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Non-Tech : Western Oil and Tire Distributors (WOTD) -- Ignore unavailable to you. Want to Upgrade?


To: KOLOS who wrote (40)8/15/1998 10:53:00 AM
From: D LEE  Respond to of 255
 
good morning! Kolos:

pardon my lack response to you on the 5th.
i was unwilling to go on a fishing expedition at the time,
and will be the first to admit i am a very poor researcher!

It seems Matt acted with good foresight when he created
the WOTD thread, and also that SI is quite a useful tool
for Shareholders! Much information has been exchanged
already on the Knightsbridge Corp. (KBDG) thread you created.
I think you'll agree that "Milk" is one dead on sharp person!

One thing that may help you here is establishing a
"LURKER POST system" like on the cvia thread. Give readers
who are "not" members of Silicon Investor the ability to
e-mail you (announce your e-mail address in a post here)
so they too can express their ideas. Some valuable information
may enter your thread rather quickly! (That "CVIA Thread" has
been quite an experience and the shareholders have steadily
done many creative things imo! I think you will be able to
see that happen here as well with the many WOTD Shareholders.)

I'm sure Matt will be popping in to say hello and wish you
the best. His good spirit allows him to do many unusual things
here on SI! (For example, drafting me into a friendly stock picking
contest VS. another young SI member named Daniel.
Perhaps you would like to join Matt's teem too.

an Announcement to Matt:
Hi Matt! ..yep, i'll join your teem! it should be very spicy.
and i wouldn't want to miss out on the updates and progress..i'll
try my best not to disappoint you..."yikes!"...Hey, Kolos?
do you have $460,000? ...i want to make some use of matt's picks!
Whoops!...that was a joke! I promise, i'll get a job instead
for that next monday. -g-

So e-mail or "PM" Matt if you want to join the teem, Kolos.
There is a dead line, but i think it's been extended.
I'm looking forward to some good information from that, myself
-as well as the future posts on this thread of yours.

Dave



To: KOLOS who wrote (40)8/16/1998 4:32:00 PM
From: Popiye  Respond to of 255
 
Lurking. Charles "P" ... best of luck with this crook JMHO. Best wishes:)



To: KOLOS who wrote (40)8/16/1998 6:26:00 PM
From: Milk  Respond to of 255
 
I sure hope so... Although considering Pat Charles' track record, I wouldn't be too optimistic

Subject 21901

Regards,

Mike



To: KOLOS who wrote (40)8/25/1998 8:52:00 AM
From: Milk  Respond to of 255
 
Tuesday August 25, 8:32 am Eastern Time
Company Press Release

Western Oil & Tire Distributors, Inc. Finalizes Merger Transaction With Knightsbridge Corporation.
Change in Corporate Name and Management

KIRKLAND, Wash. --(BUSINESS WIRE)--Aug. 25, 1998-- Under the Agreement and Plan of Merger dated July 24, 1998 the corporate name ''Knightsbridge Corporation'' (''KBDG'') was changed to Western Oil & Tire Distributors, Inc. (''WOTD'').

Certain officers and directors of the Company resigned their positions and were succeeded by the appointment of WOTD management team members. Currently, the Board of Directors and Officers of the company are as follow:

Patrick F. Charles, president/CEO, chairman of the board

Terrence K. Picken, executive vice president/COO, director

Samuel H. Eisenberg, director, senior executive, Portfolio Investments Strategies, Inc. N.Y.

Harold Peter Capozzi, director, former chairman, president and CEO of Knightsbridge Corp.

The Company thanks John Thornton and Byron Cox for their past services as officers and directors and Herb Capozzi for his past service as chief executive officer and chairman and for his continuing support as a director of the Company.

Office Relocation

Executive offices of the Company have been relocated to the Seattle area at 8756 122nd Avenue NE, Kirkland, Wash. 98033.

Status of Acquisitions

The Company is actively involved in negotiations with 15 business acquisition possibilities located in Western United States and Canada. One tire business acquisition ($3 million revenue) is under contract with an anticipated closing within the next 60 to 90 days. The Company's goal is to close 4 to 6 acquisitions representing a revenue base of $100 million or more by December 1999.

Financing

Prior to its merger with KBDG, WOTD raised approximately $460,000 in long-term debt financing. An additional $150,000 was secured in conjunction with the merger agreement under a $1 million private placement of the Company's convertible debentures. The balance of the commitment ($850,000) is expected to be finalized within the next 6 to 8 weeks. The Company's plan is to raise additional capital through private placement or public offering of the Company's securities.

Trading Symbol

The trading symbol for the Company is ''WOTD'' replacing the ''KBDGD'' symbol which followed the reverse stock split of 1 for 4 approved by KBDG's Board as of July 24, 1998.

This release contains forward-looking statements with respect to the results of operations and business of Western Oil & Tire Distributors, Inc. that involve risks and uncertainties. The Company's actual future results could materially differ from those discussed. Risks and uncertainties of the Company will be detailed from time to time in the Company's periodic reports.

--------------------------------------------------------------------------------
Contact:
Western Oil & Tire Distributors, Inc.
(Investor Relations)
Mike Walker, 888/878-9683
wotdi@aol.com
or
RMJ & Associates, Inc.
(Investment Professionals)
Peter Bianchi, 281/596-9000
rmjassoc@swbell.net

--------------------------------------------------------------------------------



To: KOLOS who wrote (40)9/8/1998 4:13:00 PM
From: Milk  Read Replies (1) | Respond to of 255
 
*FYI* WOTD site is up:

wotd.net