Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

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

To: tb who wrote (7386)	4/22/1999 11:48:00 PM
From: Moosie	Respond to of 9824

James Tilton, president of TNRG, commented "I am pleased that after months of diligent efforts by Tianrong's officers, directors and legal and financial advisers, the company has been able to work out the many intricate and often cumbersome details that frequently accompany stock dividends of this nature. It is TNRG's belief that spin-offs planned for the future, of other divisions will go much smoother now that we have the mechanics in place. In the meantime TIPS continues to grow nicely within its parent TNRG and we continue to evaluate further potential acquisitions for TIPS that should make the company even stronger and more of a force in the e-commerce world." Tianrong is a business development company that has set as its goal the acquisition of businesses in numerous industries and plans to apply Tianrong's management expertise to quickly grow value in the acquired businesses. Tianrong has announced future stock dividends in three subsidiaries and on a long-term basis may elect to issue stock dividends in other subsidiaries. Everyone should be confortable with their holding or selling, personally, I bought because of the EKG machine, the Sea Eye project, the Internet Mall spin-off is a bonus..time will tell! I would guess we will know early tomorrow how most are thinking, but don't forget there are still games being played here