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Re: pennystockpro1 post# 26856

Tuesday, 02/07/2012 6:12:17 PM

Tuesday, February 07, 2012 6:12:17 PM

Post# of 116863
Truth is there is a lot we don't know.

And won't ever know if you rely on this company solely for truthful information.

Yesterday you reported TECO was producing 10 BOPD. Today you are reporting 20 BOPD. That is a 100% increase. At that growth rate, TECO would be at 1000 BOPD by next week, far ahead of the 6/30/12 target date.

The truth is we don't know what the current production rate is. We don't even know what the January production rate was. Nor do we know the December production rate. There are certainly hints of increased production on certain leases though if you dig into the numbers. At this point, I'm much more interested in monitoring the production increases than measuring how close we are to the 6/30/12 goal.



Let's be real. This company is not up for "transparency of the year" Oscars. It certainly isn't up for any public relations awards either. If you are looking for that, you are in the wrong universe.

This a company that has made impressive inroads with Belize despite it's laundry list of faults. This has value. In fact, this is the only value as far as I'm concerned. That value is now in serious jeopardy. Do your own due diligence. Don't believe this board, the press releases and don't believe me. Trust is earned and not granted. Just how it is...currently..

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