Replies to post #110962 on Treaty Energy Corp. (fka TECO)

[dloggold]

Ya I agree sadly the SEC took a company actually drilling wells and shut it down .
The Mitchell wells were shut down by the late Max Marcie who went to the driller with Fake BK papers and got that shut down.
So it was not ONLY the SEC but they wield a lot of power and have unlimited budgets , and have probably spent At LEAST twice the amount they accused the defendants of absconding with .
While I could care less what happens to the present defendants, I do care that the SEC has hamstrung treaty.
Basically the SEC told subsequent treaty management " were really not after treaty so if you agree to all the charges we will let you go " so now we have to wait until the sec case against the fab 8 is over with which could be years as this will surely end up at the Supreme Court.
It's a landmark case coming, largely because a rookie sec person overreached .
You'll see eventually that I'm correct.