Triad Industries Inc (fka TDII)

[Mr. Bill]

Updated: OS 612,000 Float 389,001 Insider 222,999

* TDII has a very Low OS and large insider ownership.
* Float is 389,001 with Insiders of 222,999 and OS of 612,000
* The OS has ranged between 500K and 612K since Dec 2002
* There are 7500 Preferred shares, convertible at a 2 to 1 Common

Insider Ownership:
029,792 4/05/2005 Coleman Roger (Director) [3,125 in 2005]
122,310 3/30/2005 Bryson Linda (President) [15,625 in 2005]
070,897 3/30/2005 Kelleher Michael (CFO) [15,625 in 2005]
_______
222,999 TOTAL Insider Shares

Item 11. Security Ownership of Beneficial Owners and Management

The following table sets forth, as of December 31, 2004*, based upon our records and information obtained from the persons named below, certain information concerning beneficial ownership of our shares of Common Stock with respect to (I) each person known to own or more than 5% of our understanding shares of Common Stock, (II) each of our executive officers and directors, and (III) all of our executive officers and directors as a group:

Amount Approximate
And Nature Percentage
Of Beneficial of Common
Identity Ownership Stock Owned
Escondido Capital, Inc.** 28,903 5%(I)
Linda Bryson*/** 106,685 18.5%(II)
Michael Kelleher * 55,272 9.5%(II)
Roger Coleman Jr.* 29,167 5%(II)

Management as a Group Directly 124,191 21.5%(III)
Indirectly 66,933 11.5%(III)

*the above table does not include the stock that was issued in 2005 for officer and director fees that were accrued on the Company's books as of December 31,2004.

** Ms. Bryson is an officer and director of Escondido Capital, Inc.
________________________________________________________________

Ok, On 12/31/2004 per 10K 578,135 shares existed and now 612,000. Hence, 33,865 shares have been issued this year. Now, given details below one can see Each director got 3,125 shares for a total of 9375 shares. Directors got 12,500 shares for a total of 25,000 shares. 25000 + 9375 = 34,375 shares. There is a shortage of 510 shares, perhaps rounding of the OS ?

http://www.pinksheets.com/quote/print_filings.jsp?url=%2Fredirect.asp%3Ffilename%3D0001092105%252D05....

*Directors received $500 for the year ended December 31, 2004. The amount was accrued on the Company's books at year - end and subsequently was retired via a common stock issuance of 3,125 shares of common stock at $.16 to each director.

*Officers received $2000 for the year ended December 31, 2004. The amount was accrued on the Company's books at year - end and subsequently was retired via a common stock issuance of 12,500 shares of common stock at $.16 to each officer.