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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 | 1,250,089 | 00:00:00 |
Consulting and Equity Agreements Signed
CAPE CORAL, FL / ACCESSWIRE / January 7, 2016 / Trans Global Group, Inc. (OTC: TGGI) is pleased to announce the Company entered into an agreement today to assist 3 private entities with going public via Reg A filings.
TGGI will oversee and manage communication and filings for the 3 companies, while acting as the liaison between the companies and the Attorneys and Auditors. TGGI will act as the filer and upload all the Reg A documents to the SEC via the Edgar system.
In exchange for its services, TGGI will receive consulting fees of $10,000 per company and 5% of the common shares of each company after the Reg A goes effective.
TGGI will use its website to upload the progress of each company where shareholders can manage the progress and interact with each company directly.
The business operations of the 3 companies range from a Roll-Up of a $9.2 Billion dollar industry where the top 4 companies only account for 2.5% of the overall revenue of this highly fragmented industry; A Business Development Company helping to bring new businesses to the Islands, with local support this company is working with 4 companies that plan to begin operations in the Islands; and lastly assisting a company working with Aquaponics/Hydroponics around the country and Puerto Rico, growing both vegetables and fish, which has the ability to offer letters of credit issued from the USDA to secure the investment.
Trans Global Group's President & CEO James Irving states, "Trans Global is thrilled to continue its growth by signing an agreement to work with 3 additional entities, each bringing a unique product or service to its market, with the potential for each to be a market leader. We will update our website as the deals move through the process."
TGGI, in compliance with SEC regulations, may in the future use social media outlets like Facebook or Twitter and its own website to announce key information in compliance with Reg FD.
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
IR@transggi.com
SOURCE: Trans Global Group, Inc.
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