Information about David Hallin is available in Treaty’s 10Ks
Treaty end 2008 10K Shows:
David Hallin has been our Vice President, Secretary and director since our inception. Prior to that, he was the Chief Manager of Phoenix Oil & Gas LLC and Tenn-Tex Group LLC, both Tennessee LLC’s. Hallin was a Naval Aviator serving in the U.S. Marine Corps. on active duty and reserve status for twenty seven years. His experience includes service in Vietnam as a forward air controller and commanding officer of an attack squadron. He retired with the rank of Colonel. His business experience also includes a thirty two year career as a commercial pilot with FedEx where he served in flight management for ten years. He was instrumental in acquiring the SAGO oil, gas and mineral leases that now make up the foundation of the SAGO enhancement and redevelopment project in Treaty’s “Far West Texas Production Section”, and is a founder of Phoenix Oil and Gas, LLC. and Treaty Petroleum, Inc. He earned his Bachelor’s Degree in Business Administration from what is now the Walton College of Business, University of Arkansas.
2008 Compensation: Base Salary $0, Option Awards $0.
David Hallin, owns warrants to purchase 100,000 shares which expire June 12, 2010.
Treaty end 2009 10K Shows
During September, 2009 we received notice that David Hallin, the previous Corporate Secretary of the Company acting as Corporate Secretary for Treaty Petroleum, Inc. (the Texas corporation from which the two Crockett County, Texas leases were assigned to Treaty Energy Corporation) executed a “Release of Lease”, surrendering all rights to the two Crockett County leases. We also received notice that Mr. Hallin, along with Ronda Hyatt, the previous Company President, acting as President of High Ground, Inc., the operator of record of the leases, executed a “Release and Indemnification Agreement” with a representative of the lessors of the leases whereby Treaty Petroleum, Inc. (the Texas Corporation) was indemnified of all liabilities to the lessors.
During 2008, we made principal and interest payments to our then Corporate Secretary of $993 and $1,007, respectively and accrued additional interest of $1,139. During 2009, we made no principal and interest payments and accrued an additional interest of $1,161. At December 31, 2009, principal and interest due on this note was $48,747.
On January 29, 2010, a lawsuit was filed in the 22nd Judicial District Court, Parish of St. Tammany, Louisiana naming Treaty Energy Corporation, among others, as a defendant. The notes references in the previous [two] paragraph[s] are part of the basis of the lawsuit. With respect to these notes and the lawsuit, Treaty Energy recognizes the liability owed to Mr. Hallin.
2009 Compensation: Base Salary $0, Option Awards $0.
During the year ended December 31, 2008, Ronda Hyatt, Gary Dunham and David Hallin served as our directors.
On July 8, 2009, shareholders representing seventy four percent (74%) of the voting power of Treaty Energy Corporation (the “Company”) took certain corporate action by written consent of shareholders pursuant to Nevada corporate law. The shareholders voted to elect Randall Newton a director and as Chairman of the Board of Directors of the Company, and simultaneously voted to remove Ronda Hyatt, David Hallin, and Gary Dunham as directors of the Company. After these actions, Randall Newton remained as the only director of the Company.
On September 19, 2009, the three former officers, Ronda Hyatt, David Hallin and Gary Dunham submitted their resignations.
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