Silicon Investor (SI) -- The First Internet Community

STOCKTALK

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.

Gold/Mining/Energy : Thermal Control Technologies Corp TCT (was Redux Energy) -- Ignore unavailable to you. Want to Upgrade?

To: mike wood who wrote (616)	1/28/1999 11:57:00 AM
From: Edward W. Richmond	Respond to of 1208

Mike, if I were really convinced that there were no problems with financing, I would buy NOW. However, I have been misled and misinformed by too many small-cap companies. I will give Cameron a call. Sure hope you are correct. Regards, Ed

To: mike wood who wrote (616)	1/28/1999 12:32:00 PM
From: Edward W. Richmond	Read Replies (1) \| Respond to of 1208

Mike, I spoke to Cameron. The company is still talking to SEVERAL interested parties. I interpret that to mean that we aren't too close to closing a deal. Also, the Feb. 8th deadline could be extended. If we came to crunch time, we have several alternatives such as selling the Prescott building and leasing it back. This suggests that we should be able to avoid foreclosure if the bond issue falls through. My uninformed opinion is that we have a 50/50 chance that we will not close the bond issue by Feb.8th. Later? Possibly. Maybe 60%. Still hopeful, but VERY cautious. Regards, Ed