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Trillion Energy
   CSE: TCF – OTC: TRLEF

Developing Natural Gas In The Black Sea
Exploring Crude Oil in Turkiye
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Bullboard - Investor Discussion Forum 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... see more

CSE:TCF - Post Discussion

Trillion Energy International Inc. > Particular New Lie in Video!!
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Post by Guytorule on Aug 21, 2024 4:53pm

Particular New Lie in Video!!

CEO stated he purchased $546K in shares recently this year..this relates to the $546K debit last January 2024 as per new release, that he had with the company and its conversion to shares at .20 cents, where he acquired the shares in exchange for that so-called debit ( paper invoice ) owed. That was a service to the company that he provided over and above his annual combined salary package to the tune of $1.2 Million as stated in their financials so filed. This transaction doesn't sound like he actually put out cash of $546K as he stated..it was a so-called large debt conversion. Did anyone spot that in the video. Another sad event for the CEO .
Comment by gamaray on Aug 21, 2024 5:03pm
good catch! I am going through their annual report and latest financials to check what else they are hiding. Interesting management style. 
Comment by Guytorule on Aug 21, 2024 5:18pm
Here's link below of year end 2023 MD&A...Page 14 outlines management compensation :  https://trillion-aws-bucket.s3.ca-central-1.amazonaws.com/reports/1714501561400-2023%20-%20Q4%20-%201.B%20-%20Year%20End%20Trillion%20MDA.pdf
Comment by gamaray on Aug 21, 2024 5:28pm
close family - lol
Comment by Guytorule on Aug 21, 2024 5:39pm
Here's copy of stockhouse (Insider) trades for that $546K January 2024 debit conversion..looks like a actual purchase acquisition of shares, but really a debt coversion instead. Investors looking at this would surmise that he acually used his own CASH...as he stated in the video interview . Very deceiving!!! One particular poster recently posted how CEO was a huge buyer and worth trusting his ...more  
Comment by gamaray on Aug 21, 2024 5:57pm
More recent MD&A end of March'24. Submitted 29th May. https://www.sedarplus.ca/csa-party/records/document.html?id=14cffa327b07cb3a310474a9f93cf8c13db4da68e9acc3617e55778afb590f6c In the updated table there are 3 new names: Burak Terzi - CCO Allen Thorsen - COO Scott Lower - President (he should be the one that Brian Park mentioned in his email) I dont remember any press release about ...more  
Comment by Guytorule on Aug 21, 2024 6:23pm
This company with its massive debt and current problems in production and much reduced revenues is a recipe for disaster in my opinion. Huge working capital deficit and lack thereof, is in urgent need for more capital and the question is..Can they get new financing at this point and attract any interest from the capital markets during these uncertain times with their production issues. Cash on ...more  
Comment by Guytorule on Aug 23, 2024 12:19pm
Another note in that video..he stated quote "I don't plan on taking my shares I hold in Trillion to my grave"..funny he states that publically under these circumstances with production issues. This should tell us that if things don't work out with these new tubing to resolve longer term production, I see him dumping all his holdings in my opinion, this is very telling of his ...more  
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CSE: TCF – OTC: TRLEF


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