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Gold/Mining/Energy : Thermal Control Technologies Corp TCT (was Redux Energy)

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To: mike wood who wrote (581)1/16/1999 11:05:00 AM
From: Edward W. Richmond  Read Replies (1) of 1208
 
Mike, I do agree that the company could be more aggressive in its Investor Relations. However, I did speak to Cameron Schuler at TCT. This bond issue has a completion deadline of February 9th. He suggested that there were other options they had looked at that would meet their need for working capital if the bond issue didn't close.
I am adding selectively to my positions in some of our small caps. However, I am not willing to invest further in TCT until the company cleans up what I see as a financial mess. I do think they can and will resolve the problem. Their profitability is certainly a strength.
I'm not selling at this point.
Regards, Ed
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