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So we are, trending sideways in the .20's, with a few q's more from the sec, that will make for a couple more weeks prior to a relisting. bidside of the l2 is weak at times, mm's would love to bring it back down strongly. hopefully they are working out a large short postition, that will make the stock sail even higher with buying pressure.
imho, Jerome
I looked briefly at the chart, resistance was at .15, now the downward trend has been broken, and the stock seems poised to sail high if the wind catches on, and the breeze does seem heavy incoming... no one wants to sell in this type of environment, for fear of losing out on aditional profits-- this makes good for raising the bar even further.
Technically, it needs to trend sideways here for a week or two, maybe even dip, shake some shares out, before it goes into the .30's/.40's... no real resistance until a buck, probably way stations along the way at .50 and .75, but this came down quick, and it could move up just as quick, to above $1.
imho, Jerome
Quick DD after a look at the filings:
http://www.pinksheets.com/quote/filings.jsp?symbol=TGHI
1) Around 6M shares have been retired.
2) At worst, the company is debt free, 1-3M in cash is a likelyhood.
3) A Natural gas exploration venture is going to be acquired, and their timeshares about to proceed.
4) All legal issues have been settled.
Number of shares of common stock outstanding as of June 10, 2001: 23,493,442
NOTE 4 - NOTE RECEIVABLE
During the year ended December 31, 2000, the Company sold its 40% interest in Thermal-Systems Worldwide, Inc. to an unrelated party in exchange for a $2,000,000 promissory note. The note does not bear interest and matures on November 15, 2001. The principal balance is due in one lump sum payment at maturity. The unrelated party does not presently have an established credit history or the liquid assets to convert the promissory note. Accordingly, the Company has reserved the entire amount as uncollectible pending maturity. A default provision in the note states that should the debtor default on their payment obligations, the entire interest in Thermal-Systems Worldwide, Inc. will be returned to the Company.
The subscriptions receivable at March 31, 2001 consists of 5,000,000 shares of common stock subscribed by five unrelated investors at $.20 per share. The subscription payments are due six months after the Company re-achieves active trading status on the Over-the-Counter Bulletin Board (OTC BB). The Company anticipates collecting payment in full during the year 2001, however, there can be no assurance that the Company will gain its active trading status on the OTC BB and that the subscriptions will be collected.
Current Development Activities
Energy
The Company is exploring business activities within the energy production markets. Specifically, the Company is researching opportunities with generating electricity and domestic natural gas exploration. The domestic need for fossil fuels and alternative energy sources has surged in recent years providing strong business opportunities for new business enterprises. The Company plans to position itself to develop its business plan and grow within such markets. Management has been considering acquiring new technology that has been made available to produce electricity. Third parties have invested over $35 million thus far to establish the viability of such technology. In addition to the generation of electricity, the Company has been given an investment opportunity with a Company that is presently working in the natural gas exploration field. Negotiations are currently underway to secure well positions that will produce a revenue stream for the Company.
Vacation Properties
The Company also has plans to develop, build and market time-share (vacation ownership interest, VOI) communities. Management is currently considering sites that could be developed using the VOI concept that is strongly rebounding after several years of disappointing growth. Various new partnerships and sole ownership opportunities are being explored domestically, in Canada and in the Caribbean.
Item 1. Legal Proceedings
The Company was named in a case filed in the United States District Court for the Southern District of Florida with the Securities and Exchange Commission.... The case was closed on June 7, 2001 with no material effects to the corporation.
imho, Jerome
3 FILINGS IN 9 DAYS..
the 8-K, 10-K and 10-QSB. Y'all may wish to take the time to look through them. Some interesting info. in there. Use the link above in the company description to get them.
THECHEF
RE: Chart,
TGHI looks like about a week away from a sthochastics reversal, and also loooks like it is holding about halfway up it's gains made from May's run,
http://quotes.freerealtime.com/rt/frt/M?SA=quotes/Chart&IM=quotes&type=Chart&movavg210=1...
imho, Jerome
Am really looking forward to getting the relisting and then moving up. Good luck all!
imho, Jerome
HEY LOUIE...
from what I'm hearing as rumors we could be in for 1 heck of a ride. Patience I think seems to finally be paying off.
IMHO i'm thinking we could see $1.00+ in the next 4-6 weeks as all becomes known. In the next few months $$. Again just my opinion. We will see.......
THECHEF
CHEF-I have a gut feeling we may finally see some improvement in the next few weeks.
FILINGS SUBMITTED LAST WEEK....
Seems our long awaited filings have made there way to the SEC. The filings were accompanied by the Lawyers Consent.
This was out biggest stumbling block from previous filings. Heres what we are looking at. We could be relisted as early as the middle of this week. The company is currently a shell with a few million in the bank, no debt and a low float. Which will over time get lower as the retirement of shares continues. The retirement has already begun but not many have been retred as of yet. Both J & J have been putting the final touchs on the new "direction" for the company. Both of them have been very tight lipped as to the new direction and have not let me know. Nor do my contacts know. John did tell me to call him sometime later this week to get an update. However John did seem to feel that longs would be very happy by the news.
THECHEF
This chart looks good!
http://www.pinksheets.com/quote/chart.jsp?symbol=TGHI&duration=2-6-2-0-0-31
All of this and we are not even relisted yet and there has been no PRs. Only time can tell what relisting will mean to TGHi's stock price, but my guess is we will see over .50 after three days of being relisted.
ACE
Updated IBOX post to include the current status, it printed .20 today, yowza!
imho, Jerome
Nice huh! eom
imho, Jerome
Bagger day, up 100%, we are getting closer chef!!
imho, Jerome
I get the feeling, just a feeling mind you, that things might be about to start happening here for TGHI!
imo
HEY MYDDDOTCOM...
I'm going to repost the info from my post at Ragingbull for y'all. Link is below
http://www.ragingbull.lycos.com/mboard/boards.cgi?board=tghi&read=2890
THECHEF
Hey all, any recent news?
With some volume, this will pop to above .10 pretty quick:
Inside: 0.03 / 0.055 (5000 x 5000)
NITE 0.03 / 0.08 5000x5000 02/26 HRZG 0.025 / 0.055 5000x5000 02/12
HRZG 0.025 / 0.055 5000x5000 02/12 NITE 0.03 / 0.08 5000x5000 02/26
TRWN 0.022 / 0.16 5000x5000 02/12 PGON 0.01 / 0.10 5000x5000 02/08
FRAN 0.02 / 0.15 5000x5000 02/12 HILL 0.015 / 0.12 5000x5000 02/08
HILL 0.015 / 0.12 5000x5000 02/08 FLTT 0.015 / 0.12 5000x5000 02/13
FLTT 0.015 / 0.12 5000x5000 02/13 FRAN 0.02 / 0.15 5000x5000 02/12
PILL 0.01 / 0.30 5000x5000 05/25 TRWN 0.022 / 0.16 5000x5000 02/12
GBIC 0.01 / 0.35 5000x5000 08/14 WIEN 0.01 / 0.21 5000x5000 02/08
NAIB 0.01 / 1.125 5000x500 11/30 PILL 0.01 / 0.30 5000x5000 05/25
WIEN 0.01 / 0.21 5000x5000 02/08 GBIC 0.01 / 0.35 5000x5000 08/14
PGON 0.01 / 0.10 5000x5000 02/08 NAIB 0.01 / 1.125 5000x500 11/30
Remarks:
Market Makers
MM ID
Trader Market Maker Phone
FLTT
FLTTDP Fleet Trading
Jersey City, NJ 800 526 3041
212 209 5270
FRAN
0007 William V. Frankel & Co.
OTC Trading - Jersey City, NJ 800 631 3091
212 943 6633
GBIC
GBICF1 GBI Capital Partners Inc
FT. Lauderdale, FL 800 929 2111
954 491 4545
HILL
HT002 Hill Thompson Magid & Co.
OTC Trading - Jersey City, NJ 800 631 3083
201 434 8100
HRZG
ALFONSEL Herzog, Heine, Geduld, Inc
OTC Trading - Jersey City, NJ 800 221 3600
212 962 0300
NAIB
DG3509 North American Institutio
Ft. Lauderdale - FL 800 952 6559
954 938 8500
NITE
1135A Knight Secs LP
Jersey City, NJ 800 232 3684
212 336 8703
PGON
TRADERM Paragon Capital Corp.
OTC Trading - Boca Raton, FL 800 521 8877
561 750 3777
PILL
OAKS Phillip Louis Trading Inc
Red Bank, NJ 732 936 0130
TRWN
MITCH T.R. Winston & Company, I
Bedminster NJ 908 234 9600
WIEN
2009 Wien Securities Corp.
OTC Trading - Boca Raton, FL 800 898 2777
Thanks Jerome. Sorry for the delayed response. I have a lot of news to post. But I'm waiting to hear from Jacques, I want to post that all filings are complete. Hope to see big things in the new year. On that note. Have a great Christmas, and a happy new year.
MINT
CHEF-UNDERSTOOD
With the new bias today and no lowering of interest rates I see the whole market effected. I see more dipes to come and false ralleys. Earnings or potential is the bottom line. I'm long and strong however I see STRONG potential.IMHO
Hey mint, welcome to ihub! I hope you don't mind that I signed elected you to the BOD here, so if you or CHEF ever want to use the "Chairmail" feature to send out email updates to TGHI subscribers (we have 6 presently), feel free to do so.
imo
Looks like our MM has resubmitted on the 5th of this month, maybe we will make it through the window of opportunity this time and start the new year back on the OTCBB.
Bid/Ask
.02/.05
imo
HEY LOUIE,
Yeah I found this last year about September. I asked John and Jacques about this on a number of occassions. And while Globus put out these PRs some of them were believed to be false by the SEC. I'm not sure how this all came about as being false. In doing my DD I found that TGHI at one time or another owned all said properties. All except for one that is. Appearently one of the properties that Globus made a press release about they said TGHI was in a "binding agreement" to acquire said property.I'm not sure if Globus jumped the gun but at the last minute TGHI got out bid and lost it. I did not see a press release to that effect. If thats what they called false and misleading I'm not sure. Binding agreement to purchase to me does not mean a definative sale into ownership (sign sealed and deliveried). If you look at that litigation release it states that the SEC does not seek relief (meaning it does not intend to fine) Trans-Global. From what appears to be a lack of facts against them. This is in JULY of last year!!! And add to this a court hearing where the courts also said the SEC has nothing. I'm lost at where the SEC has further problems with this?!?!?!?!
THECHEF
Any thought's on this. Especially last paragraph.
http://www.sec.gov/enforce/litigrel/lr16212.htm
Ok, you guys got my attention. Where is everyone. No updates! I had a minute to call Jacques today, unfortunately he was in a meeting at the time. When he called back, I was out of the office. Jacques left me a message that he will be out of town tomorrow, and will call me back on Friday to touch base. Hopefully, I will get some good news.
MINT $$ (2 $ signs, to keep up with tradition)
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.
Seems to me the same, but there is some mentioning there of Jacques too, and I remember from the first PR about Globus from the SEC, that it mentioned Jacques. I'll have to look into it more, obviously the SEC thinks they see something, but if the courts don't, why do they get the trump!
imo
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
LOL, wish after many phone calls TGHI magically reappeared on the OTCBB! What do you make of the legal issue?
imo
NEW 10-Q FINALLY APPEARS
Well after many phone calls the 10-Q magically appears on Free Edgar.
http://www.ragingbull.com/mboard/boards.cgi?read=2597&board=tghi
THECHEF
OK, good, I'll let you know when I send out another e-mail to see if you get it, last one was just about the filings stuff. I did get another 20k at .05, just figured it is the bottom, so why not. spread is now .035/.07
imo
YOUR NOT KIDDING!
Thats the most "Es" I've seen in a lonnnnnnng. So far JJ I've only been able to confirm what you've already said about the filing. John is going to check with the company that filed the 10-QSB to see what the problem is. I work with filings everyday and I've seen some really weird things happen but this is a first. As far as the MM paperwork we again appear to have a NASD delay. The paperwork has been there for a while. Why its not clearing I have no idea. I'm going to try to make some calls myself to see what I can find out. Also from what I hear there are more deals in the works. Lets hope
we see the light of day soon!!!
THECHEF
Invester hub e-mailed me and said it's changed. If they did file and it finally shows up I might wanna kick myself for not buying more at these prices.LOL
Talked with John, said that they sent in their filing on the 14th of the month, told him we didn't see it on edgar and to check on it. Anyway, we can't get an E, already on the pinks, lotsa E's today:
http://www.otcbb.com/dailylist/history/bbdl_11272000.stm
imo
JJ-I sent Investor Hub my new E-mail. Looks like I didn't recieve yours since I only changed my portfolio. New e-mail is matuski@swbell.net
By the way DSL is much better. THANKS, louie
OK, am mailing out one right now, so see if you get it, talked with TGHI, everything still moving in the right direction.
imo
CHEF or JJ
Chairmail subscription- Have new e-mail address. Let me know if you have trouble with new one.
louie
Morning JJ,
Of late I've been VERY busy. Being 10-Q season and the business I'm in I'm sure you'll understand. I have some feelers out but nothing so far. The last 10-Q filed on time so I'm puzzled why we are filing late this time. I asked John if he could undate me on the MM paperwork as well as the 10-Q filing. I had to leave a message but hes usually pretty good at getting back with me. Last time I spoke to him he and I were under the impression that the process of clearing MM paperwork did not take all that long. Also that there were a number of interested MMs. Plus shortly before we cleared at the NASD I called to see if there was already a form 211 on file (MM paperwork). There was. SOOOOO whats the hold up at this point????? I have not called back to ask recently if the form 211 was rejected or the MM changed their mind.
The length of time this is taking is getting a little frustrating but I have not sold. KEEP $$$MILING!
THECHEF
.05/.10
I didn't sell any on this last mini-run, and would love to get more if they want to drop the ask back down. I am patient here, and know that eventually it will come through.
Let us know if the NASD gives you any information.
imo
THATS OK JJ,
While on vacation I managed to pick up a few more shares @ .09. I could not help myself. HEHEHEHEHE!!!!
Anyways I have not gotten a confirmation date on the relist ie the clearing of the MM paperwork. I have made several calls to the OTCBB dept of NASDAQ. I was put on hold so long the times I called I finally gave up. I also tries to call John a couple times but he has been out of the office. But todays another day! Hope to see you in the GREEN soon......
Keep $$$$miling.
THECHEF
.07/.14 looks like they are not going to let us get any more cheap shares.
imo
OK Chef, now you are added to the directors, there is an email list, for sending out emails to the TGHI subscribers, and you can manage the board as well. They don't have it so that you can edit the ibox yet, but I've requested that OBD members have access to it.
imo
LOOKIN GOOD
Hey jerome heres a confirm from a site I robbed from ZEZEMONEY. This one shows Price, Volume and Momentum all on the move UPWARDS!!
http://stockscores.com
THECHEF
Loui, submit it to whoever you'd like, I regularly get it out there via certain message boards, and will do so more frequently once we get some PR's or are on the OTCBB for daily changes, that is what is going to bring in the exposure.
imo
JJ- Think what we need now is exposure. Like submiting this one to profitpicks.com or any others.
TGHI has been on the pinks since when, Jan I believe, was near $1, then even on the pinks was up above .50, and in may/june in the .20-.30 range while on the pinks!
We have a long ways up to go, the price just broke out above 10,20,50 and 100 day moving averages, once above .22, we will be above the 200 day average. Trend reversal occuring, now with relistment, let's see what they've been doing.
http://www.quicken.com/investments/charts/?period=YTD&charttype=HIST&plot=LINE&mavg=10+25+50+100+200&dji=&sp500=&nasdaq=&symbol=TGHI
imo
From MINT:
1) The new investors on board, have been diligently working with Ed Jordan at the NASD. They have narrowed if not completed all the outstanding requirements.
2) A new MM is in place.
3) Re-list next week?
4) There will be many news releases as soon as we re-list. They want this stock at least at the 1.00 mark in three weeks time.
This is a combination of information that i have received. I know that most of it is confirmed. But there is always something that could come up. But everyone is very very optimistic on a re-list by at least the week of the 24th.
I hope someone can back me up and confirm what I have learned. Or at least tell me that I am way off. But today's volume and bid/ask seem to solidify what I have written.
MINT
I confirm, window for relisting is the 14th to the 28th of this month.
What I was told was to hang on to my shares, shareholder value is going to return to it's old highs, TGHI has things in place to begin performing revenue!
Let's see a 30M mkt cap:)
I'll take $1!
imo
JEROME YOU MAY WANT TO CONSIDER CHANGING YOUR LINK FOR EDGAR ON-LINE
Some aren't registered for edgar on-line. While all can use free edgar.
Heres the link if you want to use it
http://www.freeedgar.com/search/filingsresults.asp?sourcepage=companylist&CIK=1095674&useframe=1&formtype=&datefiled=&companyname=TRANS+GLOBAL+HOLDINGS+INC
THECHEF
Hey there CHEF, looks like we just have a few more days on the pinks, looking forward to the OTC by next week:) And then the great news will follow!
imo
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