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Thursday, July 21, 2016 9:59:53 PM
Ronald Blackburn is a career criminal and leader of the Treaty Energy gang of cons...
Bruce Gwyn Treaty Energy President indicted and ARRESTED for criminal securities fraud.. Twice...
MONTGOMERY, ALABAMA (September 22, 2015) Hallie S. Dixon, District Attorney for the 28th Judicial Circuit, Baldwin County, Alabama; and Joseph P. Borg, Director of the Alabama Securities Commission (ASC) announced that Bruce Alexander Gwyn of Metairie, Louisiana; and James Anthony Ghio, of Fairhope, Alabama, were arrested by the Baldwin County, Alabama Sheriff’s Office following an indictment by an August, 2015 session of the Baldwin County Grand Jury in connection with alleged violations of the Alabama Securities Act. Gwyn turned himself in to Baldwin County officials on September 18, 2015 and was released on $20,000 bond. Ghio was arrested on September 12, 2015 and was released on a $20,000 bond. Both Gwyn and Ghio were required to surrender their passport Gwyn was charged with one count of Sale of Unregistered Securities, and one count of Sale of Securities by an Unregistered Investment Adviser. The securities registration charges are Class C felonies, punishable from one year and a day to 10 years’ imprisonment and a $15,000 fine per charge upon conviction. Additionally, Gwyn is charged with three counts of Fraud in Connection with the Sale of Securities; specifically, making an untrue statement of material fact or omitting to state a material fact and employing a device, scheme or artifice to defraud. The fraud charges are Class B felonies, punishable from two to 20 years’ incarceration and a $30,000 fine per charge upon conviction. Gwyn’s co-defendant, Ghio is charged with one count of Sale of Securities by an Unregistered Agent, a Class C felony, carrying a possible maximum sentence from one year and a day to ten years’ imprisonment and not more than a $15,000 fine per count upon conviction.
http://www.asc.state.al.us/News/2015%20News/9-22-15%20Gwyn-Ghio%20release.pdf
Click image to enlarge:
http://mugshots.com/US-Counties/Alabama/Baldwin-County-AL/Bruce-Alexander-Gwyn.117390844.html
Treaty's president Bruce Gwyn arrested for 2nd time on new charges...
Louisiana Man Arrested for Second Time for Alleged Violations of Alabama Securities Act
MONTGOMERY, ALABAMA (April 12, 2016) Hallie S. Dixon, District Attorney for the 28th Judicial Circuit, Baldwin County, Alabama; and Joseph Borg, Director of the Alabama Securities Commission (ASC) announced that Bruce Alexander Gwyn of Metairie, Louisiana was arrested by the Baldwin County, Alabama Sheriff’s office following an indictment by a February, 2016 session of the Baldwin County Grand Jury in connection with alleged violations of the Alabama Securities Act. Gwyn turned himself in to Baldwin County Sheriff’s office on April 5, 2016 and was released on a $15,000 bond.
Gwyn was charged with two counts of Fraud in Connection with the sale of Securities; specifically, making untrue statements of material facts or omitting to state a material fact; and employing a device, scheme or artifice to defraud. The fraud charges are Class B felonies, carrying a possible sentence ranging from two to 20 years’ incarceration and not more than a $30,000 fine per charge, upon conviction. Additionally, the indictment charged Gwyn with two counts of Sale of Securities by an Unregistered Agent. The securities registration charges are Class C felonies, punishable from one year and a day to 10 years’ imprisonment and not more than a $15,000 fine per charge, upon conviction. The indictment alleges that Gwyn offered and sold securities, described as limited partnership interests in Level III Trading Partners, L.P., as well as shares of stock in Treaty Energy Corporation (“TECO”) to Alabama investors. Gwyn allegedly pooled investor funds in an account held or controlled by him and failed to use investor funds as represented, instead using funds to pay other investors, make unauthorized investments, or for unrelated expenses or liabilities. The new charges against Gwyn are in addition to those that resulted in his prior arrest in Baldwin County in September, 2015, which resulted from the August, 2015 session of the Baldwin County Grand Jury. The earlier indictment charged Gwyn with five alleged securities violations related to Level III Trading Partners, L.P. Gwyn turned himself in to Baldwin County Officials on September 18, 2015, was released on a $20,000 bond and was required to surrender his passport. The ASC cautions potential investors to thoroughly scrutinize and research any investment opportunity or offer.
http://asc.alabama.gov/News/2016%20News/4-12-16%20Nwsrel-Gwyn%202nd%20arrest%20Baldwin%20Cty.pdf
Bruce Gwyn's Level III civil suit... Treaty promoters pumped the shit out of Level III "investing" in Treaty... The suit makes clear why.
Reid, Gwyn and Treaty Energy (Ronald Blackburn) partners in crime...
28. More specifically, in 2010, Gwyn caused Level III to: purchase a 24% membership interest in GAGA, LLC (a closely held company owned by Gwyn and one other individual and controlled by Gwyn), purchase a 23.08% interest in Doctor Henry, LLC (another closely-held company in which Gwyn had an interest), make multiple loans to Rare Cuts, LLC (an Andrew Reid-controlled company), make multiple loans to Rampant Leon Financial Corporation (also a Reid-controlled entity), purchase 1,400,000 shares in Treaty, and purchase 17,560 shares in Orpheum. By the end of 2010, Gwyn had caused Level III to stop nearly all futures trading.
29. In 2011, Gwyn continued to siphon funds from Level III to the same entities, ultimately divesting the fund of all holdings and positions in futures commodities. In 2011, Gwyn also caused Level III to purchase interests in Lodwick I, LLC, another company affiliated with Gwyn’s fraudulent scheme.
30. On information and belief, the transfers of the fund’s assets as described herein were disguised insider purchases of shares in Orpheum and Treaty. The various “investments” in private companies as described herein were merely false fronts, used to obscure the ultimate transfer of the fund’s assets by Gwyn into shares of Treaty and Orpheum, in order to artificially inflate the share prices of Treaty and Orpheum.
https://drive.google.com/file/d/0B8fPIL-cKPM-VlpnYlotSWM1WUU/view?pli=1
SEC charges Treaty with Securities Fraud
SEC Charges New Orleans-Based Energy Company and Executives With Fraudulent Stock Manipulation...
http://www.sec.gov/News/PressRelease/Detail/PressRelease/1370543709953#.VI80ZFWJOuY
http://www.sec.gov/litigation/complaints/2014/comp-pr2014-281.pdf
TECO SEC Suspension:
http://www.sec.gov/litigation/suspensions/2014/34-73905.pdf
Order:
http://www.sec.gov/litigation/suspensions/2014/34-73905-o.pdf
Blackburn's ridiculous Motion for Summary Judgment has been denied...
https://www.scribd.com/doc/274317649/Doc-86-Order-Reasons-Denied
Treaty Energy is now 9 quarters delinquent with SEC filings...
2013 10-K, 2014 10-Q1, 10-Q2 , 10-Q3, 10-Q4 and 2015 10-Q1, 10-Q2, 10-Q3 and now the 2015 10-K
The last 5, a full year now, since being suspended by the SEC for failure to file.
The last 7 while Chris Tesarski was supposedly put "in charge".
And the Last 9 after Treat's gang of cons found out the SEC was investigating them for securities fraud.
Where the heck could these filings BE???
No way Treaty will file delinquent filings. If they are refusing to supply the very documentation to SEC investigators in the SEC securities fraud case, then why the heck would they file delinquent filings??? Treaty won't, and that has been the reason all along that they haven't filed them... The filings would incriminate the lot of them including Tesarski. Treaty has known since late 2013 that the SEC was investigating them for securities fraud, that's when Treaty stopped filing.
No documents from Treaty...
----
Many missing 8-K's that Treaty never filed...
The plugging of all Treaty's wells by the State of Texas. Not a word from Treaty about any of the plugins and most with Tesarski as CEO and Treaty President.
The loss of Treaty's operator. (3 times over).
The Canadian deal never actually closing. (not a word from Treaty)
Appointment of Chris Tesarski
Appointment of Andrew Kramer
The LOI with Aquinas Energy Resources.
Farm out contract with Aquinas Energy Resources.
The appointment of Andrew L. Kramer as Vice President, General Counsel, and Corporate Secretary.
Losing the contract as operator for the Belize Princess Petroleum concession...
The results of drilling in Belize.
The fact that the Paradise concession acquisition fell apart and was not completed.
The 500 well drilling contract.
The involuntary bankruptcy filing.
The Heart Land lawsuit.
C&C Petroleum being put out of business by the TRRC with the denial of a renewed P-5.
Chris Tesarski is also committing fraud... Same ole Treaty Bullshit.
Chris Tesarski's lie after lie after lie!! From the September 15th "update"...
At the outset of the relationship with TREATY, TEXAS SANDS made it clear that capital was required to ensure viability of its production. TEXAS SANDS has covered the cost of getting its production on-stream and stabilized. We are confident that we should be in full operational production by October and that shareholders will begin to see the levels of production on or near those reported previously. This will also serve the company well in its plan to stabilize operations with consistent, predictable monthly revenue. (turned out to all be complete Bullshit!)
As to the outstanding issues with the TRRC...
There seems to have been some confusion as to the “legitimacy” of TEXAS SANDS RESOURCES LLC as a corporation due to franchise tax filings not being completed. This was an administrative oversight and has been resolved. (this was NEVER resolved... FRANCHISE TAX INVOLUNTARILY ENDED Link here: All of the assets formerly operated by C&C Petroleum Management LLC are currently in the process of being cleaned up by TEXAS SANDS. (more lies! Nothing was "cleaned up", in fact Tesarski REFUSED to comply with the order to plug the 3 wells on the Barnes lease) This is unfortunately an onerous and time consuming process as it is no secret to shareholders that there are significant outstanding issues with the TRRC. However, please be assured that we are working with TRRC and individuals in Abilene, TX with extensive TRRC background and experience to go through the issues and resolve them one at a time. Communication with TRRC is frequent and has been fruitful (LMAO!). We are confident that ALL outstanding TRRC issues can and will be resolved in time. To this end the McComas lease has been fully plugged and remediated. This lease is now no longer an obligation of TREATY and its shareholders. (This is another BIG FAT lie... The State of Texas plugged all the McComas wells because Chris Tesarski REFUSED to comply with the TRRC master default order to do so... The State of Texas will take Treaty to court for reimbursement payment of all the fines that are STILL outstanding to this day as well as for court costs.)
Another BIG FAT Tesarski lie!...
As promised, as of August 27, 2014, the company has officially engaged auditors to begin to undertake the process of bringing the company into regulatory compliance.
"I am relieved that we have been able to now fully engage in the process of getting our company into compliance," said Mr. Tesarski. "It has been my number one priority. I have promised this to shareholders and they deserve nothing less than a 100% commitment to compliance."
Turns out it was all Bullshit!Tesarski has now "officially" engaged auditors like 3 times and yet there are NO filings... Typical penny stock CEO lying Bullshit...
Tesarski has been saying his priority is to get SEC compliant and yet nothing has been done, and in fact, it has gotten so bad that the SEC suspended TECO for delinquent filings relegating TECO to the Grey Market, and this while on Tesarski's watch and while claiming getting filings done was his number one priority LOL!
Lie after lie after lie...
As an "oil company" Treaty is deader than dead...
Ruh Roh! More TRRC Non-Compliance News! The State of Texas will be plugging 14 more wells on 3 of Treaty's leases... The cost will be around $125,000 bucks + administrative fees and penalty's... Chris Tesarski is doing a great job of refusing to comply with the many TRRC compliance issues.
These wells have NOW been plugged...
Page 26
http://www.rrc.state.tx.us/media/29349/wells-remaining-06_15.pdf
Treaty Energy continues to REFUSE to deal with the many TRRC regulatory issues... They just keep piling up.
Click images to enlarge:
..
..
And then of course there are the TRRC Master Default Orders to plug wells on the two Barnes leases and the McComas lease... Treaty Energy/Chris Tesarski REFUSED to comply with these orders and these 9 wells were all plugged by the State of Texas.
The Master Default Order to plug 9 wells on the two Barnes leases
http://www.rrc.state.tx.us/media/9562/12-04-12-mdo.pdf
The TRRC directive to plug 8 wells on the McComas lease. Treaty Energy/Chris Tesarski refused to plug these wells...
https://docs.google.com/file/d/0B8fPIL-cKPM-dmVRWXota1d1eXM/edit?pli=1
The Master Default Order To plug the 9th well, well 20 on the McComas lease that Treaty Energy drilled and promoted as a gusher, It was nothing of the sort and in fact Treaty was simply swabbing the well... Treaty Energy refused to repair or plug this well when TRRC test showed the casing was leaking. There also was several other willful and neglectful violations of oil contamination of the surrounding soil. The State of Texas plugged this well as well because Treaty Energy/Chris Tesarski refused to comply, and now an additional 14 wells plugged in the last few months...The Texas State Attorney General will be suing Treaty Energy to recover the costs of plugging these 32 wells on the Barnes and McComas leases as well as additional civil penalty's and legal fees.
http://www.rrc.state.tx.us/media/15648/7b-82750-def.pdf
Chris Tesarski's pervious Oil and gas compliance issues... Tesarski DID NOT comply with regulators in Canada as well.
148 wells ordered abandoned in Saskatchewan
http://economy.gov.sk.ca/adx/aspx/adxGetMedia.aspx?DocID=13451,13449,3680,3384,5460,2936,Documents&MediaID=9955dfd4-6cbf-4c4e-b7f2-5f4fa66a8711&Filename=April+23%2c+2012.pdf
And Alberta Too... Damn! 16 wells, 4 pipelines and 8 of something else that is not specified in Alberta
https://www.aer.ca/documents/orders/ibo/AbandonmentOrders.pdf
The future for Treaty Energy...
Hey Tesarski... It is you not telling the whole story. Fact is this was all unknown to Treaty investors until agaistallodds found a link to your regulatory non-compliance in Canada and the Bullshit about the McComas wells was obvious lies that can and have been proven to be just that... Lies
Hey Tesarski you're lying again... NON-compliance! Your WI partner got stuck plugging the wells. Tesarsk's WI "investors" got stuck with the costs and the job of plugging these wells!!... They must be pissed!!
https://drive.google.com/file/d/0B8fPIL-cKPM-cDMwQ0hJT1lVZlU/view
Discussions are ongoing in Canada??
Provide A written explanation acceptable to the ERCB addressing the failure to respond and detailing steps to prevent future occurrences
Click image to enlarge:
And Just like Treaty you wrote the ERCB a BAD Check!! LOL! And still refused to comply... No "half truths" here... Are you saying the ERCB is lying???
Licensee required to pay security deposit and provide a written explanation acceptable to the ERCB addressing the failure to respond and detailing steps to prevent future occurrences.
Sandbox Energy Corp. failed to comply. Closure Orders No. C 1207 and C 1208 were subsequently issued.
Sandbox Energy Corp. submitted full payment of its security deposit. Miscellaneous Order No. MISC 2010-12A and Closure Orders No. C 1207A and C 1208A were issued. MISC 2010-12, C 1207, and C 1208 were rescinded. However, the licensee’s payment returned as “non-sufficient funds,” and Closure Orders No. C 1207B and C 1208B were subsequently issued.
Sandbox Energy Corp. failed to comply. Abandonment Orders AD 2010-48, AD 2010-49, AD 2010-50, and AD 2010-51 were subsequently issued.
Sandbox Energy Corp. failed to comply. ERCB is evaluating further actions.
Still not complying...
The Panel notes that the site has not been reclaimed and accordingly the Surface Lease remains in effect. Submissions from the Applicants show that the Land cannot be farmed, and the Applicants are suffering full loss of use of the site.
Once the Operator’s rights have been terminated under subsection 36(5) of the Act and the annual rental has still not been paid, the Board finds it fair and reasonable for the Applicants to receive the full amount payable and accordingly directs the Minister to make the full payment of $7,800.00 to the Applicants in accordance with subsection 36(6) of the Act.
http://www.canlii.org/en/ab/absrb/doc/2014/2014absrb433/2014absrb433.html
If you are "currently in discussions to resolve outstanding issues" Then why have all of Sandbox Energy's assets been for forfeited November 26th 2014??? And why do you con-men always need to negotiate with regulators?? Why not follow the rules like everybody else has too???
All Sandbox Energy assets forfeited here:
http://economy.gov.sk.ca/adx/aspx/adxGetMedia.aspx?DocID=15437,13449,3680,3384,5460,2936,Documents&MediaID=9f8622d3-75fe-4d5d-9ebf-18f95d6e74f2&Filename=MO+12885-03+Issued+November+27%2c+2014+to+Sandbox+Energy+Corp.pdf
Tesarksi is pulling the same exact Bullshit with the TRRC in Texas that he has with regulators and land owners in Canada... Tesarski you screwed a lot of folks back in Canada!!! Do you really think you will get away with screwing folks in Texas too???
Same ole Treaty Bullshit.
Tesarski you screwed a lot of folks back in Canada!!! Do you really think you will get away with screwing folks in Texas too???
Lawsuits against Treaty that I know of so far...
New lawsuit... Another of Treaty's lawyers suing Treaty... Whitley vs Treaty Energy, breach of contract and non-payment of dept. And look who signed the contract that is Exhibit A... Chris Tesarski Lol!
The complaint:
https://drive.google.com/file/d/0B8fPIL-cKPM-eXdEdUNPMGw3VEE/view
Exhibit A:
https://drive.google.com/file/d/0B8fPIL-cKPM-Q1Y1YlMyaUJiWms/view
Whitley is the Treaty gate keeper lawyer that is also named in the SEC fraud case... The rats turning on each other.
Lord "secret investors" TECO going to .50 a share! 10 million in funding... So much Bullshit.
Folks Treaty Energy is a scam...
And this is revealing... Looks like Weyand is involved in Treaty has much as Blackburn is.
The full filing is here...
https://drive.google.com/file/d/0B8fPIL-cKPM-d1hSTzQ1QmVWeEk/view
This is how Treaty operates... Robert McManus is out $130,000 bucks... and Ronald Blackburn is right in the middle of it...
Robert McManus vs Treaty Energy...
Full filing here...
https://docs.google.com/file/d/0B8fPIL-cKPM-X1pMZGxqVGhFbWc/edit
New Lawsuit filed by Anderson Perforating for breach of contract August 25th...
Default Judgment against Treaty Energy... Again Treaty doesn't show up for court... And Tesarski is literally just down the road.
The original filling...
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...
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.
Sounds just like Treaty...
The full filing here...
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=104560250
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.
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"...
Same ole Treaty...
This last suit posted is from a ways back and they are STILL trying to collect from Treaty and taking them to court AGAIN for like the 3rd time... Treaty doesn't intend on paying anybody these guys should get together a take legal action to freeze anything Treaty and co-crooks have... Though it may already be to late... Seems Treaty about to file bankruptcy...
https://docs.google.com/file/d/0B8fPIL-cKPM-Qmw3V3Z6cVV5aFE/edit
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.
Petition.
https://docs.google.com/file/d/0B8fPIL-cKPM-QUI0VlBPdzdTX1E/edit
Judgment...
https://docs.google.com/file/d/0B8fPIL-cKPM-bkhEeUFEbXg3djg/edit
https://docs.google.com/file/d/0B8fPIL-cKPM-U2l4WExDLWhVTVk/edit
ANOTHER default judgment against Treaty and Tesarski is named in the suit... Tesarski also did not bother to show up ... Default Judgment for 13,066.74 totaled...
Click image to enlarge:
Abstract of judgment...
https://drive.google.com/file/d/0B8fPIL-cKPM-NVU5dEllclBrSTA/view
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...
https://drive.google.com/file/d/0B8fPIL-cKPM-SGdnbmFpNVhjX1k/view
Final Default Judgment
https://drive.google.com/file/d/0B8fPIL-cKPM-Vnh5R2g3TjROckU/view
The petition...
https://drive.google.com/file/d/0B8fPIL-cKPM-R3plN1BWSnJDbEk/view
Treaty fails to show for deposition...
Update on Archer Drilling case... Treaty failed to show for a deposition... So much for dealing with these issues in a "timely manner"...
https://drive.google.com/file/d/0B8fPIL-cKPM-OGtBYlRvQzJGaEE/view
The liens, Court filings and "payment plan"...
New Archer Drilling Oct 4th filling
https://docs.google.com/file/d/0B8fPIL-cKPM-aktuVkFCWG5KR00/edit?usp=sharing&pli=1
Archer Drilling Exhibit A Oct 4th filling
https://docs.google.com/file/d/0B8fPIL-cKPM-RFViQmYxME1rTjA/edit?usp=sharing&pli=1
Archer drilling lien, The folks that drilled the Madeley $26,785.25
https://docs.google.com/file/d/0B8fPIL-cKPM-a2Z0RDl2STcwUU0/edit?pli=1
And yet ANOTHER!
Universal Well Services suit 8/5/2014...
No Bullshit just Truth...
Click image to enlarge.
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...
https://docs.google.com/file/d/0B8fPIL-cKPM-QjBOQllVNVJENDQ/edit
https://docs.google.com/file/d/0B8fPIL-cKPM-Y3Z6Qjg5aEZsM28/edit
..
Chris Tesarski's sale of Texas Sands Operating and the 10 leases turned out to be ANOTHER scam to scam "investors" out of 1.25 million bucks for leases worth nothing near that.
April Production for Texas Sands leases...
332 barrels for 11.06 BOPD... AGAIN Treaty has been proven to be full of bullshit with the claims they make in there PR's. The PR's are obviously misleading with Treaty's claim of and the same ole same ole bullshit. The in bold statement by Treaty has been proven and proven again to be more PR Bullshit...
Andrew V. Reid, Chairman and Chief Executive Officer of Treaty Energy Corporation, is pleased to announce the acquisition of the assets of Texas Sands Resources, LLC of Abilene, Texas (TSR). TSRs assets currently include ten (10) leases in the Texas 7B Oil District. These leases have a current, consistent and provable production of 25 BOPD (Barrels of Oil per Day). At current production levels, the Company anticipates that this acquisition will generate estimated revenues of $800,000 per year, with revenues expected to increase as the ten (10) leases are more fully developed. TSR also holds a number of additional lease opportunities that if completed, will be included in this purchase. The purchase price was $1,250,000.
http://ih.advfn.com/p.php?pid=nmona&article=62045951
The REAL Production rates taken from a year of data from January 2013 to January 2014... And the current production from
Texas Sands...
Lease 29495... No reports.
Lease 29359... 210 barrels or 17 barrels a month for .57 BOPD
Lease 11225... 541 barrels or 45 barrels a month for 1.48 BOPD
Lease 23568... No reports.
Lease 21570... 739 barrels or 61 barrels a month for 2.02 BOPD
Lease 21849... No reports.
Lease 22814... 609 barrels or 50 barrels a month for 1.66 BOPD
Lease 26287... 347 barrels or 28.91 a month for .95 BOPD
Lease 125878... All zero's.
Lease 139445... All zero's.
Total production for the 12 months was 2446 barrels or 203 a month for 6.07 BOPD. A far cry from the 25 claimed by Treaty in the May 1st PR...
Treaty Energy acquires Texas Sands May 1st.
Texas Sands monthly production.
February.. 305 barrels for 10.89 BOPD.
March.....253 barrels for 8.16 BOPD
April.....332 barrels for 11.06 BOPD
May.... 218 for 7.03 BOPD
June....222 for 7.4 BOPD
July...114 for 3.67 BOPD
August.... No reports
Sept..... No reports
Oct.... No reports
Nov.... No reports
Dec.... No reports
2015
January.... No reports
February.... No reports
Chris Tesaski has refused to report production for the Texas Sands leases for months and never did report production. These leases have now been transferred.
So.... Again Nowhere near what Treaty claims in thier PR... And I just proved they are exaggerating the production numbers by a factor of 3 times what was reported to the TRRC...
Andrew V. Reid, Chairman and Chief Executive Officer of Treaty Energy Corporation, is pleased to announce the acquisition of the assets of Texas Sands Resources, LLC of Abilene, Texas (TSR). TSRs assets currently include ten (10) leases in the Texas 7B Oil District. These leases have a current, consistent and provable production of 25 BOPD (Barrels of Oil per Day).
Chris Tesarski's Texas Sands is now out of business and Tesraski is not allowed to conduct oil business in Texas with it's P-5 delinquent and with a TNR 1.114 Flag. Same as C & C Petroleum.
http://www.rrc.state.tx.us/media/28568/20-0296361-texas-sands-resources-llc.pdf
Why does Treaty have a bad reputation?
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!!!
https://docs.google.com/file/d/0B8fPIL-cKPM-VXh1UTRnYzAtOGs/edit
https://docs.google.com/file/d/0B8fPIL-cKPM-V2xGRVY2em5mYWs/edit
Included are two invoices for Port a Johns for like $1400.00 bucks...
Treaty doesn't pay anybody for anything!!!
Heartland law suit for over $400,000.00
https://docs.google.com/file/d/0B8fPIL-cKPM-eDdHM21GdmNKVjg/edit
Heartland Judgment and for half a mill... Sooo... What happened to Treaty's defense of Heartland being paid and all the stuff said about them not being paid being lies to destroy Treaty??? Treaty didn't even bother to show up...
Fact is it was all the truth that was being reported that Treaty wasn't paying Heartland, and all that crap about Heartland just doing "welding" and some maintenance while sitting on the hole was all Bullshit from Platon Petratos...
https://drive.google.com/file/d/0B8fPIL-cKPM-Z1ktWExEYTNtSlU/view
Universal Well Services $62,482.96...
https://docs.google.com/file/d/0B8fPIL-cKPM-QjBOQllVNVJENDQ/edit
Beasley Drilling Fluids for $26,514.83
https://docs.google.com/file/d/0B8fPIL-cKPM-d2ZXM2taSk1JYzQ/edit
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...
Filed by Universal well services.
The Mitchell for $5,496.39...
https://docs.google.com/file/d/0B8fPIL-cKPM-Y3Z6Qjg5aEZsM28/edit
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...
Also $52,500.00 of it is standby time.
Was it Treaty that said this was not a issue???
https://docs.google.com/file/d/0B8fPIL-cKPM-RGRvZFRkXzVaYVU/edit
New Treaty Judgment...
Treaty needs to pay $141,764.25 To All Energy...
https://docs.google.com/file/d/0B8fPIL-cKPM-SXl3cmlFYW11aFU/edit
Basic Energy services 5,590.35
https://docs.google.com/file/d/0B8fPIL-cKPM-RE1rQXVmM0Z6ZG8/edit
Archer drilling lien, The folks that drilled the Madeley $26,785.25
https://docs.google.com/file/d/0B8fPIL-cKPM-a2Z0RDl2STcwUU0/edit?pli=1
Driller in Belize $65,000.00
https://docs.google.com/file/d/0B8fPIL-cKPM-eng2M0MzajJ1ME0/edit?pli=1
Jims rental lien, $111,810.17
https://docs.google.com/file/d/0B8fPIL-cKPM-ODdhd2dtaTVDYm8/edit?pli=1
J&L Trucking lien &3,388.00
https://docs.google.com/file/d/0B8fPIL-cKPM-SzFETUxUMndEYlE/edit?pli=1
Another J&L Trucking lien $2,653.00
https://docs.google.com/file/d/0B8fPIL-cKPM-TTdHUDhTZHhXTE0/edit?pli=1
Mud company lien $6,726.88
https://docs.google.com/file/d/0B8fPIL-cKPM-LXhxWUE1ZHlOMDQ/edit?pli=1
Recovery equipment for work on the Brown lease $18,444.83
https://docs.google.com/file/d/0B8fPIL-cKPM-N0pGaC1BTGhHUkk/edit?pli=1
Recovery Energy Judgment
https://docs.google.com/file/d/0B8fPIL-cKPM-WmxNNGhtc2l1eU0/edit?pli=1
Shack Energy Services $2,451.55
https://docs.google.com/file/d/0B8fPIL-cKPM-UmFBRDNLeXk1VEE/edit?pli=1
New Archer Drilling Oct 4th filling
https://docs.google.com/file/d/0B8fPIL-cKPM-aktuVkFCWG5KR00/edit?usp=sharing&pli=1
Archer Drilling Exhibit A Oct 4th filling
https://docs.google.com/file/d/0B8fPIL-cKPM-RFViQmYxME1rTjA/edit?usp=sharing&pli=1
Oct 2nd Circle K judgment $27,397.40
https://docs.google.com/file/d/0B8fPIL-cKPM-NjhGZTY3NUhZcm8/edit?usp=sharing&pli=1
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.
This is how Bruce Gwyn the former President of Treaty Energy conducts "business"... (Resigned March 24th 2014 and now a "consultant")
A Metairie-based futures fund manager was suspended and his two companies permanently banned from the U.S. futures industry after allegations he misled investors, the regulatory National Futures Association said Friday.
Bruce A. Gwyn, of Metairie, the two firms' former principal, agreed to a seven-year withdrawal from membership in the National Futures Association, authorities said. His companies, Level III Management LLC and Level III Trading LLC, were barred.
The action came after the National Futures Association alleged that Gwyn willfully misled investors, including New Orleans area residents, by exaggerating the fund's value by the millions and using fund profits for personal expenses. Investors put their money in Level III Trading Partners LP, the commodity pool that the management firm operated.
The National Futures Association is a Chicago-based regulatory agency for the U.S. futures industry. Membership is necessary to conduct business on U.S. futures exchanges.
Gwyn could not immediately be reached for comment Friday. The NFA's decision says that Gwyn and his companies agreed to withdraw without admitting or denying any of the allegations.
According to the complaint, Gwyn told investors that the fund was valued at $1.7 million in December 2011 and $3.7 million in February 2012. The NFA said that in fact, the fund was invested in over-the-counter penny stocks worth at most $200,000 and stock in private companies that was worthless.
Gwyn used more than $200,000 from the fund on personal expenses including food, gas and spa services, according to the complaint.
National Futures Association also noted transfers to Gwyn's personal account that occurred soon after deposits came into the fund. For example, on Dec. 21, 2011, the fund received a wire for $44,000 from Alpine Securities Corp., a firm that held some of the fund's investments, the complaint alleges.
The next day, the fund transferred $44,000 to Gwyn's personal bank account, according to the complaint.
The remaining assets were in stock in privately held companies that "supposedly included oil and energy companies, a management company for businesses that own and operate specialty retail meat stores, and an entertainment production company that booked magic shows," the complaint says.
The report continues: "L3M and Gwyn failed to provide NFA with any current bank statements or other supporting documents from independent sources to demonstrate that the fund was actually invested in the above companies in 2011, and, if so, what the value of these investments were." The National Futures Association decided that those interests had no market value, despite the fund reporting the value at $650,000.
Gwyn would be required to pay a $50,000 fine before applying for membership after the seven-year disbarment.
Gwyn is listed as president, chief operating officer and director of New Orleans-based Treaty Energy Corp on the company's website. A message left at the company's office late Friday was not immediately returned.
He was also listed as a director of Axiom Global Properties, the New Orleans-based company that once operated under the name Orpheum Property Inc. and owned the shuttered Orpheum Theater. Disgruntled investors in that venture wrested control of the property in court last year and put it up for sale. A phone number listed on Axiom's website was disconnected Friday.
http://www.nola.com/business/index.ssf/2014/02/metairie_commodity_fund_manage.html#cmpid=nwsltrhead?_wcsid=01C1CA27A5E9FDF25DDFA9AA5EB135A4BE9FB61161E00C691B89DE01E74AF513
NFA...
http://www.nfa.futures.org/basicnet/Case.aspx?entityid=0190801&case=13BCC00007&contrib=NFA
Then to top the NFA stuff all off Bruce Gwyn refuses to pay his lawyer...
More problems for Bruce Gwyn. Breach of contract.
Of course...
GRETNA – An Illinois-based financial services law firm is suing a Metairie man it claims did not pay him for services his business provided in representing him in a business complaint.
Peter J. Berman Ltd. filed suit against Bruce A. Gwyn in the 24th Judicial District Court on Feb. 26.
Peter J. Berman Ltd. alleges it was contracted by Gwyn to represent him in a complaint that was filed against him by the Business Conduct Committee of the National Futures Association. The plaintiff clams he provided a letter to the defendant explaining the fee and cost structure of their agreement and that the defendant never complained about the services that were provided to him. Despite providing legal representation to Gwyn that eventually resulted in a settlement that resolved the business complaint, Peter J. Berman Ltd. claims it was never paid the contracted fees owed.
The defendant is accused of failing to fulfill all his obligations, breaching the representation agreement and violating state law.
Damages in the amount of $179,828.79 is sought by the plaintiff.
Peter J. Berman Ltd. is represented by Thomas A. Roberts of New Olreans-based Barrasso, Usdin, Kupperman, Freeman & Sarver LLC.
The case has been assigned to Division E Judge John J. Molaison Jr.
Case no. 735-908.
Sounds just like Treaty Energy doesn't it! LOL!!!
http://louisianarecord.com/news/259546-financial-service-attorney-sues-client-for-allegedly-not-paying-179k-for-representation
All investors and potential investors in Treaty should read this... Particularly paragraphs 12,13,14,15 and 18...
Gwyn apparently has misappropriated and used for his own expenses from these "funds" that he was managing more that $200,000.00 bucks.
http://www.nfa.futures.org/basicnet/CaseDocument.aspx?seqnum=3322
On June 12, 2013, NFA issued a Complaint charging L3M and Gwyn with willfully providing incomplete and misleading information to pool participants; failing to observe high standards of commercial honor and just and equitable principles of trade; and providing misleading information to NFA. The Complaint also charged L3M with failing to file a disclosure document or annual financial statement for the fund with NFA; failing to furnish participants in the fund with a financial statement; and failing to comply with CPO quarterly reporting requirements. Finally, the Complaint charged L3M, L3T and Gwyn with failing to cooperate with NFA
http://www.nfa.futures.org/basicnet/Case.aspx?entityid=0190801&case=13BCC00007&contrib=NFA
That's what the NFA has concluded. It's all right here...
http://www.nfa.futures.org/basicnet/CaseDocument.aspx?seqnum=3322
And the NFA has already taken action...
NOTICE OF MEMBER RESPONSIBILITY ACTION AND ASSOCIATE RESPONSIBILITY ACTION:
On June 12, 2012, NFA issued a Member Responsibility Action ("MRA") against Level III Management LLC ("L3M") and Level III Trading LLC ("L3T")and an Associate Responsibility Action ("ARA") against Bruce A. Gwyn ("Gwyn") whereby:
1. L3M, L3T and Gwyn are suspended from NFA membership and associate membership, respectively, effective immediately and until further notice;
2. L3M, L3T and Gwyn, and any person acting on behalf of L3M and L3T, are prohibited from soliciting or accepting any funds from customers, pool participants or investors, soliciting investments for any managed accounts, pools or other investment vehicles, including the Level III Trading Partners LP ("L3LP" or "the Fund"); or placing any trades, except liquidation trades in L3LP or any other customer account or fund over which L3M, L3T and Gwyn exercise control;
3. L3M, L3T and Gwyn, and any person acting on behalf of L3M and L3T, are prohibited from disbursing or transferring any funds over which they or any person acting on their behalf exercises control (including bank, trading and other types of accounts), without prior approval from NFA; and
4. L3M, L3T and Gwyn are required to provide copies of this MRA/ARA by overnight courier or e-mail to all: a) customers; b) participants in L3LP; c) other investors; and d) banks, brokerage firms, and other financial institutions with which money, securities or other property is on deposit in the name of L3M, L3T, L3LP, or Gwyn or over which L3M, L3T, L3LP or Gwyn exercise control.
This action is effective immediately and deemed necessary to protect customers of L3M and L3T since L3M and Gwyn have misappropriated L3LP's funds and misled customers regarding the value of their investments in L3LP by providing customers with false and misleading performance information about those investments. Moreover, L3M and Gwyn appear to have acted in a manner that placed Gwyn's interests above the interests of his customers by knowingly investing the pool participants' assets in several investment ventures without adequately disclosing the investments' risky nature and Gwyn's relationship to them. In addition, L3M and Gwyn have not provided certain L3M customers with a current disclosure document ("DD") approved by NFA that adequately discusses the true nature of the Fund's investments. Lastly, L3M and Gwyn have failed to cooperate with NFA's investigation because they have refused to make Gwyn available in person to answer NFA's questions about L3M's and L3T's activities, and Gwyn and L3M have failed to produce requested records regarding the Fund's riskiest investments (i.e., all supporting documents for the Fund's asset balances).
The MRA and ARA will remain in effect until such time as L3M, L3T and Gwyn have demonstrated to the satisfaction of NFA that they are in complete compliance with all NFA Requirements.
Andrew Reid barred from working as a broker by FINRA...
https://docs.google.com/file/d/0B8fPIL-cKPM-ZHZfaV9KSWVEQUE/edit
The Financial Industry Regulatory Authority's database indicates that Reid is no stranger to securities fraud.
In 2002, while working for Williams Financial Group in Dallas, Reid took a $10,090.58 check from a customer and deposited it in his own account rather than forwarding it to the firm. When Reid failed to respond, the National Association of Securities Dealers barred him from association with any member firm.
In 2004, Reid was accused of unsuitable trading and investing, fraud, negligence and violating state and federal securities regulations that caused $6 million in damage to investors. After arbitration, the case was settled in 2006 for $35,000.
In 2003, Reid's employer, Corporate Securities Group, filed a complaint alleging "unsuitable investment" in municipal bonds that caused more than $100,000 of damage. Arbitration is pending.
In 2001, while working for First Allied Securities in San Diego, Reid was accused of having an unexplained debit balance of $60,321.09. The case was settled for $290.
In 2001, GMS Group of New Jersey accused Reid, who worked for the firm, of making "unsuitable recommendations, misrepresentations and breach of contract in connection with their investments in certain high yield corporate debt and other securities" resulting in damages of $200,000. The case was settled in arbitration for $106,275.
http://www.nola.com/business/index.ssf/2010/12/new_orleans_newest_public_comp.html
Judgment against Andrew Reid for breach of contract and for $206,798.93 bucks. And he didn't bother to show up for court.
https://docs.google.com/file/d/0B8fPIL-cKPM-U2QtOW11ZF81cU0/edit
Treaty's History of Fake Oil....
Looks like Treaty was salting the Barns lease.
And Jakobot (US Fuels) tried to pull a fast one with the TRRC... Looks a lot like fraud to me...
..
Here's the Proposal for Decision and the Statement of the case. The Supersede was not allowed...
http://www.rrc.state.tx.us/media/9908/7b-80369-mrc.pdf
..
Bruce A. Gwyn and Lee C. Schlesinger banned from doing business in Texas in the oil and gas business.
9. As a person in a position of ownership or control of respondent at the time respondent violated Commission rules related to safety and the control of pollution, Bruce A. Gwyn, and any other organization in which he may hold a position of ownership or control, shall be subject to the restrictions of Texas Natural Resource Code Section 91.114(a)(2) for a period of no more than seven years from the date the order entered in this matter becomes final, or until the conditions that constituted the violations herein are corrected or are being corrected in accordance with a schedule to which the Commission and the organization have agreed; and all administrative, civil, and criminal penalties and all cleanup and plugging costs incurred by the State relating to those conditions are paid or are being paid in accordance with a schedule to which the Commission and the organization have agreed,
whichever is earlier.
10. As a person in a position of ownership or control of respondent at the time respondent violated Commission rules related to safety and the control of pollution, Lee C. Schlesinger, II, and any other organization in which he may hold a position of ownership or control, shall be subject to the restrictions of Texas Natural Resource Code Section 91.114(a)(2) for a period of no more than seven years from the date the order entered in this matter becomes final, or until the conditions that constituted the violations herein are corrected or are being
corrected in accordance with a schedule to which the Commission and the organization have agreed; and all administrative, civil, and criminal penalties and all cleanup and plugging costs incurred by the State relating to those conditions are paid or are being paid in accordance with a schedule to which the Commission and the organization have agreed, whichever is earlier.
http://www.rrc.state.tx.us/media/15648/7b-82750-def.pdf
What is Texas Natural Resource Code Section 91.114(a)(2)?
Oil & Gas Division
General Information about Enforcement Orders and Natural Resources Code §91.114
Texas Natural Resources Code §91.114 contains provisions that apply to operators who have violated a statute or commission rule related to safety or the prevention/control of pollution. For purposes of this statute, a “violation” means that a commission order or court ruling has been issued in a matter following notice and opportunity for hearing, and that order or ruling has become final and all appeals have been exhausted. An order in such a matter is commonly referred to as an “Enforcement Order”.
In simplified terms, the statute applies when an Enforcement Order has been issued and the operator has not complied with that order. In that event, the statute prohibits the commission from accepting Organization Report renewals (Form P-5), certain permit applications (including Drilling Permits among others) and requests for Certifications of Compliance and Transportation Authority (Form P-4) for any wells it may operate. The statute also applies to the individuals in control of the company: any other companies controlled by a tagged person are similarly barred from filing with the Commission. Because an “Active” organization report is required for a company to conduct operations subject to the commission’s jurisdiction, the restrictions imposed by §91.114 effectively bar that company (and those who control it) from continuing those activities beyond the current P-5 year.
http://www.rrc.state.tx.us/oil-gas/compliance-enforcement/enforcement-activities/91114-general-information/
Then there is Belize!!
PM says Treaty Oil lied about oil find
On Monday, reports from legitimate international news sources went viral with information that Treaty Energy had struck black gold or Texas tea in Beverly Hillbilly proportions. But like the defunct sitcom from the eighties, it seems that it was all just a badly written script. The news articles quoted Andrew Reid, co-chief executive chairman of Treaty Energy who claimed that the they have found about six million barrels of untapped oil near Independence Village in the Stann Creek District. Today the Prime Minister said that it’s simply not true. And as a matter of fact, the Chief Geologist couldn’t find a wet rock.
Dean Barrow
http://belizenews.com/
No oil in Belize.
New Belize Map out dated June 2013... It shows San Juan well 1 & 2 as "dry holes"... Not even dry hole with gas or oil shows but a "dry hole"...
Treaty calling them not commercially viably is very misleading. Calling them that would imply that some oil was found. The TRUTH is that NO oil was found... NOTHING.
http://estpu.gov.bz/images/GPD/Geophysical/Seismic%20Aeromagnetic%20Surveys%20and%20Wells%20Drilled%20in%20Belize%202000%20-%202013.pdf
It also does not show the Aeromagnetic Survey that Treaty started to do. That is likely because it was never completed.
Screen shot below...
Another map showing all the wells drilled in Belize. There have been some wells with oil shows to the South and West of Treaty's concession. But nowhere near where Treaty is drilling.
Treaty is drilling in the wrong area...
San Juan 3 is another dry hole as shown in this recently updated map from the Belize Geology and Petroleum Department, the same as 1&2 which are only a mile to the south. Like I have said before Treaty went in the WRONG direction in choosing the drilling site for San Juan 3.
No oil in San Juan 3...
http://estpu.gov.bz/images/GPD/Geophysical/Seismic%20Aeromagnetic%20Surveys%20and%20Wells%20Drilled%20in%20Belize.pdf
Screen Shot Below...
That brings something else to mind... How in the heck does Treaty get a claim of 6 million barrels from a dry hole???
It looks as if the whole Belize thing is nothing but a ruse to sell shares.
Wonder what the SEC thinks of this PR about a dry hole??
Our internal analysis indicates that the Stann Creek Field covers an area of around 350 acres, and with 4-acre spacing we would expect to drill up to 90 wells in this oil field. Based on our initial findings, we estimate there are about 5,000,000-6,000,000 Barrels of recoverable oil in place in this first finding."
http://ih.advfn.com/p.php?pid=nmona&article=50943326
All complete Treaty BS...
And how does Treaty report in a 8-K a "pay zone" in a dry hole???
Treaty Energy Corporation (“Treaty” or the “Company”) today reported drilling success on its first oil well, San Juan #2, in Belize, Central America. Treaty reached the initial pay zone of 1235 to 1290 feet and found hydrocarbons at this depth.
http://www.sec.gov/Archives/edgar/data/1075773/000135448812000365/teco_8k.htm
More Treaty BS...
The Belize Geology and Petroleum Department says the well was a dry hole without ANY gas or oil shows. Soooo it now appears that Treaty was in fact very misleading in reporting the findings in Belize and that the Belize Geology and Petroleum Department was the reality...
Fake Belize Oil Strike in the News...
http://www.youtube.com/watch?v=NbkQouLFmuM&feature=youtu.be
http://www.youtube.com/watch?feature=player_embedded&v=SqXNtQJFg84
http://www.sanpedrosun.com/business-and-economy/2012/01/31/ministry-of-natural-resources-refutes-claim-of-oil-discovery-in-southern-belize/
Treaty's been deceiving investors, the public and the people of Belize all along Treaty has known for some time that they were going to plug San Juan 1,2 and 3.
Treaty has yet to make this info public....
http://edition.channel5belize.com/archives/93511
Belize was nothing but a show for investors.
Jeffrey Mercer VS Ron Blackburn-Treaty Energy
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...
https://docs.google.com/file/d/0B8fPIL-cKPM-YU5yUWxOT3ZhTjQ/edit
Update 20 link here... There was a lot of older stuff taken out of the updates after 20.
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=114528851
..
Buyer Beware
Blackburn Scam
Grey Market
..
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