"New Ways to Bet On Green" � August 6th, 2006 ThermoTech Technologies (<TTRIF>)
According to a recent Forbes Magazine editorial, �Royal Dutch Shell is finally seeing profits from its twelve year investment in developing the oil fields in Bonga, Nigeria. Their biggest current headache is still Sakhalin Island in Siberia which is believed to hold the world�s largest reserve of natural gas of 50 billion BOE. Shell is also operating the worlds biggest gas-to-diesel plant is Bintulua, Malyasia. They are now the largest, at 34%, LNG producer in the world.�
�Perhaps that is why <RDS.B> has also acquired a 51% stake in the extraordinarily tiny ThermoTech Technologies, also in Malaysia, paying fifty cents per share for a stock that�s traded at mere fractions of a cent for several years. <TTRIF> makes BioFuel from garbage (!) and other waste products like coconut and palm husks, left over from vegetable oil extraction��
The Pink Sheets refuse to talk about ThermoTech because it�s had serious problems in the past: insurance issues, lawsuits, construction lags. But perhaps Shell is guessing that with new funding <TTRIF> has a huge upside with a small downside. Even with a massive reverse stock split to recover value, by the time ThermoTech again meets Pink Sheets guidelines, <TTRIF> will have a professional website posted, some coverage � and then it will be too late to buy. Royal Dutch Shell paid 50 cents/share! BioDiesel from garbage! Why didn't I think of that?!
Thank you for some investigative financial reporting. When Big Oil, like Shell, gets further invested into ethanol, etc, those stocks will take off. <TTRIF> (ThermTech) is certainly high risk but so what? It's a thousand shares for a penny!! The most I can lose is five hundred dollars. But what if it ever gets to the 50 cents that RDS-B paid -- or even a tenth of that?!!! :-))) At even a penny a share, my $500 becomes worth a half million dollars. Nice!!