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


To: Clement who wrote (5794)9/5/1999 4:04:00 AM
From: Gary Green  Read Replies (1) | Respond to of 6467
 
The review of news reports concerning positive announcements and events that we now know were pure fiction, was like a walk down memory lane.

I can recall making buys of stock after every positive story. In my own mind, by 1999, I accepted the fact that we shareholders were swindled blatantly; that fraud would be quite easy to establish and that we also could prove both stock fraud suits as buyers and a derivative suit as shareholders. But, I concluded too that chasing TTRIF or RB would be futile because the assets seem to be like vapor; the float is so huge that any recovery to individual shareholders would be de minimus; and the cost of either suit would exceed the total of any recovery that now could be contemplated reasonably.

My reading of the posts on this board, however, give me reason to pause. I have read every SI message on TTRIF over the years, and I respect the diligence, and know the bias of the writers. The cumulative impact leads me to diffused conclusions.

My uncertainty surrounds the following:

1) Does anyone honestly believe there is enough assets at TTRIF or owned individually by RB to justify anything more aggressive than a continuation of shareholders merely expressing their polemics on stock bulletin boards?

2) Could there possibly be another side to the story that makes RB look less like a crook?

3) If there are indeed assets that overcome the impact of huge dilution, and if there is no other side of the story, I for one am prepared to institute one or more lawsuits either as a class action, or a collective suit for specifically identified shareholders.

Gary Green
s.p.g@worldnet.att.net