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Technology Stocks : Thermo Tech Technologies (TTRIF) -- Ignore unavailable to you. Want to Upgrade?

To: Gary H who wrote (4918)	10/26/1998 8:22:00 PM
From: David Alon	Read Replies (1) \| Respond to of 6467

Here is what Jay Taylor advises, (Sort of what the crows posted months ago), VOTE AGAINST THERMO TECH MANAGEMENT OR BUST! If you wish to vote for the dissident platform and I sincerely hope you will, you do not have much time to act. Let me urge you not to be fooled by a message sent out by management this past week asking you to delay your vote until you hear management's side of the story. This management has had an enormous amount of time to tell its story so you should not expect to learn anything new now. This is, I believe simply another dishonest attempt to keep you from voting for the dissident platform and from knowing what is really going on with this company. Since you must get your vote into the transfer agent by Wednesday of this week, management knows that if they can get you to delay for a couple more days, you will not vote against them. SO I AM URGING YOU TO SET OUT TO VOTE FIRST THING MONDAY MORNING! If you have access to the Internet, the first thing you should do is visit www.interlog.com/~ttinfo. At that site, you can read learn all about the Dissident movement and how you can vote to save this company from what appears to be certain ruin for us small shareholders. There are also instructions on that site for how to vote the dissident side. And you can print out the dissident form and fax the executed form to either your broker (if your shares are registered in street name) or to Montreal Trust (if your shares are registered in your personal or corporate name). For the benefit of those of you who do not have access to the Internet, you will need to obtain a dissident voting form. Don't wait for that form to arrive in the mail because it is highly likely it will not come in time for you to vote. If you are not able to print this form out or obtain it from some other source, call my office at (718) 457-7507. Leave a message on my voice mail. Be sure to give me a fax number so my office can send it out to you immediately. Once you obtain the dissident form, you should then execute the fax form, then again fax it either to your broker's proxy department (if your shares are in street name) or to Montreal Trust, if your shares are in your own name. When you receive the dissident proxy, here is what you should do. 1. Vote to withhold your vote for the appointment of BDO Dunwody, Chartered accountants. 2. Vote for all of the directors listed on the proxy. These include David M. Pickering, Sheldon D. Fast, James G. Poole, Terrence J. Gorchyanski and Andrew L. Schaffner. 3. Date the proxy. 4. Print your name exactly as it appears on your shares or on the account in which your shares are registered. 5. Write your account number adjacent to your printed name. 6. Sign the proxy. 7. Fax it to either: a) The Montreal Trust - The Transfer Agent (604) 683-3694 in the event your shares are registered in your own name or b) To your Broker in the event your shares are in your street name. If your shares are in your personal name, you should fax the dissident proxy to Montreal Trust Company at (604) 683-3694. But, if your Thermo Tech shares are kept in your account with your broker, you will need forward your proxy to your broker. It is best for you to call your broker to learn where to fax the form. BE SURE YOUR BROKER KNOWS THAT THIS IS AN URGENT MATTER. THAT HE NEEDS TO GET YOUR PROXY TO THE TRANSFER AGENT BY 3:00 PM ON WEDNESDAY OCTOBER 28TH, IN ORDER FOR YOUR VOTE TO COUNT! If Waterhouse Securities is your broker, as it is mine, I can tell you that you should fax your proxy to (212) 425-4003. Attention: Tom Dwyer. Again, I am very sorry to have to vote against the management of Thermo Tech, but the totally irresponsible behavior of Rene Branconnier and his unwillingness to explain his actions has convinced me that unless he is ousted, this company has absolutely no future. Your investment will be headed to zero! Incidently, according to internet source, Mr. Branconnier has registered to raise another C$16.9 million by the sale of stock. At the company's Friday close of C$0.25, this amounts to another 67 million shares! Since the date of record, the shares have increased from 126 million to 135 million! So add to that makes 202 million+ shares! Ridiculous! THROW HIM OUT! What is this if this is not robbery? Or if he is doing such a great job for us, then why does he not explain the reasons for this action. If it would be in the best interest of shareholders, why in God's name would he not explain that to us? There is indeed some very real reasons to believe this man is robbing shareholders which is why the dissident movement will not only seek to have Mr. Branconnier removed as an officer from the company, but also seek to have a complete audit of the company's books. There are a number of former BDO Dunwoody auditors now working for Thermo Tech, which is one reason some people, including your editor thinks a new firm should be appointed as auditor of Thermo Tech. For this reason, it is suggested you vote to with hold your vote for BDO Dunwoody on the dissident proxy. Just a personal note, before I close this section. This is the first time I can ever remember voting against a management team in power. I generally give management the benefit of the doubt. But in the case of Rene Branconnier, there are so many obvious and flagrant violations of shareholder interest that in my view voting against him is a no brainer. With respect to the new management, I know very little about them but what I am 99%sure of is that if we keep Branconnier on as CEO, our investment is headed for zero in the very near term. This is true in my view for the multitude of reasons I have expressed over the past several weeks. This is a very sad story, but it shows how a man willing to rob shareholders can wreck enormous hurt and damage on innocent people. It also shows why we have securities regulators. In summary, I cannot emphasize enough how strongly I feel about this vote. I urge you to vote for the dissident platform. If you are having trouble getting a copy of the dissident proxy form, call my office at (718) 457-7507 and leave a fax number along with your name and we will fax you a proxy form. Other numbers you can call for help are David Pickering at (334) 213-0066. John Holley (334) 263-0243 or Sheldon Fast (905) 473-3816.