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Microcap & Penny Stocks : TIPS Tianrong Internet Products & Services -- Ignore unavailable to you. Want to Upgrade?

To: T A P who wrote (50)	5/27/1999 1:50:00 PM
From: T A P	Respond to of 203

ATTENTION SPINOFF UPDATE! Ex-dividend date will not be retroactive according to NASD. It will be after SEC approves registration which is anticipated within 60 days of filing. Ex-dividend will be announced when established and will be either next business day after SEC approval or day after Pay Date depending on if TNRG share price is 25% lower or higher than TIPS. If TNRG is lower it will be next day, and you must be shareholder of record on that day, so to allow for trade settlement you would need to have owned TNRG 3 days prior, so if you wait till ex-date to be announced to get back in you may miss dividend under this scenario. If TNRG is 25% or greater in share price than TIPS you should have about a weeks notice of ex-dividend date as it will occur day after Pay Date.This information was from NASD and T A P recommends you verify all information with your financial advisor and or NASD. T A P has received 700K shares of TNRG and 1 mil shares of TIPS from the company for services provided for a period of 1 year. For a complete write-up on TNRG/TIPS and other Turn Around Picks and free membership go to T A P profile for url.