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To: Jim Bishop who wrote (83560)5/1/2001 8:46:07 PM
From: CIMA  Read Replies (1) | Respond to of 150070
 
TRIT - Supposedly just getting started. This time the plan from last year will be implemented from what I'm told. If that is true it should be a hell of a lot higher than where it is now.

Excerpt from a profile from last year:

Triden Telecom, Inc. (TRIT OTC:BB)
613 Chase Drive, Tyler, Texas 75701
Phone: (903) 581 - 2040 Fax: (903) 581 - 2272
Website: tridentelecom.com

A publicly-traded telecommunications company focused on acquiring profitable private firms that will be spun off as fully-reporting, well-financed OTC-BB companies in which TRIT retains voting control

Triden Telecom is recommended for aggressive investors seeking both dividends (from TRIT subsidiaries spun off as public companies) and potentially-significant capital appreciation resulting from its telecom businesses over the longer term

TRIDEN TELECOM IS AN ACQUISITION-ORIENTED TELECOMMUICATIONS COMPANY BUILDING A PORTFOLIO OF PUBLICLY-TRADED SUBSIDIARIES
As an emerging telecommunications company, Triden Telecom?s (OTC-BB: TRIT) mission is to identify and acquire privately-owned telecom companies, and create a portfolio of publicly-traded business subsidiaries. The company is unique in its goal of wanting to have all of its assets (subsidiaries) tradable in the public equity markets.

What TRIT specializes in is assisting the privately-owned businesses it acquires in raising capital, facilitating public listings and providing each business entity with a full range of centralized, cost-effective management services; in return, Triden Telecom receives on-going management fees and a significant equity stake in each subsidiary.

Triden Telecom's management is firmly committed to paying a 5% stock dividend to its shareholders as each subsidiary is spun off as a fully-reporting OTC-BB company. The first dividend is expected to be paid out this spring.

TRIT IS THE ONLY TELECOM COMPANY THAT IS CURRENTLY SERVING AS AN INCUBATOR FOR PRIVATE COMPANIES WANTING TO GO PUBLIC IN TIMELY AND COST-EFFECTIVE MANNER
Triden Telecom's business strategy is based on the belief that in the United States and other countries that there are numerous privately-owned telecommunications companies that have stagnated due to the lack of adequate expansion capital. Typically, bankers are hesitant to loan money to these companies because of their size; similarly, private equity capital is scarce because of the lack of liquidity, even though the companies TRIT is targeting have competent, entrepreneurial management, strong balance sheets and substantial growth potential.

How Triden Telecom?s business plan works is that TRIT will acquire a telecom business (although the Company will diversify into other areas when greatly-undervalued situations present themselves), and roll it into a newly-created subsidiary of Triden Telecom, with TRIT retaining 51% of the sub, and the original business owners / investors, 49%. TRIT then nurtures and incubates the newly-acquired business as it transitions to becoming a public company. In return for fees, TRIT provides centralized management and administrative services (financing, legal, accounting, etc.) while also preparing the subsidiary to go public (audited financials, SEC filings, etc.) through an RTO into a fully-reporting OTC-BB vehicle. Triden Telecom also assists its subsidiaries with 504 offerings prior to going public, as well as subsequent financings (SB-2, Reg. A, etc.)

This is truly a win-win approach for everyone! Private companies that join the TRIT team are assured of adequate equity financing for expansion of their business, as well as a successful public listing. For Triden Telecom, every company that it acquires is essentially a future IPO, and by dividending part of each spin-off to TRIT shareholders, not only do TRIT's shareholders get a piece of the action, but the subsidiary is assured of having enough shareholders of record to facilitate the full OTC-BB listing.