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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: Charles T. Russell who wrote (7156)8/14/1998 12:06:00 AM
From: LAWRENCE C.  Read Replies (1) of 14347
 
From the 10QSB, I calculated that The preferred shares had a face value of $10. And the preferred shares are converted for 10 shares at lower of average of previous 5 days closing price or a cost of 85% of 5 day closing price. That would seem to be a cost of $1 of value plus .40-.60.
Lucky Lawrence
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