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TGGI Trans Global Group Inc (CE)

0.0001
0.00 (0.00%)
Last Updated: 00:00:00
Delayed by 15 minutes
Share Name Share Symbol Market Type
Trans Global Group Inc (CE) USOTC:TGGI OTCMarkets Common Stock
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  0.00 0.00% 0.0001 0.0001 0.0001 0.0001 495,000 00:00:00

TRANS GLOBAL GROUP, INC. IS PLEASED TO ANNOUNCE OCTMARKETS HAS REMOVED THE STOP SIGN, OTCPINK CURRENT STATUS IS NEXT

22/09/2017 6:21pm

InvestorsHub NewsWire


Coconut Creek, FL -- September 22, 2017 -- InvestorsHub NewsWire -- Trans Global Group, Inc. (OTC: TGGI) is pleased to announce the "Stop Sign" has been removed from the Company and the Company is on its way to being upgraded to OTCPINK Current status.

TGGI through its filings have brought its shareholders current from December 31, 2015 through June 30, 2017. The Attorney Letter has been posted and soon the Yield sign will be replaced with OTCPINK Current status.

Through a tweet the Company notified shareholders of its desire to reduce the Outstanding shares by 3 billion. On September 15, 2017 the first 300 million was canceled by the transfer agent, another 230 million shares are being placed back into certificate form so they can be sent to the transfer agent to be canceled.

Today the Company received confirmation of another 300 million free trading shares that will be returned next week. Over the next few weeks this will reduce the number of shares in the float by 830 million, almost a third of the way to our goal.

When the Company changed its domicile from Florida to Delaware the total number of Authorized shares have been reduced from 10.6 billion to 7.890 billion.

On September 18, 2017 the Company changed the name of its subsidiary to Cannabis Consortium, Inc. The subsidiary was created in 1998 as a Blank Check Shell and has 47 shareholders, it was first acquired by TGGI in 2010.

Cannabis Consortium is comprised of 4 revenue streams and 1 research division. Three of the revenue streams are derived from edibles and the other revenue stream is from investments. The research division will focus on the medical benefits of CBD oils for the treatment of animals.

Once the Company has been fully upgraded to OTCPINK Current more information on Cannabis Consortium and the further retirement of the Companys common stock will be released.

The foregoing press announcement contains forward-looking statements that can be identified by such terminology such as believes, expects, potential, plans, suggests, may, should, could, intends, or similar expressions. Such forward-looking statements involve known and unknown risks, uncertainties and other factors that may cause the actual results to be materially different from any future results, performance or achievements expressed or implied by such statements. In particular, management's expectations could be affected by among other things, uncertainties relating to our success in completing acquisitions, financing our operations, entering into strategic partnerships, engaging management and other matters disclosed by us in our public filings from time to time. Forward-looking statements speak only as to the date they are made. The Company does not undertake to update forward-looking statements to reflect circumstances or events that occur after the date the forward-looking statements are made.

Contact:

Matt Dwyer

matt@transggi.com

954-905-9896

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