By MICHAEL L. WALLACE President and Chief Operating Officer Trinity Gas Corporation, Inc.
April 20, 1999
The renaissance of Trinity Energy Resources, Inc., continues, thanks due in large part to you, our existing shareholders, who have supported our rebirth and stayed the course through the darkest of times. I have often likened the past months as being the equivalent of pushing a huge, heavy boulder up a mountain. I am proud to say that while we are still pushing the boulder, we can now see light on the other side. The top of the mountain is in view!
As this is written and posted on the website, our Rights Offering should be hitting the mailboxes of existing shareholders. The Private Placement Memorandum (PPM) is out, and while I cannot say that we have funds on the table as it is a bit early, I can say that indicated investor interest has been nothing short of magnificent. I would urge each and every shareholder to participate in the Rights Offering and/or the PPM as early as possible in an effort to ensure that Trinity reaches its goals and participates in the many potentially profitable opportunities currently sitting on our doorstep. Let me stress that while the Rights Offering is available for a six-month period, the earlier we are funded, the sooner we move to the next level of implementation of our strategic business plan.
May and June will be extremely busy months for the executive officers of the company, as plans are underway to open our first international office location in N'djamena, Republic of Chad, sometime in June. At the same time, we are scheduled to kickoff exploration operations in Chad beginning in late May or early June. In addition, we anticipate starting air magnetic studies in conjunction with evaluation of seismic and other geographical and geophysical data collected by the Chadian government.
Trinity Energy Resources, Inc., is making progress, sometimes at the speed of sound, other times barely inching along. The net result is that positive progress is being made. I want to close by thanking each and every shareholder, who voted in our recent proxy election, for your support and interest. Your response is making this possible. It is my hope and the hope of our executive officers and board that you promptly exercise your options under the Rights Offering or the PPM to purchase additional shares to help further the goals of the company.
Michael L. Wallace, president
trinity.energy@excite.com. |