TNRG - Real company - Penny stock play -
STOCK RESEARCH: TNRG
Ticker: TNRG
Exchange: OTC:BB
Company Name: TIANRONG BUILDING MATERIALS
Street/Suite: 8 W. 38TH ST., 9TH FLOOR
City/State: NY, NY 10018
Phone: 212-398-7833/212-840-6541(FAX)
Contact person: JAMES TILTON (pres.)
Descr. of Bus: Development company - US owned. The company acquires businesses in numerous fields and applies its management expertise to quickly grow value of the acquired businesses. Plans to eventually spin-off some of its acquisitions via stock dividends. NOTE: this company's operating model is somewhat similar to NYSE traded Safeguard Scientific which has gone from $13 to $36 in the last 52 weeks. Businesses include building materials, setting up structures in China for clients like, OTIS, Motorola, Coca-Cola. Rolled steel buildings, cheaper than traditional methods. Subsidiaries in Virginia, and downtown NY.
Approx. Shareholder information:
Shares Issued: 29,084,648
Free/Trad. Float: 7,803,075 (2,500,000 certificated to be taken out VERY shortly - check with Transfer Agent) approx. 4,000,000 held by people @$1.50
Transfer Agent: Signature Stock Transfer
Phone#: (972) 788-4193
Contact: Jason
Impending News: Announcements on the closings of a 1) major sports/entertainment related acquisition and 2) breakthrough medical related company.
Sec filing: Plan on being reporting shortly
Website: Planning on a web site shortly
Disclaimer: The above information was obtained from the company's president - James Tilton.
Richard |
