Old newsTUESDAY, FEBRUARY 10, 2004
Triangle Multimedia Limited, Inc. Announces Plans To Create Limited Stock Buy Back Program - PR Newswire 7:01 AMTriangle Multimedia Limited, Inc. Announces Plans To Create Limited Stock Buy Back Program
PALM SPRINGS, Calif., Feb 10, 2004 /PRNewswire-FirstCall via COMTEX/ -- Triangle Multi-Media Limited, Inc. (QBID) President Frank Olsen announces it is currently developing the final details of a stock buy back program. The particulars will be announced over the next several weeks.
In a separate announcement TTN has established an internal deadline to uplink a 24/7 transmission of sample programming by May 1, 2004 for preview and redistribution by cable headends and DDS companies. We are negotiating with several satellite companies to meet this deadline. As part of the TTN launch marketing strategy, our preview feed will also be redistributed to theaters and hotel conference rooms for companies supported functions to allow potential subscriber availability.
Triangle Multimedia is currently in negotiation for a business combination with a television programming company, which has many years of experience and a seasoned television management and creative staff.
Triangle Multimedia Limited Inc. uncertified share info is 15B shares authorized with 7 1/2 B shares outstanding. The company estimates 6000 existing shareholders.
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Originally posted by FurrySound:
Yes, it is true about the buy back... there was info on this earlier this year... IIRC it may have even been in a PR, and most certainly on the hotline. Anyone who's been here for a few months should recall reading about it. I don't have a link though.Source: Non-senile brain.