Triton’s Controlling Shareholders Approve Acquisition of Advance Gold Technology (“AGT”)
Marketwire “Press Releases”
TIBURON, CA — (MARKET WIRE) — 12/15/10 — Triton’s (PINKSHEETS: TTDZD) (PINKSHEETS: TTDZ) management announced today that the Controlling Shareholders of Triton Distribution Systems, Inc. that control 52.63% of Triton’s stock have officially approved the acquisition of 51% control of Advance Gold Technology (“AGT”). Under this acquisition AGT will become a wholly owned subsidiary of Triton Distribution Systems, Inc. Triton will exchange 20,000,000 restricted shares for 51% of the outstanding equity of AGT. The Board of Directors and Management of Triton were instructed to expedite the finalization of the Due Diligence documents and final agreements to be executed by January 15, 2011 . All (“AGT”) shareholders will vote their approval by Friday, December 17, 2010 .