Titan Motorcycle Co. of America (TMOT) Message Board

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Non-Tech : Titan Motorcycle Co. of America (TMOT)

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To: RossT who wrote (94)	7/21/1998 9:57:00 PM
From: Dayuhan	Read Replies (1) of 219

Ross, Andrew's response: The prepaid advertising to Easyriders publishing company is mentioned in the 1996/97 Financial statements - Note 8 Subsequent Event: In 1998, the Company issued 60,000 shares of its common stock and agreed to transfer $200,000 of its motorcycles over a two year period to a publishing company for advertising services valued at $500,000, which will be used in 1998 and 1999. The issuance of stock to overseas investors was part of the original financing of the company and subsequent market support of its overseas individual investors, all part of the IPO. Steve

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