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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: Gritten who wrote (6895)4/9/1999 11:59:00 AM
From: Gary West  Read Replies (1) of 9824
 
Since the spin-off date hasn't officially been announced, we won't receive any shares till then. You will keep all your TNRG shares and receive a dividend of 1 TIPS share for every 4 TNRG shares. That's money in the bank considering TIPS is currently trading at $5.00. As I understand it, the TIPS float is around 5 million which gives it plenty of room to run.

GW
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