Triton Distribution Systems Inc. (PINK: TTDZ) shares have fallen sharply in trading today. At last check, TTDZ shares were trading 19.70% lower at $0.0053 on volume of 5.44 million. Despite the sharp fall in trading today, TTDZ shares are still up more than 130% this week.
On Tuesday, Triton Distribution announced the launch of a new exclusive global travel club, which will be 100% owned by the company.
TTDZ said that it acquired an active membership list of 1,500,000 members that will be core starting membership participants in Privileged Inc., the newly created company that will service all travel requirements of the members that have already signed up and new members joining the exclusive travel club.
The membership fee for the exclusive club is $50 annually. This translates to estimated gross annual revenue of $75 million based on the active membership list. In addition, TTDZ also expects to generate sales in travel fees to the active members of approximately $25 million.
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