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

To: Doug T. who wrote (7060)	8/12/1998 2:21:00 PM
From: Starfish*	Respond to of 14347

*OT* LegalBeasthad a very good suggestion for copy/paste problems. All you have to do is drag your mouse over the desired text with the button down then hit ctrl C ... then put your cursor in the message block and hit ctrl V ... works for any windows program Thanks, it works! Just like using Excel

To: Doug T. who wrote (7060)	8/12/1998 2:24:00 PM
From: Starfish*	Respond to of 14347

Was wondering about the India plant: The Company expects to realize income during the next 9 months from its license granted for the plant at Arunachal Pradesh in India. The Company expects to receive license fees in the amount of $240,000, and additional fees for engineering services are expected though not yet under contract. Income from royalties associated with the India plant are not expected until after the completion of construction and startup and operation of the plant. The Company is discussing other proposals made by several energy companies, including Texaco Natural Gas, Inc. for exploitation of the Company's gas-to-liquids technology through licenses or other business ventures. No assurances can be made that these discussions will result in either business ventures or revenues to the Company, or when such results might occur.

To: Doug T. who wrote (7060)	8/12/1998 2:40:00 PM
From: Starfish*	Read Replies (2) \| Respond to of 14347

During the period the Company issued 200,000 shares of Series A Preferred Stock at $10.00 per share together with warrants to purchase 200,000 shares of Series B Preferred stock and, at the option of the Company, up to an additional 600,000 shares of Series B Preferred Stock at $10.00 per share. Net proceeds from issuance of the Series A Preferred Stock was $1,800,000. The Series A Preferred Stock pays a dividend of 9% per year and is convertible over 18 months into common stock at the lesser of the average closing bid price of the common stock for the five trading days preceding the sale of the preferred shares, or at 82.5% of the average closing bid for the five trading days preceding the conversion of the Series A Preferred Stock into common stock. During the period the Company recorded a deemed dividend of $581,098 with respect to the discount and recorded accrued dividends of $72,074 with respect to the 9% dividend on the Series A Preferred Shares. During June 1998, 30,000 shares of Series A preferred stock including accrued dividends were converted into 309,789 shares of common stock. The warrants provide for the purchasers, during the 18 months after purchase of the Series A Preferred Stock,