Tabula ICAV (TG:TCRS)
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TreeCon Resources, Inc. Continues Talks With Creasy
LUFKIN, Texas, Aug. 13 /PRNewswire-FirstCall/ -- TreeCon Resources, Inc. today
announced that its still studying the proposal made by representatives of Wayne
Creasy regarding a possible investment in the Company or other transaction.
However, no agreement exists, and there is no assurance any transaction can
ever be completed. In the event the discussions do not result in an agreement
the Company intends to deregister its Common Stock under the Securities
Exchange Act of 1934. The deregistration will be effected by the filing of a
Form 15 with the Securities and Exchange Commission.
Upon filing of a Form 15, the Company's obligation to file with the SEC certain
reports and forms, including Forms 10-K, 10-Q and 8-K, will immediately be
suspended. The Company intends to continue making its financial information
available to shareholders. The Company anticipates that its common stock will
be quoted over-the-counter in the Pink Sheets following the Form 15 filing to
the extent market makers commit to make a market in its shares, although the
Company can provide no assurance that trading in the stock will continue.
Certain of the statements contained in this report (other than the financial
statements and other statements of historical fact) are forward- looking
statements. Words such as "expects" and "believes" and "anticipates" indicate
the presence of forward-looking statements. There can be no assurance that
future developments will be in accordance with management's expectations or
that the effect of future developments on us will be those anticipated by
management. Among the factors that could cause actual results to differ
materially from estimates reflected in such forward-looking statements are
competitive pressures on sales and pricing, including those from other
wholesale distributors and those retailers in competition with our customers;
and uncertainties associated with our national sales initiative. See the
Company's most recent Form 10-Q for additional such factors.
DATASOURCE: TreeCon Resources, Inc.
CONTACT: Deborah Huffman or Mike Boatman, both of TreeCon Resources,
Inc., +1-936-634-3365