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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: LAWRENCE C. who wrote (10953)10/14/1998 2:38:00 PM
From: ChrisJP  Read Replies (1) of 14347
 
Hi Lawrence,

RNTK is authorized to sell 1,000,000 Series A shares. They sold 200,000 shares earlier this year. I bet they, and 200,000 Series B (that the Series A holders exercised their warrants for) were converted in late Sept.

RNTK has 800,000 Series A shares remaining that they can sell. Again, the question is: Did they sell any recently (like after their last 10-Q was published) ?

I don't know the answer to this question, but I wish someone would find out. I didn't realize that RNTK's fiscal year ended in Sept meaning their 10-K would be published until Dec. I'd hate to have to wait 2 months to find out one way or the other.

BTW, look at FTEL if you want to see floorless in action. A year ago, $10. Today $0.46. And some SI shareholders are still blaming VALUESPEC ! ROFLMAO !!!!!!!!!!!

I'm not saying this will happen to RNTK, but I'm tired of reading posts cannot accept the fact that it couldn't possibly happen.

Regards,
Chris
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