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Mr. Sommerville has over fifteen years of private and corporate finance experience. He founded Heartland, Inc.(OTCBB: HTLJ.OB), a diversified holding company, in 2004 where he remained as CEO and Chairman until bringing in Heartland’s current CEO and Chairman in 2007. Mr. Sommerville was instrumental in keeping the company focused and taking it from no assets and no revenue to one with annual sales revenue in excess of $130 million. He remains a Director of the company.
Solid CEO, Check out what he built at Heartland. Will continue to accumulate at these low prices
Trenton S. Sommerville - Chief Executive Officer & Chairman
Mr. Sommerville became the Chairman and CEO in January 2009. Since his appointment, he has focused his efforts on restructuring the company, securing capital funding, building relationships and positioning the company for future growth.
Mr. Sommerville is responsible for leading the firm, finding new acquisition candidates, managing M&A activity and strategic planning. He works from the Company’s headquarters in Miramar Beach, Florida.
He has over 15 years of private equity and corporate finance experience. During this time he has worked with 300+ clients, raised over $45 million in capital funds, was the lead team member in taking 5 companies public and brokered 10 M&A transactions.
Mr. Sommerville is also the Chairman and CEO of First Capital Partners, a boutique investment banking company. Under his leadership, First Capital has grown from a small consulting business in 1996(IGE) to a full-service investment banking firm focusing on mid-market opportunities.
Mr. Sommerville also founded Heartland, Inc., a diversified holding company, in 2004. He was the Chairman and CEO before bringing on its current CEO in 2007. He was instrumental in maintaining the company’s focus and returning it profitability in early 2008. He now serves as a Director.
Prior to starting IGE he worked at Anjet where he obtained NASD Series 22 and Series 63 licenses.
Concordis Group, Inc. Develops Pipeline of Five Captive Insurance Cells
Wednesday March 31, 2010
Concordis Group, Inc. (Pink Sheets: CNGI), a growing financial holding company, announced today that it has recently developed a pipeline of five potential captive insurance cells in a wide range of industries and states. Concordis Group anticipates that a majority of these captive insurance cells will be created and launched by December 2010.
Trent Sommerville, CEO of Concordis Group, Inc. stated that, "The business community's growing understanding of long-term strategic merit of operating a captive insurance cell appears to have become more widely understood and embraced by middle market companies, affiliated groups, and associations."
Edward Valaitis, COO of Concordis Group, Inc. stated that, "Our unique value proposition, depth of expertise, and willingness to be an equity partner with our clients has created an attractive value proposition for those seeking greater control of their insurance, better risk management, and potential cost savings."
Concordis Group, Inc. will provide additional updates and detail as the developing captive insurance cells approach completion.
It doesn't take much to open it back up!! lol
TK Holdings doesnt even exist anymore
I agree, but you have to instill trust in your CEO up to a certain point, hindsight 20 20
Could it possibly be that Ronda was lying to others involved in the company about what really was going on at those leases? My guess is YES, which imo is why she was eventually canned.
Whats up Shiz, just got in
Your still here everyday! Just go ahead and admit you love this stock lol
lol The prediction before that was triple z's
Any opinions on the attorney from Slidell filing suit against PA & CA while they are currently in bankruptcy court?
PA & CA are not involved in this company.
If the Alonzos were still involved why hasn't Treaty come up in their court case?
Or perhaps Ronda stated they were producing that when indeed they weren't. The Texas RRC website proves the reason TECO severed ties with Highground and Ronda Hyatt. imo this illegal tactic used by Laurent and a gisgruntled former employee will backfire in a huge way.
lol bloodbath? Funny how some on here are good enough to dig this kind of stuff up but somehow can't piece it all togethor. Texas RRC says it all for anyone wanting the real facts. Or credibility for that matter
So when TECO proves production does that mean your finally on board?
Very impressive today! Flippers made some nice profits and we still finished strong!
I thought about that at closing
Nice week TECO!! Congrats to everyone who took advantage of the two rediculous trades!!
TECO .027!
TECO poised for a run!
Thats inZane!
3's would make it a great weekend!
Looks to me like the day traders cashed in on some nice profits without any effect on the PPS! Very Nice!
TECO up 283% in last five days!
Welcome back Viki! How was the Bahamas?
Seems as if the tide may be turning
IMPORTANT DD FOR INVESTORS
Treaty Energy Corporation
OTC BB: TECO DATE: Mar 3, 2010
EDGAR STATUS EDGAR Reporting
CHAIRMAN / CEO Randall Newton HEADQUARTERS Houston, TX
MAIN PHONE 713-425-5377 STATE OF INCORP. NV
LAST TRADE $ 0.023 TRADING VOLUME 2,942,819
52-WEEK HIGH $ 0.075 AVERAGE VOLUME 1,318,368 (50 day)
52-WEEK LOW $ 0.002 AVERAGE VOLUME 2,208,913 (10 day)
SHARES AUTHORIZED
COMMON / PREFERRED 500,000,000 / 50,000,000 OUTSTANDING
(As of 2/25/10) 496,605,132 / 77,000
# OF SHAREHOLDERS 5,800 CURRENT MARKET CAP $ 11.353 million
INVESTMENT CONSIDERATIONS
1. Treaty Energy’s Kansas-based properties include 57 Oil & Gas leases covering 7,788 acres, with 481 active producing wells. Oil production from these fields is considered “sweet” and thus brings premium prices in the market.
2. Based on the recently “Reserve Report” the summary of all proved reserves projected to produce cumulative future cash flow of $43.1 Million through 2014, based on a starting point for the Report of 110 barrels per day, with KS leases producing over 1,000 barrels per day by December 2011.
3. Present value of the 57 Kansas leases, at the 110 barrels per day level, have a “Present Worth Profile” at a 10% discount rate of about $23 million to Treaty Energy.
4. Treaty Energy’s Tennessee lease includes 4 wells at present, with estimated production of 40 barrels per day, of which the Company has a 70% working interest. The TN leases have potential for drilling more than 200 additional wells.
5. While there are 481 active producing wells on the Kansas leases, and 4 wells on the Tennessee lease, the planned drilling program is projected to add new wells on a scheduled basis, to exceed 1,150 active wells by December of 2014.
6. It is Treaty Energy’s strategic plan to acquire and develop many additional oil & gas properties and to become a significant player in the industry over the next five years, and beyond. The Company’s management team is up to the challenge to grow!
7. INVESTMENT HIGHLIGHTS
A. Long-lived stable growth of proven production Oil & Gas leases.
B. Low-risk, lower-cost drilling opportunities via focusing on shallow projects.
C. High percentage of proven undeveloped reserves to harvest for profit.
D. Kansas and Tennessee Assets contain over a 1,000 drilling opportunities and ample undeveloped acreage, which will allow Treaty to offset portfolio decline rates, increase production levels, and expand the asset base.
I think we finally have investors realizing this oil is real!
.02 to .025 in 5 minutes! not bad
WOW! That was f'n sweet!!!
Things might be getting interesting from this point on
jmo, but when it's all said and done your opinion will change. St. Tammany corruption is coming to an end.
COME ON PEOPLE. BUY AND SELL AT THE ASK!
PPS declined because of ARGY
imo lol
Who Dat Cap!! PPS moving on up!
150 bbls > zero production
PPS up 182% in past week
LOL
IMPORTANT DD FOR INVESTORS
Treaty Energy Corporation
OTC BB: TECO DATE: Mar 2, 2010
EDGAR STATUS EDGAR Reporting
CHAIRMAN / CEO Randall Newton HEADQUARTERS Houston, TX
MAIN PHONE 713-425-5377 STATE OF INCORP. NV
LAST TRADE $ 0.0169 TRADING VOLUME 2,465,543
52-WEEK HIGH $ 0.075 AVERAGE VOLUME 1,202,794 (50 day)
52-WEEK LOW $ 0.002 AVERAGE VOLUME 1,944,737 (10 day)
SHARES AUTHORIZED
COMMON / PREFERRED 500,000,000 / 50,000,000 OUTSTANDING
(As of 2/25/10) 496,605,132 / 77,000
# OF SHAREHOLDERS 5,800 CURRENT MARKET CAP $ 8.34 million
INVESTMENT CONSIDERATIONS
1. Treaty Energy’s Kansas-based properties include 57 Oil & Gas leases covering 7,788 acres, with 481 active producing wells. Oil production from these fields is considered “sweet” and thus brings premium prices in the market.
2. Based on the recently “Reserve Report” the summary of all proved reserves projected to produce cumulative future cash flow of $43.1 Million through 2014, based on a starting point for the Report of 110 barrels per day, with KS leases producing over 1,000 barrels per day by December 2011.
3. Present value of the 57 Kansas leases, at the 110 barrels per day level, have a “Present Worth Profile” at a 10% discount rate of about $23 million to Treaty Energy.
4. Treaty Energy’s Tennessee lease includes 4 wells at present, with estimated production of 40 barrels per day, of which the Company has a 70% working interest. The TN leases have potential for drilling more than 200 additional wells.
5. While there are 481 active producing wells on the Kansas leases, and 4 wells on the Tennessee lease, the planned drilling program is projected to add new wells on a scheduled basis, to exceed 1,150 active wells by December of 2014.
6. It is Treaty Energy’s strategic plan to acquire and develop many additional oil & gas properties and to become a significant player in the industry over the next five years, and beyond. The Company’s management team is up to the challenge to grow!
7. INVESTMENT HIGHLIGHTS
A. Long-lived stable growth of proven production Oil & Gas leases.
B. Low-risk, lower-cost drilling opportunities via focusing on shallow projects.
C. High percentage of proven undeveloped reserves to harvest for profit.
D. Kansas and Tennessee Assets contain over a 1,000 drilling opportunities and ample undeveloped acreage, which will allow Treaty to offset portfolio decline rates, increase production levels, and expand the asset base.
MMs fighting .017
PPS SAYS IT ALL!!! Up 54%