Replies to post #3206 on Treaty Energy Corp. (fka TECO)

[MadeIt]

What viki fails to mention is that they are currently seeking financing and have pledged wells for financing. The whole point of a company going public is to help with financing. Otherwise, why share profits with others if you keep your company private. I would highly suggest to do your own dd and contact the company directly instead of taking what you hear on the message boards as absolute truth.

[jimmyv]

Volume, there are a number of documented sites on this board where you can get some good information. A number of folks on both sides. If you're into doing your own DD, check the Texas Railroad Commission, take a good look at their status in their 10K and check out the majority shareholder, who owns over 58% of the stock. Majority shareholder is Tri Koon Holdings LLC in FL (although they list themselves as TK Holdings on the 10K, the new CEO has admitted it is Tri Koon). Tri Koon is owned by Ronald Blackburn. A thorough background check on the folks in Tri Koon who are pulling the strings on TECO should tell you a great deal, IMO. Good luck in your DD.

[rprocks]

Treaty is in the process of acquiring oil wells in proven fields in Texas, Pennsylvania, Louisiana, West Virginia, Arkansas, and Tennessee