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

To: Sigmund who wrote (2688)	6/28/1998 2:51:00 PM
From: SnakeInATuxedo	Read Replies (1) \| Respond to of 9824

<< If MFN passes, the climate for investments in China will improve dramatically. >> If it is passed, it will improve things, but it will unfortunately be immediately offset by the impending devaluation of the yuan. This is the real "wild card" now. And the Chinese have no real option but to devalue, the only question is: how soon? Japan's capital is evaporating as its people search the world over for a return higher than they can get on the yen. Every other Asian economy, already decimated, is being pushed even closer to insolvency by the relative strength of the yuan. When the devaluation has occurred, then there will be further opportunities in China. Until then, it simply makes sense to keep the powder dry. Why pay $1 for something you know you will probably be able to buy for $.75 or even less in a month or two? This is why no one cares about the shopping centre deal, Tilton paid more than he needed to, and now we're stuck with an asset that's about to take a currency haircut.

To: Sigmund who wrote (2688)	6/28/1998 3:32:00 PM
From: O'Brien	Read Replies (1) \| Respond to of 9824

<<<<Why do you see a profit? Which operations have revenues? It seems the shopping center is the only major operating entity but that deal isn't even done yet is it? On May 8, 1998, the Company acquired an 80% interest in Chongquing Dazheng Emporium Co., Ltd., a Chinese holding company which owns a 200,000 square foot shoppingÿ center located in the Province of Szechuan. The shopping center has $144 million in revenue and $ 5 million in net revenue. SOUNDS LIKE A DONE DEAL TO ME.

To: Sigmund who wrote (2688)	6/28/1998 3:32:00 PM
From: TraderGreg	Respond to of 9824

Issued or not, restricted shares can be CANCELLED by the Transfer Agent upon instruction of the company. In essence, it is not unlike an escrow situation. TG

To: Sigmund who wrote (2688)	6/28/1998 3:40:00 PM
From: O'Brien	Respond to of 9824

Hey, what do ya know, this looks like revenue too! NEW YORK--(BUSINESS WIRE)--June 2, 1998--Tianrong Building Material Holdings, Ltd. (OTC BB:TNRG - news) announced today that Cavalcade of Boxing, 50% owned by TNRG, has signed three broadcasting contracts for its boxing program. The three contracts are with: -- WAMI-TV Miami of USA Networks (NASDAQ:USAI - news) -- WTVE of Philadelphia, and -- Cable Television Network of New Jersey With respect to all three contracts, Cavalcade of Boxing will provide boxing programming for a 13 week period containing advertising sold by Cavalcade. Steven Bass, President of Cavalcade, stated, ''We are extremely pleased with the signings of these contracts and the quality of broadcasters interested in our product. It is a strong first step in introducing Cavalcade of Boxing, with color-host Burt Sugar, to broadcast television. We hope to have many more such contracts in the future.'' 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. Tianrong has announced future stock dividends in three subsidiaries and on a long-term basis may elect to issue stock dividends in other subsidiaries.

To: Sigmund who wrote (2688)	6/28/1998 3:43:00 PM
From: O'Brien	Read Replies (1) \| Respond to of 9824

HEY , Wait could this be more revenue? On April 15, 1998, TNRG acquired a 90% stake in a franchise of the United States Basketball League (OTC BB: USBL). The USBL is the first and only publicly traded Sports league allowing fans to become owners.