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

To: Poweruser who wrote (4596)	8/10/1998 9:46:00 AM
From: Zeev Hed	Respond to of 6467

Power user. I consider TTRIF right now just a "relief" from the floorless situation, as I did last August with GATE (my best deal last year, a five bagger). I think that TTRIF still has a lot of up and downs ahead ot it, both on the legal front and on the operational front, so, I will be nimble and will not try and shoot for a five bagger (I'll take it if offered <G>), As for Light Therapies, we are at the final stages of negotiations with $260,000 in the escrow account, another $250,000 "promised" by September 15 followed by three other installments of similar size every three months. We will probably close the Private Placement with the "promised" $250,000 and whatever other smaller investments might "squeeze in" before 9/15. But, like TTRIF's financing, until the money is in the bank, I am not counting on any one of these, so I am still working with other "potential" investors to complete the private placement. I am not accepting any "floorless" deal, however (VBG). Zeev