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Gold/Mining/Energy : Thermal Control Technologies Corp TCT (was Redux Energy) -- Ignore unavailable to you. Want to Upgrade?

To: mike wood who wrote (1110)	10/7/1999 8:11:00 PM
From: M. Merriam	Read Replies (1) \| Respond to of 1208

Short position increases to 335,000 for the end of September. Mike

To: mike wood who wrote (1110)	10/8/1999 9:37:00 PM
From: Tupulak	Read Replies (1) \| Respond to of 1208

Mike, As per your request here are some numbers I got today. New office: Rent: $270.00 per month Staff: $0.00 per month (Nathan is working for free at this point) Phone and other things: $430.00 (estimate at this point) Total: $700.00 per month Old Office: Rent:$4,800.00 per month Staff: $40,000.00 per month Phone and others: $2,500 per month (just my guess) Total: $47,300 per month Savings: $46,400 per month $556,800 per year or the interest on the Convertible Debentures. ($560,000) I am sure that there was other expenses at the old office which I am not including as I don't have exact numbers on them. The bottom line is the can meet the debt obligations just out of these savings. The Prescott office I am sure can generate enough revenue to cover it's expenses and just maybe a small profit. If I was short I would be sweating a bit if the quarterly report starting Oct. 1st start to reflect this savings (due out in March I believe). So be patient and it should be rewarded. Curtis