Sleepy, I agree York took the company for a pretty wild and stupid ride. Management bought into him, as they say, tooth and nail. Now, the fields are being drilled by another company and managed by someone else. That is a positive move in itself. As for revelance in meeting him personally, he's a good salesman, and when you have management that is realistically sales oriented then, well, you get the picture as it is usually easier to sell a salesman than any other type of business person. But at some point, posters on this board, or in fact any other board where a company has changed their business strategy, just simply need to let it play out. It's a penny stock for crying out loud. How many other companies that started with hundreds of millions of dollars of investor's capital have had to change their strategy. Heck, even General Motors and Ford have undergone dramatic changes in their business model. Best Buy is currently being resurrected by new strategy, as it nearly bit the only a few months ago. And there are many others. If you, and this isn't directed at you personally, are an investor in Treaty, that means you are a stock investor. At that point you should also have a stock strategy. Those who continually whine on this board tells me that they have no strategy, but they are simply waiting for the Treaty stock to give them a significant return, without any question that if they knew anything about businesses, they would already know that only one in five companies actually make it through five years of operations. Having said that, in my opinion, I think Treaty is on their way to being a successful company, finally. Have they screwed up a lot of opportunities? Well, maybe. If you consider that some of their opportunities were realistic opportunities or simply management being fooled into buying what they were sold as opportunities, and they finally recognized their folly and began to get rid of them. Now that plan is in place, and they have actually located what appears to be worthwhile opportunities for E&P that could prove productive and profitable to the company, and thus their investors. As for your comment regarding Treaty and being able to get squared away with the TRRC, I wouldn't post anything that says probably never. Why? Because I know they are working on those issues right now. And you should know that as well as they posted that information already. So, are you saying they are lying about their endeavor to correct those issues? I would hope not, and that you are giving them the benefit of at least some time to resolve the problems. After all, they identified them in their report. As for Getting Ready, would you rather not Get Ready, or would you rather Be Ready when the company announces some modicum of success in their next two wells, and then perhaps another success, and then another? Personally, I would hope that all of us as investors would rather Get Ready. PS: It means success might be just around the corner and we want to be prepared, right?
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