Rentech(RTK) - gas-to-liquids and cleaner fuel Message Board

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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: Jane4IceCream who wrote (10705)	10/9/1998 6:06:00 PM
From: Howard Williams	Read Replies (1) of 14347

Jane, I do not know for a fact that RNTK is getting upfront monies....but logic would say they should get that or some flow of payments in return for the exclusive license. At the annual meeting, RNTK said, I believe, that if/when the TX deal was finalized, they would strive to activate a conventional line of credit arrangement with the TX deal as the backing. I think they said they'd laid the groundwork for that. But beyond all that (correct me if I'm wrong anyone, please), they have zero long term debt and enough cash in the bank for over a year's worth of operations even without an upfront infusion from TX. Soooooo.....for a company that just signed the deal they did........it looks damn good compared to a lot of other microcaps. Enjoy the beach...... H.W.

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