Replies to post #7864 on Patriot Energy Corporation (PGYC)

[eagle01]

You are right. I wondered if this would get properly addressed.

[jpp09]

As a simple BS check it is a good idea to take a look at a users profile and Post history.

Checklist for spotting BS:
The user signed up last week
The user only posts messages to PGYC (or other board)
The user has never asked a single question
The user only provides "answers" or pumps in their messages

[jpp09]

First of all, I do not claim to be an expert (BTW, I could claim to be anything I want to, it's a message board on the internet).

I retyped the first part of the contract below. Just read it and decide for yourself.

My commentary:
1) License is for 2 technologies for rights in America.
2) Exchange shares for license
3) Conditions of the license agreement, note these are the conditions of lines 1) and 2).
(a) license agreement
(b) Tectane will honor the agreement; Nino is majority owner and has the rights to make the agreement.
(c) Both companies will obtain internal approval for the lease.
(d) "TTC shall register said License", said license was detailed in line 1. TTC will jointly file with PGYC for the necessary permits, approvals, etc... that pertain to this contract(in America). This is a new product in the US, I assume there are several things that need to happen to import a product from Canada and sell it in retail outlets (permits, approvals, etc...). Also note that it is worded as a single license "said License" not "said Licenses".



1) License Purchase: TTC proposes to sell a 99 year licensing agreement to PGYC. The agreement will pertain to (2) relevant technologies owned by TTC. The agreement will be for rights in America.

2. Consideration; The Existing shareholders of TTC shall receive 49 million newly issued restricted shares of PGYC.

3) Conditions to proposed license purchase: The license purchase is subject to and expressly conditioned upon the following:
(a) License Agreement Attached
(b) TTC shall consent to the license purchase agreement by PGYC, per Nino De Santis, Major Stock Holder and Sole Director, with Power of Attorney.
(c) The parties shall have obtained all Corporate Approvals necessary to consummate the licensing agreement.
(d) TTC shall register said License to PGYC and Jointly apply for all necessary permits, approvals, clearances and the Like.

[speculator777]

Lookingforhelp, glad I could help. Sorry I have not responded sooner. I appreciate everyones DD on this. Unfortunately because of Dan Ryan's past most people have been chasing thier tales trying to find clear evidence that this is a scam and in six weeks no one has convinced me. People have been so concerned about typos, their few employees, and lack of knowledge on exactly how to complete this deal that most people on these boards have gotten off point. From my personal knowledge, I think I have found enough evidence that proves this is legit, and perfectly explains the last two months of PGYC's actions and pr's. I feel my points on the licensing agreement show that the e-mails from Nino are false. People were right to question Dan Ryan, but he will not shaft them over its Tectane he shafted. All I have done is decided to get in on Dan's side of this money maker.