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


To: Investor Clouseau who wrote (6956)4/9/1999 1:55:00 PM
From: Auricman  Read Replies (2) | Respond to of 9824
 
People , people , people.

Current owners of TNRG have "0" shares of TIPS at this moment. When the DOR is announced if you still own TNRG on the announced date then you will have 1 TIPS share for every 4 TNRG shares you have on the DOR date. You will still own the 4 TNRG shares. If you sell TNRG now you get "0" TIPS shares.

The trading you see now is from free standing shares in the float "not free shares paid as a dividend.

If you want to buy now , call your broker.