TIPS NEWS ~ MUST READ~
TIPS NEWS!! MUST READ!!
TIPS Engages New York Stock Exchange Member HD Brous as Investment Banker
NEW YORK, Dec. 14 /PRNewswire/ -- Tianrong Internet Products and Services, Inc. (OTC Bulletin Board: TIPS - news) announced today that the company has retained HD Brous & Co., Inc., a New York Stock Exchange member firm, to advise on certain strategic and financing alternatives available to the company. HD Brous & Co., Inc., based in Great Neck, NY, has 100 professionals located in six offices throughout the United States.
Tianrong Internet Products and Services, Inc. (TIPS) presently own four internet-related companies. A-Web Internet Services (aweb.com), established in 1995, is a leading New York City Internet service provider. A-Web provides a wide range of Internet access services, including dedicated ISDN lines and high-speed digital T1 lines. AAAMALL.net, Inc (http://www.aaamall.net), an online shopping site, links viewers to many large and well-known U.S. retailers with established on-line presence, including Staples, L.L. Bean, The Sharper Image and Brooks Brothers. Chinamalls.com, Inc. (chinamalls.com), features over 2,700 branded items for sale in 16 different categories. Shoppers can view the site in English or Chinese. Chongqing Word Technology Co., Ltd. (wordtech.com.cn), is a China-based Internet service provider and e-commerce developer. The company currently has 40,000 merchant customers.
Tianrong Internet Products and Services, Inc. is a U.S. holding company whose strategy is the acquisition of domestic and international Internet service providers and related companies.
James Tilton, President of TIPS stated, ``I am ecstatic that after weeks of negotiations we were able to bring a firm with the credentials and experience of HD Brous on as our investment banker. Having a New York Stock Exchange member firm as our financial advisor will be a tremendous advantage to TIPS in all of our future endeavors.'
For further information, contact investor relations at 800-324-3464 or visit tipsstock.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 Internet Products and Services to accomplish its stated plan of business. Tianrong Internet Products and Services, Inc. believes that the assumptions underlying the forward-looking statements contained herein are reasonable, any of the assumptions could be inaccurate, and therefore, there can 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 Internet Products and Services or any other person that the objectives and plans of Tianrong Internet Products and Services will be achieved.
SOURCE: Tianrong Internet Products and Services, Inc.
T A P has received 1 mil shares of TIPS for services provided for a period of 1 year. For a complete write-up on TIPS and other Turn Around Picks and free membership go to T A P profile for url.
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