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TDCM has moved up from the .03-.05 area and on significant volume hit as high as .50. This move was premature and TDCM has since corrected looked like a pretty good shakeout and has since started mving upward again. This looks like a very interesting situation which is just developing, the board on R.B. has started becoming more active so I thought I would start the thread going on S.I. as I am sure that TDCM will start becoming quite a performer in the future. Company contact is Tom Biddix 1-407-729-8850. I have attached a couple of releases from back in December on how this situation came to be and will post some of the more pertinent info form R.B. in the future.
(PR NEWSWIRE) Transamerican Petroleum Acquires Pre-Cell Solutions, Inc. Transamerican Petroleum
Acquires Pre-Cell Solutions, Inc.
NEW YORK, Dec. 10 /PRNewswire/ -- Transamerican Petroleum Corp. [TAMP] announced a merger with Pre-Cell Solutions, Inc., a privately held corporation that specializes in providing telecommunications solutions
and services worldwide. Their goals are to provide customers and agents with quality service, leading edge technology and to continue to meet their demands.
Major product lines consist of Internet meter reading for the utilities, both prepaid and post paid platforms.
Pre-Cell is acquiring the proprietary software for the meter readers, and has internally developed the proprietary
hardware for the prepaid utilities (such as Gas, Water, Electric, etc.). Poised to expand exponentially in the near
future, Pre-Cell was founded on, and is committed to, providing the highest quality of services to their
customers. Led by Thomas Biddix, the President, the senior management team has accumulated years of
extensive technical and marketing experience in the telecommunications industry.
Headquartered in Florida, Pre-Cell has strategically positioned its product line, sales force and resources to
become a major player into the next millennium.
Transamerican Petroleum will change its name to Pre-Cell Solutions, Inc. and their stock will be reverse split by
seven. The Officer and Directors of Transamerican Petroleum have resigned. The new officers and directors
elected are Thomas E. Biddix, Chief Executive Officer, President, Treasurer; and Timothy McWilliams,
Secretary.
This news release contains certain forward-looking statements that involve risks and uncertainties. Factors that
could cause or contribute to such risks and uncertainties include but are not limited to, general economic and
business conditions, competition, changes in technology and methods of marketing and various other factors
beyond a company's control.
PR Newswire, Monday, December 21, 1998 at 09:20
MELBOURNE, Fla., Dec. 21 /PRNewswire/ -- As of December 1, 1998, Transamerican Petroleum, (OTC
Bulletin Board Symbol: TAMP) (the "Company") announced that it had entered into an agreement with Pre-Cell
Solutions, Inc. ("Pre-Cell") to acquire 100% of the issued and outstanding shares of capital stock of Pre-Cell.
The company and Pre-Cell exchanged shares pursuant to a Share Exchange Agreement. The Company
declared a 1 for 7 reverse split of its outstanding common stock (the "Reverse Split").
After giving effect to the Reverse Split and the issuance of additional shares, the Company will have 33,848,426
post Reverse Split shares of common stock issued. Pre-Cell's new OTC Bulletin Board symbol is TDCM.
Thomas E. Biddix has been named Chairman, Chief Executive Officer, President and Treasurer of the
combined entity and Timothy F. McWilliams was named Secretary and has been selected to serve on the
Company's Board of Directors.
Pre-Cell Solutions shall focus on the development and marketing of a very low-cost internet-based device that
can reach, control and communicate with nearly any remote device over the internet. Everyday uses of this
technology shall include remote meter reading system for water, gas, electricity, direct T.V. and cable (both
post-paid and pre-paid), monitoring of remote security systems, remote stations, buildings, vehicle traffic
counters, fuel station tanks, truck fuel & oil among many others.
Pre-Cell Solutions is poised to efficiently use the internet and wireless telecommunications system to
significantly lower the operations costs of Fortune 500 companies throughout the world. Biddix stated that, "The
future of technology is internet-based, the future of a business survival is lower overhead; our product is the best
of both!" |
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