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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: Buendia who wrote (5326)6/11/1998 9:12:00 PM
From: Andrew H  Read Replies (1) of 14347
 
Came across an interesting passage from a post on Yahoo. Now I don't know about the legal issues involved, but I would have to agree that CEO's statement was extremely strong and leading. I don't believe he would have made the statement he did, unless he was pretty sure of a deal.

For that reason, I feel RNTK is very cheap at these levels and will be buying more tomorrow. I've got to believe that this stock is worth at least 5 with a deal, possily a lot more by the end of the year. Now I can buy it for 1.53.

>>Lastly, I know a group of investers who have quite a bit of shares in this company and they have an attorney who reviewed the annual report from RNTK. They have been told that with the statement made by the CEO regarding "advanced stages", if the deal doesn't got through, RNTK may have a liability issue and there may be grounds for a lawsuit. The only think that would chage this scenerio is if TX cut all ties with RNTK and RNTK could do absolutely nothing about about it. That little statement re: "advanced stages of negotiations" is leading to shareholders and now RNTK has to be committed to making the deal happen.<<

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