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Microcap & Penny Stocks : Rentech(RTK) - gas-to-liquids and cleaner fuel -- Ignore unavailable to you. Want to Upgrade?

To: BAXTERBOO who wrote (880)	1/16/1998 6:16:00 PM
From: Terry Lyon	Respond to of 14347

Short term I would have liked an agreement with TX and a pop in stock price but longer term it may actually be much better for shareholders to have many license agreements between numerous parties. I appreciate your reply and I remain long RNTK. IMHO. Terry Lyon

To: BAXTERBOO who wrote (880)	1/16/1998 6:16:00 PM
From: Lord Smooth	Read Replies (2) \| Respond to of 14347

You got it backwards...other way around. RNTK is talking to others while also talking to TX. I see that as a good sign. RNTK is not going to be an exclusive partner. 1 1/64? perhaps traders are as bored as we. About the updated 10K, it just expands on what OKON is and clarifies what ITN is and other subjects. RNTK has a 50-50 JV with ITN in substrate technology, whatever that is. Separately, RNTK is thinking of forming another JV with ITN to develop other products, in which it will hold a 10% interest. RNTK will get this second JV with 10% interest with ITN after it pays $200,000 cash and 1.2 million restricted common stock. As of now, by the way, common shares outstanding are around 31 mil. Including in-the-money warrants and stock options (fully diluted) shares outstanding are around 38 million. I think this tradeoff is ok as long as they continue to use the funds to acquire businesses with 59% gross margins (Okon). Have a good weekend...