Triangle Pete Corp. (fka TPLMQ)

[Mcgill]

TPLM is going to restructure and they hired another board member who specializes in restructuring/ chapter 11.
TPLM continues to evaluate strategic options to maximize the value of its assets and has engaged in discussions with its principal stakeholders to identify a comprehensive solution.

TPLM also announced today that its Board of Directors has been expanded from five to six directors in connection with the appointment of Mr. James B. Shein as an independent director. Mr. Shein is currently Clinical Professor of Strategy at the Kellogg School of Management at Northwestern University and brings extensive restructuring, governance and fiduciary duty advisory experience. He will play a critical role in determining and executing the best path forward for TPLM.