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That jukebox down in San Carlos Mexico seems to be stuck on "Do the hustle". Better select "All things must pass", because that is more appropriate for Treaty Energy. Perhaps some "Jail house rock" for a few of the scam artists. Maybe the taste of a taco da mierda will be all Louie has left in his mouth. TECO = Mierda.
Just another day in the RIDICULOUS ZONE !!!!!!!!!!
You know what is ridiculous is the notion that there are massive NSS out there when they could have been covered for less than 36,000 dollars. There is no upside for holding these shares and tying up reserve capital to maintain these shorts. The NSS is a fictitious attempt to divert blame for the failure of this company. TECO has them a done deal. And it is well done. Even burnt worse than the investors. Bruce looks like he is drooling for Bubba! Lol!
So trimerica will be no different than treaty in that regard...
I agree with that statement. Trimerica will be no different from Treaty in all regards. But let's be real. There are no shorts. Any shorts would have been covered by now. Where is the upside versus risk at the current stock price? Who would tie up reserve capital waiting for a few .00-cents? No real investor would tie up reserves holding stock that is at the bottom. Quit trying to make stuff up and realize that Treaty/Trimerica is a failed company.
So basically you are saying that you are ok with the shareholders being screwed as long as no convictions are made? You are ok with gross mismanagement of the company? You are all for protecting the rights of corrupt individuals?
I am a bit confused. Why hasn't Treaty filed all of those 10 K's by now. You say they will get caught up shortly, but they still have not made an attempt at getting the audit complete. Should I call B.F. Borgers again and see if the audit is complete? Perhaps Treaty has some reasons for delaying the audit and filings. Like perhaps they show that the not everything has been on the up and up.
So basically Treaty/Trimerica is saying that FINRA has denied all attempts to the name change and reorganization. I think that the new shell will not be allowed in the shell game of TECO. So it looks like Trimerica is dead in the water.
King Louie should go ahead and lock in those profits then! What a joke. I cannot believe anybody is still trying to pump this stock. Louie should just stay in Mexico where it is safe for him to spread such nonsense. TECO smells just like the tacos Louie is serving. And I would not put it past him serving them to shareholders. TECO will not recover from the mismanagement that has occurred and will be buried in the grey grave forever.
King Louie should go ahead and spend his last Korona bottle deposit refund on TECO. He believes in TECO so much he should double down his "investment". Truth is this stock is going nowhere. TECO is not compliant. TECO has no money. TECO has no assets. TECO has no oil. TECO has no credibility. TECO has no accountant. TECO has no management. TECO has no vision only illusions. Good luck!
TECO is guilty of being an extremely bad investment!
The only fantasy here is the belief that Treaty will survive.
Your statement is not correct. What you are spinning is that all the cheating and corruption by the Treaty executives and Blackburn were just made up on the internet. What will be real is the court decision finding these people guilty.
Please show me the post that was written that the SEC used verbatim in their complaint. The SEC probably was alerted to the shenanigans Treaty Energy has been doing and then performed their own investigation. Treaty cannot even run a bad scam. In every scam there is a little truth. Treaty has never been truthful. They cannot even pretend to run a business. No accounting, no TRRC filings and compliance, no regulatory reporting. Remember Treaty was kicked down to the greys because of compliance issues. They are just a bunch of corrupt lazy bastards that think everybody is a sucker. Will all the Treaty supporters still be here when the final guilty verdict is read? Or will they be ducking and covering? How anybody could support this stock after the self inflicted wounds, I cannot understand. This stock has never performed for the investor.
I must have missed all of those internet stories being circulated. I did not see any mention on CNN Money or MSNBC or FOX Business or Forbes or CNBC. Please point me towards the big story. I cannot seem to find any mention of this piss ant stock. And your story that the SEC has built it's case on the postings of a message board is ludicrous. Blackburn, Reid, Klein and others are nothing but a bunch of scalawags and should be avoided at all cost.
I believe investors have already passed judgement on this stock as evidenced by the price per share. And the SEC has nothing to do with the oil production, oil revenues, corporate filings and required filings for publically traded companies. I believe the company is supposed to make all of that happen. Who else do you want to blame for this fiasco? It is the management of Treaty that is responsible and will be held accountable for any shenanigans that has been perpetrated over the last few years. I wonder if it will reach down as far as the paid promoters?
BAM! TECO has no oil! BAM! Just the facts here! Who cares what happens now? There is no way this company can recover from the reckless leadership by the management. Where is that Audit? I said I would go along with the 90 days. Hasn't it been 90 days since the two week promise was missed and the 90 day timeline was made? BAM! No audit! BAM! No filings! BAM! No revenue! BAM! BAM! BAM!!!!!!
So you are telling me that TECO has had no revenue for the last 14 months? Are you telling me that there are no profits for at least the last 14 months? How much cash reserve does Treaty have? What projects are being developed to produce revenue? How are salaries being paid? How are they paying vendors? How are they paying the light bill? Better pay that light bill or else you will be like Blackburned.
Where is the oil production.
Well...if you look for nothing, you are most likely to find what you are looking for...
Well maybe I am not as sophisticated investor as you. But I think I would have covered by now. What is the upside? There is not any upside left for a short position. That is why there are no shorts. It would be stupid to have a short position. How do you figure it is a good idea to have open shorts now? Please explain to me why you would not have covered by now? There are no shorts. There is just a total failure of a company.
How is the oil production going? Anybody have a clue? How is that audit going? Anybody have a clue? How are those corporate filings going? Anybody have a clue? How are the "new" BOD doing? Do they have a clue?
Why would anybody - including brokers - have an open short position when the stock price is ranging somewhere between nil and none? Where would the upside be for not covering? Another ten bucks? This really is an alternate universe when gains are not locked in for an extra dollar or two of profit. Why risk an open position? If a short was made, why would the shorter not cover? Obviously he would be so far in the money, what difference would another 0.003 cents make?
Lol. This is not news. Treaty left long ago. Treaty as usual creates a mess and does not clean up after itself. Treaty was so confident about the 600 million barrels of oil that they just left. Treaty chose not to fight for 600 million barrels of oil that they claimed to have discovered. They just left. Why? Because there was no 600 million barrels of oil. Treaty made up the story to pump the stock.
How has anybody won here? Treaty cheated people.
Private makes it easier to scam investors. Less regulation....
Right.....Quick! Look at the left hand.....Rich people do not fall for such scams. They know when something does not add up. They insist on transparency. Treaty is not a vehicle they would drive.
The only fools still supporting this scam of a company are damned fools. Treaty is a fraud and has committed fraud and deception from inception.
So it is your position that the lack of success by Treaty Energy is because the SEC has the handcuffs on? Who are you trying to kid? The reason for the SEC having the handcuffs on is because Treaty failed to run a proper business and is/was nothing but a dry hole scam from the start. Please tell me which project that Treaty was involved in that made money? The only money these crooks got was from shareholder money. The "longs" will never get their money out of this scam. Treaty will never make money. And now you blame the SEC? Blame the crook management for not following the law when it comes to financial reporting. How is that audit coming along? Where are the jokesters that said the financial audit would be completed in two weeks, then 90 days?
They have nothing until they do. It's a process
Who are they? Will they file all the reports and information that is required to run a business? Will they disclose audited financials? Will they have any money to do business? Will they do exploration and production? They will not do. The Treaty scam is over and now they are attempting to move it over to the Trimerica scam.
How is the "new" management going to operate? Do they have a lease inventory? Do they have working interest money? Do they have operator credentials? Do they have any oil revenue? There is nothing there. There is only one kind of long here now and that is the so long.....
You want to know what is criminal? No oil! Now that is criminal. Why is it that everybody associated with Treaty Energy (or lack thereof) is being or has been or will soon be charged for some criminal action. What a bunch of fine outstanding citizens this bunch is. Who would be crazy enough to invest a nickel with this lot?
Forget about the SEC suit, the fraud charges and the lawsuits for collections. Where is the oil Treaty promised to produce? Where is the 2015 bopd? Where is the management team? Oh - I forgot! They are Running!
How about the oil production numbers?
And still no oil......
"Rampant Leon Financial Group"
No. It is Rampant Lying Financial Group. There. I fixed for you. Glad I could help.
Let me put you back on target. After ripping investors off for close to 5 million dollars. Treaty has no oil production. Treaty is a dry hole scam. Treaty is a fraud and it will be written in history. You might say Treaty is seasoned well and ready to be cooked by the SEC et al.
The shell game is not going to work. Treaty/Trimerica is a fraud.
So where's the oil?
Where's the oil?
So - how much oil was produced in Belize? And Treaty is going to finance a Colorado project with the cash from equipment sales in Belize, less the payoff to creditors of course. LMFAO! The whole press release is just more of Treaty BS. Hey Treaty! If you produced as much oil as you do BS, the shareholders would be rich.