TNRG Launches Healthysite.com
NEW YORK, Mar 15, 2000 /PRNewswire via COMTEX/ -- Tianrong Building Material
Holdings, Ltd., (OTC Bulletin Board: TNRG) announced today that it has
officially launched Healthysite.com, (http://www.healthysite.com) as its Health
and Medical E-Commerce website. The primary objective of the website will be to
provide a complete health and medical resource on the Internet, offering a
dynamic database driven web portal for those in need of health and medical
information, products and services.
TNRG would like to remind its shareholders that this health and medical website
will be a part of Tianrong Medical Group, Inc., along with the recently FDA
approved personal computer based electrocardiogram monitor known as "The
Tracker." All TNRG shareholders as of the record date of March 31, 2000 will
receive one (1) right to purchase one (1) share of the common stock of Tianrong
Medical Group, Inc. for every four (4) shares of TNRG that they own for $0.05.
Affiliates and controlling shareholders, which include management, shall not be
eligible to participate in the Rights Offering.
James Tilton, President of TNRG, stated, "I am pleased that we were able to meet
our goal and have Healthysite.com on line more than two weeks before the March
31st record date. In our opinion, it will be as fine a health and medical
website as there is today and it will only get better."
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. |
