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

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To: Tupulak who wrote (1047)9/18/1999 10:32:00 AM
From: M. Merriam   of 1208
 
No wonder suppliers have been squeezing the company: judging by working capital, it looks like TCT hasn't exactly been prompt in making payments.

I suppose the worst means another decrease in revenue, more write-offs, negative cash flow...

On the positive side, we're coming to the end of Q3, and they're still in production.

Mike
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