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

To: john b who wrote (4576)	8/9/1998 12:33:00 AM
From: Clement	Read Replies (3) \| Respond to of 6467

John, While I can't speak for Robert, you may perhaps referring to apples and oranges... I believe that it is possible that Thermo Tech has received financing, however I highly doubt that it is non recourse financing (that is a very good form of financing usually reserved for low risk clients) or that it will be beneficial to shareholders. Because of the risk that Thermo Tech carries (many different kinds including litigation), it would be foolish for lenders to put the cash into Thermo Tech's name, and at the same time lenders will want a more than just a normal rate of return to compensate for the risk (IMO), and this would mean options, participation, warrants, high interest rate, etc... So the question that remains to be seen is -- will the deal be profitable for shareholders? That is, if there is a deal at all. Even convertible debentures (ie Reg S and Reg D) are considered in some circles to be "debt financing". All debt is not created equal. Clement PS Sheldon, I've never been to British Columbia before. I truly am just a poor student, well sorta anyway.