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

To: veritas who wrote (4642)	8/22/1998 9:40:00 AM
From: Sheldon Fast	Read Replies (1) \| Respond to of 6467

Hello all, a fine posting from Yahoo: some thoughts on TTRIF yarnbender (M/British Columbia) Aug 21 1998 11:17PM EDT Questions about Corinth....disenchanted associates....a group rabid over the non-deliverance of engineering documents...a fellow by the name of Clement who sees the sagacity of Trooper waiting for the maturation of a building plan with respect to rendering plants, but chastizes TTRIF for not building a whole lot of plants first and retro-fitting after (for the benefit of the shareholder!). What gives? If the building at Corinth was a scam, when and how and on what experience should any building begin? And if it were a scam, why are the Trooper people bent on exposing it and at the same time in suit to obtain the fruits of that experience? Bigbuck has used that scam argument along with his brother and Poolco and Kinakin et al to disparage the construction at Richmond. More of the same they cry! But on the other hand it's give me the plans! In three years from the Corinth problems, Rene and his team (out-sourced or not) have forged a real commercial industrial tool. The battle has been a brutal one, and the people who sought to benefit from merely a stock play (what else???) are livid that they have had capital tied up and further that a tremendous meal ticket (ala VSE style of play) was (by their reactions) misused. Other people have had the opportunity to commercialize the thermophyllic process, but Rene has by sheer dogged perserverance prevailed to this point. Is that an indication of mis-management? If you have met Rene then you have the advantage on me . I side with him for two reasons: I've seen the construction at Richmond and weighed the progress of the development of Hamilton against my own experience in the chemical industry in Toronto twenty-five years ago when I was a senior process operator with Ashland Oil Co. ;I've read the arguments against, and have assessed the personalities of his antagonists. Rene can't afford the million dollar CEO that can easily close fifty plant deals, if there is such a one out there. I haven't met a child who can run a four minute mile either. Rene's strategy since the mid-eighties has been to prove up the process, test-plant the process, get a commercial model going, trouble-shoot the model, measure the result, get the results independantly verified, take the endorsement to the financial markets. Because he has used through-out the scientific method that has brought about and sustained the industrial revolution that we've enjoyed these past three hundred years, there is a good chance that he'll succeed. There have been many growth supporting achievements by TTRIF this past year. I just hope that the financing is a reality. The securing of that deal will allow the whole team to adjust to the real achievements of this past year and re-focus on the next horizon..and deals will indeed follow. True leadership in the free world is a hateful thing, perverse as that may seem. This is true for industrial leaders as well as political leaders. Rene is fat, has oily hair, swears in conversation, and rubs people with a more professional demeanor the wrong way...easy to loathe when he's winning and easier to loathe when he's losing...but he passionately believes in the possibility of creating a useful environmental tool. I guess he feels cultivating the world is a tad more important than cultivating himself. That doesn't make him less deserving or less capable of leading the enterprise to success. I'm currently reading a story about a dwarf in Germany between the two world wars, a story that suggests that gifts of vision are not necessarily given to people relative to their outward appearance (a cautionary note!) Regards, Yarnbender