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

To: Ie Coan Bie who wrote (1755)	3/8/1998 9:31:00 AM
From: Terry Lyon	Read Replies (1) \| Respond to of 14347

Good Morning, I posted a question on the ENBC thread which has a process to remove sulpher from crude oil and this is repeated here: To: Terry Lyon (128 ) From: EAGLE-EYE Sunday, Mar 8 1998 9:06AM EST Reply # of 130 Hiya Folks, Ron, unfortunately I have not seen this report. I will try to get my hands on it once its published. In response to Terry's comments regarding RNTK and ENBC - thanks for the info on RNTK. I read through the news regarding this company, and some of the postings. It looks like both companies have a niche and both will co-exist nicely. While I'm not an expert on either stock, here's why I would rather place my money on ENBC ( if the option was to choose one or the other ). Business Reasons: 1) ENBC was given a $2.4M award by the Dept. of Energy on 8/7/97. I'm sure a lot of companies like RNTK, ENBC etc. was eyeing this funding. The award was for Gasoline Biocatalytic Desulferization. DOE is a lil different from the military. They don't waste their money on $250 hammers. I'm sure their scientist and researchers looked high and low before they decided to award ENBC with this funding. In short, this "Good Housekeeping Seal" of approval was given to ONLY one company - ENBC. This gives me a high level of confidence for short term and long term. 2) Nice Pipeline of potential customers. ENBC is about to sign a license with its first customer. My gut feeling tells me this project will be a nice "show me the money" showplace for future customers. Commercialization is what ENBC shareholders have been waiting for. Its been many years and I think its here. ENBC is being watch by some of the largest refiners in the world. When the first customer signs, its just a matter of time that the others will follow. 3) This technology addresses the "two prong problem" of rising sulfer levels in crude oils and increasing stringent environmental regulation for gas and petroleum. Their are countless areas in this world that need to clean up the air. My friend recently moved to L.A.. He tells me that the air is dirty beyond belief. When he blows his nose....his tissue is black! 4) Razor Blade business - ENBC will build the plant and simply sell you what it takes to clean up each barrel of crude. If ENBC only gets $1 per barrel, this stock will be competing with Microsoft and Intel ! Non-Business Reasons 1) It seems that RNTK is in the business of "conversion". From one form of energy to a new form. RNTK is finding the "refinery bottom" gases and converting them to liquid gases. While this seems like a very valid and needed technology which will definately make money - ENBC seems to have a EZ technology which might be easier to implement. Somehow the word "conversion" scares me. It conotes...."it takes too long" (pardon my ignorance to RNTK). Crude oil is not going away. The "dam" is full with crude oil ready to be cleaned up. Nothing needs to be "found or converted". Its there, its dirty, it needs to be cleaned up before the sale. 2) ENBC'ers seem to be long term holders. Yes, some folks probably did get burnt on margin when this baby fell below $4. But all the MAJOR shareholders are hanging on. IMHO, folks are starting to place their bets now...on both companies. I just believe ENBC is a little further ahead because the taxi cab meter will soon start ticking $$$, as the barrels of crude get processed. Other companies like RNTK are in a good position....but their still waiting the cabs to roll out of GM. Good Luck to all. The next two weeks should be fun. Eagle-Eye