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

To: Linda Kaplan who wrote (10735)	10/10/1998 2:01:00 PM
From: jan m.	Read Replies (2) \| Respond to of 14347

Message 5980906 Is this going to be a bad thing for the "deal"? Comments anyone? Thanks Jan

To: Linda Kaplan who wrote (10735)	10/10/1998 4:10:00 PM
From: Bradpalm1	Read Replies (1) \| Respond to of 14347

There appears to be absolutely no problem with delisting according to this post from the Yahoo thread: From NASD: "Under the new listing requirements, the alternative to the $1 minimum bid price has been eliminated, which means that all Nasdaq-listed issues must trade for at least $1. If a stock share price falls below $1 for 30 days, it has 90 days to come back into compliance (by closing at or above $1 for 10 consecutive days) before being subject to delisting." A company is not in compliance with this requirement when its stock drops below $1.00 for 30 days. The company will be notified of delisting proceedings unless the stock closes at $1.00 or more for 10 consecutive days, within 90 days of falling out of compliance. And this from Raging Bull: By: BJTelAviv Reply To #677 by PictureMaker Saturday, 10 Oct 1998, 12:07 PM EDT Post # of 685 Picture Maker I have one concern and one answer to the valid points you raise. 1. Admittedly, the market is not a great place to be right now and MAY have an input on the potential of the price of RNTK stock. However, I don't think that the price of the stock has much to do with when RNTK will make money from this deal. For example, look how many stocks shoot to the moon BEFORE they make one dime of revenue (Biotech companies, Internet companies, and of course, Syntroleum). If people waited for positive revenue from Mindspring (An Atlanta-based ISP), they would have missed a stock that went from 5 to 150 in a little over a year! Everyone has failed to mention that RNTK will now do a "roadshow" and for the first time, has a multi-billion dollar company as the "posterboy" for credibility. All my friends in similar businesses say that a roadshow is what can really make a stock price take off. From what Mark has told me, they have planned this PR campaign for a long time and have just been waiting for this deal to go through. This mega PR campaign in conjuction with continued positive announcements (for other deals) should make the price continue to rise. Ask yourself this, if RNTk gets another couple of deals signed, don't you think RNTK will be valued at least EQUIVLENT (or more) to Syntroleum? And they can't even do bottoms!!! (a technology which has a greater pressing need for TODAY, rather than the future). 2. With regard to natural gas GTL (sorry Cougar, I know I am out of my element), I have done some research. Although RNTK has said all along that they are only in the market for small scale plants (less than 5000 BPD), I decided to get an outside view. There was an article 1-2 months ago put out in Exxon's newsletter, "The Lamp", which talked about GTL. I called the head of Exxon's GTL division (from the article) and he stated that RNTK's technology can be as efficient as cobalt-based systems for small-scal plants. One main reason is because of RNTK's patented process of recycling the CO (I think this is right) to the front end to improve the efficiency. He also said that there is Plenty of natural gas reserves for everyone and that some may only yield 1000-2000 BPD, which is exactly what RNTK is looking for! RNTK can be a huge palyer in the small-scale market WITHOUT having to worry about patent infringement issues which is what Exxon (The leader in Cobalt patents) is going to try to nail other companies (can we guess) for. Someone calculated that if we can just get 1% of the natural gas market, the stock would be valued at over 60 dollars based on royalty figures (I think SC Anderson worked out the figures). Any additional input from our technical gurus? BTW, good to have you back, Captain!