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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: John Algermissen who wrote (16)3/18/1998 8:06:00 PM
From: Jim B  Read Replies (1) of 9824
 
I don't think that's right... I was informed by the company that
BEFORE there were 7.5million and 2.5million I guess cancelled as
announced today... leaving 5... about 3.5 or so I was told were
held tightly by the company/insiders leaving about 1.5 million in the
float which has practically traded in 2 days. Could be why the
stock has moved up like it has. I have heard these figures with
very close numbers to mine in different places so I think when they
said 25% they just couldn't add right and it should have read about
33% or so... but anyway... if you're numbers are right then float
would still be under 4million... but again I think my numbers are
right... any confirm or deny these numbers? GaBard? RHARRIS?

jim
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