This is a takeover of the TTDZ shell by Green Cures, Inc. , a medical marjijuana company based out of Los Angeles, CA.
Triton Reached Agreement for Takeover
at the end of January 2014.
TIBURON, CA--(Marketwired - Jan 23, 2014) - Triton Distribution Systems, Inc. (OTC Pink: TTDZ), announced today that it has reached an
agreement with a group of investors from Los Angeles, California headed by Mr. David Osegueda, a previously successful business man. The
group is forming a new California Company that will assume the submitted letter of intent to Triton, and the commitment to purchase the Triton shell.
Mr. Osegueda and his investors group, will invest an initial $65,000 in Triton in return for the following:
a) The Triton Shell.
b) 450,000,000 shares of Triton.
c) 4,062,500 Shares of Privileged World Travel Club, Inc. (PVCL), priced at $1 a share, and disbursed to all the Triton shareholders as a
Triton shall file the 3rd quarter 2013 (Ending September 30, 2013)financial reports next week, reflecting all the details of the takeover
agreement by Mr. Osegueda and his investors group and bring Triton current on the OTC Markets website.
Additionally Triton will allocate in reserve 740,000,000 shares priced at $0.00405 per share for an additional investment of $3 Million that will
be invested in Triton, by an offshore investor for Operating Capital.
It is mutually agreed by Mr. Osegueda and his investors group and the management of Triton that the final, Closing Date of the takeover by the
new California Company will be at the end of January 2014.
Meanwhile Gregory Lykiardopoulos Chairman and CEO of Triton shall surrender the following at the closing:
a) One (1) share of restricted Series A Preferred;
b) One Million (1,000,000) shares of restricted Series B Preferred stock of Triton;
c) Eight Million (8,000,000) shares of restricted Series F Preferred Stock of Triton; and
d) Three Hundred Five Million (305,000,000) shares of restricted Common Stock of Triton.
Also at the Closing Date, Triton shall have sold, assigned, or otherwise disbursed its assets , and all of its liabilities to a different newly formed
company that will be owned by Privileged World Travel Club, Inc.
Further information and updates will be made public in the very near future.
TTDZ has reported positive Net Income of $404,490 for the 3 months ended June 30, 2013
ABOUT TRITON DISTRIBUTION SYSTEMS, INC: (WWW.TRITONDS.COM) Triton is a low-cost, business to business internet based travel distribution and procurement solution. Triton provides the electronic distribution of travel inventory from airlines, car rental companies, hotels, tour & cruise operators and other travel vendors to global travel agencies and their clients.
Revolutionizing Global Distribution.
Global distribution systems for travel inventory are changing. Industry veterans at Triton aren't following this trend-we're leading it. Triton is a pioneer in low-cost, business-to-business Internet-based travel distribution and procurement solutions. Triton provides the electronic distribution of travel inventory from airlines, car rental companies, hotels, tour and cruise operators, and other travel vendors to travel agencies and their clients on a global basis. Triton's proprietary products and services fill crucial reservation so ftware needs in the travel industry, and offer product, pricing, and marketing advantages through efficient bookings for choice resort and hotel rooms, airline tickets, tours, and car rentals. Learn More»
Innovating 21st Century Travel Distribution
The 21st century is ushering in dramatic changes in the distribution of travel inventory. Global travel is growing at a record pace, with new markets surging, particularly in Asia. Consumer demands for new travel options and inventory are creating new opportunities for airlines, travel vendors and agencies.
But for travel businesses to capitalize on these fast moving opportunities, the industry needs an entirely new solution to the challenge of distribution. The existing system dates from a time when most people didn't even have televisions, and its technical limitations not only hinder growth, they force tremendous maintenance fees to keep the system running, which needlessly inflate travel distribution costs.
Why pay exorbitant fees for a distribution system that keeps you locked out of new opportunities, and locked in to outmoded technology, when you can tap into a modern distribution system with more inventory, more options and more power, that is cheaper and easier to use than anything else in the industry?
Triton's advanced technology and global partnerships with travel vendors and agencies dramatically reduces the costs and complexity of buying and selling travel inventory, while offering a whole new world of travel inventory opportunities, including the world's only gateway directly into China.
Triton's dedicated platform of inventory distribution applications brings together the largest network of travel vendors with international travel agencies of all sizes.
Triton offers the travel industry's most advanced inventory pipeline, combining multiple GDS inventories with direct offerings from independent travel vendors worldwide. From international airlines, hotels, cruise lines and auto rental agencies to the smallest local travel operators, Triton' goal is to provide more inventory than any other distribution channel.
For travel vendors, Triton offers powerful tools to easily market highly targeted travel products to thousands of agencies and tour operators worldwide, reducing inventory distribution and management costs.
For agencies, Triton's full line of reservation tools make it easy for agencies of all sizes and expertise to manage every aspect of their operation, from booking and ticketing to accounting and reporting.
No matter which side of the travel transaction you're on, Triton has the right solution for your business.
| Market Value1 || $110,739 || a/o Aug 12, 2013 |
| Shares Outstanding || 553,695,597 || a/o Jun 30, 2013 |
| Float || 341,010,602 || a/o Jun 30, 2013 |
| Authorized Shares || 1,500,000,000 || a/o Jun 30, 2013 |