Conversion Technology CTIX Message Board

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Microcap & Penny Stocks : Conversion Technology CTIX

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: MonteChristo who wrote (2)	6/5/1998 8:14:00 PM
From: MonteChristo	Read Replies (1) of 6

Conversion Tech says subcontracts recycling ORLANDO, Fla., June 2 (Reuters) - Conversion Technologies International Inc. said Tuesday it entered an agreement to subcontract the sorting and recycling of cathode ray tube glass to Dlubak Glass Company. Under terms of the agreement, Conversion Technologies has sold its existing glass cullet inventories to Dlubak Glass Company for processing. As a result of the contract with Dlubak, Conversion Technologies will recognize a one-time gain for its fiscal fourth quarter ended June 30. That gain will consist of the reversal of a reserve that it had established for the disposal of unprocessed glass products.

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next