Triad Industries Inc (fka TDII)

[polkamatic]

I wondered about the wordage
in the first 8-k: "The Company did not participate in the sale transaction."
...do what?
lol, a friend of mine said it was standard language when a shell is acquired through a share exchange (not a rm) It's like the company went out for ice cream and when it came back the owners and mgm't were Japanese,imo.
Slap me if I'm wrong, but I think their might be another share exchange event coming (aren't we doing what "Westlake" did in the other movie? Wasn't that the stage that they had the split event???) I gotta rewind the tape.
Have a good weekend!

[polkamatic]

What time do we open in Tokyo?...eom...lol

[polkamatic]

The All New DEQI I-Hub Message Board....
http://www.investorshub.com/boards/board.asp?board_id=5754


I got the coffee brewing and put out some brochures and coloring books for the kids.

Wipe your feet, please.

Cusip change...shares locked up...wow, they better not put out a monster pr today

[MFridge]

"Better than shikishieki or something like that"

You owe me a new keyboard for that one. ROTF.

[polkamatic]

Fridge! These are interesting times. I don't know what to expect. I thought they would have done a fs with today's announced events. (new cusip?) Anywho, how 'bout our new name?
Better than shikishieki or something like that. (I hope these guys aren't all in Tokyo huddled around Hemmi's computer reading the hub right now,LOL)
I was going to break out a new board for the new company, while it still has that new company smell to it.
What do you think? No rush, I don't expect much of crowd. LOL
I'm psyched this deal has come together. I'm not even sure what we do or if we do.

[MFridge]

Should definately see something coming up... and hopefully a split to go with it

[polkamatic]

Name change, cusip, Ticker
"Lights"
(quiet on the set)
"Camera"
(cue the music...)
...and

"ACTION!"


http://biz.yahoo.com/bw/060511/20060511005793.html?.v=1

[polkamatic]

I took another nibble but that's it,
no more. I do not want to have to
sell the cattle ranch.
gl

[polkamatic]

to Newbury Park, California...imo...
Just a wild guess. A crazy theory I got going
We'll see soon I believe.
Or we might be waiting for another month for Hemmi-san to fire up his incubator and pump out a couple of PRs and our Brand New Ticker Symbol.(I'll take some of that saki and a 100:1 FS while you're up too, thanks)


Direct Equity Investment,Inc
has a nice clean smell to it

[polkamatic]

Heads up MrBill, MrFridge 8-k coming at you..........
and the Yahoo news * alert link worked this time (it usually doesn't for this one)
http://biz.yahoo.com/e/060510/tdii.ob8-k.html
You can tear downTear down the sign Mr.Bill and pack up the coffee machine... we're going to Disneyland!!!!
And then we're going to......Rio Linda, California!!! No wait that's not it. Here-

[MFridge]

Guess so. Yahoo.

[MFridge]

.65X 1.01

Someone wanting to buy?

[polkamatic]

.25 x 1.05 eom

[polkamatic]

mrfridge, I hear you
but I was already playing the waiting game before DIJ/Hemmi came along so I'm not going anywhere until the dice hit the wall.lol I'm guessing another week or two before more of the puzzle is revealed. Hard telling not knowing.imo
gl

[MFridge]

I don't know but I'm about to, lol. Can't get a reply from the Fetzer character to save my life.

Might soon get a chance to waste more money....errrr, add more cheaper shares. lol

[polkamatic]

OK, Who rocked the boat?lol...eom

[polkamatic]

FWIW: Another DIJ venture:
Servinational, Inc. Announces Signing of a Share Exchange Agreement with Shikisai...

http://today.reuters.com/news/articleinvesting.aspx?view=PR&symbol=&storyid=40939+11-Oct-200...
imo

[polkamatic]

There were two but now it appears
that NITE has moved off the bid leaving UBSS @ (.55 x 1.05)
Nice find on Mr Fetzer, let us know what his response is.
Thanks and GL


imo

[MFridge]

FWIW- I'm pretty sure this is the guy who TDII is working with. I've emailed him to confirm and get any other information I can about what's going on here.

Alan Fetzer has over fifteen years of experience as a senior executive in the Information Technology, Videogame, Internet and Telecommunications industries. Fetzer's business skills include business development and venture financing for early-stage companies and negotiating strategic business partnerships with large corporate partners in North America, Asian and European markets.

Fetzer has served as an advisor to leading Silicon Valley technology companies; managed one of the first digital special effects film studios; overseen the creation of dozens of video and software game titles for a major game producer; and served as a technology consultant to Fortune 500 companies.

Fetzer has advised senior executives at top technology and entertainment companies on how to best integrate their products and services with emerging digital media and the World Wide Web. His clients have included major corporations such as Twentieth Century Fox, IBM's T. J. Watson Research Center, Antec Corp., a developer of fiber-optic television cable systems, Virgin Digital Studios, Toshiba and Zing Systems, an interactive television consortium consisting of TCI, Continental Cablevision, Comcast, and Mitsui Comtek.

Fetzer's ties with the entertainment industry go back to Boss Film Studios an Academy Award winning special effects studio where he served as chief operating officer from 1991 to 1993. While at Boss, Fetzer pioneered the development of one of the first high-resolution digital studios using Silicon Graphics workstations, IBM supercomputer technologies, and advanced software applications from Wavefront Technologies, Alias, and Softimage. Combining his management skills with his knowledge of emerging digital technologies, Fetzer supervised the production of award-winning digital special effects for such films as Cliffhanger, Last Action Hero, andTrue Lies as well as nationally broadcast TV commercials for clients such as Acura, Budweiser, General Motors, and McDonalds.

Earlier in his career, Fetzer was recruited to become president of Taito Software, the North American subsidiary of Taito Corporation, a $1 billion company based in Japan and the world's largest operator of coin-operated arcade games. From 1986 to 1991, under Fetzer's direction, the company's sales in North America rose to $50 million with distribution in over 15,000 retail outlets in North America. Several of the 50 software titles developed during Fetzer's tenure became international bestsellers and many garnered awards from Newsweek, Parent's Choice, and the Software Publishers Association. An innovator in the field of interactive multimedia, Fetzer managed development of game titles for a variety of hardware platforms, including Nintendo, Sega, and multimedia home computers.

Fetzer's previous work experience was in finance and management consulting. After graduating in 1981 from Yale University with a Master's in Fine Arts, Fetzer went directly to Wall Street, where he applied the rigorous discipline of his first love, classical music, to venture capital and corporate finance. He completed several private placement and IPO financing deals, and then joined Data Resources, Inc. (DRI), the economic consulting division of McGraw-Hill. As a management consultant, from 1983 to 1986, Fetzer advised members of the Fortune 100, such as Exxon, Texas Instruments, and General Dynamics, on the financial and economic outlook for their markets.

Well-respected in both the digital production and multimedia industries, Fetzer is a frequent guest speaker at conferences concerning emerging digital media and new technologies. He has chaired panels on digital editing tools and MPEG compression, as well as on film and television production at the I.E.E.E. Compcon annual conferences in San Francisco. In addition, Fetzer serves on the Council for the Arts at the Massachusetts Institute of Technology, which supports the arts at MIT.

Aside from business, Fetzer plays and records classical guitar music (he began his career as a virtuoso classical guitarist while still a teenager), converses fluently in Spanish and Portuguese, and fly fishes for trout.

[MFridge]

We're there 2 MM's at .55 before? I didn't notice that...

[polkamatic]

mrfridge, Re:MorNorth
Westlake is a holding company for DIS Co Ltd (both founded by DIJ's CEO, Hemmi)
Before the share exchange completed (with the investors(Vision) that DIJ was acquiring MorNorth for) DIJ terminated the DIS subsidiary because it's function was served in delivering DIJ's interest in MorNorth to the new owners,imo. I get a little sketchy on when MNMH stopped trading and at what pps but since yesterday VNNL.pk is quoted at........ (1.25 x 2.25) 0 volume
VNNL was RS 35.22:1 (9/9/05)
I'm not going to speculate into the value of that merger to the longs because I think it's irrelevant here. What is important is what DIJ brings to this shell and the underlying value to us in a share exchange. They will need to fs this to get it off the reef and back into deeper water (we need liquidity) That's not to say they couldn't rs us out of our positions before doing that but let's not talk about that.
I do think it's likely we will see Westlake in this exchange. Interesting article there in post #42 imo
Just a couple of thought from a polka bum. DYODD
imo

[MFridge]

Oops, I hadn't seen that you'd posted the Mornorth info already.

What I'm wondering is why they turned Mornorth into Westlake Canyon, then terminated at the same time they took control of Triad. And will they turn TDII into the new Westlake- or will it be DIJ?

Perhaps they simply liked the TDII share structure better for what they have planned for the incubator?

[polkamatic]

The filing...
http://biz.yahoo.com/e/060426/tdii.ob8-k.html

On April 21, 2006, all of the following events occurred: (i) the current director of Triad Industries, Inc. (the “Company”) elected Messrs. Makoto Omori, Toshiaki Sato and Seishi Murakami to the Company’s Board of Directors; (ii) the current director, Ms. Linda M. Bryson resigned as director and as President, and Mr. Michael Kelleher resigned as Treasurer and Secretary of the Company; and (iii) Messrs. Omori, Sato and Murakami were appointed, respectively, to serve as the Company’s President and CEO, Treasurer and Secretary. These actions occurred in connection with the sale of 50.9% of the issued and outstanding common stock of the Company by certain stockholders of the Company to Direct Investment Japan Co., Ltd. The Company did not participate in the sale transaction.


dyodd

[MFridge]

Darn, we were only a few MM's away too...lol

[polkamatic]

(.55 x 1.05)
It looks like UBSS moved on the bid/ask
I guess somebody changed their $2000 target price...lol
Let's see how many shares UBSS has got...imo

[polkamatic]

Fridge, They terminated a subsidiary-

"the Company's board has determined to terminate the ownership of its wholly-owned Japanese subsidiary DIS Co., Ltd. because it did not meet the Company's objectives in terms of potential for growth and return on investment."
http://biz.yahoo.com/bw/060421/20060420006203.html?.v=1

Westlake is DIJ (imo) and the fact that all that happened on the same day as our announcement is very curious. Vision Co. makes azz wipes, lets hope DIJ's got a sexier business plan for TDII! LOL

[MFridge]

I see here that Direct Investment Japan LTD. aquired MNMH (Mornorth Martgage Holdings) last summer, changed to WLKC, then the agreement was 'terminated' in March, yet the new officers also happen to be Japanese.


WLKC is now awaiting a symbol change.

http://finance.yahoo.com/q?s=WLKC.PK

[polkamatic]

Found this article:
Company to act as incubator for Japanese firms.
http://www.allbusiness.com/periodicals/article/523791-1.html





dyodd

[Mr. Bill]

and this at RB

http://ragingbull.lycos.com/mboard/boards.cgi?board=TDII&read=1

[MFridge]

Well I can sleep well tonight knowing I made a wise decision. lol

Funny thing is- he could end up being right...

[polkamatic]

fridge, Check this out...
"The Pick of the Week"
http://www.thetraderselite.com/WeeksPick_Home.aspx


lol

[MFridge]

Well this is my gamble of the month... 748 shares average 1.401.

Will be interesting to see it play out. Might add a bit more while waiting for that million share day Anyone else feeling lucky? lol

[polkamatic]

The suspense is terrible.
I hope it will last.
-Willy Wonka

Time & Sales
Price Size Exch Time
1.50 248 OBB 13:38:32
1.30 500 OBB 13:36:29
1.01 600 OBB 13:27:15
0.72 1000 OBB 04/21
0.75 2000 OBB 04/21
0.75 700 OBB 04/21
0.45 2000 OBB 04/21
0.45 1000 OBB 04/21
0.45 1000 OBB 04/21
0.45 1000 OBB 04/21
0.45 600 OBB 04/21


imo

[polkamatic]

(.55 x 1.50) eom

[polkamatic]

(.55 x 1.30) 600 shares @ 1.01...eom

[polkamatic]

(.55 x 1.01) Bid's up.eom

[polkamatic]

Sitting in my lala
Waiting for my ya-ya

[polkamatic]

And here's another:
Direct Investment Japan Co., Ltd. Acquires Majority Interest in VLDC Technologies, Inc.
http://www.globeinvestor.com/servlet/ArticleNews/story/BWIRE/20051012/20051011006283

VLDT became JDSX and then this:
http://biz.yahoo.com/bw/060126/20060126006007.html?.v=1

I can't follow the Japanese name trail but I'm thinking about some sushi for dinner tonight.lol

gl
imo

[polkamatic]

Here's a similar acquisition by DIJ:
Direct Investment Japan Co. Ltd. Acquires Majority Interest in MorNorth Mortgage Holdings Inc.
http://www.tmcnet.com/usubmit/2005/Jul/1168503.htm
imo
And look, they had news yesterday too...
http://www.pinksheets.com/quote/news.jsp?url=fis_story.asp%3Ftextpath%3DCOMTEX%5Cbw%5C2006%5C04%5C21...

Hmmmm, whazzzup here?

[polkamatic]

Bill, This sure looks better than an empty LOI.
It sounds like a done deal. Maybe we'll hear from the new management soon as to their business plans. I would expect some other filing with the execution of the agreement before that.
gl

[serfdom]

LOL! ProfitsPi is a great website though. eom

[Mr. Bill]

2.96% of the float was bought today so that was huge volume on TDII. In fact in April someone bought 30K shares in advance of the merger news it appears. So that is 39,300 of 314,000 or 12.51% of the FLOAT. Since they have common shares like us I doubt very much they will do anything negative to common shares. Remember, the Japanese and their markets have integrity unlike regulators in the USA.

From the PR:
In a purchase agreement dated March 31, 2006, DIJ entered into a definitive agreement to purchase fifty and point nine percent (50.9%) of the issued and outstanding common stock of Triad Industries, Inc. from an independent group of TDII shareholders.

From daily list:
NAME/SYMBOL CHANGES
DL DATE DATE OLD SYMBOL/NAME NEW SYMBOL/NAME
04/14/2000 04/17/2000 WSOX** United Sports International Inc TDII Tour Design International Inc (1-35 R/S & N/C)

From 10K March 2000: Common Stock 8,658,307 Shares Outstanding . These motions were voted on by approximately 79% of the Companys outstanding common stock. So collectively these folks had 6.8M shares.

For Against Abstain
Gary DeGano 6,797,904 0 0
Linda M. Bryson 6,797,904 0 0
Michael Kelleher 6,797,904 0 0
J. William Byrd 6,797,904 0 0
David Czoske 6,797,904 0 0
Richard Furlong 6,797,904 0 0
James Crowell 6,797,904 0 0

One also sees these people owned 1,925,792 shares.
Gary DeGano 295,000
Linda Bryson 264,000
Michael Kelleher 249,900
J. William Byrd 463,946
Richard Furlong 463,946
James B. Crowell 189,000

That leaves David Czoske owning 4.87M shares or so in my opinion. This is only 139,145 shares after the RS however.
Gary, William, Richard, and James no longer appear as officers. This is another 1.4M shares or 40,345 shares post RS or so. That takes us to around 180,000 shares or so. These seem to be the former insiders who made the deal? Am I correct in assumming independant means no longer affiliated with the company?

From 10K on March 31st 2006:
It appears insiders controlled 231,499 shares on 12/31/2005. This includes the recent form 5's. Notice only one major shareholder other than officers are listed and they are a company related to an officer. Notice the PR says from independant shre holders.
Title of Amount
Name Position Class of Shares Percentage

Linda Bryson, President / Common 80,877 (D) 13%
9980 Scripps Vista Way Director 44,433 (I)** 7.5%
# 96
San Diego, CA 92131

Michael Kelleher Secretary Common 73,897 (D) 12%
122 E. Grand Ave Director
Escondido, CA 92025

Roger Coleman Jr.* Director Common 9,792 (D) 1%
2175 Zion Park Blvd 22,500 (I) 4%
Springdale, UT 84747

Management as a Group Directly 164,566 26%
Indirectly 66,933 11%


Others owning more than 5%

Escondido Capital, Inc** Common 28,903 5%
PO Box 506748
San Diego, CA 92150

Recent trades:
04/21/06 0.450 0.750 0.450 0.720 9,300
04/20/06 0.350 0.350 0.350 0.350 10,000
04/19/06 0.300 0.300 0.300 0.300 10,000
04/04/06 0.250 0.250 0.250 0.250 10,000

[Mr. Bill]

Go look at the trade log. The 1000 "down" was at .72 LMAO

[serfdom]

Not quite Mr. Bill....

Check out this quote from profitspi.com.

http://www.profitspi.com/stock-quote/tdii.aspx

1300 up volume
7000 neutral volume
1000 down volume

MMs hungry for shares (5000 bid block vs. 500 ask blocks) - but they're only bidding .17

GLTY - but I urge caution here. Small buys at ask on Monday may keep this thing headed in the right direction. Nibble nibble.

[Mr. Bill]

TDII - 9300 shares ALL BUYS today IMO

TRIAD INDUSTRIES INC - Nasdaq National Market: TDII

Time & Sales most recent next page
Rec. Time Action Price Volume
1:33:26 PM Bid 0.17 5000
1:29:56 PM Ask 1.01 500
1:29:52 PM Trade 0.72 1000 <- Possible sell way above the BID?
1:29:52 PM Trade 0.75 2000
1:08:36 PM Trade 0.75 700
11:37:32 AM Bid 0.15 5000
10:15:44 AM Bid 0.25 5000
10:14:56 AM Bid 0.22 5000
10:11:44 AM Trade 0.45 2000
10:11:42 AM Ask 0.75 2500
10:11:42 AM Bid 0.2 5000
10:09:22 AM Trade 0.45 1000
10:07:36 AM Trade 0.45 1000
9:56:16 AM Trade 0.45 1000
9:36:08 AM Trade 0.45 600

[Mr. Bill]

TDII Direct Investment Japan Co., Ltd. Announces the Purchase of a Controlling Interest in Triad Industries, Inc.

WESTLAKE VILLAGE, Calif., Apr 21, 2006 (BUSINESS WIRE) -- Direct Investment Japan Co., Ltd., ("DIJ") a Japanese corporation, announces that it has acquired a controlling interest in Triad Industries, Inc. (OTCBB:TDII), a Nevada corporation.

In a purchase agreement dated March 31, 2006, DIJ entered into a definitive agreement to purchase fifty and point nine percent (50.9%) of the issued and outstanding common stock of Triad Industries, Inc. from an independent group of TDII shareholders.

In connection with the stock purchase by DIJ, the existing officers and directors of Triad Industries, Inc. have resigned and all the following individuals have been appointed as the Company's new directors and officers: Makoto Omori, President and Chief Executive Officer, Seishi Murakami, Secretary and Toshiaki Sato,Treasurer.

DIJ is a Japanese corporation headquartered in Tokyo. DIJ provides business incubation services to promising early stage Japanese venture companies. DIJ's clients include companies in the safety apparel, food processing, education, temporary staffing and UV filtration industries.

Forward-looking statements made in this release are made pursuant to the "safe harbor" provisions of the Private Securities Reform Act of 1995. Forward-looking statements are not a guarantee of future performance.

SOURCE: Direct Investment Japan Co., Ltd.

CONTACT: Fetzer & Co.
Alan Fetzer, 702-562-4383
[e-mail]


Copyright Business Wire 2006

[Mr. Bill]

TDII is a shell with a super low float. If anything ever happens look for a FS and a merger both at the same time. Could scream.

[polkamatic]

Oh no, Mr. Bill!
Are you still in TDII? Anything you can a guy about this dusty issue? I'm in small and trying to nibble. I'm all about the float.Picking up small blocks with spare change. Also in MNCS. Seems to have non stop mystery accumulation. Getting rediculous though. gl2u careful bowling

[Mr. Bill]

2K more bought today at .30 from ALPS. Continued accumulation. Makes me wish I had got more at .20 oh swell still got my 5K shares at .16

Market Depth For Triad Industries Inc Delayed (10:54 PM EDT)
Level II Quotebook
Time MMID Size Bid
07:30 SCHB 50 0.15
07:30 ALPS 50 0.10
07:30 HILL 50 0.05
07:30 SACM 50 0.04
07:30 HDSN 50 0.04
07:30 FRAN 50 0.04
07:30 PERT 50 0.04
07:30 NITE 50 0.012

Ask Size MMID Time
0.30 50 ALPS 07:30
0.35 50 SCHB 07:30
0.75 25 HILL 07:30
0.75 25 NITE 07:30
0.75 25 FRAN 07:30
1.01 5 HDSN 07:30
2.04 5 SACM 07:30
2.05 5 PERT 07:30

Time & Sales
Price Size Time
0.30 2000 15:21:29
0.25 3000 06/15
0.25 1000 06/13
0.20 4497 06/13
0.25 4497 06/13
0.16 5000 05/16
0.11 5000 05/13
0.11 5000 05/13
0.20 800 05/09

[Mr. Bill]

13,000 bought last couple of days. 3.34% FLOAT IMO