Treaty Energy Corp. (fka TECO)

[caprock]

False accusations. Beware new investors. Current Treaty employees posting inaccurate information.

Do they produce any oil? NO.

Have they closed the Nov 15 deal, per their PR? NO

Has management bought TECO shares? NO.

You decide if this is a great, transparent stock?!?

Oh, by the way. This is from their most recent 10-Q.

NOTE 4 – GOING CONCERN

The accompanying financial statements have been prepared assuming that Treaty will continue as a going concern. As shown in these financial statements, we have had continuing negative cash flows from operations and working capital deficits and have no productive assets as of September 30, 2009. These conditions raise substantial doubt as to our ability to continue as a going concern. The financial statements do not include any adjustments that might be necessary if we are unable to continue as a going concern. Management intends to finance these deficits by making additional shareholder notes and seeking additional outside financing through either debt or sales of its common stock.


TECO does make a great tax write off !!