Thermal Control Technologies Corp TCT (was Redux Energy) Message Board

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

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To: Nathan Hansen who wrote (478)	7/17/1998 3:54:00 PM
From: Edward W. Richmond	Read Replies (1) of 1208

Nathan, I just saw the stock price drop to $1.40. I find it hard to believe that Wood Gundy would try to depress the price as has been suggested in the past. I tried to purchase the units that included one share at $1.60 and a one year warrant that could be exercised for one share at $2.00. If the terms of the private placement were not altered, which I have no reason to believe was the case, the Wood Gundy will not look great to its clients with such a low stock price. Indeed, it would be to their advantage and image for the stock to be at or above $2.00. Am I missing something or is my reasoning faulty?

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