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  4. Treaty Energy Corporation (TECO) Message Board

Yup! Oil first, then revenue, then reporting the r

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Post# of 39368
Posted On: 06/14/2013 11:16:16 AM
Posted By: DTL
Re: BULL2222 #15666

Yup! Oil first, then revenue, then reporting the revenue, then the stock market takes notice,  then we all rest easy with a green TECO.  Rhetorical questions and statements follow:  I have the impression that TECO receivables and/or any revenue are going out elsewhere and W. Texas operations are beg, borrowing and stealing for seed money but whereas W. Texas is suppose to be "the springboard"?  Seems like TECO is borrowing or selling stock to investors for W. Texas funding in order for W. Texas to become CFP?  So if 80-100 BPD off the Mitchell was suppose to result in CFP and we continue spending via OPM then when does W. Texas truly become CFP?  I have the impression that it won't be the Mitchell that gets W. Texas to CFP albeit these tankers driving off the lease will result in eventual receivables.  Will these receivables result in CFP with the expense of these ongoing new projects and investments or are we creating more monthly bills in parallel with filling the Mitchell tanks and CFP will need to wait?  My point is I shouldn't need to ask these questions and you shouldn't be the one answering them.  When headquarters does speak as they did during the CC;  the answers are incorrect or swayed.  I want them to tell us what the specific W. Texas numbers are looking like since their 2nd 10Q or 3rd 10Q showing these numbers won't be reported until 2525 at the rate they move.  The word "pounding" doesn't give me the numbers!



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