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

To: TraderGreg who wrote (7899)	5/20/1999 9:00:00 PM
From: susan mc	Respond to of 9824

i dont think the level of restrictions have been thrown around yet..... i guess we will have to wait for TAP to enlighten us. susan.

To: TraderGreg who wrote (7899)	5/20/1999 10:50:00 PM
From: JJPLay	Read Replies (3) \| Respond to of 9824

Can someone please tell me the difference between the Date of record (DOR) and the ex-dividend date. Why were the May 17th and May 20th dates so significant ? Please let me know...I am terribly confused. TIA JJ

To: TraderGreg who wrote (7899)	5/21/1999 7:43:00 AM
From: TOPFUEL	Read Replies (1) \| Respond to of 9824

NEW YORK, May 18 /PRNewswire/ -- Tianrong Building Material Holdings, Ltd. (OTC Bulletin Board: TNRG - news) announced today a clarification with regard to its stock dividend of one share of Tianrong Internet Products and Services, Inc. (OTC Bulletin Board: TIPS - news) for every four shares of TNRG common stock owned. In order to be a shareholder of record as at May 20, 1999, purchases of TNRG common stock would have had to been made no later that May 17, 1999. This is due to the fact that ownership of stock purchased in the public marketplace is based on settlement date (trade date plus 3). Therefore any shareholder of record as at May 20, 1999 is guaranteed to receive the TIPS dividend. biz.yahoo.com David