Treaty Energy Corp. (fka TECO)

[Russian-Trader]

LOL! There's that "Canada Deal" the CLownfish want everyone to believe is providing a monthly income!

How can there be revenue from the Canadian deal if Turdski, confessed, under oath, in 2017, that Treaty has no REVENUE???

Dec 2015

If Treaty Energy Corporation is unable to fulfill the terms either of the two (2) Farm-Out Agreements by October 31, 2015, then the Company would be required to pay ALBERTACO $250,000 (CDN) plus any funds advanced to the Company in order to purchase the PR LANDS interest and the right to participate in the two (2) Farm-Out Agreements. Should the Company acquire the PR LANDS interest but fail to fulfill its obligations under either of the two (2) Farm-Out Agreements, the right to participate in the two (2) Farm-Out Agreements would automatically expire on December 31, 2015, unless both parties agree in writing to an extension. Alternatively, the Company continues to retain the right to decline the purchase the PR LANDS interest and the right to participate in the two (2) Farm-Out Agreements at any time, in which event it would be required to repay ALBERTACO whatever funds it has advanced, including interest at an annual rate of 12.5%, by December 31, 2015.

Turdski's Depo
February 16, 2017

Case 2:15-cv-02451-CJB-JVM Document 182-11 Filed 03/14/17

Christopher David Tesarski
February 16, 2017
2 Q. Is Treaty currently running a business? Is it
3 operating?
4 A. Treaty is an operating company certainly from a
5 legal perspective. From an actual operating
6 perspective, it's not.

15 Q. But it doesn't have any revenues currently?
16 A. It does not.
1 But it has no producing revenue currently at all.

Cryin Lyin Lois Busted Again!!