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Meldung des Tages: Das ist kein Gold-Boom, das ist ein Systembruch – und er hat gerade erst begonnen
Der heute TTGG kauft ist nächste Woche
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naja ist noch nicht ganz der durchbruch oder???
Press Release
Source: T & G2
T & G2 Receives Order for More Gaming Units In Northwest Region Of U.S.
Monday March 1, 3:00 pm ET
BERNARDSVILLE, N.J.--(BUSINESS WIRE)--March 1, 2004--T & G2 (OTCBB: TTGG - News; BERLIN: TG6 - News; FRANKFURT: TG6)(WKN 812 894) announced today that its wholly owned subsidiary, Zingo Sales, Ltd. (ZINGO) received an order for the installation of an additional 6 Electronic Gaming Units utilizing the Doubletime game in the Northwest Region of the United States. The Units were installed two weeks ago and have been operating and generating revenue for the Company.
Zingo experienced a slow down in business over the past three months due to the harsh winter. Additionally, Zingo was waiting on numerous jurisdictions to give the approval for the Ultimate Bingo games in the western part of the United States. Many of these approvals have been obtained. Expansion into Europe is also progressing at a quickened pace. Many marketing and distribution channels are in the process of being put into place.
"Zingo received a plethora of inquiries for the gaming products in several jurisdictions. Now that the harsh winter is over and we just recently received approvals for the games in additional areas, I expect to see us accelerate our sales at a very quick pace," stated T & G2's CEO, James M. Farinella "Our over seas projects are also progressing very nicely and we should soon reap the rewards from these efforts."
The Private Securities Litigation Reform Act of 1995 provides a safe harbor for forward-looking statements made on behalf of the company. All such forward-looking statements are, by necessity, only estimates of future results and actual results achieved by T & G2 (TTGG) may differ materially from these statements due to a number of factors. TTGG assumes no obligations to update these forward-looking statements to reflect actual results, changes in assumptions or changes in other factors affecting such statements. You should independently investigate and fully understand all risks before making investment decisions.
Source: T & G2
T & G2 Receives Order for More Gaming Units In Northwest Region Of U.S.
Monday March 1, 3:00 pm ET
BERNARDSVILLE, N.J.--(BUSINESS WIRE)--March 1, 2004--T & G2 (OTCBB: TTGG - News; BERLIN: TG6 - News; FRANKFURT: TG6)(WKN 812 894) announced today that its wholly owned subsidiary, Zingo Sales, Ltd. (ZINGO) received an order for the installation of an additional 6 Electronic Gaming Units utilizing the Doubletime game in the Northwest Region of the United States. The Units were installed two weeks ago and have been operating and generating revenue for the Company.
Zingo experienced a slow down in business over the past three months due to the harsh winter. Additionally, Zingo was waiting on numerous jurisdictions to give the approval for the Ultimate Bingo games in the western part of the United States. Many of these approvals have been obtained. Expansion into Europe is also progressing at a quickened pace. Many marketing and distribution channels are in the process of being put into place.
"Zingo received a plethora of inquiries for the gaming products in several jurisdictions. Now that the harsh winter is over and we just recently received approvals for the games in additional areas, I expect to see us accelerate our sales at a very quick pace," stated T & G2's CEO, James M. Farinella "Our over seas projects are also progressing very nicely and we should soon reap the rewards from these efforts."
The Private Securities Litigation Reform Act of 1995 provides a safe harbor for forward-looking statements made on behalf of the company. All such forward-looking statements are, by necessity, only estimates of future results and actual results achieved by T & G2 (TTGG) may differ materially from these statements due to a number of factors. TTGG assumes no obligations to update these forward-looking statements to reflect actual results, changes in assumptions or changes in other factors affecting such statements. You should independently investigate and fully understand all risks before making investment decisions.
Press Release Source: T & G2
T & G2 Signs Letter Of Intent To Acquire German Company
Wednesday March 3, 2:59 pm ET
BERNARDSVILLE, N.J.--(BUSINESS WIRE)--March 3, 2004--T & G2 (OTCBB:TTGG - News; BERLIN:TG6 - News; FRANKFURT:TG6) (WKN 812 894) announced today that it has entered into a letter of intent to acquire a Company based in Frankfurt, Germany. The German Company, Holtermann & Team GmbH, will become a wholly owned subsidiary of T & G2 and will maintain offices in Frankfurt.
This company brings with it assets of more than $1,500,000 U.S dollars, including an investment of almost $1,000,000 U.S Dollars. This acquisition will give T & G2 a presence in Europe and will help to accelerate the distribution of TTGG's products. The German company, once acquired will focus its initial efforts on the distribution of TTGG's gaming products.
Holtermann & Team GmbH has developed an impressive track record and has developed a plethora of contacts and business relationships throughout the world. Holtermann & Team was involved with about 150 companies going public between 1998 and 2001. This German Based Company has developed business relationships in such industries as programming, Internet services, Airline, cell phone services, online training and international finance. More importantly, Holtermann is the Honorary Consul of Belize in Central America. Mr. Holtermann has extensive contacts in Belize, including but not limited to the Internet, casinos and the Tourism industry.
"Once this acquisition is completed, I expect to see us accelerate our sales at a very quick pace in other parts of the world - especially Europe." stated T & G2's CEO, James M. Farinella "There are many markets in Europe that just do not exist here in the U.S.A. This will improve our awareness on the German stock exchanges as well."
The Private Securities Litigation Reform Act of 1995 provides a safe harbor for forward-looking statements made on behalf of the company. All such forward-looking statements are, by necessity, only estimates of future results and actual results achieved by T & G2 (TTGG) may differ materially from these statements due to a number of factors. TTGG assumes no obligations to update these forward-looking statements to reflect actual results, changes in assumptions or changes in other factors affecting such statements. You should independently investigate and fully understand all risks before making investment decisions.
--------------------------------------------------
Contact:
T & G2
Stephen Taylor, 973-351-3868
or
T & G2
Website: www.ttgg.net
866-409-8342
--------------------------------------------------
Source: T & G2
T & G2 Signs Letter Of Intent To Acquire German Company
Wednesday March 3, 2:59 pm ET
BERNARDSVILLE, N.J.--(BUSINESS WIRE)--March 3, 2004--T & G2 (OTCBB:TTGG - News; BERLIN:TG6 - News; FRANKFURT:TG6) (WKN 812 894) announced today that it has entered into a letter of intent to acquire a Company based in Frankfurt, Germany. The German Company, Holtermann & Team GmbH, will become a wholly owned subsidiary of T & G2 and will maintain offices in Frankfurt.
This company brings with it assets of more than $1,500,000 U.S dollars, including an investment of almost $1,000,000 U.S Dollars. This acquisition will give T & G2 a presence in Europe and will help to accelerate the distribution of TTGG's products. The German company, once acquired will focus its initial efforts on the distribution of TTGG's gaming products.
Holtermann & Team GmbH has developed an impressive track record and has developed a plethora of contacts and business relationships throughout the world. Holtermann & Team was involved with about 150 companies going public between 1998 and 2001. This German Based Company has developed business relationships in such industries as programming, Internet services, Airline, cell phone services, online training and international finance. More importantly, Holtermann is the Honorary Consul of Belize in Central America. Mr. Holtermann has extensive contacts in Belize, including but not limited to the Internet, casinos and the Tourism industry.
"Once this acquisition is completed, I expect to see us accelerate our sales at a very quick pace in other parts of the world - especially Europe." stated T & G2's CEO, James M. Farinella "There are many markets in Europe that just do not exist here in the U.S.A. This will improve our awareness on the German stock exchanges as well."
The Private Securities Litigation Reform Act of 1995 provides a safe harbor for forward-looking statements made on behalf of the company. All such forward-looking statements are, by necessity, only estimates of future results and actual results achieved by T & G2 (TTGG) may differ materially from these statements due to a number of factors. TTGG assumes no obligations to update these forward-looking statements to reflect actual results, changes in assumptions or changes in other factors affecting such statements. You should independently investigate and fully understand all risks before making investment decisions.
--------------------------------------------------
Contact:
T & G2
Stephen Taylor, 973-351-3868
or
T & G2
Website: www.ttgg.net
866-409-8342
--------------------------------------------------
Source: T & G2
allerdings, welche Aktie ist das nicht.
Wenn ich eine Aktie als keinen Kauf empfehle, muss ich einen Kauf nennen. Für mich ist derzeit FONIX der Kauf.
Ein Umtausch von TTGG in FNIX könnte sich lohnen!
Ein Umtausch von TTGG in FNIX könnte sich lohnen!
a 16:42:55 0.11 5'000
n/a 16:41:57 0.105 5'000
n/a 16:41:00 0.105 65'000
n/a 16:41:00 0.105 8'000
n/a 16:40:59 0.1 8'000
n/a 16:40:59 0.1 65'000
n/a 16:30:24 0.1 10'000
n/a 16:30:17 0.105 10'000
n/a 16:41:57 0.105 5'000
n/a 16:41:00 0.105 65'000
n/a 16:41:00 0.105 8'000
n/a 16:40:59 0.1 8'000
n/a 16:40:59 0.1 65'000
n/a 16:30:24 0.1 10'000
n/a 16:30:17 0.105 10'000
30-Mar-2004
Annual Report
Item 6. Management's Discussion and Analysis of Financial Conditions and - Results of Operations -
Introduction The following discussion and analysis highlights the financial position of T & G2, Inc. at December 31, 2003 compared to year end December 31, 2002, and plan of operations for the years ended December 31, 2003 and 2002. The business activities of the Company are now that of the two wholly owned subsidiaries. Comparisons are provided below but the Company is just now able to show a year-by-year comparison of business activities. In reviewing the Company's numbers in this report, it must be remembered that it essentially shows the first year of operations in the Company's two wholly owned subsidiaries.
Certain statements in this Form 10-KSB, including information set forth under Item 2. Management's Discussion and Analysis of Financial Condition and Result of Operations constitute 'forward-looking statements' within the meaning of the Private Securities Litigation Reform Act of 1995 (the "Act"). Such forward-looking statements are identified by words such as "intends," "anticipates," "hopes," and "expects," among others, and include, without limitation, statements regarding the Company's plan of business operations, anticipated revenues, related expenditures, and the results of any business transactions. Factors that could cause actual results to differ materially include, among others, the following: acceptability of the Company's services in the market place, general economic conditions, political and economic conditions in the United States and abroad, and competition. Investors are cautioned not to put undue reliance on forward-looking statements. Except as otherwise required by applicable securities statutes or regulations, the Company disclaims any intent to update publicly these forward-looking statements, whether as a result of new information, future events or otherwise.
Plan of Operation -
The Company's management entered into a transaction for funding in the form of a debt financing. Additionally, the Company entered into a transaction to acquire a German based business entity for the distribution and furtherance of the Company's business including the investment of up to $950,000. Additionally, business combinations with entities with significant cash will also be considered. It now seems to be a forgone conclusion that a sufficient amount of money will be funded for management to execute it's business plan and succeed. However, until this transaction actually does fund, there can be no assurance that a closing will take place. For the following twelve month period from January, 2004 to December, 2004 it is anticipated, absent the Company's obtaining other sources of liquidity as described above, the Company's primary funding for ongoing corporate expenses, such as legal and accounting fees and filing fees, will be provided by the private sale of the Company's securities and from operating activities. Thereafter, the Company anticipates to further expand and generate revenues from the sale of their time clocks and computerized bingo systems. The Company's management has had ongoing discussions with investment bankers pertaining to additional financing as a backup or second option in the case that the transaction already entered into by the Company does not close. This would include a stair step-financing plan. This will encompass initial seed capital, a first and second level of private placements, bridge financing, and mezzanine financing. However, there can be no assurance management will be successful in these endeavors.
Liquidity and Capital Resources -
For the year ended December 31, 2003, the Company used ($855,883) in operating activities compared to ($866,607) for the year ended December 31, 2002. Most noted in this increase in cash used in operations is due to the new business activities of the Company through it's two wholly owned subsidiaries, which we believe will translate into generating increased cash flows. However, a majority of the increases are attributable to the issuances of stock for the acquisition of Both Solutions Technology, Inc and Zingo Sales, Ltd. for which the Company recorded $3,177,556 as impairment of goodwill and $4,875,000 written off to organizational cost respectively. Additionally, $488,360 in 2003 and $831,600 in 2002 worth of stock was issued for services. In addition, in 2003, the Company incurred $479,610, as discounts on the stock issued for the year. The Company did receive $1,438,293 from the sale of stock in the year ended December 31, 2003, compared to $547,100 for the year ended December 31, 2002. The Company has also borrowed certain amounts from related parties as well as banks to finance the beginning production costs for its time clocks and computerized bingo systems. The Company has made significant progress with respect to future funding. Funding is expected shortly, which will enable the Company to market, and produce its products. We anticipate that going forward; we will streamline administrative, and professional fees to conserve cash flow. Once the recognition of revenues occurs, certain expenses will increase, but only in accordance with the increase in revenues.
Going Concern. The accompanying financial statements have been prepared assuming the Company will continue as a going concern. The Company has suffered recurring losses from operations and at December 31, 2003 and 2002 had a working capital deficit. The financial statements do not include any adjustments that might result from the outcome of this uncertainty.
Annual Report
Item 6. Management's Discussion and Analysis of Financial Conditions and - Results of Operations -
Introduction The following discussion and analysis highlights the financial position of T & G2, Inc. at December 31, 2003 compared to year end December 31, 2002, and plan of operations for the years ended December 31, 2003 and 2002. The business activities of the Company are now that of the two wholly owned subsidiaries. Comparisons are provided below but the Company is just now able to show a year-by-year comparison of business activities. In reviewing the Company's numbers in this report, it must be remembered that it essentially shows the first year of operations in the Company's two wholly owned subsidiaries.
Certain statements in this Form 10-KSB, including information set forth under Item 2. Management's Discussion and Analysis of Financial Condition and Result of Operations constitute 'forward-looking statements' within the meaning of the Private Securities Litigation Reform Act of 1995 (the "Act"). Such forward-looking statements are identified by words such as "intends," "anticipates," "hopes," and "expects," among others, and include, without limitation, statements regarding the Company's plan of business operations, anticipated revenues, related expenditures, and the results of any business transactions. Factors that could cause actual results to differ materially include, among others, the following: acceptability of the Company's services in the market place, general economic conditions, political and economic conditions in the United States and abroad, and competition. Investors are cautioned not to put undue reliance on forward-looking statements. Except as otherwise required by applicable securities statutes or regulations, the Company disclaims any intent to update publicly these forward-looking statements, whether as a result of new information, future events or otherwise.
Plan of Operation -
The Company's management entered into a transaction for funding in the form of a debt financing. Additionally, the Company entered into a transaction to acquire a German based business entity for the distribution and furtherance of the Company's business including the investment of up to $950,000. Additionally, business combinations with entities with significant cash will also be considered. It now seems to be a forgone conclusion that a sufficient amount of money will be funded for management to execute it's business plan and succeed. However, until this transaction actually does fund, there can be no assurance that a closing will take place. For the following twelve month period from January, 2004 to December, 2004 it is anticipated, absent the Company's obtaining other sources of liquidity as described above, the Company's primary funding for ongoing corporate expenses, such as legal and accounting fees and filing fees, will be provided by the private sale of the Company's securities and from operating activities. Thereafter, the Company anticipates to further expand and generate revenues from the sale of their time clocks and computerized bingo systems. The Company's management has had ongoing discussions with investment bankers pertaining to additional financing as a backup or second option in the case that the transaction already entered into by the Company does not close. This would include a stair step-financing plan. This will encompass initial seed capital, a first and second level of private placements, bridge financing, and mezzanine financing. However, there can be no assurance management will be successful in these endeavors.
Liquidity and Capital Resources -
For the year ended December 31, 2003, the Company used ($855,883) in operating activities compared to ($866,607) for the year ended December 31, 2002. Most noted in this increase in cash used in operations is due to the new business activities of the Company through it's two wholly owned subsidiaries, which we believe will translate into generating increased cash flows. However, a majority of the increases are attributable to the issuances of stock for the acquisition of Both Solutions Technology, Inc and Zingo Sales, Ltd. for which the Company recorded $3,177,556 as impairment of goodwill and $4,875,000 written off to organizational cost respectively. Additionally, $488,360 in 2003 and $831,600 in 2002 worth of stock was issued for services. In addition, in 2003, the Company incurred $479,610, as discounts on the stock issued for the year. The Company did receive $1,438,293 from the sale of stock in the year ended December 31, 2003, compared to $547,100 for the year ended December 31, 2002. The Company has also borrowed certain amounts from related parties as well as banks to finance the beginning production costs for its time clocks and computerized bingo systems. The Company has made significant progress with respect to future funding. Funding is expected shortly, which will enable the Company to market, and produce its products. We anticipate that going forward; we will streamline administrative, and professional fees to conserve cash flow. Once the recognition of revenues occurs, certain expenses will increase, but only in accordance with the increase in revenues.
Going Concern. The accompanying financial statements have been prepared assuming the Company will continue as a going concern. The Company has suffered recurring losses from operations and at December 31, 2003 and 2002 had a working capital deficit. The financial statements do not include any adjustments that might result from the outcome of this uncertainty.
T & G2 Completes Acquisition of German Company
Monday April 19, 9:45 am ET
Receives More Than $100,000 on a $950,000 Commitment
BERNARDSVILLE, N.J.--(BUSINESS WIRE)--April 19, 2004--T & G2 (OTCBB: TTGG - News; BERLIN:TG6 - News; FRANKFURT:TG6) (WKN: 812894) announced today that it has completed the acquisition of a Frankfurt, German based company. The German Company, Holtermann & Team GmbH, is now wholly owned subsidiary of T & G2 and will maintain offices in Frankfurt.
This company brings with it assets of more than $1,500,000 U.S dollars, including an investment of almost $1,000,000 U.S Dollars. This acquisition gives T & G2 a presence in Europe and will help to accelerate the distribution of TTGG's products. The German company will focus its initial efforts on the distribution of TTGG's gaming products.
This German Based Company has developed business relationships in such industries as programming, Internet services, Airline, cell phone services, online training and international finance. More importantly, Holtermann is the Honorary Consul of Belize in Central America. Mr. Holtermann has extensive contacts in Belize, including but not limited to the Internet, casinos and the Tourism industry.
Along with the acquisition comes a commitment of $950,000 U.S. Dollars. TTGG has already received more than $100,000 on this commitment and expects to receive all of the funds by the end of June 2004. Most of these funds have been used to purchase more inventory for the placement of Zingo Sales' products.
"The immediate impact from this acquisition is the cash infusion. I expect to see sales quicken at an accelerated pace now that this acquisition has been completed," stated T & G2's CEO, James M. Farinella "Additionally, there are many markets in Europe that just do not exist here in the U.S.A. This will improve our awareness on the German stock exchanges as well."
The Private Securities Litigation Reform Act of 1995 provides a safe harbor for forward-looking statements made on behalf of the company. All such forward-looking statements are, by necessity, only estimates of future results and actual results achieved by T & G2 (TTGG) may differ materially from these statements due to a number of factors. TTGG assumes no obligations to update these forward-looking statements to reflect actual results, changes in assumptions or changes in other factors affecting such statements. You should independently investigate and fully understand all risks before making investment decisions.
Monday April 19, 9:45 am ET
Receives More Than $100,000 on a $950,000 Commitment
BERNARDSVILLE, N.J.--(BUSINESS WIRE)--April 19, 2004--T & G2 (OTCBB: TTGG - News; BERLIN:TG6 - News; FRANKFURT:TG6) (WKN: 812894) announced today that it has completed the acquisition of a Frankfurt, German based company. The German Company, Holtermann & Team GmbH, is now wholly owned subsidiary of T & G2 and will maintain offices in Frankfurt.
This company brings with it assets of more than $1,500,000 U.S dollars, including an investment of almost $1,000,000 U.S Dollars. This acquisition gives T & G2 a presence in Europe and will help to accelerate the distribution of TTGG's products. The German company will focus its initial efforts on the distribution of TTGG's gaming products.
This German Based Company has developed business relationships in such industries as programming, Internet services, Airline, cell phone services, online training and international finance. More importantly, Holtermann is the Honorary Consul of Belize in Central America. Mr. Holtermann has extensive contacts in Belize, including but not limited to the Internet, casinos and the Tourism industry.
Along with the acquisition comes a commitment of $950,000 U.S. Dollars. TTGG has already received more than $100,000 on this commitment and expects to receive all of the funds by the end of June 2004. Most of these funds have been used to purchase more inventory for the placement of Zingo Sales' products.
"The immediate impact from this acquisition is the cash infusion. I expect to see sales quicken at an accelerated pace now that this acquisition has been completed," stated T & G2's CEO, James M. Farinella "Additionally, there are many markets in Europe that just do not exist here in the U.S.A. This will improve our awareness on the German stock exchanges as well."
The Private Securities Litigation Reform Act of 1995 provides a safe harbor for forward-looking statements made on behalf of the company. All such forward-looking statements are, by necessity, only estimates of future results and actual results achieved by T & G2 (TTGG) may differ materially from these statements due to a number of factors. TTGG assumes no obligations to update these forward-looking statements to reflect actual results, changes in assumptions or changes in other factors affecting such statements. You should independently investigate and fully understand all risks before making investment decisions.
/a 18:52:20 0.1 15'000
n/a 18:52:15 0.099 5'000
n/a 18:51:49 0.099 25'000
n/a 18:34:51 0.093 10'000
n/a 18:22:08 0.094 15'000
n/a 18:18:50 0.092 10'000
n/a 17:06:17 0.094 480
n/a 16:56:29 0.094 22'385
n/a 16:17:03 0.094 2'450
n/a 15:47:31 0.099 2'000
n/a 15:46:05 0.099 3'000
n/a 15:33:22 0.095 30'000
n/a 15:32:53 0.09 22'000
n/a 15:31:07 0.09 25'000
n/a 15:30:14 0.1 1'000
n/a 18:52:15 0.099 5'000
n/a 18:51:49 0.099 25'000
n/a 18:34:51 0.093 10'000
n/a 18:22:08 0.094 15'000
n/a 18:18:50 0.092 10'000
n/a 17:06:17 0.094 480
n/a 16:56:29 0.094 22'385
n/a 16:17:03 0.094 2'450
n/a 15:47:31 0.099 2'000
n/a 15:46:05 0.099 3'000
n/a 15:33:22 0.095 30'000
n/a 15:32:53 0.09 22'000
n/a 15:31:07 0.09 25'000
n/a 15:30:14 0.1 1'000
das ist seehr gut so *ggg*
ress Release
Source: T & G2
T & G2 Hires Nyhl Henson
Wednesday July 7, 2:30 pm ET
Known as one of the Founders of MTV Networks and Former CEO of Country Music Television, as a Marketing Consultant
BERNARDSVILLE, N.J.--(BUSINESS WIRE)--July 7, 2004--T & G2 (OTCBB:TTGG - News; Berlin:TG6 - News; Frankfurt:TG6) (WKN:812 894) announced today that Nyhl Henson has been hired as a marketing consultant to assist T & G2's wholly owned subsidiary, Solutions Technology, for the marketing of the SecureTime Biometric ID System.
An early leader in recognizing the value of cable television programming, Henson was instrumental in the conversion of Warner Communications' Star Channel into a satellite-delivered service known as "The Movie Channel." He served as the first general manager of Nickelodeon TV and was a key contributor to the development of MTV from Nickelodeon's "Pop Clips" program. After leaving Warner, Henson became vice president of programming and production with Oak Media Development, where he pioneered the pay-per-view genre with such events as the Rolling Stones in concert and the Leonard-Hearns and Holmes-Cooney championship fights.
Mr. Henson also has been involved in the development of several land based entertainment complexes including projects in Branson, Missouri and Nashville, Tennessee. He has varied contacts that extend beyond the entertainment industry and has proven to be a marketing genius.
Nyhl Henson Stated, "The SecureTime Biometric System is a wonderful product that will not only streamline a company's human resource and payroll department, but will also provide added security to the workplace when needed." He went on to further state, "I also am excited to jump start and expand on some of the other product offerings that T & G2 has to offer to the market."
The Private Securities Litigation Reform Act of 1995 provides a safe harbor for forward-looking statements made on behalf of the company. All such forward-looking statements are, by necessity, only estimates of future results and actual results achieved by T & G2 (TTGG) may differ materially from these statement due to a number of factors. TTGG assumes no obligations to update these forward-looking statements to reflect actual results, changes in assumptions or changes in other factors affecting such statements. You should independently investigate and fully understand all risks before making investment decisions.
Source: T & G2
T & G2 Hires Nyhl Henson
Wednesday July 7, 2:30 pm ET
Known as one of the Founders of MTV Networks and Former CEO of Country Music Television, as a Marketing Consultant
BERNARDSVILLE, N.J.--(BUSINESS WIRE)--July 7, 2004--T & G2 (OTCBB:TTGG - News; Berlin:TG6 - News; Frankfurt:TG6) (WKN:812 894) announced today that Nyhl Henson has been hired as a marketing consultant to assist T & G2's wholly owned subsidiary, Solutions Technology, for the marketing of the SecureTime Biometric ID System.
An early leader in recognizing the value of cable television programming, Henson was instrumental in the conversion of Warner Communications' Star Channel into a satellite-delivered service known as "The Movie Channel." He served as the first general manager of Nickelodeon TV and was a key contributor to the development of MTV from Nickelodeon's "Pop Clips" program. After leaving Warner, Henson became vice president of programming and production with Oak Media Development, where he pioneered the pay-per-view genre with such events as the Rolling Stones in concert and the Leonard-Hearns and Holmes-Cooney championship fights.
Mr. Henson also has been involved in the development of several land based entertainment complexes including projects in Branson, Missouri and Nashville, Tennessee. He has varied contacts that extend beyond the entertainment industry and has proven to be a marketing genius.
Nyhl Henson Stated, "The SecureTime Biometric System is a wonderful product that will not only streamline a company's human resource and payroll department, but will also provide added security to the workplace when needed." He went on to further state, "I also am excited to jump start and expand on some of the other product offerings that T & G2 has to offer to the market."
The Private Securities Litigation Reform Act of 1995 provides a safe harbor for forward-looking statements made on behalf of the company. All such forward-looking statements are, by necessity, only estimates of future results and actual results achieved by T & G2 (TTGG) may differ materially from these statement due to a number of factors. TTGG assumes no obligations to update these forward-looking statements to reflect actual results, changes in assumptions or changes in other factors affecting such statements. You should independently investigate and fully understand all risks before making investment decisions.
BERNARDSVILLE, N.J.--(BUSINESS WIRE)--July 13, 2004--T & G2 (OTCBB:TTGG - News; Berlin:TG6 - News; Frankfurt:TG6) (WKN:812 894) announced today that WholesaleByUs, LLC (WBU) was acquired as a wholly owned subsidiary on Friday July 9, 2004. WBU with a website of www.wholesalebyus.com is a technology driven company that developed proprietary technology to sell products through the Internet.
WBU is a company that is just under one year old. In that short time, WBU has been able to reach the Platinum seller status on EBAY and is close to reaching the highest level - Titanium. WBU designed a business model that allows the company to integrate with other Internet sellers programs as well as with Paypal's system developers program. All sales are able to be tracked immediately to allow for the quickest shipping time possible.
WBU has been able to achieve and maintain a 99.5% satisfaction feedback rate on EBay even with the fact that the Company has gone from no sales, per month, one year ago to approximately $50,000 USD in sales on a monthly basis at present. The shopping cart created by WBU has integrated a back end system to process orders, inventory, Purchase ordering system, sales tracking and an email system. WBU has been able to provide vendor integration into the equation to create a more efficient process.
WBU's President estimates sales to reach over $150,000 USD per month by the end of 2004. Additionally, he sees sales reaching $500,000 a month in 2005 in the USA alone. However, immediate expansion to Countries in Europe and other lucrative markets is expected to occur immediately. Please visit www.wholesalebyus.com to get a better feel for the company. Additionally, TTGG will update it's website with all of the exciting and interesting things happening.
The essential terms of the acquisition are T & G2 pays $112,000 USD cash and 5,000,000 restricted Class A common shares To WBU. Additional restricted Class A common shares can be earned by WBU owners as certain sales milestones are reached in the future.
The Private Securities Litigation Reform Act of 1995 provides a safe harbor for forward-looking statements made on behalf of the company. All such forward-looking statements are, by necessity, only estimates of future results and actual results achieved by T & G2 (TTGG) may differ materially from these statement due to a number of factors. TTGG assumes no obligations to update these forward-looking statements to reflect actual results, changes in assumptions or changes in other factors affecting such statements. You should independently investigate and fully understand all risks before making investment decisions.
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Contact:
T & G2
James M. Farinella
(866) 898-4842 or (908) 204-9911
Website: www.ttgg.net
WBU is a company that is just under one year old. In that short time, WBU has been able to reach the Platinum seller status on EBAY and is close to reaching the highest level - Titanium. WBU designed a business model that allows the company to integrate with other Internet sellers programs as well as with Paypal's system developers program. All sales are able to be tracked immediately to allow for the quickest shipping time possible.
WBU has been able to achieve and maintain a 99.5% satisfaction feedback rate on EBay even with the fact that the Company has gone from no sales, per month, one year ago to approximately $50,000 USD in sales on a monthly basis at present. The shopping cart created by WBU has integrated a back end system to process orders, inventory, Purchase ordering system, sales tracking and an email system. WBU has been able to provide vendor integration into the equation to create a more efficient process.
WBU's President estimates sales to reach over $150,000 USD per month by the end of 2004. Additionally, he sees sales reaching $500,000 a month in 2005 in the USA alone. However, immediate expansion to Countries in Europe and other lucrative markets is expected to occur immediately. Please visit www.wholesalebyus.com to get a better feel for the company. Additionally, TTGG will update it's website with all of the exciting and interesting things happening.
The essential terms of the acquisition are T & G2 pays $112,000 USD cash and 5,000,000 restricted Class A common shares To WBU. Additional restricted Class A common shares can be earned by WBU owners as certain sales milestones are reached in the future.
The Private Securities Litigation Reform Act of 1995 provides a safe harbor for forward-looking statements made on behalf of the company. All such forward-looking statements are, by necessity, only estimates of future results and actual results achieved by T & G2 (TTGG) may differ materially from these statement due to a number of factors. TTGG assumes no obligations to update these forward-looking statements to reflect actual results, changes in assumptions or changes in other factors affecting such statements. You should independently investigate and fully understand all risks before making investment decisions.
--------------------------------------------------
Contact:
T & G2
James M. Farinella
(866) 898-4842 or (908) 204-9911
Website: www.ttgg.net
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