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

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To: Saverio who wrote (741)4/28/1999 2:49:00 PM
From: M. Merriam  Read Replies (2) of 1208
 
I believe that you were incorrect how you attributed the debenture payments. The debentures would affect only affect cash flow in quarters when payments are made; however, the interest liability would accrue on an on-going basis.

Mike
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