Replies to post #15441 on Treaty Energy Corp. (fka TECO)

[smithsd7]

At 6 - 8 BBLS per day production and paying $25k/month as part of the purchase price, alone? I doubt that this is going to last any more than the other deals that were announced as done deals.

For example:

Morgan County, Tennessee
The Press Release dated: Dec 21, 2009 announced that the acquisition was successfully closed on.
http://investor.wedbush.com/wedbush/?GUID=11214454&Page=MediaViewer&Ticker=TECO

Then in the 10k for 2009
"As of the date of this report, we have been unsuccessful at obtaining financing to pay the promissory note and the seller has not transferred title to these assets."
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The COLEMAN CROUCH lease in Pickett County Tennessee.
http://finance.yahoo.com/news/Treaty-Energy-Adds-Another-iw-1359885099.html?x=0&.v=1

That didn't happen either.
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No word on the Kansas deal either even though there have been 3 pr's and a 10k issued since the date that the company implied was the closing date, with no mention of Kansas. It looks like this one didn't happen either. I quess we'll have to wait for the next 10Q to find out officially. 60,000,000 shares forfeited. jeez
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You really should read the post titled:
A summary of the Acquisition PR’s and 8-k’s

No, I see no positive cash flow.