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Technology Stocks : Thermo Tech Technologies (TTRIF)

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To: space cadet who wrote (21)8/5/1996 12:02:00 AM
From: Lionel Gosselin   of 6467
 
Hello Mark
I'd like to point out to you how the release reads, TTRIF converted
it's convertible debenture of Global at $1.00, If you go back to
when Global bought their 50% interest in Brampton Bio-Conversion
part of the purchase price from them was a convertible debenture
of Global stock. They gave us 350,000 shares which has now been set
at $1.00 per share. This price is a reflection of Global's share price
not TTRIF's. On friday August 2nd Global closed at $1.05.
Sorry if you were confused about which stock was being valuated.

Lionel
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