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  4. Treaty Energy Corporation (TECO) Message Board

I agree. Do not forget that revenue is increasin

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Post# of 39368
Posted On: 09/21/2013 12:19:16 PM
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Posted By: Dead Cat Bouncer
Re: BULL2222 #20213
I agree.


Do not forget that revenue is increasing and we have 2 less salaries to pay.  TECO needs to cut expenses and increase revenue.  Then we will see the price move up.  The cuts need to be made at the top down for a time.  All executives should have salaries cuts to bare bones, and should be given performance bonuses.  If they do not preform they get paid like workers at McDonalds and if they preform they get rewarded for their performance. They need to live on what they produce no more debt and no more grandiose schemes.  They are making 50000 a month and they should get these wells done and spend only 50000 per month to grow the company.  When production increases they can spend more.  I know this will not happen but it is how I would run the company.  It is ok to criticize a little we need to get grounded to a budget.   


God Bless you all


Dead Cat Bouncer


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