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Microcap & Penny Stocks : Rentech(RTK) - gas-to-liquids and cleaner fuel -- Ignore unavailable to you. Want to Upgrade?

To: Mighty_Mezz who wrote (5962)	7/6/1998 2:54:00 PM
From: Micropicker	Read Replies (1) \| Respond to of 14347

Today's S-3. Looks like 500,000 shares at $1-5/8ths. This shouldn't cause too much of a problem in terms of dilution. What is interesting to me is this part: "Additional shares to be registered are issued to ITN Energy Systems, Inc." I am just wondering if ITN Energy Systems either has enough cash or revenues that they are actually investing that into RNTK stock? If so, you would have to believe that they are doing it with some "insider" knowledge that those shares will be increasing in price in the relatively near future. I think this is actually a VERY BULLISH indicator that a deal is imminent.