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Trillion Energy International Inc. C.TCF

Alternate Symbol(s):  C.TCF.WT | TRLEF

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 Guytoruleon Nov 09, 2024 1:16pm
156 Views
Post# 36304727

Facts with Penny Stocks!!

Facts with Penny Stocks!! This company and its CEO has a reputation with its poor 5 year history since they acquired this block speaks for itself. CEO and its management are employees as well as shareholders. They are desparately trying to keep this play alive as long as possible to ensure that they continue to have a job. Wages as per their financial filing shows very generous salaries and bonues along with huge stock/rights options. CEO has stated in interviews he holds very large shareholdings in company, but these holdings were given to him throught options and rights. Just look to one of the recent filing where CEO on Oct 30th just received 645k shares thru the subordinated share unit rights he received thru the years with Vesting Terms for which upon maturity would be exchanged for common shares with NO Monitary Costs to the recipient . In other words "FREE", Thats how most subordinated rights work when given to employees/management.  So keeping this company alive , and generating slim to moderate revenues at best, will continue to support their wages and hopefully even cover their G&A and results in no significant profits to reduce debt. No hope of ever paying a DIVIDEND or giving shareholder value in price appreciation.  They are no different than most other PENNY STOCK executives. They drain company resourses to their financial benefit and at the end of day, have no real or sustainable future plan to give real shareholder value as they always promise to do with their hyped up rhetoric and PROMO's. Facts are, they need to preserve and protect their personal well being and will only continue and try to sway investors to their forecasted business model and hyped-up promises for success. They have since their inception managed to raise over $60mm in financing and to date have massively diluted investors of all kind and proven to have failed , but trying hard to stay relatively solvent to ensure survival. Facts are Facts, these many penny stocks in general are manipulated and promote multi-bagger potential returns and solicit vulnerable retail investors. Now, all shareholders are left holding the bag, depressed share price at all time lows, massive debt, huge diluted shares outstanding , low pricing from Botas on their gas and no CASH, with little hope of attracting future funding based on their current financial position, while management continues to promote the financial benefits of their property and growth potential for their year end 2025. Time will tell, hope it does turn for them, but their BOTAS pricing must improve and increase , not decline month after month. This will be the key to their success as well, not only the success with the velocity strings. Gas prices will determine the on-going profitability and share holder value going forward in my opinion. Good luck to all..information only..
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