TNRG Tianrong Building Materials Message Board

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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: WHITEAGLE who wrote (4604)	1/14/1999 10:05:00 PM
From: ISOMAN	Read Replies (1) of 9824

The other thing to keep in mind is this: NEW YORK--(BUSINESS WIRE)--May 1, 1998--Tianrong Building Material Holdings Ltd. (OTC BB:TNRG) announced today that it has finalized its agreement to purchase an 80% interest in Chongquing Dazheng Emporium Co. Ltd., a Chinese holding company for a shopping center located in the province of Szechuan. I can't recall if the interest payments on the Mall started on June 1st, 1998 or July 1,1998 We'll have to wait till the other divisions get tallied up, to get a clear picture as to how much TNRG made as a whole. The Real point to remember is that these Audits show how much revenue that the mall will bring in once the Debentures convert to 16 million shares at $3 Once they convert, there isn't an interest payment anymore and the revenues go right to TNRGs bottom line. Like I said long term, it is a good deal.

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