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To: Jane4IceCream who wrote (2307)3/25/1998 4:41:00 PM
From: Dana  Read Replies (1) | Respond to of 34592
 
Anyone:
What effect do you think the reverse split of GMTID will have on those of us left long after today's race between Joe's fingers, Email, and slow brokers?

The announcement that Joe posted looks good, but I guess that the reverse split and its timing is screwing up my head!!

Dana

P.S. Sorry for stepping on you jump rope, but juat want to get the message out to the group.



To: Jane4IceCream who wrote (2307)3/25/1998 4:42:00 PM
From: Peter C.  Read Replies (1) | Respond to of 34592
 
Jane..maybe this will help...

Tianrong Building Material Holdings, Ltd. Announces
Cancellation of 9 Million Shares of Outstanding Stock

Business Wire - March 25, 1998 16:26

%TIANRONG-BUILDING TNRG %CALIFORNIA %BUILDING %CONSTRUCTION V%BW P%BW

Jump to first matched term

NEW YORK--(BUSINESS WIRE)--March 25, 1998--Tianrong Building Material
Holdings, Ltd. (OTC BB:TNRG) announced today that it has cancelled 9,186,814 shares of
previously issued Tianrong stock.

This stock cancellation is in addition to the 2.5 million shares of Tianrong stock cancelled last
week. In total 11,686,814 shares of Tianrong stock has been cancelled in the last 10 days.

According to Tianrong the cancellation of this stock will reduce the total number of Tianrong
shares outstanding to approximately 35 million. The 9,186,814 shares cancelled today had
previously been held by parties who were owners of the stock for more than 2 years. Thus,
the cancellation of this stock prevents the stock from entering the float.

Tianrong is a business development company that has set as its goal the acquisition of
businesses in numerous industries and plans to apply Tianrong's management expertise to
quickly grow value in the acquired businesses. It is anticipated that on a long-term basis some
of its acquisitions may be spun-off to Tianrong shareholders via stock dividends.

For further information on Tianrong, please contact James Tilton at 212/398-7833.

CONTACT: Tianrong Building Material Holdings Ltd.
James Tilton, 212/398-7833



To: Jane4IceCream who wrote (2307)3/25/1998 4:56:00 PM
From: John Hanzl  Read Replies (1) | Respond to of 34592
 
Jane -

Any thoughts you might care to share on WHEN news is due out on TNRG?

Better check out the TNRG thread - news is out and you may like what you read ;-)

Just don't trip on your jump rope!

JohnnyH - now if I can just get you to skydive!

PS - Congrats to all TAVA folks! Our baby is growing up!