Loren,
<<47 million isn't bad at all. If they keep cancelling shares
then maybe we'll get back down to 40 million.>>
Who are you trying to kid?!!! Just look at the introduction
to this thread by Alan Markoff...this stock started out with
29,084,648 and that was before the multiple announcements
of shares to be cancelled...now we are told that there are
47 MILLION Shares outstanding after shares were supposed
to be reduced to 25 Million from 29 Million....The share count
was supposed to go down to 25 Million according to the
Alan Markoff, who seemed to find this stock in the 1st
place, not that Alan has been seen much on this thread after
the original runup to .40...by the way, where is he? I did
click on his name and see an official looking disclaimer
about never receiving stock for promotion and that he is
in fact a 100% private investor...why does he feel the need
to do this???!! I still own TNRG and will continue to track
its progress, but until audited financials are published to
the SEC ...and this stock stops being excessively diluted,
how can anyone expect this stock to go anywhere??
Shawn
<< Started By: Alan Markoff
Date: Mar 17 1998 3:07PM ET
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 I have heared approx. (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.
The stock is presently at .07. Before buying any security do your research. I noticed their was no thread on this one and feel it was worth sharing. >> |
