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PVCL OWNS TTDZ NOW (AND MMJ ENTRY)
Privileged World Travel Club, Inc. "State of the Company"
Date : 01/27/2014 @ 8:00AM
Source : Marketwired
Stock : Privileged World Travel Club Inc. (QB) (PVCL)
Quote : 0.15 0.0 (0.00%) @ 5:00PM
Privileged World Travel Club, Inc. "State of the Company"
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Privileged World Travel Club Inc. (QB) (USOTC:PVCL)
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Privileged World Travel Club, Inc. "State of the Company"
TIBURON, CA--(Marketwired - Jan 27, 2014) - Privileged World Travel Club, Inc. (OTCQB: PVCL) announced today that the "State of the Company" has made significant progress and the Company management wishes to detail to the shareholders the current success.
A. Recently, Privileged shares are now DTC Eligible, allowing the shareholders to electronically trade their shares.
B. Following the takeover announcement of Triton Distribution Systems, Inc., all licenses for the technology are now null and void. Privileged now owns the technology outright and the license fees of $2,200,000 are now cancelled. This will be reflected in the balance sheet as part of the Company assets. Based on an Appraisal and Valuation Report issued in August 29, 2011 the technology that the Company took over is valued at $30 Million. This value will also be reflected on the Company's balance sheet.
C. Privileged will acquire all the research and development tax credits that Triton generated since 2006 that are estimated to be approximately $12 Million.
D. Following the takeover, Triton will get 4,062,500 Shares of Privileged World Travel Club, Inc. (PVCL), priced at $1 a share, these shares will be disbursed to all the Triton shareholders as a dividend. In addition there are 4,062,500 Privileged shares which will be distributed out to both current shareholders of Privileged and new investors. 1,015,625 shares of Privileged will be distributed equally to all the Privileged shareholders of record in a form of a dividend. The remaining 3,046,875 shares of Privileged will be distributed to new shareholders that wish to invest in Privileged. For every 10 shares purchased in Privileged in the open market, the Company will add one share as an upfront dividend until all the 3,046,875 shares are exhausted.
E. Privileged will commence operations with China in the first quarter of 2014. It is expected to transport 97,344 Chinese tourists annually to visit 9 cities in the United States. The gross revenue generated monthly by Privileged from this program is $811,200, or annually $9,734,400. Therefore the Company has decided to establish a Privileged office of coordination in Beijing, China to properly handle all the travelers from China crossing the Pacific to the United States. It is estimated that this program will last five years, based on the signed contracts signed with the organizers in China.
F. Furthermore Privileged will continue the conversion of new members from the previously purchased Membership List. Privileged acquired a 9 million Membership list of individual names from Triton Distribution Systems, Inc., based on a reported Membership List Purchase Agreement that was executed October 10, 2012 and was reported in the S-1 registration form that went effective January 18, 2013.
G. Privileged management wishes to inform all shareholders that the Company is well poised and structured to succeed. The Company's capital structure is as follows:
•Shares Outstanding: 26,036,525
•Float: 11,445,219
•Authorized Shares: 100,000,000
The Company wishes to advise all shareholders that the Company is engaged in other activities that will be properly reported publicly in due course.
ABOUT PRIVILEGED. www.privilegedwtc.com
there was obviously a mix up in identity
MUGG is in business, I just called the phone number identifying himself along with a full mailbox....whats the big deal, he is alive not deceased
Monday is my day to buyyyyyyyyyyyyyyyyyyyyyyyyyyyy
drama? thers no drama, the weaklings left, no drama here whatsoever...give me evry share in the book...screw the letter, people got scared over a letter, give me a break, they all deseve to sell their shares, holy crap I will even buy yur shares for more than the going rate...hahahahhahahahhahahahahahahhhaahhahahahhahahahahahha!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!
im buyn everything that was sold today..holy shit GOD really loves me he realy realy loves me! yessss...all those sellers must have to pay the rent by Monday....welllll im buying everything people!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!
yes! im buyn everythn in sight yes! go ahead and sell! holyshit these people dnt know the company is bought and going into weeeeeeeeeeeeeeeeeeed!!! with revenues coming in now! hahahhahahahahahhahahhhahahahhahahahahahahahha!
righ is the weed reference for the trillion dollar industry...no one has the resources on weed that righ does...righ is a leader in the weeeeed world
myec will be bigger than paypal...eventually
ed stars dsnt do news mr newbie...don't ask for it either cause u wont get it pal...myec/ceo starrs is building myec into a powerhouse quietly cause that's how his clients want it ....for now
everyone needs money that is starting co.'s in the weed biz...fffc gives everyone money to get started now...fffc is making rev's nowwwwwwwwwwwwwwwwwwwwwwwwwwwwwwwwwwwwww
news is promised by the end of month abt takeover completion...takeover completion paid at .00405 share.. 3 million chimichangs dudes and dudettes for the company bought by a buyer from calif. that specializes in weeeeeeeeeeeeeeeeeeeeed
news Friday as soon as takeover complete (promised to be done by end of January)
enti is going to be main 'operating' shell/company...Hudson needs to talk abt this in a pr so we can understand the plan
enti is going to be in charge of all the other companies in this umbrella of companies Hudson has...enti is #1 all of a sudden...hmmmm what does that mean...is it true, will it happen, pr to spell it wud b nice
how many A/S are there
how many O/S are there, anyone know
not all like coffee and alcohol, that's where monster and lean potion fill the void....we own this market
monster in the am/lean potion in the pm
all hard work is done/ez fit for any co.
I smell prtnrshps now/many cntrcts in place
the monster/amp buyers will buy lean potion
I cant believe it, unbelievable, anyday
I cant believe we are not at .01
walmart effect about to take effect boys
they probly think they can buyback at 4..hahahhahahahahah
haha bargains, givn away shares holycrap
any day any day any day then booooom up
the ceo is backed by vips of the usa...yes!
we r in 'worlds largest retailer' and buying at around .0006, holy shit BUYBUYBUY if u can, I already did at 4,5 and 6....this is incredible...lots of investors don't know abt us yet
nice retail list, but we are sold in 50 states and abroad by the power of internet shopping and delivery...and people are BUYING BUYING BUYING which is great news...demand exceeds supply so a partnership to increase production and distribution is next...coke pepsi segrams 7up deer park are all good partners to do business with
buyout possible but partnership might be more profitable for everyone
coke,pepsi,seagrams,gatorade partnersips coming
LSMP demand outweighs supply..buy buy buy
you can even count all 50 states and all countries if u count the ability to buy thru amazon and thirstmonger and anyone else selling it online
dewm LSMP is a perfect fit to go mainstream any day now, its in more and more walmarts and convenience stores, now just take it everywhere
LSMP progress in stoppable
massive run to pennies with pot hype done
dewm sold at "pot" stores/smoke shoppes too!
nationwide walmrt expnsn coming soon
buy buy buy buy buy! walmarts!!!
that is normal,ive been there before!!!