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Microcap & Penny Stocks : Rentech (RNTK) Gas to Liquid company -- Ignore unavailable to you. Want to Upgrade?

To: TokyoMex who wrote (27)	1/4/1998 6:38:00 PM
From: Little Joe	Read Replies (1) \| Respond to of 110

This is in management discussion iquidity and Capital Resources The Company has a working capital deficit of $675,630 and has incurred losses since its inception that raise substantial doubt about its ability to continue as a going concern. At September 30, 1997 the Company had a working capital deficit of $675,630 as compared to working capital of $456,560 at September 30, 1996. The decrease in working capital is primarily due to the addition of $1,250,500 in debt that comes due within one year, partially offset by the working capital of Okon. $560,500 of the $1,250,500 in current portion of long-term debt is convertible into the Company's common stock at the Company's option if not converted by the noteholders by April 16, 1998 and if the Company does not pay the debt in cash at that time. The cash realized by the Company during the fiscal year ended September 30, 1997 and the cash generated from Okon's operations are expected to be adequate to fund the Company's operations at the current level through the first half of the 1998 fiscal year. In order to realize revenues from the Company's interests in ITN Electronic Substrates LLC, which intends to manufacture and sell flexible thin-film, and from ITN/ES For the entire text get the link from post no. 22 on this thread and click on glimpses. What do you think Live long and prosper, Little Joe