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


To: GTC Trader who wrote (4214)5/28/1998 9:15:00 PM
From: Mike C2  Read Replies (1) | Respond to of 6467
 
Supply mystery solved
Listened to the conference call. not being a real inside guy. could someone fax me the Trooper #15 recap? please email me at mc2MikeC@aol.com and I'll be in your debt.
The outstanding shares:
4/95 11 mill
4/96 13.4 mill
1/97 29 mill
4/97 49.8 mill
7/97
10/97
1/98 54 mill
5/98 70-75 mill
In the last conference call Rene said that the need for more $ was nearly at an end. He gave no indication that they'd used even 1/2 of the 26 mill. Reg D.
It is now obvious that this was not the case. Color me burnt umber.
He did say that the assets of the company would be in the $50 million range and that they were still expecting to be in the black with a couple of licensing fees in hand for the end of Qtr1 99.
Let's get that non-recourse financing completed and get going on JVs.
Rene forgot to mention Richmond being online this year and there was no mention of Halifax.
Otherwise, it was about as I expected. Big on promise and not so big on any hard news.
Was glad to hear from Larry L. about Trooper though.

best to all