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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: Starduster who wrote (4487)4/27/1998 8:10:00 PM
From: Ravi Ratnam  Read Replies (2) of 14347
 
Had a conversation with Mark kenig RNTK's PR man.

He indicated that negotiations with Texaco have reached advanced stages, but had no idea when the deal will be signed. My understanding is it is all left to Texaco to finalize the deal.Rentech is talking to Connoco and 4 other companies currently as well.

With or without GTL process RNTK is committed to increasing shareholders value . Mark indicated Rentech will go out and acquire good companies to increase profitability. He estimates that within the next 3 years Rentech could be making as much 30 to 80 cents a share in earnings.

The total outstanding shares at the moment is about 35 mm and the float is about 22 mm.

The Rentech web site will get a much needed face lift within the next 5 days. More info will be available on-line on the GTL process.

With respect to the 20 minute meeting he had with TM recently at a restaurant it is Mark's position that TM did not look him in the eye and even if he did Mark was wearing glasses and it was dark in there.
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