Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Strategies & Market Trends : Can you beat 50% per month? -- Ignore unavailable to you. Want to Upgrade?

To: Smiling Bob who wrote (9456)	3/2/2006 7:43:29 AM
From: Smiling Bob	Respond to of 19256

TCRS - may be reason for move Creasy Group Increases Investment Offer for TreeCon Resources Inc. Last Update: 4:25 PM ET Nov 22, 2005 DALLAS, Nov 22, 2005 (BUSINESS WIRE) -- A group of investors headed by insurance executive Wayne Creasy has raised its offer to TreeCon Resources Inc. (Pink Sheets:TCRS) to US$25,000,000 in capital investment, which is $5,000,000 more than the previous letter agreement. TreeCon Resources, formerly known as Overhill Corporation, is a holding company that, through its subsidiaries, distributes, leases and provides financing for industrial farming and logging equipment and is also engaged in sawmill operations. "Our new offer is based on the significant increase in revenues and net earnings by TreeCon Resources during the first nine months of their FY2005," said Mr. Creasy. "Our agreement with TreeCon also indicates that further increases in the offer may be necessary if the closing of the initial investment does not take place prior to the release of the company's year-end earnings, which is expected to be announced by December 23, 2005."