Treaty will never be trading with a bid/ask again so the "new" board members are apparently clueless as to what Treaty needs to do to get off the Grey Market or they are being misleading The later more likely... As it stands now no broker will accept these shares for deposit. Nothing but toilet paper.
Treaty and the board also don't seem to understand the under the law Treaty Energy the "company" is treated as a individual and is charged with securities fraud. A guilty verdict will mean they can no longer sell any stock.
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