I have been a lurker here for a long time (and will again after this) and a TNRG shareholder for almost as long. I understand everyone's frustration over the share price the last few months. I bought in at .18 and watched it go to .30 then back down to its current price of .02/share. Pennystock shareholders are an impatient group. If a big contract doesn't happen within a short period of time, they move on. It's very rare that a pennystock is worth keeping long term. I think TNRG is one of those rare Pennystock companies.
Let me speculate for a moment.
Isoman did a little math earlier, figuring how much income TNRG would need to make to be worth $3.00 a share. I'll make the math even simpler. What would it take for TNRG to be worth 20 cents a share? That's ten times its current stock price..
At 50 million shares and using a 20 times multiple, TNRG would need to earn one penny a share (.01/share) or $500,000. Do you think TNRG is capable of making $500,000 next year?
Lets see.
The shopping center is making money now, not a lot of money because of the interest payments, but it is making money.
Calvacade of Boxing is bringing in revenue now with the possibility of more stations showing the videos.
The Basketball team will bring in revenue. With Asian banks and corporations possibly sponsoring the team, Mr. Tilton thinks this could bring in big profits. The season starts in May of 99.
These are given revenues!
The Sea-Eye project: Mr. Tilton said the project is going very very well, and the scientists know exactly what the navy wants. With my very limited experience in government contracts, I believe the navy already
wants the sea-eye, TNRG has to meet certain specs before the Navy is willing to buy. Remember, Mr. Tilton said other countries are interested in this project too, and that he believes this technology is worth millions or more!
CD-ROM game. Mr. Tilton said they have been making CD games for years and they are looking for marketing partners right now. According to him CD ROMs have huge profit margins.
The Personal EKG device should be FDA certified by the end of the year (2 ½ months). Mr. Tilton states that even without any contracts they are currently discussing with people, the FDA approval should help lift the stock.
Contracts they are discussing with people? Could it be that potential customers are waiting in the wings until FDA approval? And what about the market in other countries for this $200 device? You think China could be interested (Remember, Mr. Tilton has very strong ties there)? The market for this device could be huge!
Now do you think TNRG is capable of making $500,000 nest year? I think Isoman was much closer when he said $10,000,000.
All of the above and the share price is .02/share!!!
Much of the above info I got from the conference call 1-800-475-6701 code 411456.
Yes I know, its all speculation and I'm relying a lot on what Mr. Tilton says. But that's the way it is with most pennystocks.
One last thing. Mr. Tilton has told several people he does not plan on a reverse split, yet in the conference call he emphasized the fact that it was important to convert the debentures so the profit from the shopping center can be realized. It is my opinion (as everything written above is also) that Mr. Tilton believes the stock will go to $3.00/share without a reverse split…….. Big things happening in the future?
I'm through speculating now.
Do the research, listen to the conference call again, and then decide for yourself if this stock is worth .02/share.
Good luck with your investments everyone.
Dave-O
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