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Microcap & Penny Stocks : Titan Energy Corp.(TANC)
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To: Larry Sallee who wrote (33)3/16/1998 11:42:00 AM
From: baron-marney  Read Replies (1) of 48
 
To Larry

Apologize for not replying sooner most of our office was out sick with the flu last week. Titan has been closed mouthed, but rumor has it that the East Texas properties purchased for approximately $500,000 by Titan over the last six months is marketable today for approximately 1 million. The Australian property is definitely a major international asset. The news on potential future development should be forth coming with in two weeks. The company's audit and update we believe to be completed as we speak. Titan's new 15 C is in a completed from for inclusion in it's 10 SB filing. Titan should be a reporting company within 30 days depending on SCC back log. Stock is appears to be acquiring a lot of attention and with developments in Australian even at current low oil prices Titan looks like a good buy. We will get update on the Swabbers and post when available.

Thanks The Baron
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