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


To: Andrew H who wrote (1326)2/21/1998 12:07:00 AM
From: Andrew H  Read Replies (1) | Respond to of 14347
 
A few heartening words from Yakobsen's talk at Bloomberg:

RENTECH'S GAS TO LIQUIDS BUSINESS STRATEGY IS TO FORM A MUTUALLY BENEFICIAL BUSINESS RELATIONSHIP WITH A STRONG, KNOWLEDGEABLE AND RELIABLE COMPANY TO EXPLOIT OUR TECHNOLOGY AT LARGE SCALE ON A WORLD WIDE BASIS FOR ITSELF AS WELL AS WITH THIRD PARTIES.

WE BELIEVE THAT THIS GOAL WILL BE ACHIEVED BY THE SUCCESSFUL CONSUMMATION OF OUR PREVIOUSLY ANNOUNCED NEGOTIATIONS WITH TEXACO. WE ARE OPTIMISTIC THAT THE OUTCOME OF THESE ONGOING NEGOTIATIONS WILL BE POSITIVE AND BELIEVE THAT A RELATIONSHIP WITH TEXACO WILL BRING A WORLD WIDE PRESENCE, AN UNPARALLELED DEPTH OF EXPERIENCE IN THE GASIFICATION OF ALL MANNER OF CARBON-BEARING MATERIALS AND THE CAPITAL REQUIRED FOR FULL TECHNOLOGY EXPLOITATION, WE EXPECT THAT THE MAJORITY OF OUR POTENTIAL REVENUES FROM THE GAS TO LIQUIDS TECHNOLOGY SEGMENT OF OUR BUSINESS WILL BE FROM LICENSE FEES AND ROYALTY ON PRODUCTION.

EQUITY PARTICIPATION WILL BE AN OPTION DEPENDING UPON THE AVAILABILITY OF CAPITAL. CURRENTLY, WE HAVE NO PLANS TO ACT AS AN OPERATOR WITH ALL ITS ATTENDANT STAFFING REQUIREMENTS. AS THE EXPRESSION GOES--"BEEN THERE/DONE THAT." IT IS OUR STATED GOAL TO MAXIMIZE REVENUES WHILE MINIMIZING OVERHEAD STAFFING.