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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: Playin my Cards who wrote (396)3/26/1998 12:25:00 AM
From: Alan Markoff   of 9824
 
Mike;

From my understanding TNRG did not issue any stock for Nighthawk Entertainment Corp.

Nighthawk Entertainment Corp. by buying an additional 30% of the shares outstanding. This brings the total number of shares owned by Tianrong to approximately 96%.

The main reason I liked this Company was reduction of shares. The news release is a little confusing since the TA states around 26 Million. Also the reduction as stated in the news release has been done in the last 10 Days I am sure the full effects haven't been felt yet in regards to the stock (reducing the total shares).
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