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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: washdeck98 who wrote (7815)5/18/1999 4:15:00 PM
From: T A P   of 9824
 
The best answer that can be given to your question is from 4/22 PR below!
"The Company further stated that the distribution of the TIPS stock will not occur until a REGISTRATION STATEMENT for the TIPS stock has been declared effective by the United States Securities and Exchange Commission. We anticipate that the accountants for TIPS will complete their certification of TIPS financial statements by May 31, 1999. The REGISTRATION STATEMENT for the TIPS stock dividend will be filed shortly thereafter. The Company believes that REGISTRATION STATEMENTS are declared effective historically approximately 60 days after filing."
T A P has received 700K shares of TNRG and 1 mil shares of TIPS from the company for services provided for a period of 1 year. For a complete write-up on TNRG/TIPS and other Turn Around Picks and free membership go to T A P profile for url.
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