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Re: MadeIt post# 3212

Sunday, 09/20/2009 11:24:29 AM

Sunday, September 20, 2009 11:24:29 AM

Post# of 116863
Some of the PR's however have been a bit misleading. Take for example the first one listed:

12/03/2008 ARGY and Treaty Petroleum, Inc Announce that Treaty will merge with one of Alternate Energy’s subsidiaries. After doing so Treaty Petroleum will receive 90% of ARGY’s common stock which in turn gives Treaty Petroleum controlling power of ARGY. The closing was scheduled for December 12, 2008

What's misleading? Well, what it doesn't say is that PBLS owned 100% of Treaty Petroleum, and they (PBLS), at some time along the line, and by some method, as bankruptcy was approaching, spun that interest off to TK Holdings (Tri Koon Holdings) Tri Koon Holdings then owned the majority, not Treaty Petroleum. And if you look at who TK Holdings is, follow some background info, you'll get a better handle on the story. (IMO)

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