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: mike wood who wrote (158)	10/9/1997 6:00:00 PM
From: Edward W. Richmond	of 1208

Mike, as you are aware long term faith in a quality stock is usually rewarded handsomely although it can be very frustrating in the short term. Think! "Ballard Power", one of my favorite holdings, as an example. To All, I spoke to Grant at Equity-Link to determine the progress on the share/warrant offering. It appears that the earliest that the prospectus can be started is October 15 and the latest is November 15. It is my understanding that once the prospectus is started the terms are fixed and not subject to revision. The Q1 results included deferred revenue from Q4. Q2 will not have that kind of boost to revenue. Therefore, a Q2 1996 to Q2 1997 may give a better picture of the company's growth. Although Redux did market more than 550 units in September, the final count is not yet in. The positive sales figures and year to year revenue comparison combined with an expected muted Q1 to Q2 earnings comparison may keep the share price in a restricted trading range IMO. I have no idea how and if the NASDAQ/OTC listing will have any effect on the stock price. Any thoughts? Happy investing. Ed

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