TNRG Becomes Reporting Company
March 13, 2000 09:51 AM
NEW YORK, March 13 /PRNewswire/ -- Tianrong Building Material Holdings, Ltd, TNRG announced today that it has become a fully reporting company pursuant to Section 12(g) of the Securities Exchange Act of 1934 as amended. As a fully reporting company, TNRG will maintain its trading status on the over-the-counter Bulletin Board in compliance with OTC BB Eligibility Rules as promulgated by the National Association of Securities Dealers, Inc.
TNRG would like to remind its shareholders that its Health and Medical website, expected to be launched later this week, will be part of Tianrong Medical Group, Inc., along with the recently FDA approved personal computer based electrocardiogram monitor known as "The Tracker."
James Tilton, President of TNRG, stated, "I am pleased that we were able to be compliant with our listing requirements on time. Now we can all focus on the launching of our Health and Medical website and the Rights Offering."
Tianrong is a business development company that intends to engage in the acquisition of businesses across several sectors and, through the application of its management expertise, to enhance shareholder value.
For further information contact investor relations at 800-324-3464 or visit tnrg.com.
This press release contains certain forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, which are intended to be covered by the safe harbors created thereby. Investors are cautioned that, all forward-looking statements involve risks and uncertainties, including without limitation, the ability of Tianrong Building Material Holdings to accomplish its stated plan of business. Tianrong Building Material believes that the assumptions underlying the forward-looking statements contained herein are reasonable, any of the assumptions could be inaccurate, and therefore, there can be no assurance that the forward-looking statements included in this press release will prove to be accurate. In light of the significant uncertainties inherent in the forward-looking statements included herein, the inclusion of such information should not be regarded as a representation by Tianrong Building Material Holdings or any other person that the objectives and plans of Tianrong Building Material Holdings will be achieved.
SOURCE Tianrong Building Materials Holdings, Ltd
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