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  4. Treaty Energy Corporation (TECO) Message Board

blind, let me explain my position and these are th

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Post# of 39368
Posted On: 08/16/2013 12:54:38 PM
Posted By: DTL
blind, let me explain my position and these are the facts.  Check with other longs for continuity in my following statements since judgement of credibility isn't your best suit.  I invested in TECO June of 2010 for long term gains on my investment.  I did not invest in TECO to trade it although I have flipped my position a couple times over the years.  I don't believe TECO wants to recruit traders flipping their stock but my bet is they want loyal shareholders.  TECO advertises for individuals with net worth in the millions on their website to invest in the company. They don't advertise for stock traders.  TECO needs to earn shareholder loyalty  and the loyalty of new long term investors.   I believe someone mentioned a last count of 8000 shareholders.  How many are daytraders, flippers or longs is questionable.  I strongly believe that credibility has been and still is an issue for this company.  Late filings don't help regardless of their excuses.  I own a minimum of 1mm restricted shares and couldn't execute them if I wanted to due to the late filings which is unfair and shameful.  I only purchased restricted shares as a method to average down on an otherwise very inflated average PPS because of the earlier "con jobs".  Don't tell me that seasoned E&P professionals haven't been conned as well over the years.  I've communicated with many E&P SME's that have been all over the Ihub and Ihangout boards for years and they have been conned into buying at a much higher PPS as well as the laymen shareholders.  I know of a few E&P professsionals that bought .05's shares or worse based on the 2011 and 2012 BS.  I am long and I continue to "wait" for this "new operations" to pan out which includes todays PR.   It's been years of disappointment after disappointment but many longs seem to be hanging in there otherwise TECO would be at a subpenny PPS.  I understand that the E&P business takes time but I won't forgive the lack of past oversight in W. Texas or the many inflated PR's of 2012. false starts and continued late filings.  There was also some dishonesty and more of the same 2012 BS during the February CC that I don't appreciate.  Stop talking CFP if its a 1/2 a year or longer in the future.  Why mention it since it only comes off as more BS.  In the meantime I've been looking at red for years.  In addition I'm tired of the pumping and whatever in hell that has accomplished over three years.  I'm also tired of chart posting during uptrends i.e more pumping BS but never a chart or analysis when TECO is on a downtrend which is usually the case.  Some just can't handle the truth!


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