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

To: Clement who wrote (4577)	8/9/1998 1:17:00 AM
From: john b	Read Replies (1) \| Respond to of 6467

Clement I am well aware of what nonrecourse loans are and it had crossed my mind that we were playing words games, basically baiting a trap by capitalizing the word "NONRECOURSE" in Roberts previous post. Either way I believe the purpose was to continue to plant the seeds of doubt in peoples minds. And yes I have also questioned TT's ability to obtain this type of financing. Any type of financing with favorable terms, witness the roadblocks that were put up while TT was in the hunt for IRB's to construct the long forgotten Skagit Bio TMP. Regards

To: Clement who wrote (4577)	8/9/1998 1:22:00 AM
From: Tom G	Read Replies (2) \| Respond to of 6467

Cess after next week you will be proven a liar and a worm.People will see you for what you really are.You know why TT will get the financing?It's because of put and pay contracts.Read the Dillon report.TT has guaranteed waste contracts for a min. of 80% of year one 85% of year two and 87.5% capacity for the remaining of the 12 year contract.Thats for both Oshawa and Niagra.This guarantees them revenue for the plants.FOR 12 YEARS.That is the bottom line.PUT AND PAY CONTRACTS=GAURANTEED REVEUE=NON RECOURSE FINANCING.THE DILLON PEPORT=NON RECOURSE FINANCING. Rene has made a great move by purchasing a 50% stake of Power Grow and NorthWood Transfer Stations.The contracts are on pages 33 and 34.I urge anyone who has the report to take the time and read it.You will see why TT will get the financing.Don't believe this idiot or any of the other idiots (eg.Tom K,palm,mickey ross queerboy ect) from TPP.They will be shut up soon enough.They are here for one reason.To scare everyone.I wonder how many of them are employees of TPP. When news is finally released we will see Non Recourse Financing. AS for a recent post that TT is still under contempt.That is not true.TPP says so but the courts have not determined anything yet.TT says they delivered.Dick Engineering says they delivered, it will be up to the judge to now determine.Leave this to the courts. Can't wait to see what will happen to TPP after it's dillution.Remember they still have nothing.TPP will drop so fast they won't know what hit them. What will these losers say when financing gets approved and Oshawa and Niagra start construction.Remember Rene ordered three plants at once.They are ready to go.TT is expecting these next two plants to take only 4 months to build.They expect to be commisoned by January.COUNT THEM LOSERS THATS 5 PLANTS 2 TRASNFER STATIONS AND A DEPACKAGING PLANT. WHAT DO YOU LOSERS FROM TROOPER HAVE?NOTHING!NOT A DAMN THING! Cess Pool you stink! Tom

To: Clement who wrote (4577)	8/11/1998 8:51:00 AM
From: Casey	Read Replies (1) \| Respond to of 6467

Clement: <<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... >> The non-recourse financing, if it comes, would not be in Thermo Tech's name as you put it. It would be arranged by Ontario Thermo Tech, their 50% owned subsidiary, which will own and operate the Oshawa and Niagara TMPs. The 'cash' would go solely to cover the cost of designing, procuring equipment and building of the TMP's. The debt service would be paid out of the profits of the TMPs over the term of the loan(s). It is the guarantees inherent in the revenues from the put-or-pay contracts for the tipping fees and the take-or-pay contracts for sale of the animal feed, or fertilizer additives that back the loans. The creditworthiness of the companies backing these contracts will have a big influence on the interest rates. There won't be any options, participation or warrants involved. If this financing comes, it will be one huge vote of confidence in the Thermo Master TMP. It will validate the economics and the technology in one fell swoop. It would be a BIG DEAL. Casey