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Re: Bob Cloppindale post# 67159

Tuesday, 10/25/2016 10:41:38 AM

Tuesday, October 25, 2016 10:41:38 AM

Post# of 143299
There's a date on the R/S. The paperwork was submitted. So you can wait until the R/S and have 100 shares of Cannabis Consortium for every 1M $TGGI, or you can buy $BCAP and have 5,000 shares for every 1M $BCAP you buy.

Those are the effective choices now because there's not a sufficiently active trading market in $TGGI pre-R/S.

From the PR:

"...On October 18, 2016 Baron Capital filed an Amendment with the State of Florida to change the name of Trans Global Group Inc. to Cannabis Consortium, Inc., along with a change to TGGI's share structure.

The State of Florida Amendment reduces TGGI's Authorized Common shares from 10.6 billion to 250 million shares. TGGI's Preferred shares will change from 1.5 million to 1 million. A 10,000 to 1 reverse split for TGGI has also been filed in the Amendment. All changes are scheduled to go effective on, or about, November 7, 2016.
..."

http://ih.advfn.com/p.php?pid=nmona&article=72703926

The only change to the date would be a delay in processing of the already filed paperwork, so maybe there's a day to a week or so delay depending on what the workload is at FL SOS.


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