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Re: Penny-Trader post# 108647

Sunday, 05/01/2005 1:20:46 PM

Sunday, May 01, 2005 1:20:46 PM

Post# of 279080
QBID's 15c211 Filing can be found here:

http://web.archive.org/web/20010306120136/www.qbid.net/15c211.htm

TMM(QBID)/QTN - Corporation Links / UBI

http://www.secstate.wa.gov/corps/search_detail.aspx?name=TRIANGLE+MULTIMEDIA+LIMITED&ubi=6010477....
http://www.secstate.wa.gov/corps/search_detail.aspx?name=Q+TELEVISION+NETWORK%2c+INC.&ubi=602391....

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TRIANGLE MULTIMEDIA LIMITED

UBI Number 601 047 757
Category Regular Corporation
Profit/Nonprofit Profit
Active/Inactive Active
State of Incorporation WA
Date of Incorporation 05/08/1951
License Expiration Date 05/31/2005

Registered Agent Information
Agent Name FRANK W OLSON
Address 28609 14TH AVE SW
City FEDERAL WAY
State WA
ZIP 98003

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



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Q TELEVISION NETWORK, INC.

UBI Number 602 391 767
Category Regular Corporation
Profit/Nonprofit Profit
Active/Inactive Active
State of Incorporation WA
Date of Incorporation 05/03/2004
License Expiration Date 05/31/2005

Registered Agent Information
Agent Name BUSINESS FILINGS INCORPORATED
Address 410 11TH AVENUE SE STE 202
City OLYMPIA
State WA
ZIP 98501

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



Triangle Multi-Media Limited, Inc.

A Washington Corporation

July 20, 2000



Information Provided Pursuant to

Rule 15c2-11 of the Securities

Exchange Act of 1934, as Amended



CORPORATE INFORMATION REGARDING

Triangle Multi-Media Limited, Inc.

A Washington Corporation

July 20, 2000





The following information is being provided to interested broker-dealers and others pursuant to

Provisions of Subparagraph (a)(5) of Rule 15c2-11 Promulgated by the United States Securities

and Exchange Commission pursuant to the Securities Exchange Act of 1934.



1 . Exact Name of the Issuer and Its Predecessors.



Triangle Multi-Media Limited, Inc., a publicly held Washington corporation (the

"Registrant"), was originally organized in the State of Washington on May 8th, 1951, under the

corporate name Puget Sound Development Co., Inc. Its name was changed to Integrated Health

Care, Inc. and to Triangle Multi-Media Limited, Inc., on September 28, 1999. On September 28,

1999, the Registrant changed its name to Triangle Multi-Media Limited, Inc., its current name,

and on August 3, 1999, the Registrant reincorporated into Washington through a statutory

merger with a wholly owned Washington subsidiary in reliance on the exemption from registration

requirements of Section 5 of the Securities Act of 1933, as amended, provided by Rule 145(a)(2)

promulgated thereunder.



2 . The Address of its Principal Executive Offices.

1000 East Tahquitz Canyon Way

Palm Springs, California 92262



3. The State and Date of incorporation.



The Company was incorporated May 8th , 1951, under the laws of Washington. The Company's

predecessor was incorporated under Washington law on August 3, 1999.



4 . The Exact Title and Class of the Security .



The company has two (2) classes of equity securities authorized, that being Common Stock with

full voting rights and a Class of Preferred Stock issuable In such series and with such

characteristics as are adopted by the Board of Directors.



5 . The Par Value or Stated Value of the Security.



The Company's has authorized 300,000,000 of Common Stock and has a no par value. There are

presently issued and outstanding as of May 30, 2000; 74,416,987 of which 67,323,891 are free

trading and 7,093,096 are restricted.





The Company's also has 20,000,000 shares of Preferred $.001 par value convertible stock,

convertible at the holder' request at the rate of one (1) share of preferred for ten (10) shares of

common. The Company presently has 13,277,566 of said shares outstanding, all such shares are

restricted.



The Company also has preferred class B stock no par value which is non voting, non convertible,

and has a five (5) year call at 8.25% annual accumulation interest. One Million (1,000,000) shares

of said class are authorized and 267,538 are outstanding.



6 . The Number of Shares or Total Amount of Securities Outstanding as of the End of the

Issuer's Most Recent Fiscal Year.



The Company's fiscal year is the calendar year. As of March 31, 2000, 74,416,987 of which

67,323,891 are free trading and 7,093,096 are restricted.



7. Name and Address of the Transfer



OTR, Inc.

317 SW Alder, Suite 1120

Portland, OR 97204

Phone: (503) 225-0375

Fax: (503) 273-9168



8. The Nature of the Issuer's Business



The Company was formed to engage in -the acquisition of any speculative investment or business

opportunity without restriction as to type or classification.



The Company's primary business is the creation and distribution of Television and Radio

programming as well as the operation of a studio and television facilities. The company is also

engaged in substantial Internet business. Including having an on-line provider, called "The

Provider," as well as providing on-line sites for its programming and permitting customers to play

Bingo and download Bingo cards for its television programming. All of the company's game

shows are free sweepstakes-like programming and can be classified as entertainment.



The Company produces and broadcasts Bingo Television five (5) nights per week for 1 hour

during prime time. It also does the same for its Auction Television show once a week in prime

time. The Company also makes its production facilities available on both a straight rental for

profit on participation basis to third parties who wish to develop Television shows and/or CD

ROM's. By way of example the company has a joint venture with certain doctors to produce

medical/educational CD ROMs. The Company also, through its subsidiary "The Provider,"

provides access to the World Wide Web.



9. New Project.



A. The Company has acquired a management agreement with Palm Springs Television Studios

to operate its channel 58 in Palm Springs. The Company is also seeking to acquire a CBS affiliate

and move channel 58 to cable channel 2.





Item 10. The Company's office is located at the television station at 1000 Tahquits Canyon

Way, Palm Springs, California 92262.



Item 11. THE FOLLOWING TABLE SETS FOR THE INFORMATION CONCERNING

THE OFFICERS AND DIRECTORS OF THE COMPANY AS OF MAY 31st IN THE

YEAR 2000.

OFFICERS:



President _________Frank Olsen___________ Address: 1000 E. Tahquitz Cyn Way_

Palm Springs, CA 92262 _



V/President_______Dr. Marion Sherman_____ Address: 1000 E. Tahquitz Cyn Way_

Palm Springs, CA 92262__



Sec/Treasurer_______Rene Schenk__________ Address: 1000 E. Tahquitz Cyn Way_

Palm Springs, CA 92262 _



DIRECTORS:



Director _________Frank Olsen___________ Address: 1000 E. Tahquitz Cyn Way_

Palm Springs, CA 92262 _



Director _______Dr. Marion Sherman__ __ Address: 1000 E. Tahquitz Cyn Way_

Palm Springs, CA 92262__



Director _______ Rene Schenk ___ Address: 1000 E. Tahquitz Cyn Way_

Palm Springs, CA 92262__





D. Glossary



How satellite television works: There are currently approximately 42 major domestic

communications satellites that broadcast television signals to the United States. These satellites

are in "geostationary orbit". I.e., they have fixed positions directly over the equator approximately

22,300 miles above the earth and they orbit at the same speed and in the same direction as the

earth's rotation, thus appearing stationary in the sky. The orbital location of a satellite determines

what area of the earth It will cover with Its signal, and the shape of the signal on the earth's

surface is known as the satellite's "footprints"



A satellite communications system consists of an up-l int or transmitting earth station, a satellite

and a receiving earth station of down-link or satellite dish. Each satellite general ly has 24

transponders (or channels), which are the devices which relay the signal: beamed to the satellite

back to earth. Each transponder can retransmit one complete color television signal, along with

additional audio sidebands. Regardless of their size, receiving earth stations generally are

limited to reception of the signals of the satellite on which they are focused.



To broadcast a program, the broadcaster directs a signal containing audio and transmitting earth

station to the satellite. This broadcast is called an "uplink". The satellite then converts the signal

and relay it toward the earth, as the "down-link". The down-link signal can be received only

within the footprint of the satellite.



The down linked broadcast can be received only by a satellite dish or earth station aimed at the

broadcasting satellite. As discussed below, the surface of the dish collects the broadcasted signals

and focuses them toward a single point, strengthening the signal. receiver translates these signals

into television image and sound.



How subscription satellite television works:



Broadcasters can transmit up-l ink signals In an "unscrambled" or "scrambled" state. An

unscrambled signal may be received by any sate 11 ite dish and viewed with an ordinary satellite

receiver. Broadcasters may also alter their up-link signals to prevent unauthorized reception of

the down-link programming. Such a scrambled signal may be viewed only if the signal has passed

through and activated a decoder; otherwise, it will appear on the television screen with an

unstable Image and no or unintelligible sound. The scrambled up-link signal contains addressable

information so that only an activated Video Cipher II can de-scramble it. However, the decoder

can only be activated via satellite, as follows: When a customer order subscription programming,

he provides his decoder's unique serial or identification number, which is put into a computerized

digital code and added to the universe of similar codes from al I purchases of the subscription

programming. These codes are then continuously up-linked to the satellite for broadcast along

with the subscription programming, if the decoder has been authorized for a specific program, it

will be activated by its own broadcasted "address" code (no other broadcasted "address" code will

affect that particular decoder). In the event a subscriber becomes delinquent In paying for the

programming, or elects not to renew, the broadcaster will issue a de-authorization code which

alters the decoder's "address" code within the up-linked signal, and the subscriber will no longer

be able to decode the scrambled signal.



Components of a home satellite television system or earth station:



A home satellite system consists of an outdoor "dish" (which essentially functions like the familiar

rooftop antenna, i.e., it receives and collects television signals), an Indoor electronic receiver and

an television set or monitor. In order to receive a particular signal, the owner of the earth station

or dish must aim the dish at the broadcasting satellite, either electronically or manually, and tune

the receiver to the desired transponder or channel. Mounted in the front of the dish is an

electronic device cal led a "feed-horn". A broadcast from a satellite bounces off the dish and into

the feed-horn, where It is translated into an electronic signal. This signal is then fed by wires to

the tuned receiver, which converts it into a television image and sound. However, as described

above, a scrambled television signal will not generate visible images or sound unless the receiver

is combined with a decoder which has been activated.



Programming Distribution



Triangle Multi-Media Limited, Inc., distributes its programming to satellite dish owners and a

limited number of television stations and small cable television systems via domestic

communications satellites and a third party satellite service provider. Its programs are potentially

available to anyone having the proper satellite receiving facilities. Participating cable operators

re-scramble the signal and offer it to their customers a: part of their premium service.



Satellite Transmission



Satellite services are available from approximately 42 domestic communications satellites which

are regularly used for broadcast transmissions, on a "protected" or "unprotected" basis,

replacement transponders are reserved for use in the event that either the transponders used by the

customer fail or the satellite containing such transponders fail. Replacement transponders are not

reserved for service provided on an "unprotected" basis. Consequently, one customers'

"unprotected" service can be interrupted for indefinite periods in order to restore service to a

customer whose service is "protected" or in the event the satellite

owner requires transponder space in an emergency.



TMM has a written agreement with Keystone Corporation giving it the "unprotected" right to use

one transponder on its domestic communications satellite until December 31, 1993. Pursuant to

agreements expiring throughout 1993, a satellite up-link facility in Hollywood, California,

converts it programming from a live broadcast into scrambled audio and video signals,

which it transmits or "up-links" to the transponder on the satellites, which in turn relay or "down-I

Ink" the signals to satellite dishes located within the satellite's footprint for viewing.



Each transponder lease is subject to a tariff filed with the FCC (the "Tariff") which generally sets

forth the terms and nature of the service provided by the satellite owner to its lessees. In

particular, under the terms of each Tariff SBI is provided with transponder time twenty-four

hours a day, seven days a week through the lease expiration date on an unprotected, preemptible

basis as defined In the Tariff. There can be no assurance that these satellites will continue to be

the satellite from which transmits Its signals.



Sales and Marketing



TMM currently offers sponsors advertising commercials within the content of the two show it

broadcasts. The Auction Television and Bingo Television programs which contain 26 each 30

seconds spots per hour. These programs are marketing national and have the following sponsors.

Blockbusters Videos, Mobil Oil, and ect.



Programming guide with game cards may also be mailed, upon request, monthly to the

viewer/contestants. Games cards may be obtained over the Internet at www.bingotelevision.com.



12. Competition.



The Company competes with all broadcast game shows and more generally, all types of broadcast

promotions designed to increase audience share and advertising revenues. Management is not

aware of any nationally broadcasted bingo shows. Some locally-originated show: exist in various

locations. Management believes, without assurance, that it has a competitive edge over the other

broadcast bingo promotions since Frank Olsen originated the concept and has been promoting it

since 1999. Management believes that the Company has established a reputation of equitable and

complete service to the broadcast and gaming industry.

With respect to game shows and other types of broadcast promotion, management believes that

the simplicity of the bingo game and its mass audience appeal enables the Company to compete

with other game shows.



13. The Nature of Products or Services offered.



As stated in Item 8, the Company sells advertising, licensing agreements, and related services.

Bingo are free (cards relating to a live, viewer participation or interactive television game show.

Also, national marketing and fulfillment of products on a contract basis.



14. The Nature and Extent of the Issuer's Facilities.



The Company's offices are rented from 12,500 at a price of $12,100.00. The offices consist of

approximately 4,800 sq. feet. The offices are considered adequate for the Company's current

needs. This facility's remaining footage is in production studio, television broadcasting and

transmission facilities.



15. The Executive Officers and Member of the Board of Directors.





Name


Title


Term of Office

Frank Olsen


President/CEO/ Chairman of the Board of Directors


Until next annual meeting

Dr. Marion Sherman


Vice President/Director


Until next annual meeting

Rene Shenk


Secretary/Treasurer/ Director


Until next annual meeting









16. The Issuer's Most Recent Balance Sheet and Profit and Loss and Retained Earnings

Statements .



The Company's most recent audited financial statement is

attached hereto as Exhibit "A".



17. Similar Financial Information for Such Part of the Two Preceding Fiscal Years as the

Issuer or Its Predecessor has been Existence.



See Exhibit "A'



18. Whether the Broker-Dealer or Associated Persons are Affiliated Directly or Indirectly

with the Issuer .



To the best of the Company's knowledge, information and belief, no broker-dealer submitting

quotations with respect to the stock of the Company nor any associated person thereof, are

affiliated directly or indirectly with the Company.



19. Whether the Quotations are Being Published or Submitted on Behalf of any Other

Broker or Dealer, and, If so, the Name of such Broker-Dealer.



To the best of the Company's knowledge. Information and belief, no broker or dealer publishing

or submitting quotations with respect to the Company's stock is doing so on behalf of any other

broker or dealer.



20. Whether the Quotations are Being Submitted or Published Directly or indirectly on

Behalf of the Issuer, or any Director , Officer , or nay Person Directly or Indirectly the

Beneficial Owner of More that 10% of the Outstanding Units or Shares of any Equity

Security of the Issuer .



To the best of the Company's knowledge, information and belief, quotations being published or

submitted by brokers or dealers are not submitted on behalf of the Company or any Director,

Officer or any person directly or Indirectly the beneficial owner of more than 10% of the

Company.



21. Exhibits.



The Exhibits to this information Statement consists of the following:

A) Report of H. M. Richard & Associates, CPA P.C. dated May 20, 2000 on Financial

Statement for the years ended March 31, 2000 and accompanying Balance Sheet, Statement

of Income, Statement of Stockholders' Equity, Statement of Changes in Financial Position and

Notes.

B) Certificate of Incorporation

C) Biographies of the Registrant's Executive Officers and Directors

D) By Laws





Biographies of the Registrant's Executive Officers and Directors



MR. FRANK OLSEN

President and Director



He was born into a family bakery business, taking over the management and operation of 60

employees at the early age of sixteen after the unexpected passing of his father. He sold the

business at the age of 23 and, during its operation, increased the annual income twelve times. He

attended the University of Washington. For several years, he acted as consultant to Boeing

Company in the Salvage and Surplus Department. Mr. Olsen took advantage of the opportunity

to buy several broadcasting companies through the federal bankruptcy courts and have profitably

operated and resold both radio and television stations during his years in business.







MARION M. SHERMAN, MD

Vice President and Director



He was born in Hampton, Virginia on February 13th 1928. He has two children. His education is

as follows:



High School:Hampton High School Graduation 1945

College:University of Virginia BA1945-1948

University of Virginia Medical School 1948-1952

University of Texas,

Internship:John Sealy Hospital, Galveston, TX 1952-1953

Obstetrics and Gynecology

University of Florida

Residency:Cornell, The New York Hospital

University of Texas, Dallas

Post Graduate Master Public Health University of North Carolina



Dr. Sherman was a United States Navy Flight Surgeon and attained Rank of Commander in 2 1/2

years. He was Flight Surgeon Air Group on Carrier USS wasp to Far East during Korea and later

on USS Intrepid to Mediterranean. His medical practice was as follows:



1959-1971 Cape Canaveral at Cocoa Beach, Florida

1972-1977 Palos Verdes, California area

1977-1998Palm Desert and Palm Springs area



He belongs to the American College of Obstetrics and gynecology Diplomat and Board Certified

American Board of Obstetrics and Gynecology. Dr. Sherman has also engaged in multiple civic

societies and has traveled throughout the world.





RENE SCHENK

Secretary/Treasurer and Director





Mr. Schenk is an international financial executive with over 30 years of experience. A native of

Holland, Mr. Schenk graduated from the University of Birmingham, England with a degree in

Economics. He emigrated to the United States in 1967 and began hs career as a staff accountant

with Emerson Electric Company ending up as the Regional Controller of this company in charge

of all administrative and financial functions in the seven western states. Following a brief

relocation to the east coast in 1982, Mr. Schenk accepted the position of Regional Controller of

Magic Chef (currently Maytag) in charge of all operations of a $200 million region of this major

appliance manufacturer.



As a result of Mr. Schenk's experience as a seasoned financial executive and his ability to act as a

mediator between diverse management groups, as well as his ability to speak several languages,

Mr. Schenk was recruited to become Vice President and CFO of Delta Lithograph Company, a

division of Bertelsmann AG, the European entertainment and publishing conglomerate, where he

not only served in various capacities as a liaison between the European and American

Management.



Prior to coming to Triangle Multi-Media Limited, Mr. Schenk was a highly successful consultant

in the publishing, printing and entertainment industry. Mr. Schenk serves on the board of

directors of an independent investment group and is a member of various charitable organizations.



Mr. Schenk has been married for 22 years and resides in the Palm Springs Area.



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