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

To: Pawl who wrote (689)3/1/1999 2:32:00 PM
From: Saverio  Read Replies (1) | Respond to of 1208
 
Pawl:
I think this is payable by TCT, therefore the rescheduling means helping the cash crunch situation, and, if anything, it should be positive rather than negative on the share price.
Now, the cash crunch itself is undoubtedly a cause for the low price.
Just my opinion.

Saverio



To: Pawl who wrote (689)3/1/1999 2:46:00 PM
From: Edward W. Richmond  Respond to of 1208
 
Pawl, I guess you might call it "dilution pollution", but I assume that this is required because of the bond issue has not been completed. I believe this is a major result of what I call the financing fiasco. Hopefully, we won't see any more before the financing is done.
Although Q3 looks encouraging, we can't afford many more developments on this kind.
Regards, Ed


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