3DIcon Files SB-2 Registration Statement with the Securities and Exchange Commission.Debenture Conversion Shares of Golden Gate Investors to be Registered TULSA, Okla. -- 3DIcon Corporation (Pink Sheets: TDCP TDCP Tourism Development Corporation of Punjab (Pakistan) ), a development-stage communications technology Noun 1. communications technology - the activity of designing and constructing and maintaining communication systems engineering, technology - the practical application of science to commerce or industry company, announced today that it has filed an SB-2 registration statement with the Securities and Exchange Commission to register 3,040,909 shares of its common stock, of which 2,840,909 shares underlie a $1.25 million convertible debenture Convertible Debenture Any type of debenture that can be converted into some other security. Notes: For example, a convertible bond can be converted into stock. issued to Golden Gate Investors, Inc. of San Francisco San Francisco (săn frănsĭs`kō), city (1990 pop. 723,959), coextensive with San Francisco co., W Calif., on the tip of a peninsula between the Pacific Ocean and San Francisco Bay, which are connected by the strait known as the Golden , and 200,000 shares which have been issued to a selling shareholder as compensation for services rendered. ABOUT 3DICON CORPORATION 3DIcon Corporation is a development-stage company whose mission is to create and market genuine full-color, 360-degree 3D technology. Through a sponsored research agreement with the University of Oklahoma University of Oklahoma, abbreviated OU, is a coeducational public research university located in the U.S. state of Oklahoma. Founded in 1890, it existed in Oklahoma Territory near Indian Territory 17 years before the two became the state of Oklahoma. ("OU"), 3DIcon owns the exclusive worldwide marketing rights to certain 3D intellectual properties developed or under development by OU. These technologies are designed to revolutionize or replace existing forms of electronic communications, including television, telephones, and personal computers. SAFE HARBOR Safe Harbor 1. A legal provision to reduce or eliminate liability as long as good faith is demonstrated. 2. A form of shark repellent implemented by a target company acquiring a business that is so poorly regulated that the target itself is less attractive. STATEMENT UNDER THE PRIVATE SECURITIES LITIGATION An action brought in court to enforce a particular right. The act or process of bringing a lawsuit in and of itself; a judicial contest; any dispute. When a person begins a civil lawsuit, the person enters into a process called litigation. ACT OF 1995 With the exception of historical information, the matters discussed in this news release are forward-looking statements forward-looking statement A projected financial statement based on management expectations. A forward-looking statement involves risks with regard to the accuracy of assumptions underlying the projections. that involve a number of risks and uncertainties. The actual future results of 3DIcon could differ significantly from those statements. Factors that could cause actual results to differ materially include risks and uncertainties such as the inability to finance the company's operations, inability to hire and retain qualified personnel, and changes in the general economic climate. In some cases, you can identify forward-looking statements by terminology such as "may," "will," "should," "expect," "plan," "anticipate," "believe," "estimate," "predict," "potential" or "continue," the negative of such terms, or other comparable terminology. These statements are only predictions. Although we believe that the expectations reflected in the forward-looking statements are reasonable, such statements should not be regarded as a representation by 3DIcon, or any other person, that such forward-looking statements will be achieved. We undertake no duty to update any of the forward-looking statements, whether as a result of new information, future events or otherwise. In light of the foregoing, readers are cautioned not to place undue reliance on such forward-looking statements. This Release does not constitute an offer of any securities for sale. |
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