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

To: Andrew H who wrote (7795)	8/24/1998 2:26:00 PM
From: Shadow	Read Replies (2) \| Respond to of 14347

Ask is 1 11/32. There are only 4 blocks of 500 for sale there!

To: Andrew H who wrote (7795)	8/24/1998 3:10:00 PM
From: ChrisJP	Read Replies (2) \| Respond to of 14347

Well I said I was interested in a second opinion on TMex's conversation with Dennis, so I called Mark K. late last week. He just returned my call, and we had a very nice conversation. As you can imagine he is very upbeat for the future demand for RNTK's technology, given that it will provide both economic as well as environmental benefits to its users. The bottom line is that Mark says RNTK's party line is that they believe that their negotiations with Texaco have progressed to the point that in their opinion it is reasonable to believe that Texaco will approve the deal within the next month (by late Sept). According to Mark there has been a lot of activity in the last month. Obviously, they are at the mercy of Texaco management, so nothing is guaranteed. Just wanted to report RNTK's IR's position on the status of the Texaco deal. Regards, Chris