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

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Microcap & Penny Stocks : Rentech(RTK) - gas-to-liquids and cleaner fuel

RTK 0.200

+5.3%

Oct 13 5:00 PM EST

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: eric deaver who wrote (10877)	10/12/1998 11:49:00 PM
From: Zeev Hed	Read Replies (3) of 14347

Eric, from their last profile (on Yahoo) it seems that the OKON acquisition is eating rather then generating cash. They are pledged to do additional acquisitions, some of which, according to their business plans may not be positive cash flow for three or more years. If they play "loose" with money and have access to an additional $6 to $8 MM bucks (I am assuming $2 to $4 has already been drawn on, and the preferred B can go all the way to $8 MM), they will surely access it if the acquisitions done (OKON) and the planned one do not generate cash. With the stock continuing in its way back to 7/16, $6 Mm could be more than 12 additional shares, $8 MM more then 16 MM additional shares. Due to the weight of the floorless, a lot of conversion could occur at $.25 or even less, meaning a bad disaster. All these are in the realm of "could", but look at current history to see where you go. As Bismark said a long time ago, those that refuse to learn from history are doomed to repeat it. Zeev

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next