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

To: CYBERKEN who wrote (10816)	10/12/1998 12:30:00 PM
From: MoneyMade	Respond to of 14347

Maybe we all need to read this again: RENTECH, INC. ENTERS INTO LICENSING AGREEMENT WITH TEXACO For Gas-To-Liquids Technology DENVER, Oct. 8 /PRNewswire/ -- Rentech, Inc. (Nasdaq: RNTK) announced today that it has entered into a licensing agreement with Texaco for the Rentech Fischer-Tropsch technology. Under the license, Texaco will use Rentech's gas-to-liquids technology in combination with Texaco's proprietary gasification technology to produce liquid hydrocarbon products such as naphtha, fuel and specialty products. The Texaco gasification technology, which produces synthesis gas by partial oxidation of carbon-based substances, will be used to generate the synthesis gas feedstock for the Rentech Fischer-Tropsch technology. The combination of these technologies will allow for the use of a broad range of feedstocks such as petroleum coke, residual oils and by-products generated in refineries and chemical plants. Under terms of the agreement, Texaco is granted an exclusive, worldwide (except in India) license to use and sublicense the Rentech Process Technology in projects where solid and liquid hydrocarbons are used as feedstocks for the generation of syngas in a gasification process such as the proprietary Texaco Gasification Process. Rentech retains the right to license for 100 percent natural gas feedstock. Texaco and Rentech will share revenues from plants licensed under this agreement. Specific financial terms of the agreement were not disclosed. For further information on Texaco and Rentech, visit the companies' websites at www.texaco.com and www.gastoliquids.com, respectively. SOURCE Rentech, Inc. 10/08/98 /CONTACT: Mark Koenig of Rentech, Inc., 303-298-8008 ext. 116; or Paul Weeditz of Texaco, 713-752-6475/ /Web site: texaco.com /Web site: gastoliquids.com (RNTK) CO: Rentech, Inc.; Texaco ST: Colorado IN: CHM OIL SU: LIC

To: CYBERKEN who wrote (10816)	10/12/1998 12:32:00 PM
From: Steve Casey	Read Replies (1) \| Respond to of 14347

Cyber, by the sounds of it, we are looking at 4 - 5 bucks a share, or so the discussion and sentiment of this board goes. Well when this baby hits the $1.60 level (which by reading the charts is one of it's resistance points), then I will return to buy. Breaking the $1.60 or so range shows progress. In the meantime, no sense in having the money do nothing waiting for that to happen, and saving .60 a share versus being active in a bull run-up is detrimental IMO to good trading.