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


To: Starduster who wrote (11102)10/20/1998 4:04:00 PM
From: Bradpalm1  Read Replies (2) | Respond to of 14347
 
Here's something to chew on from another message board also afflicted by dysfunctional posters like Charles:

Important Message to Serious RNTK Investors
jnk1997 Oct 19 1998 7:03PM EDT

I am dismayed with the crap that has appeared on the board. You would think that true stockpickers would be more interested in discussing the issues at hand.
I spoke to Mark Koenig a couple of hours ago. The following is some of the highlights of our conversation, as I interpret and/or recall.
-Mark and company are now travelling extensively in order to promote RNTK to the Street. They are now in New York city. (they have not done this in about 5 months)
-The Texaco deal provided upfront payment(s) to RNTK. The first checks may be arriving as we speak. These amounts, though not huge, will be disclosed on 4th Q earnings due out by Feb 15th.
-Now that TX-RNTK have an agreement, meetings are scheduled to discuss the 1st operating plant, technical aspects, location etc.
-TX did not issue a statement because this deal does not affect TX shareholders in the near term.
-RNTK shares in TX profits on product produced with RNTK process, however, ALL installation, construction etc.. costs are paid by Texaco.
-RNTK may have to reveal some of the TX details on their next report, only if required by SEC to do so. However, they would prefer not to as they are in negotiations with other major Companies, and the TX deal is not relevent to these potential new agreements.
-RNTK has about $3 million in the bank so operating cash is not a problem.
-RNTK has no plans to issue more shares
-There are 2 bills before congress which, if passed next year, may result in a $3-6 dollar tax credit to producers of low sulphur deisel such as produced with the RNTK process..

I believe that long term RNTK mayl be a good investment. I too, would like to see $ 4-6 dollars a share today, however we must be patient.

Try to occupy your time in a constructive way and keep this board clean please, or I'm sure Yahoo will close it. If you've lost money (as I have, average cost 1 7/8) sell, or hang in there but stop trashing the stock.

I'm going long.............Go RNTK................. (eom)