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

To: Wayne J. who wrote (4083)	12/10/1998 8:59:00 AM
From: Auricman	Read Replies (1) \| Respond to of 9824

Hey guys , glad to see civil conversation back on the thread again. I along with you are holding and buying at these levels. Nothing to add, except good luck to us and TNRG

To: Wayne J. who wrote (4083)	12/10/1998 10:38:00 AM
From: Edward Williamson	Read Replies (2) \| Respond to of 9824

As I understand it, Tilton has been waiting on the audit of the shopping mall in China to be able to finish the "consolidated" audit of the company. When that has been completed I think the Company will then begin their plans to spin off three divisions, as dividends to the TNRG shareholders. In other words, TNRG shareholders should be receiving shares in three new public companies FREE (since a dividend does not cost the shareholder anything). I think they plan to combine the Cavalcade of Sports film library with the USBL basketball team and call the new company "Tinrong Sports" or something like that. Then they will have a "medical" division and the third might be a "real estate" company. At any rate, completing the audit of the China mall is a major accomplishment as I'm told that getting a Chinease company's financials to comply with U.S. GAAP accounting rules is not an easy task.