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

To: Zeev Hed who wrote (1332)	2/21/1998 7:57:00 AM
From: ForYourEyesOnly	Respond to of 14347

As an RNTK shareholder I definitely would like to avoid getting caught in such an endgame. Can anyone offer solid evidence that there is no way that the convertible holder can short the stock or transfer the convertibles to a third party who would short the stock? I hope someone can offer help with this. Thanks for your input. THC

To: Zeev Hed who wrote (1332)	2/21/1998 10:21:00 AM
From: Dante Sinferno	Read Replies (1) \| Respond to of 14347

Halting debenture conversions.... Thanks Zeev , this is the second such halt I've seen recently the other being (ATEG). It appears companies can halt them but then must negotiate some settlement to prevent them from resuming , which cost the company some sorely needed dollars. I'm aware of cases , where companies repurchase the debs....at a premium...then still need the money that that financing supplied to begin with (CARN). The critical issues in these transactions are who the deb holders are , intentions , etc. Another consideration is how the proceeds are being spent. To finance growth , acquisitions , etc.....ok. To pay operating expenses , just to stay afloat....No thanks. I'd be interested in hearing of any small cap companies who used this type of financing and went on to bigger and better things if anyone on the thread knows of some ? Rob