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: Jacalyn Deaner who wrote (8081)	5/26/1999 11:19:00 PM
From: ISOMAN	Read Replies (1) \| Respond to of 9824

No problem. As for TNRG. It may be a good idea if everyone went back to say post 1000 and Started there. If you think this is rough you should see how the mood was around here when the price was under 5 cents. One thing I don't under stand is this. When the Mall Was purchased via Debentures at 8% interest IT was arranged that they covert to 16 million shares when the price of the stock hits $3 Once those Debentures are converted, Tnrg no longer pays the 8% interest, in short TNRG instantly gets a net income beofre taxes of around 4 million. Let's say that there are 65 million shares out standing. (I have not checked the total in awhile) With the added 16 million , the total is then 81 million. Lets also assume that everything else on TNRG's plate generates zero income. So we have 81 million shares, with a net income of 4 million or: 4.9 cents per share earnings. At $3.00 per share we have a PE Ratio of 60 A little High, but not totally out of this world. AOL is 700+ at the moment and AMZN is probably 10,000 PE by now. Anyway, this is why I am so stumped that The shares have not run to at least $3 Just my opinion, and feel free everyone to pick this apart. Would be nice to see some dialogue about TNRG for a change. Not ISOMAN, NOt TAP or anyone else for that matter. EDIT As of March Total outstanding is 66,492,256