What I find amazing is that we all spoke about the need for funding 6 months ago as TECO is working on many fronts, buying leases, equipment, and completing work in Belize.
Anyone that's been in TECO for some time new about all of this for months. It's was not in anyway a surprise like you find on the Nasdaq CM on a daily basis.
And the big plus is that we don't have any downward spiral dilutive notes that kill most companies. MR. Reid has done an amazing job in financing what we have going on here.
The list of companies that have been destroyed by poor financing is in the thousands over the past couple of years. What you will find on most pennies (almost all) is dilute and reverse split/ dilute and reverse split. I proud to say this hasn't happened here at TECO. The financing has be managed amazingly well Mr. Reid. Any thoughts to the contrary is just pure nonsense in my book.
BULL