Treaty Energy Corp. (fka TECO)

[smithsd7]

Important DD for all investors

From the merger Agreement:
http://www.sec.gov/Archives/edgar/data/1075773/000135448808002139/ex101.htm

EFFECT ON CAPITAL STOCK; SURRENDER OF CERTIFICATES AND PAYMENT
ARTICLE II
"with 397,440,000 of such shares to be issued to TK Holdings; and 16,560,000 of such shares to be issued to Osprey Partners’s designee, Michael A. Mulshine, constituting 90% of the issued and outstanding common stock of ARGY."

The A/S is 500,000,000
O/S was....460,061,553
.........................................Shares
TK Holdings.......................397,440,000....86.39 % of O/S
Osprey Partners..................16,560,000.....3.6 % of O/S
(designee, Michael A. Mulshine)

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From the 10-k filed 5/15/2009:
http://www.sec.gov/Archives/edgar/data/1075773/000135448809000366/treaty10k.htm
TK Holdings, LLC (a.k.a. Tri Koon Holdings)
310 North Willis, Suite 212,
Abilene, Texas 79603

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I believe that the fictatious name "TK Holdings, LLC"
http://sunbiz.org/scripts/ficidet.exe?action=DETREG&docnum=G09013900355&rdocnum=G02007900411
used in the 10k, instead of the real name "Tri Koon Holdings, LLC", was in order to hide the fact that the Alonzo's and Blackburn were the principles involved with TECO.(an example of smoke and mirrors, not transparency)

If you look up TK Holdings, LLC on the Texas SOSDirect site
http://www.sos.state.tx.us/corp/sosda/index.shtml
the Alonzo's and Blackburn don't show up, because its the wrong company.
It's only when you look up Tri Koon Holdings, LLC or TK Holdings(Fictitious Name Search) on the Florida site, that the curtain is lifted.

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Useing "Tri Koon Holdings" in the Florida business entity search.
http://www.sunbiz.org/search.html

Electronic Articles of Organization
Dated October 03, 2008
The officers of Tri Koon Holdings were:
Paul Alonzo
Ronald Blackburn
Carolyn Alonzo

Why would they want to hide the involvement of the Alonzo's and Blackburn?
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UNITED STATES BANKRUPTCY COURT
EASTERN DISTRICT OF LOUISIANA

IN RE: PHOENIX ASSOCIATES LAND SYNDICATE, INC.
CASE NO. 09-11743
CHAPTER 7
DEBTOR

WILBUR J. “BILL” BABIN, JR., IN HIS
CAPACITY AS TRUSTEE OF THE
BANKRUPTCY ESTATE OF PHOENIX
ASSOCIATES LAND SYNDICATE,
PLAINTIFF

"Between June 10, 2005 and June 10, 2009 (the four year reach-back period under Nevada law), Phoenix distributed in excess of $6,000,000.00 to its three principals, Paul Alonzo, Carolyn Alonzo, and Ronald Blackburn. At the same time that it was distributing these millions of dollars to its principals, Phoenix submerged sharply into deeper levels of debt. Schedule F of the Debtor’s bankruptcy schedules tallies a total indebtedness at $20,135,813.313 (Bankruptcy Case Doc. 39). The Trustee has determined that the distributions to the Alonzos and Blackburn were paid at the expense of its and its companies’ unpaid creditors, and constituted fraudulent conveyances and unlawful dividends under Nevada and federal bankruptcy law.

Since 2003, creditors have been pursuing Phoenix. According to the Statement of Financial Affairs, at least forty creditors have filed suits in various courthouses across the country and are seeking collection of their claims."
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Background links for Ronald L Blackburn:

Toledo Blade Article May 19, 1990
http://news.google.com/newspapers?nid=1350&dat=19900519&id=6g4VAAAAIBAJ&sjid=EgMEAAAAIBAJ&pg=6853,5403156

Toledo Blade Article September 10, 1999
http://news.google.com/newspapers?id=5IYUAAAAIBAJ&sjid=9QMEAAAAIBAJ&pg=6727,3477522&dq=former-sylvania-man-sentenced-to-37-months-in-income-tax&hl=en

Federal Bureau of Prisons
http://www.bop.gov/iloc2/InmateFinderServlet?Transaction=NameSearch&needingMoreList=false&FirstName=Ronald&Middle=L&LastName=Blackburn&Race=U&Sex=M&Age=63&x=81&y=10