American International Ventures, Inc. Acquires
TLM Industries, Inc. and Changes Name from American Precious Metals, Inc.
Updated: Wednesday, February 28, 2001 12:06 PM ET
LODI, N.J.--(BUSINESS WIRE)--Feb. 28, 2001--American International
Ventures Inc. (OTC BB: AIVN) reports that it has acquired TLM Industries,
Inc ("TLM"). A definitive agreement has been finalized and the
satisfactory due diligence review by the parties has been completed.
American International Ventures, Inc. has acquired all of the issued and
outstanding shares of TLM and in exchange, the shareholders of TLM will
receive three million two hundred twenty five thousand (3,225,000) shares
of common stock of American International Ventures, Inc. GetToner.com,
Inc. is a wholly owned subsidiary of TLM. Mr. Dominic Taglialatella, CEO
of TLM will be appointed Executive Vice President and Director of American
International Ventures, Inc.
GetToner.com sells office supply products, principally disposable
imaging products such as laser toner, copier 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 than OEM products.
Recycled cartridges have been cleaned, filled and tested and are priced
approximately 40% to 50% less than OEM products sold by major retailers.
GetToner targets the home-office user, small to medium sized businesses
and large associations or user groups. GetToner sells its products through
e-commerce at its web-site and through direct sales to specially designed
marketing programs for universities, school systems and charitable
organizations. IRS, Bureau of Land Management, Department of Veteran
Affairs, The Muscular Dystrophy Association, The Historical Research
Center, U.S. Post Office and over 100 Schools are customers of
GetToner.com.
On December 21, 2000, American Precious Metals, Inc. changed its name
to American International Ventures, Inc.
CONTACT:
American International Ventures
Jack Wagenti, 973/335-4400
President
Fax: 973/471-7327
jwage2@yahoo.com
or
GetToner.com
Dominic Taglialatella, 800/933-8211
CEO
Fax: 973/912-0687
dom@gettoner.com
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