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geoscience2

11/20/11 2:38 PM

#6475 RE: Howardb41 #6473

Howard, that old PR perfectly shows how TIV/old CEO consistently used embellished and misleading numbers/comments/words in PR's to lure in unsuspecting layman investors, who subsequently got fleeced because TIV never delivered as touted. A perfect example is..."...3.3 trillion cubic feet in place....the great bonanzas of the American oil and gas business....we are confident the Sunrise Natural Gas Project has that potential," said F. Lynn Blystone, president and chief executive officer. And the reality is, it was another dry hole and TIV let the leases drop, just like every other one they touted as a "huge discovery" (Holly Sugar comes to mind, Moffat Ranch, etc etc etc ).

I think he should be in jail for what he did! I sure hope the new CEO, who was "groomed" by the old CEO, isn't following that same pattern with some of his hypings, especially, "we got the dog and ITH has the tial:"...

Geo