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To: TokyoMex who wrote (1254)2/19/1998 11:59:00 AM
From: Zeev Hed  Respond to of 14347
 
TokyoMex, and the other 6 posters this morning responding to my post. First, in those prior situations I mentioned as in this one, I was asked by some people to look at the situation as a potential investment (in the last two weeks I had some six or more personal e-mails on RNTK), and in all cases I stayed out, or stayed out until I saw a ray of hope for at least a temporary resolution (like I did at EXSO, and did quite fine thank you). I am not interested in RNTK, not to do a positive spin nor a negative spin. To few people that asked me, I responded that the technology could be extremely useful if it can be a distributed GTL technology (low cost with units at each well head). That is why I asked about the patents (I also asked for personal reason since I am involved with a well head GTL process myself). After going to the RNTK web site, it became clear to me that the technology is not particularly unique and definitely not a low cost "portable" technology applicable to distributed GLT processes.

When I found out about the floorless by interest went to absolute zero. If this company becomes an overnight success, which I consider improbable, that is fine for the stock holders. As I have mentioned before, TokyoMex, I am really too busy with raising funds for Light Therapies to do an in depth due dili on this situation. Some times, I have to let a "great opportunity" go by.

Zeev



To: TokyoMex who wrote (1254)2/19/1998 11:59:00 AM
From: Lord Smooth  Read Replies (1) | Respond to of 14347
 
Joe, we need negative spins so we know everything about this company and so we can hopefully refute them and make our speculative investment case in RNTK stronger.

Who were the preferreds sold to buy the way? Individual investors or all to one or few institutions? What's going on.

Of further note, I noticed that Bankers Trust as of 9/97 liquidated its holdings, and that as of June 1997, there is now a post that Alex Brown held 400,000 shares -- these are for portfolio funds, not market makers. This means the institutions are dipping in and out. So who knows who will be holders as of 12/97, or now. It also means the Street may be more aware of RNTK than we thought.