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Trillion Energy International Inc. TRLEF


Primary Symbol: C.TCF Alternate Symbol(s):  C.TCF.WT

Trillion Energy International Inc. is a Canada-based oil and gas producing company that strives to maximize shareholder value through a mix of offshore gas development and high-impact oil and gas exploration in Cudi-Gabar province SE Turkey. The Company is 49% owner of the South Akcakoca Sub-Basin (SASB) natural gas field, a natural gas development project with four offshore platforms, pipelines and gas plant located in shallow water black sea. The Company also has the Vranino 1-11 block, a prospective unconventional natural gas property in Bulgaria.


CSE:TCF - Post by User

Post by TheLandedEagleson Jun 05, 2024 2:08pm
199 Views
Post# 36073649

Way Too Long...On Closing This $1.8mm Placement..Struggling.

Way Too Long...On Closing This $1.8mm Placement..Struggling.CEO is Struggling, big time to get this fully closed , on this measly amount and to this date...only Partially done as per company quarterly statements filed on Sedar...NOT FULLY Completed..Question is WHY!!..I will tell you, that this company is a PENNY stock and has proven to be a failure with this SASB gas play...and with all the hype, promo's in the last 2 years, and with the 2-3 Analysis coverage and price targets/forecasts...Markets have REFUSED to accept to validity of these so-called in ground reserves...If they had believed in this CEO and his story, Markets should of propelled and given proper justified value to the reserves...BUT, the Markets had already known very well the history of this block and the lack of sustainable flow rates and revenues to come-in..So we now know " Why", Markets did not give the valuation as others did, with the likes of Echelon, Eight Capital, Research Capital ...has these were company's having a brokered beneficial monetary interest...So where is CEO currently on closing this placement...Its June 5th..and he stated last it would close May 31st..Interesting, but lacks true transparency and proper disclosure in a timely manner...MY OPINION!!!!
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