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To: ISOMAN who wrote (3551)10/15/1998 5:09:00 PM
From: Grabs  Respond to of 9824
 
I came away remaining a little skeptical, but optimistic. It would have been nice to have a Q&A session during the call. I'm sure Tilton didn't want to be bombarded, but some form of interaction would have been beneficial IMO.

Another area not discussed was the issue of outstanding shares. What is the story with the cancellation of shares, or the apparently higher number of shares outstanding per the web page?

Also, how are day to day operations being financed. I'm glad to hear that we're progressing towards FDA Certification (not approval), but medical R&D and a staff of scientists must be costly to maintain. It does not add up - where is the cash flow coming from?

Regarding the USBL, a team full of Chinese players? Does that Chinese investment company own the team? Their role in the USBL team purchase and in TNRG in general seems confusing. Are they equity holders?

Unfortunately, I came away with a lot more questions than answers. The call, while nice to hear personally, seemingly was a regurgitation of prior SI posts all combined. Not new information.

Long, waiting hopefully, and deciding whether or not to average down-

Grabs



To: ISOMAN who wrote (3551)10/15/1998 5:11:00 PM
From: Grabs  Respond to of 9824
 
One more thing briefly.

I wonder why there was no mention of LBI? Any ideas?