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


To: David Alon who wrote (5542)5/19/1999 6:44:00 PM
From: CAYMAN  Respond to of 6467
 

DIMWIT, TT HAS JOB OPENINGS FOR YOU

by: ReformIsAlive

YAHOO Message # 495 of 499

Biomorph did not slander anyone. Slander is for spoken words. What you mean is libel. However, the truth is always a defense against libel. Even had BM libeled someone, which he did not, it is a civil complaint and not criminal in nature. No one is going to the "Big House" and damages to RB by BM's statement must be proven by RB.

Here are some more facts which you may consider libelous. TT's press release of 6/22 was false. Kevin Simpson was not the CEO on 5/15 and the BoD did not tender their resignations. TT issued and sold shares on the pending news. That will suffice as the motive for an allegation of fraud against RB personally, and TT. Every shareholder who held the stock because of the news or purchased stock on the news has demonstrable damages.

In my opinion there was a complete lack of good faith when issuing that PR. Good faith must be present to seek protection as a forward looking statement. If a person "knows or SHOULD HAVE KNOWN," that a statement would not be true, he is liable for compensatory damages and perhaps even punitive damages.

Kim
odcom@earthlink.net

Posted: 05/19/99, 5:14PM EDT as a reply to: MSG 490 by GetMoreProjects

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More Slander

by: GetMoreProjects (46/M)

YAHOO Message #490 of 499

The price will eventually move up I am sure but your slander is certainly not helping things. I am sure the grand opening will shut a lot of people up except for the picketers. Rene has many choices for the direction of the company and these things take time. Please be patient. And stop with the slander or YOU may end up in the big house.

Posted: 05/19/99, 4:00PM EDT as a reply to: MSG 489 by biomorff






To: David Alon who wrote (5542)5/19/1999 7:07:00 PM
From: CAYMAN  Read Replies (1) | Respond to of 6467
 
By: TT_NeedsReform

Reply To: 1072 by teeder

Wednesday, 19 May 1999 at 4:43 PM EDT

RAGING BULL Post #1075 of 1079


Let us not lose sight of the fact that Ted is full of it. Ted has stated he is paid by TT, with shareholder's money, to help RB out and speak to the shareholder's. He spins a fanciful yarn of TMP's projected at $30M. Who made this projection? This must be the super powered TMP's to go along with Ted's raft of the super hype.

Kim
odcom@earthlink.net


**********************************************************************

By: teeder
Reply To: None Wednesday, 19 May 1999 at 4:04 PM EDT
Post # of 1079


Let us not lose sight of the fact that TTV has an agreement with TT whereby they undertake to use their best efforts to find waste and arranging financing. They subsequently announced that they had arranged $200,000,000 in financing for the building of plants on a 50-50 joint venture basis.

Nothing is preventing them from doing so. So why don't they get on with it. Maybe some of you DD hounds should ask Kevin about this.

The problem arose when they wanted to take over TT suggesting that it was necessary because the lender wanted it that way. The loan commitment is not to TT but to TTV. They argued that in order for them to finance the plants owned by TT that the lender required them to control TT. Why doesn't the jt venture between TTV and TT just buy the plants from TT and then finance them. Why do they have to take over TT creating all kinds of conflict issues (Kevin running both TT and TTV) and worrying the shareholders and the Directors as to whether they will act in their best interests. Let's face it. In business, no one is altruistic. Everybody wants to cut the best deal possible for themselves. As a shareholder, I don't want to give away the store just when we are near break-even. The longer we hang on the better the deal that we can cut. Its very difficult dealing from weakness.

If the jt venture were to buy the plants on an earn out basis where they put some money down now and then the balance when the plants are operating at full capacity (in six months) so that they can be given an economic value. Then these funds can be used by TT to retire the debenture and other liabilities and to do the share repurchase. This is the deal I would like to see. If the plants are earning $30 million after taxes which is the present projection then they would be worth at least $300 million which is more than $1.00 per share.

Once again, why doesn't TTV just carry on and build and finance plants.