Trans Global Group Files Restated Articles of Incorporation with the State of Florida

CAPE CORAL, FL / ACCESSWIRE / October 13, 2015 / Trans Global Group, Inc. (PINKSHEETS: TGGI) is pleased to announce the Company has filed Restated Articles of Incorporation with the State of Florida reducing both the Authorized shares of its Common and Preferred stock.

On October 9, 2015 Trans Global Group filed Amended and Restated Articles with the State of Florida reducing its Authorized Common shares from 15.6 Billion to 10.6 Billion and its Preferred stock from 5.0 Million to 1.5 Million.

With this first reduction the Company has reduced the number of Authorized Common shares by over 30% and eliminated 3.5 million shares of Convertible Preferred stock from being issued or converted into 35 Billion shares of Common stock.

TGGI's Common stock has been fully restored to full DTC Eligibility, which allows it to trade and settle electronically. The Company will file the needed Legal Opinion to be fully restored to OTC Current Information by the end of October.

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.

For additional information about this release please contact:

James Irving
239-400-0012
[e-mail]

SOURCE: Trans Global Group, Inc.