CONTRACTS IV
Of late,I have noticed conversations eluding to an S.E.C. investigation of Triangle Multi Media Inc. Interesting turn of events, if it is true. Here you have a company with a bright future, good prospectus and a business plan. The stock soars to almost a dollar and is the biggest gainer on the OTCBB board. But product follow through does not happen for whatever reason, and the stock tanks. Many investors are burned, and the ones who have not left totally and utterly disgusted are sitting on the sidelines, some still holding stock to this day patiently waiting for the sleeping giant to awaken. Investors come and go and here we are toward the end of 2003,with an interesting twist. Consider yourself the CEO of this company. You are now on the very brink of some very serious allegations, some of which I am sure,are that you never intended to actually produce the product. Now here you are sitting on a fence post,looking out over a vast fertile field that has not been tilled or planted. Do you plow and plant producing a crop or continue sitting on the fence? Litigation can be a powerful motivator and could benefit the shareholder bottom line, forceing you to follow through with your original prospectus. This certainly would quell much of the current underpinnings that seem to be "coming up from behind". And serve an important boon to present and future investors. This is not a provocation to purchase shares of QBID, but in doing so one should know that this is a highly spectulative stock that could increase shareholder value.
As always, you should seek professional assistance when thinking about obtaining shares of any stock.
