Rentech(RTK) - gas-to-liquids and cleaner fuel Message Board

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Microcap & Penny Stocks : Rentech(RTK) - gas-to-liquids and cleaner fuel

RTK 0.200

+5.3%

Oct 13 5:00 PM EST

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To: Zeev Hed who wrote (1237)	2/19/1998 9:11:00 AM
From: Lord Smooth	Read Replies (1) of 14347

Please explain to me specifically what you mean by floorless and what the situation in RNTK. Seems to me there are 7 million plus options and warrants with strike prices averaging around $0.30. That is not what you are referring to. Recently RNTK issued 200,000 in preferred stock for $10 each, which to my understanding is convertible into one share of common at around 82% percent of the prevailing market price. Or are you saying that for every $10 of preferred stock the holder can convert as many shares as he needs to to get back to $10? The latter is not my understanding. Please specifically explain what you are talking about. Thanks. Also, please specifically explain what you mean by "claims" on patents and the significance of what you were talking about. I have little understanding of patent law. Thanks for your comments. S

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