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: farmerBill who wrote (1080)	9/24/1999 10:21:00 AM
From: mike wood	Read Replies (1) of 1208

I don't think sales are fading.The loss of working capitol has probably been the cause of the lower sales being posted.I hope the company comes out with a press release showing and explaining the drop in sales figures.Looking at the fin. statement it is hard to believe that they sold units at below cost.There was probably something else that happened.I know they sell to one of their suppliers so maybe there was some swapping for parts against finished product.If that is the case it would not be posted as sales revenue but it would affect cost of goods sold.imo

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