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

To: prudentinvestor who wrote (2885)	7/15/1998 1:08:00 PM
From: Sonny Birbarro	Read Replies (2) \| Respond to of 9824

If you check out the USBL info described in a previous post stockwire.com (sorry, haven't learned how to turn it into a link) and you look under "Become an Owner", you will see that the USBL is offering franchises at $300,000. Using your arithmetic (10c per TNRG share) and a 90% investment, that adds only 2.7 million shares. However, I believe the USBL investment was made when TNRG was at 15c per share or higher. At 15c, a 90% buy-in would amount to 1.8 million shares.