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Microcap & Penny Stocks : TNRG Tianrong Building Materials
TNRG 0.0300+14,900.0%Jul 17 12:46 PM EST

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To: *ROSARIO* who wrote (4312)1/10/1999 11:59:00 AM
From: Loren S.   of 9824
 
TNRG is not going bankrupt any time soon. They still have plenty of shares left authorized if they need money. The fact is that they have not diluted much in the past two months. I think the audited numbers on the shopping mall coming possibly as early as next week will tell us a lot about the financial condition of the company. The shopping mall is their biggest asset and a very significant asset at that ($144 million in revenues the previous year). All your talk about how the stock has performed up till now may be true, but tell us nothing about how the stock will perform in 1999. In my opinion while TNRG remains a very risky stock, it also is extremely undervalued on paper and has more percentage upside potential than any stock I've ever come across. Of course Tilton has to produce to create the value we're all hoping for. From what Lance is indicating, we may begin seeing the results of his efforts in the coming weeks. I disagree that this stock may not perform as soon as tomorrow. I'm hoping for positive movement on this stock beginning tomorrow with the audit results coming this week. IMO this may be the last chance folks have to get in below $.02.
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