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Technology Stocks : Thermo Tech Technologies (TTRIF)

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To: Gary S. who wrote (791)5/24/1997 10:36:00 PM
From: Nicholas P. Acquaviva Jr.   of 6467
 
Question on Reg S was answered in the March 24 announcement. It is 100% complete and I believe the total shares outstanding is approx 35 million.
The company announced that they do not anticipate conducting any further Reg S financing.

I think they now feel that the technology is proven and can get financing at a much better rate.

Nick
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