There's no reason to believe it would have them anymore so than perhaps Dianabol. Tbol is simply dianabol which has an added 4-chloro alteration which inhibits conversion to estrogen. So you'll gain the same amount of lean mass as you would on Dbol, when you use Tbol, but you'll get none of the bloating or excess water retention. I don't see why the 4-chloro alteration would cause fat loss, and since thats the only difference between Tbol and Dbol, we can assume there's no fat loss happening here over that which would be experienced with Dbol. You'll look leaner on Tbol, but thats likely due to muscle gains w/o water and fat gain, not fat-burning.