Check out Paragraphs 5,6, and 7 of this court filing from a former investor suing Treaty Energy to get is money back when he realized what Treaty was telling him was a load of BS...
US. Fuels and Treaty Energy being sued for fraud in Callahan County
Has to do with 2 leases Treaty sold Merkaz Oil and Gas Development Company. They say Treaty sold them the Henderson and long lease by fraudulently misrepresenting the facts. Like the fact that there were TRRC issues as in a well plugging and severances. They are looking for more than $200,000 but less than 1 million bucks from Treaty and US. Fuels.
Lawsuit filed by Anderson Perforating for breach of contract August 25th...
Funny thing is... The lawyer for Anderson Perforating is none other than the lawyer that filed the slander suit against Mack, Colton P. Johnson... And by the way Colton has filed with the court to withdraw from that slander case and Treaty has taken no further action. Likely because what was said was all true. Can't be sued for telling the truth and there is loads of evidence to support that it was in fact true.
Colton Johnson has also been involved with many of the lease assignments...
So now Treaty is being sued by thier own lawyer! LOL!!
The Anderson suit
Seems Tesarski has been ignoring all the bills as well...
Same ole Treaty...
Fraud, fraud and more fraud... Gwyn with the help of Reid ripped off his childhood friend... Treaty rips off anybody and everybody.
In the lawsuit, New Orleans resident George Demmas claims that Gwyn -- a childhood friend -- convinced him in May 2012 to invest $65,000 in a "fictional undivided interest in an oil well" on promises that he would earn $700,000 over 10 years in return.
That sale agreement was made through Rampant Leon Financial Corp. and signed by Reid, according to the lawsuit.
At Gwyn's urging, Demmas also decided to buy more than 810,000 shares in Treaty Energy for a total of $15,000 with an agreement that Demmas had to hold onto the shares for one year before selling them on the market, according to the lawsuit.
The lawsuit claims Gwyn "knowingly misrepresented material facts to and omitted material facts from" Demmas in both investments.
"In addition, Gwyn made continuing misrepresentations about the investments to induce plaintiff to hold the investments for a longer period of time than he otherwise would have and to delay plaintiff's actions in recovering or mitigating his losses," the lawsuit says.
Rather than the promised $3,000 or $4,000 per month, the lawsuit says, Demmas has received only a total of $700 on the oil well investment.
At one point, when Demmas complained about a lack of payments, Gwyn told him "that a supposed unnamed Russian investor had invested about $20 million in the investment and that Rampant needed to pay him back first before any of the other investors," the lawsuit says.
Meanwhile, Demmas' shares in Treaty Energy did not increase as Gwyn had promised, the lawsuit says, and Demmas couldn't find a brokerage firm willing to sell the shares after the one-year holding period.
Treaty Energy was trading Thursday at .0036 cents per share with a 52-week high of 4 cents per share.
Treaty loses in court again... This is a document service company that has something to do with preparing docs for court and Treaty decided to not pay them or even bother to show up in court... Again.
This one for $48,859.50 and the Judgment is final... Treaty must also pay attorneys fees of 25% for $12,214.86 for a total due to WarRoom of $61,074.37 plus 18% interest until paid... This suit all took place well after Chris Tesarski was appointed.
Blackburn still pulling the strings at Treaty Energy.
Another default Judgment against Treaty Energy. This after a "payment plan" was set up... And guess what? Treaty didn't make the payments. Treaty has done this many times before, 1 payment then another year of excuses from Treaty and then back to court and Treaty didn't bother to even show up...
This judgment is for 14,142.62 plus 18% interest and attorneys fee's...
Archer Drilling Default Judgment Documents File Date 10/4/2014...
Holly Crap... Yet another lawsuit, this one for $56,570.00 plus 12% interest that so far as accrued in the amount of $20,365.20 for a total of $76,935.20 for breach of contract and filling filed August 22nd looking for a default judgment because Treaty Energy continues to refuse to pay even after the new great puppet Chris Tesarski has supposedly "taken over"...
Universal well Services liens that pertain to this case and Obviously have not been dealt with since Chris Tesarski the new "Great Treaty leader" took over May 1st...
Because they don't pay their bills. Contactors need to resort to legal action to get paid. Nobody likes to have to do that. It's Treaty's MO and it's BS...
Proof...
List of judgments and liens against Treaty Energy.
Stockton lease now 7 liens deep and for close to $650,000.00...
2 more liens against the Stockton lease for a running total of 7...Geeezz!!!
And David Jakobot, Treaty's Operator for the Stockton claims he also has a lien on the Stockton and that he is owed $100,000 bucks. No wonder he wants nothing more to do with Treaty Energy...
Several of these contracts are sighed by Platon Petratos.
Since when are common investors allowed to sign contracts???
Heartland lien for $383,742.54 That would explain why their is no drilling or completion of the Stockton 3 going on. Treaty has been misleading investors AGAIN...
Treaty also owes Princess Petroleum and the Government of Belize money. Treaty owes the TRRC like $16,000.00 in fines and the Barnes land owner an estimated $70,000.00 in damages as well as the cementer $ 65,000.00. Treaty also still needs to plug the mine well, that is another $60,000.00 - $70,000.00. I'm sure there are many others Treaty has screwed along the way as well.
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