TTDZ ,News
Triton Will Not Extend Deadline for Corporate Action
Triton Distribution Systems, Inc. Common Stock (USOTC:TTDZ)
Intraday Stock Chart
Today : Wednesday 27 October 2010
Triton (PINKSHEETS: TTDZ) announced today that the Company will not extend the deadline related to its Corporate Action for shareholders to turn in for exchange their certificates to the transfer agent by October 30th, 2010.
All shareholders that have not turned in their certificates for exchange to the transfer agent per the Corporate Action announced on October 1st, 2010, are advised to do so as soon as possible. The Company will not extend the deadline for exchanging these certificates beyond October 30th, 2010.
Any shareholders that own shares prior to the announcement of the Corporate Action should first exchange their shares for the proper denomination of shares with the transfer agent before trading them in the open market.
The Company again advises all shareholders that the Company's Present Share Structure is as follows:
Shares issued and outstanding: 190,010173 shares
Public Float: 90,010,173 shares
Authorized Shares: 1,018,000,100 shares
Par Value: $ 0.001 per share
"It has come to our attention that the heavy trading of the Company stock that occurred lately, is fictitious and shareholders that are trading the stock should be prudent," said Gregory Lykiardopoulos, Chairman and CEO of Triton Distribution Systems, Inc.
About Triton Distribution Systems: Triton Distribution Systems is a pioneer in low-cost, business-to-business, Internet-based travel distribution and procurement solutions. Triton provides the electronic distribution of travel inventory from airlines, car rental companies, hotels, tour and cruise operators, and other travel vendors to travel agencies and their clients on a global basis.
FORWARD-LOOKING STATEMENTS This news release includes forward-looking statements that are made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. While these statements are made to convey to the public the company's progress, business opportunities and growth prospects, readers are cautioned that such forward-looking statements represent management's opinion. Whereas management believes such representations to be true and accurate based on information and data available to the company at this time, actual results may differ materially from those described. The company's operations and business prospects are always subject to risk and uncertainties. Important factors that may cause actual results to differ are set forth in the company's periodic filings with the U.S. Securities and Exchange Commission.
Contact
Triton Distribution Systems, Inc.
Gregory Lykiardopoulos
CEO
415-381-4806
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