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TSPG TGI Solar Power Group Inc (PK)

0.00215
0.00015 (7.50%)
19 Jul 2024 - Closed
Delayed by 15 minutes
Share Name Share Symbol Market Type
TGI Solar Power Group Inc (PK) USOTC:TSPG OTCMarkets Common Stock
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  0.00015 7.50% 0.00215 0.002 0.0023 0.0023 0.00212 0.0023 108,500 19:32:29

TGI's Edgetech Systems Inc. (TSPG) Announces Appointment of New President

21/06/2011 3:30pm

PR Newswire (US)


TGI Solar Power (PK) (USOTC:TSPG)
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RED BANK, N.J., June 21, 2011 /PRNewswire/ -- TGI Group (PINK SHEETS: TSPG), diversified holding company, today announced the appointment of Alexander Dekhtyar as President of Edgetech Systems Inc. Mr. Dekhtyar will be in charge of developing the Company's U.S. and International business. Mr. Dekhtyar will be involved in further development of the Company's online trading platform and new products, which represents a new market and potential revenue stream for the Company. As new president, Mr. Dekhtyar's responsibilities will include strategic planning, administration, compliance and marketing as well as further develop an executive team to take Edgetech to the next level.

Mr. Dekhtyar has over fifteen years experience in the management of startup companies, including ten years involved specifically in Forex. He is sought after for his abilities to take companies with promising technologies and properly structure them to allow them to successfully achieve their business strategies. He decided to join the Company after a careful due diligence into the marketability of retail trading platforms.

"We are excited to have Mr. Dekhtyar join our company. His experience as an entrepreneur, corporate executive, and FOREX trader will be important as we expand our operations here in the United States and abroad," stated Henry, Val CEO of TGI, Edgetech's Holding company. "We will continue Edgetech operations in our Beverly Hills office and currently are considering relocating our Marketing office to New York City, for it is vital to have presence in the financial center of the world."

Edgetech continues development of the system into a multi-asset class trading platform and looking to add to it social environment for the traders to share information and ideas. The platform currently supports foreign exchange, precious metals and other contracts.

This purchase comes in light of recent developments, when TGI entered into an agreement with Worldlink Group plc (WLO1), which has patent protected technology platform for the transfer of real time financial and other data to mobile devices and also recently acquired trading platform and creation Edgetech Systems Inc.

About Edgetech Systems Inc

Edgetech software includes a front end trading interface, a back office reporting and management system and gateways to liquidity providers, also currently supports foreign exchange and contracts for difference transactions, and has been successfully implemented in demo and live environments by several registered financial companies and is being used by their clients. TGI shall have the right to develop this source code into a multi-asset class trading platform or make any other modifications it desires to make. All modifications of the source code shall belong to TGI, and TGI shall retain all rights to these modifications.

About TGI Solar

TGI SOLAR POWER GROUP INC. (www.tgisolar.com) is a diversified holding company. The Company offers its products and services to clients on a worldwide basis and currently maintains JVs and strategic alliances with installation, integration and energy consulting firms. TGI's strategy is to acquire new patented technologies, components, processes, designs and methods with commercial value that will give market advantage and generate shareholder value.

Safe Harbor Statements under the Private Securities Litigation Reform Act of 1965: Those statements contained herein which are not historical are forward-looking statements, and as such, are subject to risks and uncertainties that could cause actual operating results to materially differ from those contained in the forward-looking statements. Such statements include, but are not limited to, certain delays that are beyond the company's control, with respect to market acceptance of new technologies, or product delays in the testing and evaluation of products, and other risks, as detailed in the company's periodic filings with the Securities and Exchange Commission.

Contact:

Henry Val

Info@tgisolar.com

SOURCE TGI Group

Copyright 2011 PR Newswire

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