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American Precious Metals in the Process of Acquiring GetToner.com.


Business Editors

LODI, N.J.--(BUSINESS WIRE)--Nov. 8, 2000

American Precious Metals, Inc. (OTC OTC

See: Over-the-counter.


OTC

See over-the-counter market (OTC).
 BB:ANPC ANPC Australian Network for Plant Conservation
ANPC Autoritatea Nationala pentru Protectia Consumatorilor
ANPC Australian National Playwrights' Centre
ANPC Alberta Native Plant Council
ANPC Associação Nacional de Psicanálise Clínica
) reports that it has signed a letter of Intent of Share Exchange with TLM Industries, Inc.

Subject to the execution of a definitive agreement and the satisfactory due diligence review by each party of the other party. American Precious Metals, Inc. will acquire all of the issued and outstanding shares of TLM Industries. In exchange, the shareholders of TLM Industries will receive two million (2,000,000) shares of American Precious Metals, Inc. GetToner.com is a wholly owned subsidiary Wholly Owned Subsidiary

A subsidiary whose parent company owns 100% of its common stock.

Notes:
In other words, the parent company owns the company outright and there are no minority owners.
 of TLM Industries, Inc. Mr. Dominic Taglialatella, CEO (1) (Chief Executive Officer) The highest individual in command of an organization. Typically the president of the company, the CEO reports to the Chairman of the Board.  of GetToner.com will be appointed Executive Vice President and Director of American Precious Metals, Inc.

GetToner.com sells office supply products, principally disposable imaging products such as laser toner, inkjet and fax ribbon cartridges for computer printers, fax machines and copiers. Compatible cartridges are manufactured similarly to the specifications of the original equipment model and are priced 60% to 70% less. Recycled cartridges have been cleaned, filled and tested and are priced approximately 40% to 50% less than similar products sold by major retailers. GetToner targets the home-office user, the small to medium sized businesses and large associations or user groups. GetToner sells its products through e-commerce at its web-site, through direct sales to specially designed marketing programs for universities, school systems and charitable organizations. IRS An abbreviation for the Internal Revenue Service, a federal agency charged with the responsibility of administering and enforcing internal revenue laws. , Bureau of Land Management, Department of Veteran Affairs, The Historical Research Center, U.S. Post Office U.S. Post Office can refer to the United States Postal Service system.

There are many interesting and historic buildings among the large number of facilities.
 and over 100 Schools are customers of GetToner.com.
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Publication:Business Wire
Date:Nov 8, 2000
Words:257
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