To: Wayne J. who wrote (4648 ) 1/18/1999 9:25:00 AM From: Minty Read Replies (2) | Respond to of 9824
I saw something a while back that makes me think this stock is going to hit it big. I'm surprised no one here made an issue of it. Perhaps I'm seeing things! The biggest asset for TNRG, by far, is the shopping mall. It's Tianrong's cash cow (in a matter of speaking). Mr. Tilton needs this stock to go to $3/share, the sooner the better. The quickest way to accomplish this would be a reverse split (By the way, I am not advocating this). At .05/share Mr. Tilton would have to do a 60-1 reverse split. The debentures would convert, leaving TNRG with about 17,048,845 shares after everything is said and done. Now we have 4 million in net revenue coming in from the mall and cash coming in from the other ventures. This stock may well be worth more than $3/share. And of course now you have the added benefit of applying for a NASDAQ listing. Mr. Tilton has nothing to loose and everything to gain by doing a reverse split. With all the obvious benefits (for Mr. Tilton that is) of a reverse split, you would think that it was almost a given that it would happen. But, Mr. Tilton has said several times to several different people, "NO REVERSE SPLIT". To me this all adds up to one thing; there is something big coming down. If Mr. Tilton believes this stock can go to $3/share without a reverse split (and he knows this company better than any of us) then he must believe some of the other business ventures are going to come to fruition. I can think of no other reason for not doing a reverse. I know some of the more astute investors out there can counter my speculative thinking, but this is, after all, a speculative stock. And if Mr. Tilton is only half right, wouldn't you be happy with $1.50/share? Just my thoughts, back to my lurker status again. Dave-O