Understand this about TECO management. A lot of the information that they PR'd over the last year or so was information given to them by people in the field, some of which were even involved in acquisitions. Therefore, not all of the information had been through full due diligence and therefore some proved to be very inaccurate. Future releases of information, including whatever the company PR's regarding their current operations to coincide with their 10Q will be a lot more accurate and will include a lot more due diligence and possibly even some auditing. They recognize their misstatements, to quote a phrase from the Roger Clemmons trial in DC, and they understand the light it has put them in. However, some new folks are now in position to assist them, ie., one being the announcement of Warren as the new CFO, and these folks will provide some more insightfulness into the positions and PR's that Treaty gets into and subsequent alerts to the investors and the public. My guess is that Treaty's 10Q will be announced this week so everyone might expect to be brought up to date on what is happening for the company on all fronts. Get ready.
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