Oh Well everyone! The jig is up! After looking at the newest filings, S-8 and 8-K, it looks like the end is near. TECO is now on my death watch for Ch.11 filing.
S-8 filing says that it is a benefit from the company to defend all present and past employees from legal actions. Looks like they are preparing for the worst to come. Next the cost of that benefit they stated at $0.008 max per share price. Hmmmm.
8-K says 250M extra share float. Maybe to cover the $900,000 worth of shares needed to default on the Kansas agreement? Double Hmmmm.
Too much risk now. Fold! I'm out! Hope those who picked up my modest investment do well, but I doubt it will come to anything. Good luck.
Oh, I also owe a public apology to Viki and Smithsd7. I appreciate the warnings. Didn't head them. Lost a lot, but gladly not my shirt.
