SAMMAMISH, WA, April 17 /PRNewswire-FirstCall/ -- Tradeshow Marketing Company, Ltd. and have entered into a letter agreement ("Letter of Intent") relating to Tradeshow Marketing's proposed acquisition (the "Acquisition") of a Precious Metals Recycling and Refining Company in a transaction subject to satisfactory completion of due diligence and the negotiation of definitive documentation, receipt of Tradeshow Marketing approval, regulatory approvals, and the satisfaction of certain other conditions. The Letter of Intent provides that the parties plan to complete their respective technical, operating due diligence. Both parties have agreed to a non-solicitation period expiring on May 15, 2009.
About the Precious Metals Recycling and Refining Company
The targeted Precious Metals Recycling and Refining company purchases items containing precious metals, and processes/refines them into their pure form. The company primarily purchases gold, silver, and copper from recycling retail customers' jewelry, coins, electronic components, and heirloom collectables. It also offers recycling services for other precious metals, such as platinum and palladium.
Tradeshow Marketing management believes it can increase shareholder value by acquiring gold, silver, platinum, and other precious metals, without the risks of large capital costs and the inherent environmental and political hazards associated with the traditional forms of mining, but recycled from the general public through our trade show presence and our "As Seen on TV"-related brand names.
About The Precious Metal Recycling Industry USGS Minerals Commodity Summary - http://minerals.usgs.gov/minerals/pubs/mcs/
The latest USGS commodity summaries state that most of the gold that is fabricated today is used in the manufacture of jewelry. Gold is also important to industry and the arts, but more importantly from our perspective, it also retains a unique status among all commodities as a long-term store of value. According to the USGS, about 67% of the reported gold consumption in 2008 came from recycled sources, equating to 120 tons of new and old scrap gold. It also states that the currently increasing gold price and the worldwide economic slowdown are accompanied by an increased investment in gold. This indicates a domestic market of over $3.4 billion annually in recycled gold.
As for silver, an approximate 1,600 tons was recovered from old and new scrap in 2008, compared to the US domestic silver production of approximately 1,120 tons. This indicates a domestic market of over $800 million annually in recycled silver. The gross estimated market value between these two recycled precious metal categories is over $4 billion in the United States annually.
Luniel de Beer, President & CEO, said, "For the past 20 years the TradeShow Marketing Company and its management has been specializing in television, trade shows, and ecommerce, marketing various products direct to consumers throughout the United States and Canada. Our established brand name, "Sandström OnTV Company", put us in an excellent position to introduce the business concept to our consumer network. We can capitalize on the precious metal recycling business with very few barriers to entry because of our trade show presence and online identity. Our first objective will be to begin production on a new website and a nationwide advertising & marketing campaign."
About Tradeshow Marketing Company, Ltd
Tradeshow Marketing Company, Ltd. , is a specialty product development and direct to consumer commerce company with operations in North America. The company has extensive experience in trade shows and ecommerce, and owns and operates multiple specialty retail stores.
More information is available about Tradeshow Marketing Company at http://www.tsmc.ca/
Safe Harbor Statement
This release contains "forward-looking statements" within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended, and such forward-looking statements are made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. "Forward-looking statements" describe future expectations, plans, results, or strategies and are generally preceded by words such as "may", "future", "plan" or "planned", "will" or "should", "expected," "anticipates", "draft", "eventually" or "projected". You are cautioned that such statements are subject to a multitude of risks and uncertainties that could cause future circumstances, events, or results to differ materially from those projected in the forward-looking statements, including the risks that actual results may differ materially from those projected in the forward-looking statements as a result of various factors, and other risks identified in a company's annual report on Form 10-K or 10-KSB and other filings made by such company.
Tradeshow Marketing Company Ltd.
CONTACT: More information is available about Tradeshow Marketing Company
at http://www.tsmc.ca/; Media Contacts: Tradeshow Marketing Company,
ContactUs@tsmc.ca, +1 (888) 433-4666
