Trans-Global Holdings Inc (TGHI)

[THECHEF]

HMMMMMMMMMM,
My take on the Legal Proceedings. This was something I thought had come to a conclusion long ago. From what I was told TGHI was not being held accountable for the PR that Globus sent out. And if you remember a number of companies were metioned in the PR. Not just Trans-Global. I'm curious as to why some of the others have been exonerated and not TGHI. I was told long ago both by John and Jacques that TGHI had no involvement and that the case had been settled. Appearently it has not been resolved. I've had a chance to read that "ITEM 1" over a number of times. It looks to me like the SEC still thinks theres something to warrent further investigation or to pursue the levying of fines. Even though TGHI settled with the SEC thru the courts and the courts saying the SEC has nothing no fine is needed. The SEC filed a motion to have that withdrawn. I thought this was a long dead point. Looks like I'll have to see what Johns take on this is.

THECHEF