Mark Harris told the Press in the Ziasun Rebuttal that Veritas had moved to Ziasuns headquarters
because of the time zones and investor convenience in the rebuttal to stock detective. How can that be? Ziasun did not become Ziasun until 10/98. This article clearly is dated 4/6/1998 and is touting TMOT. Later in Ziasuns 10sb we would find out that they owned tons of shares of TMOT stock. We also found out that Momentum insider Steve Rogers was touting Titan on the message boards. He stated that his company was doing the PR in Asia for Titan.
northernlight.com
"CONTACT: Veritas Group, 800-773-7317, Vancouver, Canada, or 877-259-2929, Solana Beach, California"
PR Newswire - April 6, 1998
Titan Motorcycle Co. 1997 Revenue Up 262%... Stage Set for Profitability in 1998
PHOENIX, April 6 /PRNewswire/ -- Frank Keery, chief executive officer of Titan Motorcycle Co. of America (OTC Bulletin Board: TMOT), today announced year-end results. For the 12 months ended December 31, 1997, the company posted revenue of $13.1 million (up 262 percent) compared to net revenue of approximately $5.0 million for the year ended December 31, 1996.
According to Keery, while the company experienced an operational loss of approximately $1.7 million for the year, results were in line with management's plans for rapid growth and market penetration. "All facets of our business underwent major improvements as we continue to build the infrastructure necessary to ensure continued expansion and leadership in selected markets that represent excellent long-term potential. We are exceptionally pleased with the revenue trend, and the stage is set for profitable growth in 1998 and beyond," Keery said.
Keery indicated that the company is beginning to see the initial positive results of strategic long-range planning and investment, with the first quarter 1998 sales dramatically higher and with solid improvements in operating results versus last year's comparable period.
Founded in 1994, Titan Motorcycle Co. of America is a premier designer, manufacturer and distributor of high-end, American-made, V-twin engine motorcycles marketed under various Titan trademarks. Titan's unique, hand built configurations, include the GeckoTM, RoadrunnerTM, SidewinderTM, ScorpoinTM, and CoyoteTM, represent the finest available in custom-designed, volume-produced, performance motorcycles. Manufactured at the company's 64,000 square-foot corporate headquarters and manufacturing facility, and available with a variety of customized options and design modifications, Titan's large displacement motorcycles are sold through a dealership network of 45 stocking dealers in the United States and 15 international dealers.
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SOURCE: Titan Motorcycle Co. of America
CONTACT: Veritas Group, 800-773-7317, Vancouver, Canada, or 877-259-2929, Solana Beach, California
NOTE: This release contains forward-looking statements within the meaning of the "safe harbor" provisions of the Private Securities Litigation Reform Act of 1995 that involve a wide variety of risks and uncertainties, including, without limitation, statements with respect to the Company's strategy and prospects. Readers and investors are cautioned that the Company's actual results may differ materially from those described in the forward-looking statements due to a number of factors, including, but not limited to, demand for the Company's custom-manufactured performance motorcycles, the Company's ability to continue to develop select markets, general economic conditions both domestically and abroad, the conduct of business by the Company in foreign markets and other factors that may be more fully described in additional documents set forth by the company. |
