Treaty Energy Corp. (fka TECO)

[tdbowieknife]

Not what the SEC say's about it. They say they must have a bona fide intention to sell the securities referred to in the Form within a reasonable time after the filing of the Form.




Form 144
This Form must be filed with the SEC by an affiliate of the issuer as a notice of the proposed sale of securities in reliance on Rule 144, when the amount to be sold under Rule 144 by the affiliate during any three-month period exceeds 5,000 shares or units or has an aggregate sales price in excess of $50,000. A person filing a Form 144 must have a bona fide intention to sell the securities referred to in the Form within a reasonable time after the filing of the Form.


http://www.sec.gov/answers/form144.htm