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FT. LAUDERDALE, FL, May 26 (MARKET WIRE) --
TBC Global News Network (OTCBB: TGLN) is pleased to announce the decision
by Arlene and Glenn McMachen, the controlling stockholders of the
company, to return collectively 1.5 billion shares of common stock to the
company for cancellation and return to treasury. Glenn McMachen, CEO of
the company, stated, "In an effort to reduce the risks inherent in a
reverse split, we have decided to return these shares to the company."
Mr. McMachen further stated, "In this economy, a reverse split at this
time would not be advantageous to stockholders." The return of shares to
treasury has increased the ownership percentage by non-affiliated
stockholders by approximately 40%. The shares in question have been sent
to the company's transfer agent today for cancellation.
Glenn Further comments on 10Q, "The 10Q filed this week represents the
closure of the prior business model of TBC Global and does not show any
revenues of its subsidiary, Sterling Yacht Sales, Inc., which is the only
operating entity remaining in the company (it began such operations in
the second quarter). We intend to change the name of the company and
update all pertinent information. We plan on announcing a conference call
with shareholders in June to bring all shareholders up to speed on the
company and address all questions and concerns."
On Thursday, November 7, 2013, the Financial Industry Regulatory Authority, Inc. (“FINRA”) halted trading in all OTC Equity Securities pursuant to FINRA Rule 6440(a)(3). FINRA determined to impose a temporary halt because of a lack of current quotation information. Therefore, FINRA has determined that halting quoting and trading in all OTC Equity Securities is appropriate to protect investors and ensure a fair and orderly marketplace. The trading and quotation halt began on Thursday, November 7, 2013, at 11:25:00 a.m. E.T. FINRA will notify the market when trading may resume.
Pink Link with the OTC is down... they are working on it..eom
Pink Link with the OTC is down... they are working on it..eom
new owner
mcmachen family
golden state equity
concept serious
new owner
mcmachen family
golden state equity
concept serious
Xan, That's true, but you, Sir.... have class eom
which simply means I lost my money with style. Some losers have no class at all.
This is about the fourth time Fleming has had to rely on Anne for their livelihood... what a putz!
Good job, Xan... you have always been the best for DD for this board... WOW!!!
murmel, the Blackjack Road, Franklin, Kentucky address is old, outdated info and was the private residence for the former CEO John Fleming and partner Anne Morrison. As I recall, although GameZnFlix may have paid the expenses, the house was in Anne's name. Later GZ pretty well set her up by pre-paying a long term lease for office space above a restaurant she opened in Franklin, also in her name. After folding up shop, as far as video game rentals were concerned, apparently they squeezed out what they could get from the inventory of video games, other GZ assets, along with Anne's equity in the house (maybe, as there once had been a lien on it for $14,000 in back taxes), the building and restaurant equipment, if any, and returned to California. They may have driven the GZ recreational vehicle there as one address that popped up (7407 Alvarado Rd,La Mesa, CA 91942), was from a RV park.
After taking over TGLN, as far as I know, GLENN MCMACHEN and wife never left Florida.
Seems JF and Anne are now partners in a pastry business in El Cajon, CA. http://www.scottishpastries.com/Home_Page.php.
Twitter..https://twitter.com/scottishpastry.
http://www.linkedin.com/pub/john-fleming/16/2b6/a44
They may live in La Mesa, CA.
Tbc Global News Network Inc has an annual sales volume of 20M – 49,999,999. For more information contact GLENN MCMACHEN, CHIEF EXECUTIVE OFFICER.
For maps and directions to Tbc Global News Network Inc view the map above. For reviews of Tbc Global News Network Inc see below.
registrant owne
http://nextengineventures.com/
abond you a neutral person.nice that you here
fashion and yacht.make a fashion yacht.
best no1
abond nice text.
to the mooooonnnn.
TGLN and Fashion one!!hummm!!http://www.fashionone.com/showcase
FASHION AND ENTERTAINMENT CHANNEL
ONE WORLD, ONE NETWORK
Fashion One is distributing to over 120 countries worldwide. Fashion One Has reached over 100 million worldwide.
http://www.tgln.com/
http://www.fashionone.com/
http://www.fashionone.com/company
Gm Wick50$. I know you have nice contact and info with this stock..
1)What's your feeling here now..?
2)new moderator is ?? joke or Golden state guy ?? or canadian guy?
3)65 million shares lol!! not real ??
new share structure probably??
4)new business model
TGLN will be next EWRC live social network !!http://xperienceteam.com/pi.php?pi=999 other$ JOKE!!
or TGLN will be next boom ;) Revolutionizing Social Media.??
!!!!!!!!!!!! http://www.tgln.com/ !!!!!!!!!!!
5)mafia guy Fleming again around here or not??
your feeling?? ref: Golden State Equity Investors bought or increased their position
in TGLN to 9.99% in 2012. I know I saw that somewhere.
http://www.fatpitch.biz/cgi-bin/f.cgi/psp/extn/lmt_entry/cik.1348010.974.html
http://www.sec.gov/divisions/enforce/claims/grifco.htm
http://www.rg2claims.com/pdf/Grifco_ClassNotice.pdf
http://www.sec.gov/litigation/litreleases/2009/lr21019.htm
thx wick
Abond$
Please answer?? wickw50 Wednesday, 10/23/13 09:09:45 PM
Re: murmel007 post# 268280
Post # of 268290
murmel007, Exactly who is the new moderator??? eom
!!!!!!!!!!!!Hey murmel007 Who ??? and what's your link with fleming Golden state and Glenn W. McMachen,
TGLN-fleming =??
Ab$
What are you talking about. There is apparently no connection to that company by this ticker tgln.
A new project is coming to you.
Revolutionizing Social Media.
tgln.com
My question:
What will Golden state equity with TGLN??
My question:
What will Golden state equity with TGLN??
murmel007, Exactly who is the new moderator??? eom
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