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


To: Pashoe1 who wrote (8052)5/25/1999 5:48:00 PM
From: BishopsChild  Respond to of 9824
 
but the dillusion of TIPS shares is expected due to the TNRG
dividend.


Now why is this.......? There should be no dilution.
My understanding is that TNRG owns X number of shares in TIPS... which I assume is already part of the total outstanding shares of TIPS. Are you saying that the dividend is or will come from new issued shares ?

Simply put, TNRG is distributing its holding in TIPS to TNRG shareholders as a dividend.......they could have SOLD those shares and given us a CA$H dividend but that would have been no fun ;-)

I may be way off here......but that's how I want to understand it.

HAHAHAHAHAHHAaaaaaaaa.........

Holding for tips

jem