Treaty Energy Corp. (fka TECO)

[smithsd7]

SJSTOCKSHARK

you wrote:
"I am interested in the type of allegations made and by whom."

The best way to find that out would be to read the documents yourself.

then:
"IMO, and as I am certain you are aware, a complaint by a plaintiff is nothing more than an allegation seeking relief from the court. It is not a finding by the Court and is really nothing more than an unproven claim."

Sounds right.

then:
"However, it may have a bearing on an investor if Treaty was sued and had potential liability, which is why I asked the question."

Yes, more the reason to read the documents yourself.

then:
"However, not seeing any evidence that Treaty was sued,... "

(I thought I made it clear in post 14155 that the documents weren't filed against Treaty)


and:
"...I suspect they have no potential liability based on the lawsuit. Am I wrong?"

Now that part I'm not sure about. This paragraph in the document, which I posted, as far as I can interpret it, seems to indicate that the question of any liability concerning Treaty is still up in the air. You don't see that possibility in the wording?


4. Whether the allegations cited in the Complaint warrant a finding liability of Ronald L. Blackburn, Tri-Koon Holdings, LLC and/or Treaty Energy Corporation; and whether or not the law of the case warrants a judgment by way of the reconventional demand against the plaintiffs because of the fraudulent misrepresentation and based on the facts of non-disclosure of corporate status both financially and operationally of the entities, Highground and Treaty Petroleum, Inc.