Replies to post #1514 on Treaty Energy Corp. (fka TECO)

[EDDIEHAZEL]

the way i see it, they paid $175,000 for what should be one half of their yearly revenue.

If 1/2 of their yearly revenue is worth $175,000, then in my opinion, the company should only be worth $350,000

The market cap on this company is 11 million or so.. I believe it is very overvalued at this point.