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Microcap & Penny Stocks : TQT - Triquanta Investments
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To: Bear Down who wrote (152)9/30/1997 10:56:00 PM
From: roger fontaine   of 195
 
TQT finally released some news which I found very positive,however the market didn't react.After reading the release I checked the price expecting the stock to have made a move upwards but to my dismay the stock never even moved up a penny and volume was low.Lets wait till tomorrow to see the market will react. The following is the press release. Subsidiary Receives Contract

We are very pleased to announce that our subsidiary Howell International Inc., has been awarded a
Contract, and forwarded a deposit, to provide and install the first International Standard (E-1) Central
Office (C.O.) switch for a new, privately owned telephone company operating in Guatemala. The
original cost of this NORTEL DMS-10 Standard Switching Module was $1.5 million USD.

This installation provides an excellent entry point for our company into the more sophisticated C.O.
area of the telephone switching business. We will also be supplying our modified and refurbished
PBX equipment to this network.

This NORTEL DMS switch has numerous features and capabilities. The system is mounted in a self
contained HVAC and earthquake proof work-station and has the hardware required to interconnect
this new network with the existing telephone company.

This switch will provide service for less than 1 percent of the customers this new telephone company
expects to have on-line over the next 24 months. TRIQUANTA will be involved, on a continuing basis,
as a major supplier and contractor for this project and we expect to supply the balance of the C.O.
switching equipment for this new telephone system.

The U.S. based investment group backing this new telecommunication company has committed to
investing in excess of $50,000,000 USD in bringing this venture on stream. Their eventual goal is to
serve over 1.2 million subscribers on this network.
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