Treaty Energy Corp. (fka TECO)

[DocLevi]

Every investment in oil drilling agreements that I've has a risk... A private firm even adding stressing You Can Lose All Your Investment and they supposedly normed a million dollar net worth requirement but then left exceptions thereby making the net worth requirement useless... But I remember from one investment of 20 well program that was successful to a 9 well program they added and stressed you could lose all, so I doubt their contract didn't have it, but if it didn't they need to add it, which is why this company grouped multiple well programs together so a bad frac or busted pipe type thing on one well could be absorbed like a mutual fund.


And for PGIE... the SEC guys in Ft. Worth at the time were contracted out and were also available for companies to hire as consultants so I doubt SEC will do anything to anyone as they guy making the investigation has coworkers that are consultants... the Laredo/Chicago scratch my back I'll scratch yours dealing... not saying TECO should be liable just a general note that PGIE got off with murder and put assets into a new company doing the same thing when SEC halted trading on PGIE... I found the attorney link from Google'ing it at that time.... the same guy SEC contracted for investigating in some cases was also advertising consulting services... go figure that one out... SEC will do nothing...