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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 (1785)3/9/1998 5:18:00 PM
From: Pakman2000  Read Replies (1) | Respond to of 14347
 
I think everyone should stop worrying about the latest S-3 filing. Any negative reactions would have happened by now, and the stock has continued to increase in value. The technology is proven, management is proven and Texaco-- well that remains to be seen. The fact of the matter is that RNTK is going places and if it isn't on the back of TX than someone else will be there to give them a lift.

I dont think that Texaco would have waited around for this long if they didn't think a deal would be consummated and on the flip side I dont believe that RNTK would be negotiating exclusively if they, too, didnt think that a deal would be imminent. So for now we hang with baited breath in hopes for a deal that would make us all a little richer. Till then...



To: Andrew H who wrote (1785)3/10/1998 9:31:00 AM
From: Lord Smooth  Read Replies (1) | Respond to of 14347
 
That's true Andrew.

My number babbling yesterday is to clarify what seems to be misundertanding about the shares listed in s-3. I am not claiming to know everything about it, but the following is very clear:

That it is NOT an offering of shares by the company to raise money,

That the shares are NOT being sold to Texaco,

That the shares and potential shares are being registered to be sold for the convenience of existing shareholders, NOT being sold/dumped by the company. (Note also that Series A holders have to wait 120 days. Series B hasn't even been sold yet.)

That is the extent of my knowledge on the issue. While I am sure of what I posted above, in the past I have inadvertently posted incorrect or omitted information. So, reader, beware. Don't trust me or the rest of the Internet. It is a sewer of misinformation. Call the company and clarify the information with them.

I am learning just like all of you. Good luck people.

Schop