TTI Holdings of America, Inc.
(OTCBB: TTIH)
545 Madison Avenue - 6th Floor
New York, NY 10022
516-931-5700
Corporate Summary
TTI Holdings of America Corp., formally known as Thermaltec International, Inc., herein after referred to as "TTIH" or the "Company", was incorporated in 1995 in the state of Delaware to engage in the establishment and support of "Thermal Spray Coating Technology." Recently the company changed its name to TTI Holdings of America Corp. to better reflect the direction and strategy of the new focus.
TTIH current primary business objective is to develop, merge in, acquire and invest in companies that are under valued privately, but contain vast potential in the public arena. The company has presently obtained or is in the final leg of negotiations with securing companies in the following industry sectors; transportation, telecommunications, healthcare computer
networking and software, metallurgy, industrial products, beauty related care products and services.
Adelphia Capital, LLC (Member NASD and SIPC) has been retain to utilize its experience in the managing and the restructuring of the company and its subsidiaries, along with their potential mergers and acquisition candidates.
Adelphia Capital will make available to the company their entire staff of professional, including the many advisory contacts and strategic partners they have developed. Adelphia has also agreed to assist TTIH in the selection process of appointing additional Board members to better equip the company in its stated mandate. This business alliance brings in an independent and objective point of view that assures quality and due diligence.
Company Information
Recient Price: $0.55
52 Week Range (Low - High) : $.035 - $3.46
Estimated Float: 1,500,000
Shares Outstanding: 6,100,000
Financial Information
Fiscal Year: September 30th
Facts To Look At
The company has recently declared a spin-off of one of its subsidiaries Panama Industries Inc. Shareholders of record of TTIH as of July 22, 2001 will received one share of Panama Industries for every 3 shares of TTIH owned. The company is now in the process of finishing the required NASD and SEC filings that will complete the transaction in order to create a separate
fully trading public company. This transaction allows the Thermal Spraying business in Panama to grow on its own accord, making available additional funding based on a separate public traded entity.
Links: http://biz.yahoo.com/bw/010531/2385.html
TTIH is currently preparing to spin off another of its subsidiaries Transventures Inc. Transventures represents TTIH's holdings in the transportation logistics industry. Transventures is in the process of finalizing a joint venture with another public traded transportation logistics company. This company is a full service transportation, shipping, and logistics servicing company that operates out of New Jersey.
The company is in final negotiation with Cactus Health Spas. Cactus currently represents 11 beauty day salon spas with sales exceeding 6 million dollars. TTIH plans to license the Cactus Day Spa business mechanism and promote the development of several new units in the near future. These units typically gross between $1 and $2 million dollars per year per location when fully operational, and shall provide a steady stream of cash flow which may assist in capitalizing the company's current business model.
TTIH will also, from time to time, invest in "entrepreneurial" companies if it deems such alliances or acquisitions to be in the best interest of its shareholders. Such companies as Cobex Technologies, a telecommunications firm, and Material Shapes Unlimited, an industrial material contouring company are on TTIH horizon for the near future.
Links: http://biz.yahoo.com/bw/010620/2490.html
Conclusion
TTI Holdings of America Corp. plans to increase its business and enhance shareholder value by acquiring or merging with emerging growth companies, the main core of TTIH future business. TTIH will continue to seek small, dynamic, entrepreneurial companies in other fields. TTIH's policy will be to hold no more than 50% ownership in these entrepreneurial companies and distribute any value over 50% to its shareholders directly. This strategy
makes the company an equity distribution play for its shareholders in the up and coming months.
For further information contact the company @ (212) 759-8899
Disclaimer:
Advanced Networking Group is an independent research firm and has been compensated for this research report. The information contained herein has been obtained from sources, which are believed to be reliable, but the accuracy or completeness of the contents cannot be guaranteed. Any opinions and/or projections expressed herein are solely of the writer and are subject to change without
notice. This report under no circumstances is to be construed as an offer to sell or the solicitation of an offer to buy any securities. This report contains forward-looking statements including expressions of belief, expectation, contemplation, estimation and other expressions not relating to historical facts and circumstances. These forward-looking statements are subject to numerous risks and uncertainties that may cause such statements
not to prove accurate. Any recommendations contained in this report may not be suitable for all investors. Any investment recommendations in this report contain a high degree of risk and a prospective investor is encouraged to review in detail the Company’s prospectus and/or other additional information. Any projections or estimates herein made assume certain economic and industry conditions and parameters subject to change. This
marketing service was paid 10,000 shares of common stock by a third party to send out this report. The writer and consultants may have a position in the securities mentioned herein and may increase or decrease such positions without notice. They may also actively trade in the securities mentioned herein.
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