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Post# of 116863
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EDDIEHAZEL

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EDDIEHAZEL

Re: None

Saturday, 08/29/2009 9:00:24 AM

Saturday, August 29, 2009 9:00:24 AM

Post# of 116863
NO Dilution?
Hardly.

The company did an 8-1 reverse split and then issued 414 million shares to TK holdings. TK holdings did not bring any oil properties to Treaty shareholders, they did not bring any revenue to the company, and TK holdings is not a director or officer of the company.

I call that dilution.

Does TK holdings run Treaty Energy?

If not, what do they bring to TECO that makes their 414 million shares non dilutive?
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