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Technology Stocks : Thermo Tech Technologies (TTRIF) -- Ignore unavailable to you. Want to Upgrade?

To: Zeev Hed who wrote (3870)	4/5/1998 7:23:00 PM
From: Tom G	Respond to of 6467

Zeev,I see your back on the thread.I was just wondering what your intentions here are.Have you purchased any TT yet.If not are you considering it.I'm just curious anytime you come back to the thread,thats all.I just wonder what keeps drawing you back.I am not puting you down or anything like that,not my intentions,just crious. Tom

To: Zeev Hed who wrote (3870)	4/5/1998 8:16:00 PM
From: Casey	Read Replies (2) \| Respond to of 6467

Zeev: at the following url you can find the 6-K filing of the interim financial statements as at Mar 31, 98. sedar.com Therein, they give the fully diluted shares at ~59M. My other notes are at work and as I remember it, the capital cost of a TMP is 12M for a 400tpd and 15M for a 600tpd. Nice to see you in constructive criticism mode. Big improvement.<g>

To: Zeev Hed who wrote (3870)	4/6/1998 2:53:00 AM
From: Robert Pool	Read Replies (3) \| Respond to of 6467

Just a few thoughts and ???? More questions: Red flags: #1 Increase in receivable with no substantial changes in production or business operations, old trick to make things look good on paper, Trade & Other receivable up from $1,181,789 to $2,180,437. #2 Increase in Due to Officers & Directors up from $24,166 to $577,938, why is the company having to borrow from its Directors. #3 A decrease in Amortization & Depreciation $2,527,423 to $2,124,487 when there was a increase in Engineering Design and Plant Equipment cost over 1997 by $2,803,702 a increase of $3,026,413 compared to 1997 and 1996 allowing a much greater Amort. and Deprec. for last 3 Qtrs. Not factored in. Why??? see 1996 to 1997 Statement. (another way to make the books look better than they are). Maybe one of the Accountants on this thread could explain these in more detail. #4 Cash on hand 4/5 mil??? Possible only if they have paid little or nothing for work and equipment upgrades done on the Hamilton Plant which I am sure is in the $5 mill plus area. This liability does not show on 6K report. Why??? #5 Over 50% insider holdings in company. A total impossibility. Even a 15% is a long shot taking into account the information available in filings. Including over seas accounts. #6 Company has a history of not fulfilling it commitments to it share holders and the public at large as published in its press releases. Also uses its releases to pump or support the stock price rather than using them as a means to inform shareholders and the public #7 Company has been forced to settle out of court several law suits in its history and is currently named in two. #8 Company seem to leaks information at convenient times through strategic channels. #10 Company has barely completed step 1 and is still boasting about the possibilities in step 19 and continual comes up with more blue sky to maintain the interests of share holders. #11 Has a history of having to get financing by unfavorable means such as Reg. S's and Reg. D's (BIG RED FLAG). #12 Has had no successful relationship with a Licensee or JV (TPP not being the only Licensee). #13 No clarification on JV as to means of payments and trade, as well as very vague information available through IR. These points are not being posted to cause an undue argument, they are only my thoughts and observances and therefore are surely open to criticism. I welcome it . Robert Pool More ????'s to follow.