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

To: The Steve who wrote (7943)	5/21/1999 3:36:00 PM
From: Colin Cody	Read Replies (2) \| Respond to of 9824

Like most everyone else here you state your OPINION. Well, here's the ACTUAL WORDS: James Tilton, president of TNRG, stated, "We apologize for any confusion that may have occurred, however TNRG at no time stated or implied that TNRG shareholders who sold their TNRG shares after the May 20, 1999 record date would still be entitled to the TIPS dividend shares. This is somewhat meaningless as we don't know if he is talking about the post 5/20/99 TNRG SHARES THEMSELVES or the PARTY WHO HELD those shares on 5/20/99 But the next sentence is CLEAR: The only fact that we did state was that all shareholders of TNRG common stock as at May 20, 1999 would be guaranteed the TIPS dividend shares." In this case CLEARLY he is referring to the PARTY WHO HELD those shares on 5/20/99, Further, the only way that an individual can receive the TIPS Dividend shares by purchasing TNRG common stock in the public marketplace after May 17, 1999 is if another individual sells their TNRG shares. For that reason we still feel that it was in the best interest of TNRG shareholders who wished to acquire the TIPS dividend shares to have purchased TNRG common stock in the public marketplace on or before May 17, 1999 in order to assure that they would be shareholders of record as at May 20, 1999." This convoluted paragraph is somewhat meaningless too, BUT the last sentence is CLEAR. To be ASSURED of the dividend you should own TNRG by 5/17/99 so you are a holder ON MAY 20, 1999. Steve, Please tell us which specific words you do not understand. Thank you Colin