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illegal and unlawful does translate into criminal..
either the BK judge would have to refer the case to the feds or local DA
or
one of the attorneys can get the ear of one of the above
remember this answer to my warning re: eeso?
cooked??? try "carmelized"
i hoped more would listen.
I had all the proof I needed. I recognized what they were doing, just like the feds did. The difference between me and the Feds is that they have subpeona power, I do not.
The other difference is that I warned you. The Feds did not.
really? I remember you lambasting me for saying this is a scam... selective memory?
this isnt a scam, its a profit desl
Problem is, as a shareholder, you are an owner of the business. Your only recourse is to sue Jared.
like many, if not all pinks, the business plan is to create the facade of a business in order to sell shares to the public. Their business is selling dreams in the form of shares. There has been a wake up call, and if anyone still thinks there is any semblance of a legitimate business here, you are oversleeping
WWAG- trades way below book, even with its possible/probable DOJ fine ( they are a heavy equipment auctioneer, and some of what they (most likely) legitimnately sold, was resold and wound up in Iran). fine could be reduced. profitable, with record number of auctions planned in Q4. was as high as .98 this year, and volume is picking up.
lol... good one..
BTW this one is going criminal.
Jared in the crossbar hotel
I imagine that isnt the case for everyone, if you know what I mean.
why didnt the preferred shareholders file for owed dividends?
Redd Foxx
in my opinion PBLS was always a vehicle used soley to rob shareholders,rob their acquired companies, and rob anyone else the bayou bozos could get near. This was never an investment, they never gave a rodents butt about anything but themselves.
From Day 1.
unfortunately, your MM goes on the bid at the open, and there is a second or two that a sell can scoot in before your bid shows up.
so, alonzo is disputing his own claim that he lent the company money?
looks like BK isn't much protection
you had that called almost to the minute.
can't figure out why anyone would try this... maybe its just neophytes that think they know how to pump a stock.
why would I need an exit strategy? I do not own any of this, I sold at .03 a few years back
I Box? If you look at an I-box for DD, then it truly is an I-box.. as in "Ignant"
Btw, my thoughts are this is buying just from a bunch of guys that want to pump what appears to be a thin .0001 deal.
most likely, but I would think not until the deal closes
you got it....
n'orleans...
SOO.,...
That would cost $7 million dollars to generate AT MOST $1 million at 70 per barrel. they pay the CEO and his "LLC" a total of 310k per year. ao maybe the net profit is 200k. now just where is the $7 million coming from?
That doesnt look like a good investment to me
and how would you possibly know what "IR" company i was talking about?
so what you are saying is that it is better to be reporting so you KNOW that something is crap instead of just suspecting that it is crap.
I agree whole heartedly
Treaty Energy is a fully reporting company.
If you want a laugh, read their filings.
Who I am or my relationship to either company does not change what is in their SEC filings.
That is in the 8-k filed march 12, 2009
as copied and pasted..
Description of Our Business
Treaty Energy Corporation, (“Treaty”, “the Company”, “we”, or “us”) was incorporated in the State of Nevada in August, 1997. As explained in Note 10 in the financial statements, In December, 2008, we merged with Treaty Petroleum, Inc., a Texas Corporation under a transaction commonly referred to as a reverse merger. Treaty Petroleum, Inc. is owned 100% by Phoenix Associates Land Syndicate.
We own a 100% working interest and 70% royalty interest in two oil leases in Crockett County, Texas containing four oil wells. We are currently focused on operating and increasing the production of our oil wells on those leases and acquiring additional working interests in oil and gas properties.
We are an oil producing company
Phoenix associates land sybdicate is in chapter 7 bankruptcy proceedings
Treaty Energy is a fully reporting company in good standing with the SEC.
there is clearly a conflict of interest in my opinion, and the shares can not be sold without an SEC filing. I do not see his compensation package as being much incentive for him.
Interesting. I did a google search for this entity specifically deleteing the word "Treaty", and I could not find a thing about them anywhere.The only mention of this entity at all is on the Treaty PR. Do they currently hold oil proerties? Do they have revenues? I see in the PR
"about Treaty Energy" but I see nothing "About Discovery Resources Group. LLC"
I would like to have the fully disclosed TECO disclose info about this partner.
Perhaps we can start a conversation of our own with those who are interested in the company's fundamentals, the company's financial condition and share structure. These are the things that matter in an investment.
i believe that they will need at least $500,000 to get the wells into production, but I do not see how they can do this without issuing 50 million shares or so. It looks like those properties would only produce about 300,000 worth of oil per year Gross, and the net would be alot less.
Also, the Joint venture and bank line of credit..It appears to me from the announcement that it is merely an small equity stake in any project treaty can find for the other partner. what portion of the JV would Treaty have?
I bet someone will follow with a general statement about oil, or "teco is fully reporting"
Can anyone translate the new properties and projections for production into revenues and earnings, taking into consideration salaries and other costs?
Since there appears to be people very knowledgeble here, this should be a major reason to buy the stock.
Questions I would like to see answered:
1-total cost of getting the wells online.
2- barrels per day of production once the wells are up.
3- total revenue projected from those wells.
4- total cost of salaries, etc.
Lets talk fundamentals!
Thank you.
YES it was ...
also, as found in an SEC filing made by treaty 8-k on 3/12/2009
Note 1 - Organization and Nature of Business
Treaty Energy Corporation, (“Treaty”, “the Company”, “we”, or “us”) was incorporated in the State of Nevada in August, 1997. As explained in Note 10 in the financial statements, In December, 2008, The Company merged with Treaty Petroleum, Inc., a Texas Corporation under a transaction commonly referred to as a reverse merger. Treaty Petroleum, Inc. is owned 100% by Phoenix Associates Land Syndicate.
We own a 100% working interest and 70% royalty interest in two oil leases in Crockett County, Texas containing four oil wells. The Company is currently focused on operating and increasing the production of our oil wells on those leases and acquiring additional working interests in oil and gas properties.
We are an oil producing company.
Of course, Phoenix has filed for bankrupcy protection , but failed to list this asset. I will be notifying the bankrupcy court of this filing shortly.
NO Dilution?
Hardly.
The company did an 8-1 reverse split and then issued 414 million shares to TK holdings. TK holdings did not bring any oil properties to Treaty shareholders, they did not bring any revenue to the company, and TK holdings is not a director or officer of the company.
I call that dilution.
Does TK holdings run Treaty Energy?
If not, what do they bring to TECO that makes their 414 million shares non dilutive?
level 2 tells you nothing. It does not tell you size, it does not tell you what orders any market maker might have above the current ask, it does not tell you anything but where each MM is at that moment. Do not confuse having few MM's with thinness, seeing how the new "IR" guys will need to create their own liquidity, huh?
Gotta love those opinion letters..
why do you think it is thin?
You do not have any idea what type of orders any MM has. For instance, you do not know that Nite has 2 million to go at .023