Transtech Industries, Inc. (TRTI)

[032798]

This poor company has had a lot of hurdles to overcome. And it is amazing they have lasted as long as they have. Unfortunately, the litigation and the constant possibility of future litigation, has really hampered any positive movement forward imo. Even the major lloyds proceeds didn't do much for the stock price when it happened. As well as the final tax settlement(which they are paying off by installments) with the irs. The other unfortunate thing was the loss of all the litigation concerning scp and the monies held in escrow that trti thought should be theirs. Imo, they are still burning cash and running out of money. The loss of public quarterly and annual reports was a sign to me that it may be coming to a head. All in my non-professional opinion.

Now this could be a great momo play because of the low o/s and float. Maybe it will come. Maybe it won't.

Good luck to all that are in.

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