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Microcap & Penny Stocks : TREY: undiscovered stock -- Ignore unavailable to you. Want to Upgrade?


To: a. paisley who wrote (195)9/24/1998 11:27:00 AM
From: Wayne J.  Read Replies (1) | Respond to of 270
 
Hello! A. Paisley,

Yes you are correct in that the trading price range of TREY is now a dime! My going in price was .165 cents--so as you can see either my timing is way off the mark?--or my perception of the details that I read from recent TREY Press releases is different then how it has been interpretted by the rest of the investors following TREY!

Since to my knowledge I have not heard or read anything different then to what has been announced in recent press releases from TREY Mamangement---I am still waiting patiently to hear of more details/updates from the company specifically in regards to what I feel are two key areas that have been previously presented publically by the company!

Namely! TREY in previous announcements has advised that they have secured a minimum $9 Million U.S. COntract for a minimum Three year period .

Secondly Treasury International recently also announced that an agreement has been signed to sell it's common shares of Mega Blow for $5.1 Million U.S.--and as I recall the deal ( if completed) would be completed on or before September 30, 1998? ( I also recall reading that it would also require Shareholder and Regulatory approval--so I would imagine that the TNRG Shareholders would/should be expecting to see some details --if , as and when such a business transaction takes place?) JMO!

In my opinion the regular reporting of news releases from TNRG Management and the fact that they are a fully Reporting Company ( someone can correct me if this is not the case!) provides me with somewhat of a comfort level that the company is interested in keeping the shareholders informed as to any/all developments of the company!

The recent announcements of significant debt reduction and significant financial improvement in many areas of it's business ( JMO!) leads me to speculate that even at a dime it has still got my interest!

Putting my speculative hat on I would say the next month or so should give TREY Shareholders a bettor idea if the business opportunities announced in recent TREY Press Releases are coming to fruition. JMO!

I did mention that on a recent trip to Toronto ( in August) I had a plant tour and met with several Managers and Directors of the company!

Without trying to appear like a business expert--my personal observation was that I saw a very active plant operation, equipment seemed to be running near capacity, the warehouse environment was active with significant company personnel performing their respective job functions/duties! At least that's how I saw it in my own opinion!

Since I have mentioned that I am a Shareholder in TREY , it would stand to reason that I am speculating that TREY has a very profitable future! Of course time will tell--and I think the next key step is for TREY Management to keep TREY Shareholders advised of the developments of recently announced press releases ( i.e. $5.1 Million U.S. Sale!)--thus I feel such updates will maintain a solid level of credibility for both it's Management, Shareholders and the Investment Community in General! JMO!

Best Of Luck To All!

Wayne J.