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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: jmhollen who wrote (3528)10/14/1998 2:49:00 PM
From: Loren S.  Read Replies (3) of 9824
 
The stock continues to perform very poorly. Hard to say if overall bear market in small caps is responsible or if something associated with TNRG is responsible. Usually I sit back and sift through other folks DD. But I have a fairly large stock holding here and I admittedly have been getting more and more nervous as the stock gets closer to 0. I called Tilton last week and was given limited info as others have gotten from him. In fact from that call I personally could not rule out that we have been scammed. Today I once again called the U.S. Basketball League. They are the only other independent source that I could think of to call to verify TNRG's announcements. I was told by Sean Fisher at USBL again that TNRG has in fact purchased a team. He further told me that TNRG has fulfilled all of the financial obligations expected of them. He said that they are currently in negotiations to determine a city that the team will play in. He said an announcement clarifying the team should be forthcoming in the next several weeks. All I can say is I feel better. I think we need to do more DD because the company sure isn't providing us with the info.
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