The Renewed Supreme Court Injunction filed against the sale and legal ownership of the Paradise/Treaty Energy Concession places this Asset in limbo land. Question is how much value does this particular asset ADD/SUBTRACT from Treaty Energy Asset portfolio? Worst Case, they lose it and write off one Million Dollars. Not good but its not going to bankrupt the company. Best Case, they renegotiate, pay some additional legal fees and solidify the acquisition with all parties. Treaty can then sell this asset for some drilling cash or retain it for future exploration. Treaty desperately and critically needs cash flow at this point whether it comes from TX, KS or Belize to sustain itself and transform itself to a stable company. Ideal scenario would be concurrent drilling from both TX and Belize therefore increasing it's odds of success and minimize potential backlash should one of these prospects fail. Regardless, timely drilling updates would be a courtesy extended to all shareholders. I'm assuming something broke again, perhaps shipment #3 is the lucky number? A big stride to drill for a tiny company to drill in a foreign country without a drilling/completing infrastructure. This can be both very costly or sacrifice the quality of the drilling and completion. TX drilling should be emphasized as a priority at this juncture of the company.
