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up 16% on decent volume
if Kansas doesn't close this time, there cannot be any excuses; however, the result will be a pps in the triple zeroes
looks like investors are starting to hedge their bets regarding the Kansas deal
pps is slowing climbing
one week to go
not exactly the millionaire status everyone has been talking about; i guess reality is starting to settle in, and a $100 gain looks like it is as good as it is going to get.
i think everyone will start to take a $100 gain and get out.
your link states the Kansas deal was to close by 2/22/11
what happened? it never closed the deal
how can treaty put out a PR promising the moon in Belize, and the stock drops 8%?
maybe the investors know this stock is not going anywhere but down
i hate to show this; everything is a future promise
This new equipment will be delivered from Texas to the Belize
Treaty is intending to acquire a Helio Courier Aircraft
on approximately 4 weeks' notice would have the most suitable rig
The selected Supplier contractor will provide such things as drilling mud, pipe, generators and blow out preventers.
the Company will sign an environmental drilling contract,
it is very close to announcing up to three initial drilling locations, with a projected drilling date within 60 to 90 days.
imo, the environmental drilling contract will delay them for 6 to 12 months.
bid has to double before i can dump my shares; so you can see where my sorry butt sits.
come on treaty, i need that Kansas PR
pro forma
treaty has sold more than 380k shares already today; they must be getting money together to handle the end of month bills. i can't imagine that downtown Houston office comes cheap.
remember, if your in the oil business, you have to be headquartered in Houston :->
treaty is currently NOT drilling for any oil; nor does treaty pump any oil.
therefore the effect on pps is zero.
a dime
what happens is triple zeroes; can you say .0009
that is what you get when you increase AS to 750m shares.
i have to agree with you about getting teco shares at this pps; now with 750m authorized shares, it should be easy to pick up shares from treaty until the pps starts another downward trend.
that PR sure had a huge effect on teco pps LOL
yes, everyone still has time to buy at these prices; probably forever. or even lower.
i predict the greenies will win in belize
Mark my words.
<<The reasons given by the lender are lack of time to finish the title searches on the 57 leases and time needed to finalize the loan documents based on the results of the title searches. >>
what does the weather have to due w/ Title searches???
another delaying tactic; NOT going to happen.
i wonder who the LENDER is?
Mark my words.
your first three sentences said SOON, SOON, SOON.
any company, other than treaty, and this wouldn't be quite so funny.
SOON has been promised for over two years now; SOON regarding treaty is NOT going to happen.
Mark my words.
treaty is not getting very much money for the shares they are dumping on the market; prices are much too low.
does anyone know when treaty will put out a PR regarding what happened to the Kansas oil lease deal? i thought it was supposed to be out on the 22nd.
what is the current OS count taking into account the new AS? anyone
modus operandi for treaty
have you noticed the number of shares trading per day has increased slightly since the number of authorized shares was increased?
i think the Komex deal will be closed SOON; right up there with treaty closing the Kansas oil leases, SOON.
frankly, treaty is not reporting anything re the Kansas deal, are they?
how do you call treaty fully reporting???
treaty, update please; it is now the 23rd of Feb 2011
Press Release Source: Treaty Energy Corporation On Tuesday December 21, 2010, 6:30 am EST
HOUSTON, TX--(Marketwire - 12/21/10) - Treaty Energy Corporation (OTC.BB:TECO - News) today announced it has received a lender commitment to provide $9 million in funding for the purchase of the Kansas-based Town Oil Company, Inc. leases, with the closing to occur within 60 days. Treaty Energy and Town Oil have agreed to extend the term of the purchase agreement to February 21, 2011.
Under the lenders commitment the $9 million in funding will include $6 million to fund the purchase of the leases and all assets on these leases, and $3 million to fund the closing costs, workover and the planned new drilling program on the Town Oil Company leases.
have to pump up the pps in order to dump all shares and get out.
this was copied from the other board:
<You guys are right on but what scares me is that a good friend told me they are moving in heavy equipment in Belize to clear the way for oil rigs and for building roads to the drilling site. As a pre-caution I may have to change my views and rebuy a few million shares in case they do hit oil. >
can you imagine teco was going to start drilling in belize, and they didn't even have the infrastructure in place to get a rig to the drilling site.???
i'm hoping that treatys next PR is one of their best; pull out all the stops treaty, look back at what has worked in PRs in the past and use that. don't hold back; i need one last pump to get out.
remember treaty, your next PR doesn't have to be true, just promise the moon. treaty has probably pumped more than two barrels of oil in Tenn, so now treaty can state that they have revenue.
go treaty
:->
i'm so far from the ASK that it isn't even funny; i will need to have the best PR teco has ever thought up.
yes, one would certainly believe there should be more volume; imo, teco share holders are holding onto their shares attempting to cover their losses with the next PR. also, the only teco shares being traded are one that have just come off the restricted list.
imo, this company is certainly not being truthful.
good post; the negative facts and no positive movement are starting to tell the true story re treaty.
no revenue and no oil; no belize drilling permit etc, etc, etc.
and we have to wait for the 10-K on April 15; that is 5 months since the last 10-Q
far,
i guarantee you that you still have many, many months of opportunities to buy teco stock in the double zeroes and in the future in the triple zeroes; not that anyone will want to.
:->
no permit to drill
therefore, no oil
whatever treaty paid for that promotion was way too much, and had absolutely no effect whatsoever.
i didn't go back into the teco ihub posts, but this same tactic was tried in the past; probably about a year ago. it had the same effect, nothing.
:->
you should have contacted me; i could have got you your shares for cheap, cheap cheap.
by the way, there is no treaty oil.
two chances, slim and none.
or, we could not close the KS financing, and there is NO news re Belize.
then we will continue to drop the pps to triple zeroes.
AKA, business as usual for treaty
nada; i will be attempting to dump all my shares with the next PR
but will treaty ever be allowed to drill in belize?
oil is up over 4% and this stock doesn't even trade???
oil is up over 4% and there are no posts on the teco ihub board???
whasssssssup?
i'm B)
B) You got tanned from the 'other' company mentioned in your posts and you have a score to settle.
go teco
i just hope treaty pulls out all the stops in their next PR
the sky is the limit; imo, this will be treaty's last chance to have the pps increase to around 2 pennies.
don't hold back on anything treaty; look at your past PRs and see which ones increased the pps for about two hours; then use those same tatics and promises again.
go teco