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Tuesday, September 03, 2013 7:13:44 AM
Privileged World Travel Club, Inc. subsidiary of
Triton Distribution Systems owns 8,125,000 shares or 44.64% of Privileged, valued at $8,125,000. The value of the Privileged shares held by Triton is based solely on a private transaction between Privileged and several former Triton note holders. No outside valuation has been obtained. The transactions whereby the shares were issued in exchange for outstanding debt of Triton served to reduce Triton's liabilities by $5,595,500.
http://finance.yahoo.com/news/tritons-subsidiary-company-privileged-world-141524402.html
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