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


To: Lawrence Burg who wrote (4236)6/1/1998 8:50:00 AM
From: Zeev Hed  Read Replies (3) | Respond to of 6467
 
Lawrence: There is still one thing that I do not fully understand with the fertility of TTRIF shares. Before the $26 floorless leaking convertible (last August) there were some 30 MM shares (give or take), now we have 75 MM shares and "equity" of $50 MM. These additional 45 MM shares certainly could not have been all from the floorless convert. Where did all these additional shares come from?

Does anyone knows what is the current cash position of TTRIF, since I am wondering where are these $50 MM stashed away.

Zeev