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Technology Stocks : Thermo Tech Technologies (TTRIF) -- Ignore unavailable to you. Want to Upgrade?

To: Tom G who wrote (5776)	8/28/1999 10:06:00 PM
From: David Alon	Read Replies (2) \| Respond to of 6467

How will they get any insurance money if they had no permit? Rick Bortolussi, manager of the city's building approvals department, said the city still hadn't issued the final building approvalªrequired for legal occupancyªwhen the plant burned down on July 17 after opening in May. "We have not done a final inspection on the building," he said. The city had yet to receive confirmation that an engineer had approved the electrical wiring inside the $28 million building. The city was in the process of preparing to take legal action against the firm for occupying the facility unlawfully, he said. And if they let the fire burn without calling the fire dept., I think it will be a while before any money if any, will be paid out, Richmond Fire-Rescue's John Mitchell told The Review Monday that a previously unreported fire at Richmond Bio Conversion Inc. started around 11 p.m., more than three hours before fire crews were notified. "I think they are linked." Images from a video camera showed smoke coming from one of the facility's 15 to 18 fermentation tanks, Mitchell said. Somehow I get this feeling that TT is totally doomed.