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

To: LAWRENCE C. who wrote (10953)	10/14/1998 2:18:00 PM
From: Emec	Respond to of 14347

1) Irrelevant 2) Irrelevant 3) Irrelevant EOM

To: LAWRENCE C. who wrote (10953)	10/14/1998 2:27:00 PM
From: The Street	Respond to of 14347

Anyone going to call and get the straight answer?

To: LAWRENCE C. who wrote (10953)	10/14/1998 2:38:00 PM
From: ChrisJP	Read Replies (1) \| Respond to of 14347

Hi Lawrence, RNTK is authorized to sell 1,000,000 Series A shares. They sold 200,000 shares earlier this year. I bet they, and 200,000 Series B (that the Series A holders exercised their warrants for) were converted in late Sept. RNTK has 800,000 Series A shares remaining that they can sell. Again, the question is: Did they sell any recently (like after their last 10-Q was published) ? I don't know the answer to this question, but I wish someone would find out. I didn't realize that RNTK's fiscal year ended in Sept meaning their 10-K would be published until Dec. I'd hate to have to wait 2 months to find out one way or the other. BTW, look at FTEL if you want to see floorless in action. A year ago, $10. Today $0.46. And some SI shareholders are still blaming VALUESPEC ! ROFLMAO !!!!!!!!!!! I'm not saying this will happen to RNTK, but I'm tired of reading posts cannot accept the fact that it couldn't possibly happen. Regards, Chris

To: LAWRENCE C. who wrote (10953)	10/14/1998 2:39:00 PM
From: Andrew H	Read Replies (2) \| Respond to of 14347

Give Mark a call. He was quite specific when I spoke to him last week before the announcement that about 1 million shares from all preferreds remained to be converted and that he thought no more would need to be issued, leaving, as several posters have said, between 40.5 to 41 million shares O/S. I would suspect a good portion of that 1M was converted and sold before or shortly after the announcement. In any case we are looking at a maximum of 41 million shares, so IMO, the convertible is a non-issue, a dead horse which continues to be kicked. Unless of course the company decides to issue more.