And guess what else I noticed.
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.
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Alan Markoff started the thread on March 17th, 1998
At that stage the total o/s was 29 million
This means that Alan called the transfer agent on March 17th at the latest.
on March 18th, TNRG acquired an interest in Nighthawk
on March 19th, TNRG increased it's stake in Nighthawk
As It was stated earlier, the increase in shares was due to acquiring income producing assets which include:
Nighthawk
USBL franchise.
Calvocade of boxing
not to mention work on the sea eye project
the tracker
the foot flexion device
fingerprint device
cell device
SEA EYE game CD
I hardly call the share increase alarming in as much as they were used to further the company |
