By Sheri Kasprzak
New York, Sept. 22 - Triton Distribution Systems, Inc. concluded a $2.76 million private placement.
The company sold 3.45 million shares at $0.80 each to Al-Deera Holding Co. KSCC.
Triton also settled a private placement for $230,000, selling 287,500 shares to Univest Group Kuwait.
Based in Sausalito, Calif., Triton is a web-based travel distribution company.
| Issuer: | Triton Distribution Systems, Inc.
|
| Issue: | Stock
|
| Amount: | $2.76 million
|
| Shares: | 3.45 million
|
| Price: | $0.80
|
| Warrants: | No
|
| Investor: | Al-Deera Holding Co. KSCC
|
| Settlement date: | Sept. 18
|
| Stock symbol: | OTCBB: TTDS
|
| Stock price: | $6.50 at close Sept. 18
|
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