Treaty Energy Corp. (fka TECO)

[jimmyv]

What is a Froat? The Froats can best be described by people on this board who invested in ARGY and lost mega $$ because of the Froats. Not being in that position, I can't comment with accuracy, but there are a number of folks on this board who can tell you who the Froats are. They received a large number of shares in TECO as part of ARGY's merger with Treaty Petroleum to form Treaty Energy and Bloomberg shows Sean Froats with 3.5+ million shares and AECI Inc 9.3+ million shares. Sean has almost as many shares as the new CEO R. Newton who has according to Bloomberg, 4.2 million.