Thermal Control Technologies Corp TCT (was Redux Energy) Message Board

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Gold/Mining/Energy : Thermal Control Technologies Corp TCT (was Redux Energy)

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To: Nathan Hansen who wrote (960)	9/7/1999 5:40:00 PM
From: M. Merriam	Read Replies (1) of 1208

Well, my speculation was probably a little overblown, however, not completely off the mark. I was just talking with US staff, and they expressed the belief that employees are NOT at the Canadian office (so it looks like I was half right). Also, they repeated the inventory explanation but conceded that their information was more along the lines of rumour than anything from an official source. These staff members impressed me as forthright, concerned, and in the shareholders' corner. The big problems right now appears to be the lack of effective communication and lack of confidence. The importance of these issues should not be underestimated. If the present lack of confidence in the company (voiced at investor forums like this) were to filter down to customers (as it eventually will if unaddressed), the impact on orders would be significant. Restoring confidence must be the first priority and a change at the board of directors would be a good first step. I have no idea whether that will happen or not, but if it doesn't, the company's days may be numbered. Mike M

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