attorneys are already working on a legal response and are confident in TECO's case against the petitioners.
https://www.facebook.com/TreatyEnergyCorp?fref=ts
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