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Microcap & Penny Stocks : TNRG Tianrong Building Materials -- Ignore unavailable to you. Want to Upgrade?

To: john denton who wrote (826)	3/30/1998 11:45:00 PM
From: Jim B	Read Replies (2) \| Respond to of 9824

TO ALL!!!!!!!!!!!! just forwarded this on to my partners to get over 360 emails out tonight or early tomorrow.. so many many people will see this... just got off the phone a few hours ago w/ the company so here we go... however, I am only going to do this once... I know many of you are anxiously awaitng my current DD on this one.. so here goes.. you're getting it BEFORE everyone else in my email.. that's unusual.. but my partner who sends out emails probably won't be available til tomorrow and I didn't want you all to have to wait. TNRG: update 3/30/98 Well .. here is the press release that went out today... go ahead and read this again to put the facts back to the forefront of your mind and continue along with my comments at the end... take care Monday March 30, 4:16 pm Eastern Time Company Press Release Tianrong Building Material Holdings Ltd. Enters Into Letter of Intent to Purchase 80% of Shopping Center Located in the Peoples' Republic of China NEW YORK--(BUSINESS WIRE)--March 30, 1998--Tianrong Building Material Holdings Ltd. (OTC BB:TNRG - news) announced today that it has entered into a letter of intent to acquire an 80% interest in Chongquing Dazheng Emporium Co. Ltd. Chongquing's major asset is a shopping center located in the Chinese province of Szechuan. The shopping center currently generates annual revenues of approximately $144 million and annual profits of approximately $5 million. The acquisition is to be financed via a $48 million convertible debenture. The conversion price of the debentures will be $3 per share. James Tilton, president of Tianrong, stated: ''Tianrong's philosophy continues to be the acquisition of any business entity where the potential for a significant increase in the value of the acquisition target exists. The Chongquing acquisition with its shopping center in the province of Szechuan meets this criteria.'' 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, 212/398-7833. Contact: Tianrong Building Material Holdings Ltd. James Tilton, 212/398-7833 NOW we should begin to see a change of attitude on this stock. I know that this has been very bumpy and again I agree with many of you that the issue of the shares outstanding SHOULD have been handled better but it is now water under the bridge... an approximate 8 to 10million shares still have yet to be sent to the Transfer agent for cancellation.. So when that happens it will only continue to help our cause and will help to counter the 16million restricted shares (48million / $3 shares - 16million shares) for this Chongquing deal. So basically we issue 16million shares that are NOT cashable until the stock reaches $3.00; this tells me that this CHINESE company is also convinced that TNRG will see $3 share or they would NOT have agreed to the deal. Like I've said all along James Tilton is a great deal maker. I expect TNRG to significantly improve Chongquing's revenues and profit margin which as stated was $5million ... so $4million of that would be ours approximately. Which without complicating things adds another 10cents share about to TNRG's book value NOT to mention that I've left out any assets the company gets. We will probably see some resistance now at the $3 level as many people would anticipate that Chongquing may want to cash at that point.. but they may or may not do so. Why cash at $3 if you think the stock will go higher? So to spend time on this issue would be silly. Who knows when they will cash out. Fact is they CANNOT until stock hits $3 share and I'm sure alot of you here would have taken some profits by then. This letter of intent is simply a formality and way of stating that both sides have agreed to this deal and that the lawyers are working out the paperwork. I am told this is a done deal and that within a few weeks if not sooner we will get the final confirmation. Financials (10k or 10q's) again are on track to be released this April and company is starting its processes to become fully reporting (big plus!) Also I should point out that James Tilton CEO always makes a point of having his people or himself always meet in person with any company that they are going to do or are doing business with. THey do not just sign these contracts over an ICQ chat line and fax over each others signatures. They work diligently to find the best companies with the most potential.. but ones that really could use the expertise of TNRG to further grow and develop. You can bet that TNRG will work aggressively to maximize profits and revenues from Chongquing and Nighthawk and any other contracts. Navy talks are continuing and are going well. We do plan to hear some good news on this in the near future but company cannot say too much on this until things move forward a bit more. The company has also stated that today's press release IS NOT the pinnacle of things to come.. but simply a representation of great things to follow. They said that this is just the beginning and that still more good news will be announced in the near future. TNRG continues to show us their concern for stock holder value and I have rarely seen such a company to keep in close contacts with its investors (I get calls from them on nights and weekends and have their pager #'s and they have mine)... They have never tried to hide anything that I think should be public and when they don't know.. they tell me. I have been very impressed by them... nervous about the way investors trade this one... but impressed with TNRG nonetheless. I think if investors will believe in this company and stick faithfully to their investments in TNRG then things will work out just fine. I personally bought more today at .20 and .22 but that's just me. You do as you will. Nasdaq listing of $3 share is HIGH on their priority list and they are working quickly to try and reach that... I've been told that they are hoping this will happen in a matter of weeks.. not months or years.. but there are never any guarantees of course. Also has anyone noticed that they keep mentioning that some other companies might be spun off into stock shares and passed out to TNRG stock holders. I inquired about this and they said that there was a reason that this statement keeps occuring and to look for the reason why in the very near future. All in all.. and I hope I haven't rambled.. I'm very bullish on TNRG and simply suggest that all of you take precautions as to where you buy and sell on TNRG and I only say that due to the volatility of it. Simply put... don't rush in if you decide to buy... don't rush out if you decide to sell.. Put alot of thought into it.. Look at volume and trading patterns... validate the news you get. Contact the company and judge what others are saying IF they have credible info/facts/reasons. Take care and keep in touch.. jimb123@collegeclub.com (all are welcome to join this email service.. they need only request to be added) No buy or sell recommendation was listed in this posting. I am NOT an investment advisor and you should always consult one before investing.. especially in BB stocks as they are HIGH RISK. As always do your DD before investing and I am in no way affiliated or compensated by TNRG nor have I every been. I simply am here to share my thoughts and info... hope you all will do the same. As always I'll post more info as it becomes available.. if I've left anything out.. feel free to ask me and I'll do my best to check on it. Hope this helps. jim