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Technology Stocks : Thermo Tech Technologies (TTRIF)

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To: john b who wrote (6205)10/9/2000 4:23:48 PM
From: CAYMAN  Read Replies (1) of 6467
 
Interim Financial Statements - English Oct 6 2000

FORM 6-K

THERMO TECH ™ TECHNOLOGIES INC.
YUKON, CANADA
(Jurisdiction of Incorporation)
204 – 195 County Court Blvd., Brampton, Ontario, Canada L8E 5V9

Phone: (905) 451-5522

The key developments during the Quarter and the previous 6 months include the following:

ragingbull.altavista.com

· Master service agreements have been established to ensure rapid, on budget roll-out of turnkey plants; their on specification operations and maintenance; and secure waste supplies.

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By this time, the Company was so deeply in debt that equity financing, and the related dilution, was the only reasonable solution available to turn the Company around and reach a sound financial position from which it could build a future.

Financial Summary and Overview of the Disposition of Funds Raised through Equity. The following financial analysis is presented for general information only.

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Richmond Bio Conversion Inc. Engineering and reconstruction work has begun in regard to the repairs required. The pre-load for the site is ready to be removed and all other construction activities are on schedule. When funding is secured the full construction rebuild will begin and the Richmond plant Mark III operating systems will be operational.

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