January 6, 2001
Dear Shareholders,
We are pleased to announce that we are facilitating the Business Combination between Triangle Broadcasting Company, Inc. (GAAY), a publicly traded non-reporting company, with Triangle Multi-Media Ltd. Inc. (QBID), which was voted upon by shareholders of both companies. This combination was approved by Triangle Broadcasting shareholders on December 28, 1999 and by Triangle Multi-Media shareholders on March 14, 2000. At that time it was agreed to exchange at a rate of 2.375 shares of the common stock of Triangle Broadcasting Company for each share of Triangle Multi-Media Limited.
The companies have waited one year to complete this Business Combination in order to issue free trading stock. This stock was allocated on December 28, 1999 and is now ready to be issued as Free Trading Common Stock.
The Triangle Broadcasting shareholders who wish to exchange – AND REMEMBER THIS IS NOT MANDATORY – need to do the following.
A. Send a letter to the brokerage house where your shares are being held and request an Irrevocable Stock or Bond Power form, or you can download the Irrevocable Stock or Bond Power form from here. GET FORM. This must be filled out in detail, signed by the shareholder and then notarized or signature guaranteed. It should be sent BY CERTIFIED MAIL, return receipt requested, to:
Max Craig Cassing
Triangle Multi-Media Ltd., Inc.
1000 East Tahquitz Canyon Way
Palm Springs, CA 92262
B. If you have your certificate, please make sure it is endorsed by the shareholder and notarized and send BY CERTIFIED MAIL, return receipt requested, to Max Craig Cassing at the above address and you will receive a Triangle Multi-Media Ltd., Inc. certificate in exchange.
Sincerely,
Frank Olsen, President Dr. Christian Haggett, President
Triangle Multi-Media Ltd, Inc. Triangle Broadcasting Co., Inc.
All day long, they lie in the sun, and when the sun goes down, they lie some more.
