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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: Im-patient who wrote (11120)10/21/1998 4:24:00 PM
From: Andrew H  Read Replies (2) of 14347
 
Fred, a reverse split for RNTK, while possible, is EXTREMELY unlikely for a variety of reasons.

1. Given the TX news, the road show, and the fact that the conversions have finished, one would soon expect the price to return over $1.

2. Nasdaq has a great deal of flexibility in regard to delisting. The recent debacle in small caps will no doubt make them less eager to delist all who temporarily fail to meet all the requirements.

3. The TX deal will give RNTK increased credibility in Nasdaq's eyes.

4. Lots more good news on tap for RNTK in the next few months.

Personally, I would ignore all the foolish alarmists who are now warning of delisting. They clearly have hidden agendas or just enjoy preying upon the weak in spirit.
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