SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Microcap & Penny Stocks : Rentech(RTK) - gas-to-liquids and cleaner fuel -- Ignore unavailable to you. Want to Upgrade?


To: Starfish* who wrote (11134)10/21/1998 7:36:00 PM
From: Andrew H  Respond to of 14347
 
>>Can you point me to the FACT that the conversion has ended???<<

It all depends on what you are willing to accept as "FACT."

I will refer you to Message 6108429 post number 2, section 1. I know the poster well and he says he received this information from RNTK management and I believe him and management. However, you may wish to confirm this for yourself by calling RNTK management or their stock transfer agents.



To: Starfish* who wrote (11134)10/21/1998 10:12:00 PM
From: gamesmistress  Read Replies (1) | Respond to of 14347
 
Another good post from Raging Bull, which also answers the question about conversions. The last item is of particular interest.

This is from Dooper.

Spoke with RNTK today, summary (containing a new item) is:

1) Convertibles are all converted. Whether the shares have been sold into the market is not known to them.

2) They see no need to sell any more in the near future (they could raise $6M more that way if they needed to)

3) Approximately $3M in the bank, puts them in good cash position for the time being

4) Fiscal year end 10K due in mid December will be their next financial filing (quarterly/annual type). It will contain more on the TX deal since that filing calls for full disclosure of material financial facts. So that should be fun reading.

5) Mark had good visits on his recent road trip. Just got back this afternoon. No specifics, just satisfaction that they're getting the message out effectively. Will be on the road the bulk of the next 4-5 weeks.

6) Don't skip this one, "You heard it here first"... :-) ....... The November issue of Research Magazine (comes out Nov 1) will have a 3-page corporate profile of RNTK. This magazine goes to about 90,000
brokers/analysts monthly. One of the most widely-read magazines in the brokerage industry. It's a RNTK-sponsored profile. If this sounds bad to you, consider that Intel is paying to get their profile in the same issue. Typical profiles result in 1200-1500 requests from brokers/analysts for additional info, though Mark says he'll be very pleased if they get even 200-400 requests.

Best to all,
Doop III