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Technology Stocks : Thermo Tech Technologies (TTRIF)
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To: space cadet who wrote (17)7/31/1996 7:49:00 PM
From: Nicholas P. Acquaviva Jr.   of 6467
 
Mark,
I called Lionell yesterday and asked him these questions and there is no bad news out there. In fact there is more good news. Go to quote.yahoo.com and check out the latest news release. They have completed the additional purchase of the Brampton plant (+50%) have sought out a lawyer for additional pattent protection and they have also mentioned enzime recovery again. They are constantly finding more in this technology field of waste recovery.
Lionel also mentioned another small news letter (I think it was J Taylor ??) recommending the stock for long term investment. Has anyone heare of this news letter??

I also called Ron Birch about TTRIF. He is an independent agent that first touted TTRIF to me over two years ago when I started to buy the company. He said that the Richmond plant will proffit by 6-7 Million $ per year and doubts that the company can go bankrupt. He said that in today's market below $1 is possible but quite doubtfull.

He said that he has heard two possible senarios for the current price. He said that Swortzs (misspelled) investment had sold off part of it's position perhaps because they were miffed at TTRIF seeking funds through HJ myres 5 mill $.
Another senario was that there is an effort to push the stock down. The mm are trying to shake out the long position in an attempt to quickly drive the price up again for a quick profit.

Check out the new news. If you can't get it I'll post it.
you can also find it on their home page stockgroup.com
Thanks,
Nick
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