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Microcap & Penny Stocks : GAAY - Triangle Broadcasting Company (was TBCS) -- Ignore unavailable to you. Want to Upgrade?

To: E. Taylor who wrote (1944)	10/1/1999 9:24:00 AM
From: Sprintcar	Read Replies (1) \| Respond to of 2118

Now you know who owns what, and all the bs artists on the threads for their own personal gain should now be quieted. (COMTEX) B: (QBID) Access TradeOne.com Purchases Additional Shares in B: (QBID) Access TradeOne.com Purchases Additional Shares in Triangle MultiMedia Limited PALM SPRINGS, Calif., Oct 1, 1999 (BUSINESS WIRE) -- Access TradeOne.com (OTC BB:GMKT) has purchased 14 million shares of common stock of Triangle MultiMedia Limited (OTC BB:QBID) in a "Non-Issuer Private Transaction." The company had previously purchased a 12.5 percent interest in Palm Springs Television Studios Inc. prior to its being acquired by Triangle MultiMedia Limited. Subsequently, Access TradeOne.com converted its 12.5 percent ownership into Triangle MultiMedia Limited common stock at an "anti-dilutive floor" of 10 percent of the total outstanding shares of the company. Palm Springs Television Studios is a wholly owned subsidiary of Triangle MultiMedia Limited and is the owner/operator of the television studios and stations located in Palm Springs. In addition to this, the company is the owner/operator of Auction Television and Bingo TV, which air weekly each Saturday. The company is also active in Internet-related sites for the above programs and the company's lifestyle flagship www.howgay.com. Access TradeOne.com is filing the appropriate paperwork with the Securities and Exchange Commission as a matter of disclosure to all present and future shareholders. The company's intent is to hold the 14 million shares for investment purposes and when available, as per SEC Regulations, possibly making the shares available for sale in the marketplace of Triangle MultiMedia Limited's common stock. The company states this as a matter of additional disclosure. "The purchase of the 14 million shares is strictly for investment purposes. We are pleased with the value that the independent appraisals as they have been submitted to us. These appraisals were part of our PSTS share conversion agreement and were the reason for our conversion to QBID common stock," stated Joseph Pittera, chairman. "In addition, we are looking forward to the mailing of the Triangle MultiMedia proxies as amended and for some closure to the merger question that is outstanding at this time. I am confident the proxy process will move quickly." Due to the Triangle investments and the completion of the acquisition of Access TradeOne Capital Markets Inc., the company will audit its Sept. 30 quarter as ended. The company has previously completed its June 30, 1999, audit and is currently in the process of filing its Form 10 with the Securities and Exchange Commission in order to become fully reporting. The company is proceeding with the development of its 24 hour financial network, which will broadcast global financial news both on television and over the company's Internet global trading system. The programming will be "geared" more to worldwide markets and will include remote broadcasts from stock exchanges throughout the world. The network is called "Intermarket -- The Global Financial News Network" and it will be anchored at the Palm Springs Television Studios. Access TradeOne.com's site when fully developed will allow the individual user the ability to retrieve quotes worldwide in the equity, bond, commodity and futures markets while viewing news from the world financial marketplace. Phase Two of the Internet project includes the ability of the user to actually set up an account and trade on various markets via a secured direct communication link with regional brokerages in various countries throughout the world. Access TradeOne.com's marketplace is not only individual users but brokerage firms that would like to offer their clients "captured" domestic and international trading. This news release contains certain forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended, which are intended to be covered by the safe harbors created thereby. Investors are cautioned that all forward-looking statements involve risk and uncertainties including the ability to complete its business plan as previously stated. Copyright (C) 1999 Business Wire. All rights reserved. Distributed via COMTEX. -0- CONTACT: Evans, Lambert & Associates Rodney Evans, 310/328-3588 Evlam2000@aol.com WEB PAGE: businesswire.com GEOGRAPHY: CALIFORNIA INDUSTRY CODE: COMED INTERACTIVE/MULTIMEDIA/INTERNET BANKING ENTERTAINMENT COMPUTERS/ELECTRONICS Today's News On The Net - Business Wire's full file on the Internet with Hyperlinks to your home page. * end of story *