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has the trading of treaty TECO stock been halted? guess not; just very little interest.
brilliant, aren't they?
lol
i thought treaty had a GUATEMALAN driller signed up to drill in belize
are they also buying another drilling rig for belize??
do they have the environmental filings completed in belize to begin drilling? i don't think so
treaty hasn't closed on anything.
can you see a pattern here?
A/S and O/S have increased.
can you see a pattern here?
no revenue for past quarter.
can you see a pattern here?
several new companies formed from nothing.
can you see a pattern here?
many, many fluff PRs that promise lots and never come to fruition.
can you see a pattern here?
pps dropping again.
can you see a pattern here?
<<the only things treaty produces are vague PRs and shell companies. >>
i was wrong, treaty also produces Authorized Shares and Outstanding Shares of Treaty stock (by the bundles)
question is, how much does a bundle of treaty shares go for?? not very much
straight
yes, without any doubt, i expected this 10-Q to state that treaty had positive revenue.
Without any doubt
doesn't treaty have producing oil well in TN, KS, and TX?
oh my goodness, treaty is in the .02s already
at least the volume is up, that is good news, right?
couldn't agree with you more; treaty got pps up over .06. then it was the .05s and the .04s, now it is in the .03s, SOON to be followed by the .02s and the .01s. again it will hit the triple zeroes, around .0075
mark my words
i guess NO REVENUE finally means NO REVENUE
can this get any clearer??
anyone??
10-Q out
http://biz.yahoo.com/e/110516/teco.pk10-q.html
bits of it state:
We had no revenues for either the three months ended March 31, 2011 or 2010.
We expect that the Kansas oil and gas leases, if acquired and financing is obtained,
by selling additional interests in our Joint Venture with Princess Petroleum Limited and through the sale of debt.
There is no guarantee that we can raise the funds to accomplish our production goals or consummate our intended acquisitions, or that the expenditures on our existing leases will produce the increases in production we anticipate.
end of bits
what a load of CRAP!!!!!
are you referring to the Kansas acquisition?
couldn't agree with you more; treaty got pps up over .06. then it was the .05s and the .04s, now it is in the .03s, SOON to be followed by the .02s and the .01s. again it will hit the triple zeroes, around .0075
mark my words; we have been trying to tell you to protect your money
the only things treaty produces are vague PRs and shell companies.
no oil = no revenue
no oil in TN, KS, TX or belize
isn't the 10-Q due today, or has it been delayed?
of course treaty is not producing any oil; the new businesses and new COO are the exact same scenario playing out again that played out with the previous company that blackburn and pa and ca were a part of; the exact same scenario.
i don't care if anyone here agrees or disagrees, i have seen this before and it is happening again.
the pps is going down again; soon it will reach the double zeroes, long before anything can be verified regarding belize.
if anyone doubts the last statement, talk to me about the tennessee and the Kansas deals. they are both down the tubes, but nobody ever talks about them. the two bit texas deal is next.
belize is the biggest pipe dream (sorry about the oil connection re pipe dream) that has ever been discovered; does anyone notice that it is a foreign county again, same scenario as before.
keep playing it out; several of the main players here at treaty have received tons of free shares. one is holding out for a quarter; hope he never gets it.
treaty's pps is almost done with the .04s; the .03s should fall tomorrow
doesn't that date make the documents invalid? just like everything that treaty does???
news regarding the Kansas deal would be enlightening; doesn't treaty need to make known the Kansas deal did not happen???
volume???
don't worry about the small volume, it will come back when treaty starts selling some of those 750,000,000 Authorized Shares
Can we please get some oil out of the ground
i would certainly hope that treaty had 'an active operators number' from the TRRC for pumping oil in the State of TEXAS. this should have been accomplished a long time ago.
is this news, or just pumping the pps?
should run in the mid .04s today
pps will drop gradually over the next few weeks
these two different releases don't agree regarding the drilling company in belize; treaty is blowing smoke.
http://www.treatyenergy.com/flashsite/index-5?fn_mode=fullnews&fn_incl=0&/fn_id=45
states: Drilling Contractors: The Company has received a number of competitive bids from drilling contractors, and has come to terms with Guatemala City based company. The selected drilling company has a variety of drilling rigs available and on approximately 4 weeks' notice would have the most suitable rig, depending on drilling depth, in place for the first few anticipated wells.
while,
http://finance.yahoo.com/news/Treaty-Energy-Forms-Treaty-prnews-1872257313.html?x=0&.v=1
states: In conclusion, CEO Andrew Reid indicated, "We are now in the final process with regard to contracting a drilling company. We are currently evaluating a highly qualified company out of Guatemala City, but other companies are also being considered, some of which are based in the United States. It has been determined that an air drilling approach would be very successful in the areas that we will be exploring. Since air drilling can be faster and would likely create less contamination and/or damage to the oil bearing formations, all factors are being considered prior to issuing the contract for the first well."
can't we at least get an honest state of the so called drilling company? will treaty state anything just to get attention?
treaty cannot get funding to drill the first well in belize??
The BOD along with Ron Blackburn will be funding the first well.
the most important part of the msg:
<<Drilling will start in May providing all the paperwork is done. Permits and so forth. >>
old news; 11 months old
anything new???????????
i expect an 8-K soon also; but i'm not holding my breath.
i can take a 10% loss any day; but it might get larger than -10% lol
come on treaty
treaty has about one half section of land (about 320 acres to drill on) in Texas.
plus they have a little driller now and they SAID it is already drilling
one would think the pps would be around .20 to .50 by this time
wti crude is 111.77 right now; times zero barrels per day, that comes out to $0
does anyone think they got snookered???
i think if you can get out at .05 today, you will be doing yourself a favor.
gain or loss, .05 might be it until the next pump and dump.
today' news is actually one week old, so NO, it does not mean an 8-K today or tomorrow; if treaty follows true form, that PR will never be discussed again.
teco is being silent re Kansas; i guess we should be very happy that treaty is able to hold in the low .05s with absolutely no information. that should be a 5 banger for almost everyone here.
treaty is taking a bath today; maybe the fact there is no PR and no revenue is starting to catch up with treaty.
info re the new Texas leases is very late coming; more hype???
how is treaty able to keep the pps in the .05s when then is no verification of anything they put into their PRs?
i'm still waiting for the Kansas deal to close; that PR is close to six months ago. nothing but complete silence from treaty; certainly not honest and open regarding what they put into their PRs. they have not been open about anything re the Kansas deal; and only 2 barrels of oil from all the so called Texas acquisitions.
this article is almost a year old, but still relevant
http://belizean.com/uncategorized/belize-ngos-call-for-ban-on-offshore-oil-exploration/
maybe belize is more hype than substance
has anyone any information regarding the Kansas lease/funding? this seems to be going nowhere and has been very quiet since Feb 2011
where is treaty getting $170,000.??? they don't have it.
that might be a little high; double zeroes will be more like it.
has ANYONE heard anything about closing the Kansas deal? i haven't.
re drilling in Belize in May 2011, i'm certain that treaty does not yet have permits to drill in Belize
have you heard any news regarding the Kansas funding?
next week teco shareholders will have nightmares, imo
imo, treaty does not backup their acquisition PRs w/ an 8-K; they just silently fade away and nothing is ever heard about them again.
do you know anything regarding the Kansas funding???
i didn't think so.
do you know anything about the two Texas acquisitions???
did you read the 10-K and see ron blackburn's name?
that in itself answers all questions regarding scammers from pbls in teco; yes there are.
Going Concern
The accompanying financial statements have been prepared assuming that Treaty will continue as a going concern. As shown in the accompanying financial statements, we had negative cash flows from operations of $330,851 in 2010 and $212,511 in 2009, and a working capital deficit of $1,485,551 at December 31, 2010. These conditions raise substantial doubt as to our ability to continue as a going concern. The financial statements do not include any adjustments that might be necessary if we are unable to continue as a going concern. Management intends to finance these deficits by making additional shareholder notes and seeking additional outside financing through either debt or sales of its common stock.
and accurate
with No News, imo, i predict a close in the high .01s today