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Gold/Mining/Energy : Thermal Control Technologies Corp TCT (was Redux Energy)
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To: mike wood who wrote (619)1/29/1999 12:53:00 PM
From: Far Side  Read Replies (1) of 1208
 
Hi Mike

Looks like someone is really scared of this security, selling a lot at less than $.50. You do know that the $1.1M is classified as short term debt but is really money that can be moved over to stock if the price is right. This now means there are another 2.2M shares outstanding if the options are taken up now.

What do you think? Is their a hidden agenda here? Are they taking advantage of the low demand and insecurity in the market. You know, leasing back the plant would certainly solve many of their problems.

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