Thermal Control Technologies Corp TCT (was Redux Energy) Message Board

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

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To: mike wood who wrote (638)	2/10/1999 3:51:00 PM
From: Saverio	Read Replies (1) of 1208

Copied from Stockdepot...Answer by Cameron to a question: Name: Cameron Schuler E-Mail: info@tct.ca Date/Time: 2/10/99 2:55 PM Subject: Re: TCT News February 9 Hello Scott, The U$500,000 was very good news for us and goes a long way to meeting our needs. Our Financing in the U.S. has been a major point of discussion and to date it has been a great deal of work. I've been to Phoenix for it and spent several hundred hours working on it. As to the status, when we have news on it we will release it. Currently, we are not producing our cores in-house. It is something we would like to be able to do, but it takes not only the money to get the process in place, but a great deal of time since most of the equipment is custom designed for the specific needs of each user. With our profit margins (cost of goods sold as a percentage of product sales) being over 50%, most industries can't even come close to that and we are happy with our profitability. Regards, Cameron Schuler

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