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


To: Tom G who wrote (4064)5/7/1998 12:57:00 AM
From: monu  Read Replies (2) | Respond to of 6467
 
Tom,

I personally think TT is getting their act together a little better but what still remains so troublesome to many of us is that they still continue to hype and hype away. They don't even need to hire a pr firm if their product is going to produce the way they say it will. The cash flow will speak for itself. But let me give you an example of what continues to tick me off. In their latest release they talk about the 800 tpd plant bringing in $56000. Correct? Now, what I don't like is that the real numbers are always for us little people to figure out. Why can't they ever be plain and real??? According to Dave P's phone call with Rene, Rene said to begin with this Northward station will be doing 200 to 300 tpd. The news release says it will be 400 tpb in Northward which is capable of having up to 800. Why do they even mention $56000 when all it can do is mislead, unless that is the intention? (like it always appears to be). The bottom line is as a JV partner, TT will be actually getting between 1/8 and 1/4 of the above mentioned amount. I'll take it a step further. According to the phone call, Rene said they will be making between 30 and 35 a ton. If they get 30, their income at this station could be less than 1/8 of the $56,000. Still, I guess I should be happy. They are finally getting something.

Regards,

Joe



To: Tom G who wrote (4064)5/7/1998 1:00:00 AM
From: john b  Read Replies (1) | Respond to of 6467
 
Tom; Question.

Are you sure about that "July 26" date that Richmond is set to go on line. IMO considering TT's history, the idea of setting a specific day may sound good but is nuts. A minor or major setback that may affect the construction timetable will only add fuel to the fire of those who either have doubts concerning the credibility of this company or just love to trash it.

Seems they are hanging their ass a little too far out on this and may well have it kicked around if they miss their target date. IMO.

Regards



To: Tom G who wrote (4064)5/7/1998 8:32:00 PM
From: Casey  Respond to of 6467
 
Tom:

<<As for more dilution I doubt it.With Hamilton at 700 tons per day by the end of this month and the Northwood Transfer station bringing in
$56,000 a day and the other transfer station now bringing in $12,000. a day. and Richmond to go on line July 26th.TT will be in the black.And there will be no need to dilute.Financing is no longer a problem. >>

Northwood is permitted to handle 800 tpd @ ~$70 ton, but from Dave's notes they will only start out at 200-300 tpd. This is more like $14,000 - $21,000 per day in revenues of which TT gets 50%. Where did you get the information of $12,000 per day from the Power Grow site?