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


To: TokyoMex who wrote (9736)9/30/1998 5:22:00 PM
From: TickerHound  Read Replies (2) | Respond to of 14347
 
Interesting Yahoo post:

Seems as if someone is not trying to be the first to "guess" the date(so understandable given this is an ANONYMOUS environment), then we get personal attacks and belligerence. But keep going someone will be right, eventually. Is there a prize involved? A ham, a set of steak knives?

Some facts for anyone that still reads this thread. Book Value? Good one, value the company using book value. RNTK owns a minimal amount of depreciable(hey, BV is falling!!) assets and some patents. It is in any stretch of the imagination a "knowledge based" company, akin to an IP firm. BTW, everyone seems to worship at the feet of SYNM(incorrectly), but check their BV. Float & conversion? The 40 mil level is the neighborhood now, and the issue of preferreds is as old as the price slide. Again, too late for the "A" class, be more
concerned that there are 200k in "B" warrants, and a possible additonal 600k(common @ $1, still an issue).

Now in a few days there will be an EFI meeting in San Francisco, the topic, "Gas Conversion Projects, Technologies and strategies". Participants will include some huge multi-national oils, a few of the established GTL players, and a penny stock Denver holding company. Now what the heck is RNTK doing there if they have no scientific AND commercially applicable merit? No predictions from me, I leave that to all the experts out there.
OH, and BTW, TX's topic for their presentation? ..."Integrated Gasification/Fischer Tropsch" (IGFT). Uh, does anyone else understand that?

Plenty of reason to be frustrated, but the quality of RNTK's efforts in the GTL world is not a valid one. I recall the good days of this thread, they will return.