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Tuscany International Drilling Inc T.TID



TSX:TID - Post by User

Post by onthecaseon Feb 18, 2014 1:13pm
300 Views
Post# 22220732

Today's Update

Today's Update
Legal process is in the works. It’s a bit hurry-up-and-wait, as our army has made excellent progress, but now it’s the court’s turn to render information, and the court chugs along on a set schedule. Still, it feels good to be ahead of the game, waiting with guns loaded for the next move.

Fundraising is wrapping up, and we’re in the home stretch. Now is the time for all who either haven’t contributed or have contributed a portion of what they’d like to stand up and finish this thing. Let’s keep in mind that $15K pays the retainer, but I’d be a poor businessperson if I didn’t expect the unexpected. If documents need to be couriered to the court all of a sudden or a key expert needs to be flown somewhere, it increases our ability to act if small funds have been kept for the purpose. $15K is great. $17K makes us that much more effective. I don’t foresee needing that small overage, but any of you who have run a business know what I’m talking about. And, again, when this thing wraps up, leftover funds will be refunded on a pro-rata basis, calculated on who contributed what. So let’s slam-dunk our target today!

Once we reach our target and record where all of the funds came from, the secure platform will be opened up and invitations sent to all contributors. After that point, most news releases and gathering of the group’s opinion will occur only within that secure space.

As for the media: We are currently engaged in a technical battle to be decided by a small number of professionals: judges, trustees, etc. Media pressure will not influence their opinion, though the court tends to take a dim view of parties whom they feel are trying to pressure them in this manner. The media is useful in other operations, so we’d like to encourage the following policy: keep track of the connections available to us, maintain relationships, but we’ll try not to start rocking our little battleship as we’re firing the opening salvo. And let’s not forget the value of a force kept in reserve as opposed to one already used when it comes to seeking terms with the other side. As Louis L’Amour put it, a gun in the holster is far more powerful than a gun already drawn.

Next major development will come in a few days, when we migrate to the secure platform. More news will be posted within that site. Our goal between now and then is to blow away this $15K target. Many thanks to all who have already taken up arms in our shared struggle.
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