You will find below my file on Triquanta. Hope ypu will find interesting information.
Best regards, Francoise Kartha
Triquanta Investments Ltd.
As a reminder, TRIQUANTA has two sites for information on the "Web". The first is with the Investors GURU at ccn.cs.dal.ca and the second is with the Stock Research Group at stockgroup.com check them out, they each offer a different focus. Don Wolanchuk continues to follow the company-listen in to his Investment Hotline at 1-900-288-6663 in the U.S. or 1-800-511-0781 in Canada, this is a toll call, but good information does not come cheap and Don is one of the best "stock pickers" in the business. Newsreleases at stockgroup.com Chart stockgroup.com
* From a marketing perspective we have two initiatives in the coming days, the first is a an E mail program which will hit over 300,000 addresses and introduce the company to these computer owner/users. This has been the way in which a number of our more recent shareholders have been introduced to the company. We expect to receive more than 500 requests for information packages from this program.
In addition, the company President will be appearing on the Financial Power Network, a syndicated radio program on Saturday March 23/96. This program reaches over 3,000,000 listeners in markets from Boston to San Diego. Mr. Kevin Howell of Howell Int'l. will be a guest in coming weeks. Check with Warren Smith to see if the program is carried in your market.
* On the technical front the stock looks good. Our 1100 followers who receive TRIQUANTA'S fax Bulletin will receive a chart and the more than 2,500 E mail followers can check out the chart at Stock Research Group. The stock has traded well in the 88 cent to 95 cent range and formed a base as indicated by the moving 10 day average. A break-out on the stock would be indicated by a close above the year to date high of $1.05 (CDN) or 78 cents (USD).
* The Company is continuing its search for acquisition targets in the telecom and communication fields.
* TRIQUANTA'S stock is having another good week, closing Thursday at 97 cents (CDN) or 72 cents (USD), up again. * FOR ADDITIONAL INFORMATION OR QUOTES PLEASE CONTACT WARREN SMITH at 1-800-719-9960, FAX 1-800-719-9981 or E MAIL: Triquant@cyberstore.ca
NEWS RELEASE TRANSMITTED BY CANADIAN CORPORATE NEWS
FOR: TRIQUANTA INVESTMENTS LIMITED
ASE SYMBOL: TQT
NASD BULLETIN BOARD SYMBOL: TRQLF
May 20, 1996
TRIQUANTA INVESTMENTS LIMITED - Alberta Stock Exchange - Symbol TQT NASD Bulletin Board - Symbol TRQLF
FROM: BOB MESSENGER
SUBJECT: CORPORATE AND MARKET DEVELOPMENTS
PRIVATE PLACEMENT - Triquanta is pleased to announce that EBC Zurich AG., of Switzerland, has subscribed for a Private Placement of the company's common stock. The proceeds will be used for general corporate purposes, including the purchase of the balance of Howell International Inc. (subject to regulatory approval) announced in our News Release of May 10, 1996, and to conduct Due Diligence on another possible acquisition. To our many shareholders who had expressed an interest in investing in this Private Placement, we again offer our apologies but regulatory barriers prevented the company from offering this Placement outside of Alberta, and within Alberta, only to "close friends and business associates". We are continuing to work with our lawyers, so all shareholders will be able to participate in future financings on this nature.
MARKET ACTIVITY - Triquanta's volume of 427,000 shares traded for the week ending May 17, 1996, was up significantly. The stock closed $1.20 Ask, last trade at $1.19, up 9 cents on the week or 90 cents Ask-last trade at 89 cents (USD).
The Canadian market is closed on May 20, 1996, but the NASD Bulletin Board, where Triquanta trades under the symbol TRQLF, is open. A new Bulletin Board Market in Triquanta's stock, (Comprehensive Capital Corp.) has been offering our American investors competitive pricing with the Alberta Stock Exchange.
To those potential shareholders in the U.S. inquiring about stock brokers who execute trades on the Canadian markets-we suggest using a discount broker such as Charles Schwab or Olde securities. For on-line trading try PC Financial Network (keyword: PCFN) on AOL or Compuserve.
To follow Triquanta's daily progress on -line re: price and volume check:http://www.alberta.net
MAY 10, 1996 Triquanta Investments - Purchase of Howell International Inc. VANCOUVER, BRITISH COLUMBIA--Triquanta Investments Limited ("Triquanta") announces the signing of a definitive Letter of Intent to purchase the remaining fifty (50) percent of Howell International Inc. (Triquanta now owns 50 percent of Howell.) This transaction, which is subject to regulatory approval, will result in Mr. Kevin Howell, potentially, becoming one of Triquanta's largest shareholders. Triquanta also wishes to announce that they have entered into a Consulting Agreement with E.B.S. Inc., of Miami, Florida to represent Howell's line of refurbished PABX equipment in selected countries in Central and South America. E.B.S. will be representing Howell, in this regard, at the telecom show in Rio de Janeiro, Brazil, June 10- 15, 1996. Triquanta and their subsidiary Howell are involved in the sale of modified and refurbished AT&T analog and digital switching equipment that complies with overseas market specifications. They intend to be providers of the "Highest quality, lowest cost" refurbished equipment in this extensive market. The common shares of Triquanta trade on the Alberta Stock Exchange in Canada under the symbol TQT and on the NASD Bulletin Board under the symbol TRQLF.
May 4 1996 Subject: Small-Cap Stock Analyst (SCSA) From: Robert Speirs<ab304@ccn.cs.dal.ca>
This is a very interesting situation, and I strongly advise that you contact the company immediately.
TQT is a reseller of refurbished AT&T equipment in Russia, and it expects big orders throughout 1996. Very pleasant news is expected in May 1996.
One expected order will result in profits of C$1.25 million. With only 6.5 million shares outstanding, that means a profit of C19c per share. With a conservative growth P/E ratio of 20, we have a C$3.85 stock. This is a stock with substance. The target price is at least $5 in 1996. I am in the process of completing a formal report about TQT and I expect to release it in late May 1996.
For more information, contact: Warren Smith TEL: 1-800-719-9960 or FAX: 1-800-719-9981 or EMAIL to: TQTAlberta@aol.com stockgroup.com (official WWW page) ccn.cs.dal.ca (my unofficial WWW page) ccn.cs.dal.ca (unofficial WWW page)
TRIQUANTA INVESTMENTS LIMITED
April 23, 1996
TO: TRIQUANTA SHAREHOLDERS
FROM: BOB MESSENGER-PRESIDENT
SUBJECT: MARKET POTENTIAL-BELARUS/RUSSIA
Our distributor in Belarus, Mr. Roland Russell, Chairman of Pavis Inc., has provided some exciting news.
On April 16, 1996, Mr. Russell met with Mr. Edward King of Dallas, Texas. Mr. King is the President of King Trade Capital, a company that provides short term funding against Letters of Credit, for companies engaged in exporting. Mr. King was Mr. Russell's guest at a private luncheon held in Dallas along with Ambassador Yalowitz, the U.S. Ambassador to Belarus.
In a follow up letter Mr. Russell stated, " We anticipate we will be able to sell and deliver about 200,000 lines (of switching equipment) the first 12 months in Belarus alone."
He then goes on to say, "Our permit in Belarus allows us to also sell into the Russian market and this is really exciting. AT&T has the permits to sell NEW ...... systems in Russia. We will be the only company with a permit to sell Refurbished .... systems in this very large market."
The above projections by Mr. Russell exceeded our internal projections for the next year for the Belarus market by a factor of four, and we have just recently been made aware of this very significant opportunity in Russia. The Russian population is 15 times larger than Belarus and will present a tremendous opportunity for Triquanta.
Given sales of this magnitude, Belarus alone would provide Gross Profits in excess of $2,500,000 over the next 12 months. Mr. Russell will be in Minsk, Belarus, the week of April 29, 1996 finalizing agreements with the Ministry of Telecommunications.
Triquanta Investments Limited through its 50% owned susidiary Howell International Inc. of Dallas, Texas, is involved in the sale of refurbished AT&T telephone switching equipment in emerging markets throughout the world. The company's common stock closed at 75 cents (US) on April 22, 1996.
CORPORATE UPDATE-MARCH 1996.
- Trading Symbol : TQT - Alberta Stock Exchange
BUSINESS OVERVIEW : Triquanta's business is the international telecommunications industry, primarily in emerging world markets such as Russia, China, Hungary, Poland, Czechoslovakia, Romania, India and The Philippines. Triquanta's Corporate Strategy for entry into the industry has been through joint ventures or acquisition of existing telecom companies.
CHINA - With joint venture partners, ANHUI PROVINCIAL SHUNTONG WIRELESS TELECOMMUNICATIONS CORP. and ANHUI PROVINCIAL SHUNDALI ECONOMIC AND TECHNOLOGICAL CORP. LTD. (formerly HAINAN SANTORI ECONOMIC TRADE CORP.), Triquanta opened the first of 13 proposed installations of a fully duplexed radio/telephone network in December, 1994. The first transmission tower is located in Hefei City, Capital of Anhui Province (Pop. 60 million). Within the next fiscal year, this tower is expected to become profitable as the subscriber base increases, and at that point, construction will begin on towers #2 and #3.
During the visit of company Director James Tong, in October of 1995, he attended the opening of our first retail outlet from which the public can subscribe for service on the wireless telephone system. This store also sells telecom equipment such as wireless telephones, regular telephones from a variety of suppliers and fax machines. On November 15, 1995, a network was completed that allows our subscribers in Hefei, to use their phones on the E. F. Johnson systems in 60 other locations throughout China, thus providing an extensive "roam" capability.
While the development of this joint venture has been slower than anticipated, China is only in the early development stages in regard to its telecommunications requirements and we feel it is very significant that Triquanta is a involved in the telecom industry in the worlds most populous nation.
HOWELL INTERNATIONAL INC. - In May of 1995, Triquanta purchased a 50% interest in HOWELL INTERNATIONAL INC. of Dallas Texas. This company sells modified and refurbished AT&T analog and digital switching equipment that complies with overseas market specifications. Howell intends to be the provider of the "highest quality, lowest cost" refurbished equipment in this huge market. It is important to note, Howell is able to sell this equipment for less than half the cost of most systems being offered in these emerging markets, thus giving these emerging economies access to American made communications technology they would otherwise be unable or unwilling to purchase because of cost.
-CHINA- Howell's distributor in Southern China is LASIR IMAGE INC. of New York. Lasir Image, in conjunction with UNION FRIEND GROUP, a Chinese based conglomerate, with sales of over HK$ 1.4 Billion, has proposed an agreement whereby they would lease switching equipment, to government run entities, such as hospitals, universities, etc.
2
This would open up a huge market of national and state run enterprises that do not have the funds for large capital expenditures to develop or upgrade their telecom systems, however, they do have the operating budgets from which they could pay monthly lease expenses. China has, of course, also experienced explosive economic growth and will spend tens of billions of dollars over the next ten years, updating their telecom infrastructure.
-RUSSIA/BELARUS - Howell has an exclusive agreement with PAVIS INC. of Dallas, Texas to market their equipment in BELARUS. PAVIS has formed a joint venture in conjunction with INTELCROS, a Moscow based company that specializes in the sales service and installation of telephone switching equipment.
On January 19, 1996, INTELCROS placed their first order for 10,956 lines of AT&T Dimension switching equipment, with PAVIS. PAVIS has indicated that they have another customer contemplating an order for approximately 30,000 lines of equipment.
The Russian Federation's telecom industry is expanding rapidly in order to meet the demands of their customers, the introduction of Howell's low cost American technology will speed this process. In order to meet the demands of their customers, PAVIS has indicated they will be ordering in excess of a million dollars of switching equipment for the Belarus market.
-HUNGARY, POLAND, CZECHOSLOVAKIA, BULGARIA, & ROMANIA - Howell is in negotiations now with a THE JIM SOWELL COMPANY, of Dallas Texas, and their Hungarian partner KONTRAX Kft., in regard to KONTRAX distributing Howell's refurbished equipment in the above countries. KONTRAX has over 38 offices and approximately 250 employees leasing and selling copier equipment throughout Eastern Europe. Negotiations have progressed to the point where SOWELL has ordered a demonstration switch which has been air- freighted to Budapest, to be evaluated and certified for use.
The addition of SOWELL/KONTRAX to our roster of distributors would give Howell excellent sales and support coverage in these former eastern bloc countries. The population of these 5 countries is in excess of 88 million, more than 8 times that of Belarus, and given the somewhat more advanced economies of Poland, Hungary and Czechoslovakia, the potential for significant sales is excellent.
-THE PHILIPPINES, INDIA, KUWAIT & GHANA -Distribution agreements are in the final stages negotiations. Triquanta will keep you updated as new contracts are signed.
SUMMARY: Through its joint venture agreements and acquisitions, Triquanta has been able to enter the multi-billion dollar international telecommunications business and believes each of their Corporate Partnerships has the potential to be a multi-million dollar, stand alone, business. They have concentrated on countries with limited financial resources who are experiencing unprecedented economic growth, thereby resulting in the urgent need to update and expand their telecom systems with reasonably priced and reliable telephone and switching equipment. Triquanta is making excellent progress in entering these markets with our telecom equipment due to our very competitive pricing policies and our aggressive pursuit of international distributors, from whom we expect to receive several million dollars in orders, during the coming year.
"Timing is the key to market profits." Triquanta is a low cap, emerging growth company, and offers investors a unique vehicle to benefit from the explosive growth of the international telecom industry.
CAPITALIZATION LISTED Issued 8,800,000 ALBERTA STOCK EXCHANGE-SYMBOL-TQT Escrowed & Earnout(Restricted) 1,850,000 Principals 2,000,000 Lead Brokers 1,700,000 SEC 12g 3-2b EXEMPTION 382-3511 EFFECTIVE FLOAT 3,250,000
To receive further updates, a current stock quote, or the name of a broker that follows this company, please call: WARREN SMITH at 1 800 719 9960, FAX 1 800 719 9981 or E MAIL triquant@cyberstore.ca
TRIQUANTA INVESTMENTS LIMITED
NEWS RELEASE January 20, 1996
RE: SALE OF SWITCHING EQUIPMENT IN BELARUS
TRIQUANTA INVESTMENTS LIMITED ("Triquanta") announces that their 50% owned affiliate HOWELL INTERNATIONAL INC. ("Howell"), of Dallas, Texas, has been advised by their Belarus based distributor, that they have received a Purchase Order for 10,956 lines of modified AT&T-PABX switching equipment.
Howell has received a copy of the above noted Purchase Order, which included the configurations for the systems requested by the purchaser, and cannot see any difficulty in providing this equipment, from inventory.
This order represents the first multi-unit sale of PABX equipment by Howell, since becoming affiliated with Triquanta. The purchaser has stated that they expect to have requirements for a further 30,000 lines within 45 days.
The common shares of Triquanta trade through the facilities of the Alberta Stock Exchange under the symbol TQT.
The Alberta Stock exchange has neither approved nor disapproved the information contained herein.
For further information please contact Warren Smith at 1-800-719-9960 or Fax 1-604-988-7447.
The above information is not a solicitation to purchase securities and is only an attempt to provide interested parties with information.
CORPORATE UPDATE
TRIQUANTA INVESTMENTS LIMITED Trading Symbol : TQT - Alberta Stock Exchange
TRQLF-NASD Bulletin Board
BUSINESS OVERVIEW :
Triquanta's business is in the international telecommunications industry, primarily in emerging world markets such as Russia, China, Hungary, Poland, Czechoslovakia, Romania, India and The Philippines. Triquanta's Corporate Strategy for entry into the industry has been through joint ventures or acquisition of existing telecom companies.
CHINA - With joint venture partners, ANHUI PROVINCIAL SHUNTONG WIRELESS TELECOMMUNICATIONS CORP. and ANHUI PROVINCIAL SHUNDALI ECONOMIC AND TECHNOLOGICAL CORP. LTD. (formerly HAINAN SANTORI ECONOMIC TRADE CORP.), Triquanta opened the first of 13 proposed installations of a fully duplexed radio/telephone network in December, 1994. The first transmission tower is located in Hefei City, Capital of Anhui Province (Pop. 60 million). Within the next fiscal year, this tower is expected to become profitable as the subscriber base increases, and at that point, construction will begin on towers #2 and #3.
During the visit of company Director James Tong in October of 1995, he attended the opening of our first retail outlet from which the public can subscribe for service on the wireless telephone system. This store also sells telecom equipment such as wireless telephones, regular telephones from a variety of suppliers and fax machines. On November 15, 1995, a network was completed that allows our subscribers in Hefei, to use their phones on the E. F. Johnson systems in 60 other locations throughout China, thus providing an extensive "roam" capability.
While the development of this joint venture has been slower than anticipated, China is only in the early development stages in regard to its telecommunications requirements and we feel it is very significant that Triquanta is a involved in the telecom industry in the worlds most populous nation.
XANATEL COMMUNICATIONS INC. - In September, 1995 Triquanta purchased 100% of XANATEL, a British Columbia based company. In September, 1995, Triquanta's wholly owned subsidiary, Xanatel made formal application to Industry Canada (a Federal Government agency), for a regional PCS license service to provide to the 3.6 million residents of British Columbia, Canada.
PCS networks are the next wave in the mobile telephone market as cellular companies begin to run out of available spectrum to accommodate the growing number of subscribers. A PCS network can carry five times the number of subscribers in the same MHz of band width or spectrum as present day cell systems. There will also be a wide range of other wireless services such as fax and data transmissions, as well as video, on the PCS systems.
On December 18, 1995, Industry Canada announced that four of a possible six licenses had been issued and Triquanta's subsidiary, Xanatel was not one of the recipients. At this time it is the intention of Xanatel's management to contact the regional applicants from Ontario and Quebec, neither of whom received a license, and attempt to form an alliance which would make application for one of the remaining licenses. Each of the three parties would then be an operator of the PCS system in their Province, if this application was successful. The company will keep the shareholders informed of any significant developments in this regard.
HOWELL INTERNATIONAL INC. - In May of 1995, Triquanta purchased a 50% interest in HOWELL INTERNATIONAL INC. of Dallas Texas. This company sells modified and refurbished AT&T analog and digital switching equipment that complies with overseas market specifications. Howell intends to be the provider of the "highest quality, lowest cost" refurbished equipment in this huge market. It is important to note, Howell is able to sell this equipment for less than half the cost of most systems being offered in these emerging markets, thus giving these emerging economies access to American made communications technology they would otherwise be unable or unwilling to purchase because of cost.
-CHINA- Howell's distributor in Southern China is LASIR IMAGE INC. of New York. Lasir Image, in conjunction with UNION FRIEND GROUP, a Chinese based conglomerate, with sales of over HK$ 1.4 Billion, has proposed an agreement whereby they would lease switching equipment, to government run entities, such as hospitals, universities, etc.
This would open up a huge market of national and state run enterprises that do not have the funds for large capital expenditures to develop or upgrade their telecom systems, however, they do have the operating budgets from which they could pay monthly lease expenses. China has, of course, also experienced explosive economic growth and will spend tens of billions of dollars over the next ten years, updating their telecom infrastructure.
-RUSSIA/BELARUS - Howell has an exclusive agreement with PAVIS INC. of Dallas, Texas to market their equipment in BELARUS. PAVIS has formed a venture in conjunction with INTELCROS, a Moscow based company that specializes in the sales service and installation of telephone switching equipment. INTELCROS has been granted a non-exclusive right to market Howell's switches in the Moscow area of RUSSIA. In Oct./95 Howell shipped, via air freight, the first switch to be purchased by the Belarus National Bank head office in Minsk, capital of Belarus.
This single switch allowed the bank to increase the number of telephones in this Head Office location from 40 to 356, allowed such services as call waiting and inter-office direct dialing capability, all utilizing the same 40 Central Office or exchange lines already provided to the location by the local telephone authority.
The Russian Federation's telecom industry is expanding rapidly in order to meet the demands of their customers, the introduction of Howell's low cost American technology will speed this process. In order to meet the demands of their customers, PAVIS has indicated they will be ordering in excess of a million dollars of switching equipment for the Belarus market alone. With Howell's profit margins in excess of 50%, these sales will have significant bottom line impact.
-HUNGARY, POLAND, CZECHOSLOVAKIA, BULGARIA, & ROMANIA - Howell is in negotiations now with a THE JIM SOWELL COMPANY, of Dallas Texas, and their Hungarian partner KONTRAX Kft., in regard to Kontrax distributing Howell's refurbished equipment in the above countries. KONTRAX has over 38 offices and approximately 250 employees leasing and selling refurbished copier and computer equipment throughout Eastern Europe. Negotiations have progressed to the point where Sowell has ordered a demonstration switch to be air-freighted to Budapest immediately, to be evaluated and certified for use.
The addition of SOWELL/KONTRAX to our roster of distributors would give Howell excellent sales and support coverage in these former eastern bloc countries. The population of these 5 countries is in excess of 88 million, more than 8 times that of Belarus, and given the somewhat more advanced economies of Poland, Hungary and Czechoslovakia, the potential for significant sales is excellent.
-THE PHILIPPINES, KUWAIT & GHANA-Distribution Agreements are in the final stages of negotiations. Triquanta will keep you updated as new contracts are signed.
SUMMARY:
Through its joint venture agreements and acquisitions, Triquanta has been able to enter the multi-billion dollar international telecommunications business and believes each of these Corporate Partnerships has the potential to be a multi-million dollar, stand alone business. They have concentrated on countries with limited financial resources who are experiencing unprecedented economic growth, thereby resulting in the urgent need to update and expand their telecom systems with reasonably priced and reliable switching equipment. Triquanta is making excellent progress in entering these markets with our telecom equipment due to our very competitive pricing policies and our aggressive pursuit of international distributors, from which we expect to receive several million dollars in orders in the coming year.
"Timing is the key to market profits." Triquanta is an emerging growth company poised for rapid growth and offers investors a unique vehicle to benefit from the explosive growth of the international telecom industry.
CAPITALIZATION LISTED Issued 7,500,000 ALBERTA STOCK EXCHANGE-SYMBOL-TQT Escrowed & Earnout(Restricted) 2,300,000 NASD BULLETIN BOARD-SYMBOL-TRQLF Principals 1,000,000 Lead Brokers(2) Clients 1,400,000 SEC 12g 3-2b EXEMPTION 382-3511 EFFECTIVE FLOAT 2,800,000
CAPITALIZATION
Issued & Outstanding: 6,453,820
Escrowed & Earnout: 1,500,000
Owned by principals: 1,000,000
Approx. Float: 3,900,000
FINANCIAL
Assets: C$1,000,000
Long-Term Debt: None
CORPORATE DATA
LISTED: Alberta Stock Exchange
TRADING SYMBOL: TQT
NASD SYMBOL: TRQLF
SEC 12g3-2b exemption #82-3511
TRANSFER AGENT
Montreal Trust Co.
Calgary, AB
MANAGEMENT & DIRECTORS
Bob Messenger, B.A. (Economics & Commerce) President and CEO
Irene L. Day, B.Sc. Director
James Tong Director
John Buchanan Secretary
Triquanta has pursued a strategy of making relatively modest investments in potentially high growth start-ups in the telecommunications business. These investments have been both foreign, and now, domestic based.
The company believes that each of these investments has the potential to be a multi-million dollar, stand alone business and thereby generate significant shareholder value in a small capitalization company such as Triquanta.
In the future, the company will continue to evaluate similar investment opportunities that conform to our strategic objectives and hold the promise of significant benefit to our shareholders.
To receive late breaking news, more information, further updates, a current stock quote, or the name of a broker that follows this company, please call: Investors Relation Department at 1 800 719 9960 or fax 1 604 988 7447. .TQT Triquanta Investments closed at $1.10 on Friday, up .05 for the week trading over 450,000 shares. Mid week TQT broke 52 week highs at $1.20. We understand Kevin Howell president of Howell Industries (owned 50% by TQT) will be interviewed on Don Wolanchuk's syndicated radio show this week. Mr. Wolanchuk will be a guest this month on NBR Nightly Business Report. We feel Howell has a great business selling refurbished AT&T Dimension PABX telephone switching equipment worldwide and we are waiting for news of the 30,000 line order in Belarus. Additional orders from India, Hungary and the Far East are also expected over the next few weeks and months. Negotiations have begun with potential clients in the Ukrane familiar with Howell's success in Russia. TQT has other deals in the works but we can't seem to pry any info. out of them. If you hear of anything please let us know.
Technically TQT is very strong. We have updated our Research Forum with chart buttons for all our Canadian Stocks followed. These charts are updated daily. If you check out TQT's chart you will notice how it appears to surge, plateau for about 2 weeks and then move to a higher plateau. We have noticed this at .45, .60, .90 and now at $1.10. TQT continues to make higher lows and higher highs within an almost perfect upwards channel. We intend to re-evaluate if and when TQT hits its alltime high of $2.30. |