Replies to post #79510 on Treaty Energy Corp. (fka TECO)

[mackfish]

I know of at least 3 instances in which individuals have spent their own money doing just what Bronco suggested. Ask and so shall ye receive. Teco will do much worse in Texas courts, as will the teco enablers

[tdbowieknife]

headed squarely forward

That sounds like a line from Mulshine...

LOL!


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[tdbowieknife]

The court cases I know about and I hear there are others in the works...

US. Fuels and Treaty Energy lawsuit filing with Merkaz suing for fraud and damages from intentional and malicious conduct by Treaty Energy...




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List of judgments and liens against Treaty Energy.


Stockton lease now 7 liens deep and for close to $650,000.00...

2 more liens against the Stockton lease for a running total of 7...Geeezz!!!

https://docs.google.com/file/d/0B8fPIL-cKPM-VXh1UTRnYzAtOGs/edit

https://docs.google.com/file/d/0B8fPIL-cKPM-V2xGRVY2em5mYWs/edit

Included are two invoices for Port a Johns for like $1400.00 bucks...


Treaty doesn't pay anybody for anything!!!



Heartland law suit for over $400,000.00

https://docs.google.com/file/d/0B8fPIL-cKPM-eDdHM21GdmNKVjg/edit


Universal Well Services $62,482.96...

https://docs.google.com/file/d/0B8fPIL-cKPM-QjBOQllVNVJENDQ/edit


Beasley Drilling Fluids for $26,514.83

https://docs.google.com/file/d/0B8fPIL-cKPM-d2ZXM2taSk1JYzQ/edit



And David Jakobot, Treaty's Operator for the Stockton claims he also has a lien on the Stockton and that he is owed $100,000 bucks. No wonder he wants nothing more to do with Treaty Energy...



Filed by Universal well services.

The Mitchell for $5,496.39...

https://docs.google.com/file/d/0B8fPIL-cKPM-Y3Z6Qjg5aEZsM28/edit


Several of these contracts are sighed by Platon Petratos.

Since when are common investors allowed to sign contracts???



Heartland lien for $383,742.54 That would explain why their is no drilling or completion of the Stockton 3 going on. Treaty has been misleading investors AGAIN...

Also $52,500.00 of it is standby time.

Was it Treaty that said this was not a issue???

https://docs.google.com/file/d/0B8fPIL-cKPM-RGRvZFRkXzVaYVU/edit



New Treaty Judgment...

Treaty needs to pay $141,764.25 To All Energy...

https://docs.google.com/file/d/0B8fPIL-cKPM-SXl3cmlFYW11aFU/edit

Archer drilling lien, The folks that drilled the Madeley $26,785.25
https://docs.google.com/file/d/0B8fPIL-cKPM-a2Z0RDl2STcwUU0/edit?pli=1

Driller in Belize $65,000.00
https://docs.google.com/file/d/0B8fPIL-cKPM-eng2M0MzajJ1ME0/edit?pli=1

Jims rental lien, $111,810.17
https://docs.google.com/file/d/0B8fPIL-cKPM-ODdhd2dtaTVDYm8/edit?pli=1

J&L Trucking lien &3,388.00
https://docs.google.com/file/d/0B8fPIL-cKPM-SzFETUxUMndEYlE/edit?pli=1

Another J&L Trucking lien $2,653.00
https://docs.google.com/file/d/0B8fPIL-cKPM-TTdHUDhTZHhXTE0/edit?pli=1

Mud company lien $6,726.88
https://docs.google.com/file/d/0B8fPIL-cKPM-LXhxWUE1ZHlOMDQ/edit?pli=1

Recovery equipment for work on the Brown lease $18,444.83
https://docs.google.com/file/d/0B8fPIL-cKPM-N0pGaC1BTGhHUkk/edit?pli=1

Recovery Energy Judgment
https://docs.google.com/file/d/0B8fPIL-cKPM-WmxNNGhtc2l1eU0/edit?pli=1

Shack Energy Services $2,451.55
https://docs.google.com/file/d/0B8fPIL-cKPM-UmFBRDNLeXk1VEE/edit?pli=1

Shack Energy Services $2,451.55
https://docs.google.com/file/d/0B8fPIL-cKPM-UmFBRDNLeXk1VEE/edit?pli=1

New Archer Drilling Oct 4th filling
https://docs.google.com/file/d/0B8fPIL-cKPM-aktuVkFCWG5KR00/edit?usp=sharing&pli=1

Archer Drilling Exhibit A Oct 4th filling
https://docs.google.com/file/d/0B8fPIL-cKPM-RFViQmYxME1rTjA/edit?usp=sharing&pli=1

Oct 2nd Circle K judgment $27,397.40
https://docs.google.com/file/d/0B8fPIL-cKPM-NjhGZTY3NUhZcm8/edit?usp=sharing&pli=1



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[investtoski]

The veiled threat of Treaty producing any meaningful oil is comical as well. As lond as we are dreaming we may as well say Treaty will be producing 1000 bopd in 6 months. I actually believe Treaty has a better chance of being effectively shut down by the SEC than the 1000 bopd scenario. Remember how Treaty didn't go down to Belize to fail? Well they did fail. Remember how they weren't going to leave without the oil? Well they did leave. Not just Belize but most have left the company. How much is it costing Treaty to stay in business and where is the money coming from? How much money is it costing shareholders?

[SCHNAUSER]

The petitioners won their case against Treaty on paying damages to Treaty. The judge laughed at Sean Douglas's made up evidence and tossed Treaty out of court. Treaty'slawyer looked like a dunce against Hallin's attorney. The same thing will happen with the SEC..You could not see it coming before and you still can't but the Fed Train has been and is still gathering steam. The only reason they have not filed imo is they have been waiting to see how Treaty falsifys the 10Q's and K's that are due. Since Treaty continues to ignore the fact these filings are overdue I expect the SEC to act soon. It should even be more fun than this latest episode.

[arstegall]

I would say that is a NO SPIN comment. Nothing but the facts and not slanted. TECO is headed in the right direction

[tdbowieknife]

Lord... These guys will say anything... And again this was a childhood friend of Gwyns... What a snake...

In the lawsuit, New Orleans resident George Demmas claims that Gwyn -- a childhood friend -- convinced him in May 2012 to invest $65,000 in a "fictional undivided interest in an oil well" on promises that he would earn $700,000 over 10 years in return.

That sale agreement was made through Rampant Leon Financial Corp. and signed by Reid, according to the lawsuit.

At Gwyn's urging, Demmas also decided to buy more than 810,000 shares in Treaty Energy for a total of $15,000 with an agreement that Demmas had to hold onto the shares for one year before selling them on the market, according to the lawsuit.

The lawsuit claims Gwyn "knowingly misrepresented material facts to and omitted material facts from" Demmas in both investments.

"In addition, Gwyn made continuing misrepresentations about the investments to induce plaintiff to hold the investments for a longer period of time than he otherwise would have and to delay plaintiff's actions in recovering or mitigating his losses," the lawsuit says.

Rather than the promised $3,000 or $4,000 per month, the lawsuit says, Demmas has received only a total of $700 on the oil well investment.

At one point, when Demmas complained about a lack of payments, Gwyn told him "that a supposed unnamed Russian investor had invested about $20 million in the investment and that Rampant needed to pay him back first before any of the other investors," the lawsuit says.

Meanwhile, Demmas' shares in Treaty Energy did not increase as Gwyn had promised, the lawsuit says, and Demmas couldn't find a brokerage firm willing to sell the shares after the one-year holding period.

Treaty Energy was trading Thursday at .0036 cents per share with a 52-week high of 4 cents per share.

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