ATMS- William
I am curious if this part of the press release bothered you at all. I find it kind of strange that ATMS said this agreement was in place and is now reversing that statement. Your thoughts would be greatly appreciated.
Regards,
Daniel Mack
"In addition, Mike Hudson, Executive Vice President of Tidel, stated that a correction of an earlier press release is necessary.
On May 13, 1999, Tidel indicated that one of its largest distributors, Credit Card Center had reached a deal with Motiva
Enterprises, LLC to offer ATM equipment and services to more than 14,000 Shell and Texaco branded stations primarily
located in 26 Eastern and Gulf Coast states and Washington, D.C. Motiva has subsequently advised the Company that
although Credit Card Center has placed ATMs in certain Shell and Texaco stations, no national sales agreement is in place
between the two parties. To date, equipment has only been installed in a few stations in the New York/New Jersey region, and
there is no obligation on the part of Motiva for additional installations." |
