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Microcap & Penny Stocks : TIPS Tianrong Internet Products & Services -- Ignore unavailable to you. Want to Upgrade?


To: T A P who wrote (86)7/16/1999 12:09:00 PM
From: lookin forward  Read Replies (1) | Respond to of 203
 
Since additional paper work has been filed would it be possible to see a list of the steps already taken as well as the remaining steps necessary to complete this registration process? What form numbers would one request if they were looking to submit something for FDA approval? It would be very helpful for the investors to see what has been done and help them understand the complexities of such an undertaking.
And about this $2.00 to make and package the Sea Eye game, How do you base this? How many games will have to be sold for this statement to be true. Games are labor intensive and take a great deal of programming so I believe your $2.00 estimate is way off base. What is the expected cost of the initial development? This must be taken into consideration if you are going to start throwing out numbers. You wouldn't be trying to mislead anyone here would you?
R.M.



To: T A P who wrote (86)7/20/1999 10:39:00 AM
From: T A P  Read Replies (3) | Respond to of 203
 
TIPS NEWS!!
Tianrong Internet Acquires Chinamalls.com
NEW YORK, July 20 /PRNewswire/ -- Tianrong Internet Products and Services, Inc. (OTC Bulletin Board: TIPS - news) announced today that it has acquired Chinamalls.com (http://www.chinamalls.com). The site has over 2,700 items for sale in 16 different categories. Shoppers can view the site in either English or Chinese. There is no special software required to download the Chinese written language listings.

Other features of the site include a search engine for the web site that can be accessed in both English and Chinese, a frequent shopper program for members of the site and a message board where buyers and sellers exchange information. In addition the web site offers affiliate, merchant and reseller programs, which become effective immediately through the sites online sign up feature. TIPS acquired the web site through the purchase of ChinaMalls Inc. TIPS also reports that current ChinaMalls management will continue to oversee the day to day operations of the site.

James Tilton, president of TIPS stated, ''It is obvious that we have been targeting the Chinese internet market for some time. The acquisition of ChinaMalls puts us ahead of our original schedule in marketing to the Chinese speaking internet market and an equally significant one marketing Chinese goods to the English speaking internet community. This acquisition is an important step in furthering our plans to do both. I am truly excited about this acquisition and wholeheartedly urge all to visit the site at chinamalls.com so that they can see for themselves the opportunity that is now before us and is now a part of TIPS.''

Tianrong Internet Products and Services, Inc. is a U.S. holding company whose strategy is the acquisition of domestic and international internet service providers and related companies.

For further information contact investor relations at 800-641-5844 or visit tipsstock.com.

This press release contains certain forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, which are intended to be covered by the safe harbors created thereby. Investors are cautioned that all forward-looking statements involve risks and uncertainties, including, without limitation, the ability of Tianrong Building Material Holdings to accomplish its stated plan of business. Tianrong Building Material Holdings believes that the assumptions underlying the forward-looking statements contained herein are reasonable, any of the assumptions could be inaccurate, and, therefore, there can be no assurance that the forward-looking statements included in this press release will prove to be accurate. In light of the significant uncertainties inherent in the forward-looking statements included herein, the inclusion of such information should not be regarded as a representation by Tianrong Building Material Holdings or any other person that the objectives and plans of Tianrong Building Material Holdings will be achieved.

SOURCE: Tianrong Internet Products and Services

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



To: T A P who wrote (86)7/27/1999 10:13:00 AM
From: StockDung  Respond to of 203
 
Truthseeker Report III: TIPS Exhibits

Exhibit 4:

METALLURGICAL INDUSTRIES BORROWINGS DECLARED IN DEFAULT
7/23/93 17:35

TINTON FALLS, N.J., July 23 /PRNewswire/ -- Metallurgical
Industries, Inc. (NASDAQ: MTALA) announced today that its outstanding
borrowings under a secured loan agreement with Midlantic National Bank
were declared in default, resulting in an acceleration of payment of
principal and accrued interest. As a result of the bank's action, a
secured debt owed to Ira L. Friedman, president of the company, was also declared in default with payment of principal and accrued interest
accelerated by him.
The board of directors of Metallurgical has directed the company's
management to proceed with the liquidation of specified assets
collateralizing these loans in order to meet these obligations. The
company intends to sell the balance of the equipment from its recently
discontinued Advanced Welding and Coating Services subsidiary as well as other machinery and equipment, inventory and other assets to meet the payment of its indebtedness as well as operating cash requirements. It is anticipated that manufacturing operations at the company's Tinton
Falls, N.J. plant will be sharply curtailed as a result of these
equipment liquidations. After the secured lenders have been paid,
management will review the company's options but cautions that the
actions being taken to satisfy these demands will probably result in the company's liquidation by no later than the end of the first quarter of 1994.
In a related development, two directors of the company, Mr. Paul A. Stach and Mr. Roman Friedrich III resigned from the company's board on July 21, 1993. Mr. Stach has been a director since 1962 and Mr.
Friedrich has been a director since 1992. The company has no current
plans to replace these directors.