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Gold/Mining/Energy : Thermal Control Technologies Corp TCT (was Redux Energy)

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To: bill still who wrote (456)7/7/1998 5:37:00 PM
From: Edward W. Richmond   of 1208
 
Bill, I tried to purchase some of the private placement units which would have given me one share at $1.60 and a warrant to purchase another share at $2.00 within one year. It appears that Wood Gundy stopped the small private placement and scooped it up for their clients. My good fortune as I bought in at an average of $1.57.
In my opinion, Wood Gundy had to see considerable upside potential in promoting this issue. In my opinion, it would be folly for them to promote a stock just to get the commission.
Got to run as the World Cup is going to shootout.
More later.
Regards, Ed
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