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All those of you with charts ! Just throw them away
1-5 cents this week
Half cent now penny by 2 pm
This will be like many stocks have gone
.004
.006.009
.01
.03
.09
You ready tggirs ? Penny today ?
Bid is up to .0027 boom $$ tggi
Let’s just say they are not even close to any of the requirements plus they would have to pay 25 k plus few hundred thousand to get in
Major stock exchanges, like the Nasdaq, are exclusive clubs—their reputations rest on the companies they trade. As such, the Nasdaq won't allow just any company to be traded on its exchange. Only companies with a solid history and top-notch management behind them are considered.
The Nasdaq has four sets of listing requirements. Each company must meet at least one of the four requirement sets, as well as the main rules for all companies.1?
KEY TAKEAWAYS
Major stock exchanges, like the NASDAQ, are exclusive clubs—their reputations rest on the companies they trade.
The NASDAQ has four sets of listing requirements.
Each company must meet at least one of the four requirement sets, as well as the main rules for all companies.
In addition to these requirements, companies must meet all of the criteria under at least one of the following standards.
A company has four ways to get listed on the NASDAQ, depending on the underlying fundamentals of the company.
Listing Requirements for All Companies
Each company must have a minimum of 1,250,000 publicly traded shares outstanding upon listing, excluding those held by officers, directors, or any beneficial owners of more than 10% of the company.
The regular bid price of shares of the company's stock at the time of listing must be at least $4.00. However, a company may qualify under a closing price alternative of $3.00 or $2.00 if the company meets varying requirements.
There must be at least three (or four depending on the criteria) market makers for the stock. For companies using the $3 or $2 criteria, only two market makers may be required. Each listing firm is also required to follow NASDAQ corporate governance rules 4350, 4351, and 4360.
Companies must also have at least 450 round lot (i.e., 100 shares or more) shareholders, 2,200 total shareholders, or 550 total shareholders with 1.1 million average trading volume over the past 12 months.
As of 2020, a company must pay a $25,000 application fee before its stock can even be considered for listing, and it can expect to pay between $150,000 and $295,000 in entry fees if successful.
In addition to these requirements, companies must meet all of the criteria under at least one of the following standards.2?
Standard No. 1: Earnings
The company must have aggregate pre-tax earnings in the prior three years of at least $11 million, in the previous two years at least $2.2 million, and no single year in the prior three years can have a net loss.
Standard No. 2: Capitalization With Cash Flow
The company must have a minimum aggregate cash flow of at least $27.5 million for the past three fiscal years, with no negative cash flow in any of those three years. Also, its average market capitalization over the prior 12 months must be at least $550 million, and revenues in the previous fiscal year must be $110 million, minimum.
Standard No. 3: Capitalization With Revenue
Companies can be removed from the cash flow requirement of the second standard if its average market capitalization over the past 12 months is at least $850 million and revenues over the prior fiscal year are at least $90 million.
Standard No. 4: Assets With Equity
Companies can eliminate the cash flow and revenue requirements, and decrease its marketing capitalization requirements to $160 million if their total assets total at least $80 million and their stockholders' equity is at least $55 million.
To stay listed on the Nasdaq, a company must continue to meet the minimum listing requirements or risk being delisted and removed from the Nasdaq exchange.
The Bottom Line
A company has four ways to get listed on the NASDAQ, depending on the underlying fundamentals of the company. If a company does not meet certain criteria, such as the operating income minimum, it has to make it up with larger minimum amounts in another area, like revenue. This helps to improve the quality of companies listed on the exchange.
After a company gets listed on the market, it must maintain certain standards to continue trading. Failure to meet the specifications set out by the stock exchange will result in its delisting. Falling below the minimum required share price, or market capitalization is one of the major factors triggering a delisting. The exact details of delisting depend on the exchange.
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#11 now
What does it take to be pink current and that stop sign removed ? They been filling quarterly reports now annual report
I think we can all agree it’s a typo and probably these guys are only releasing news via the financial reports
That could be because of the typo and people are posting like crazy. Anyone know how a stock gets on the break out board
665,578,306 67
as of date: December 31, 2020
USIP:
Par or stated value:
Total shares authorized:
Total shares outstanding:
Number of shares in the Public Float2: Total number of shareholders of record:
Exact title and class of securities outstanding: Par or stated value:
Total shares authorized:
Total shares outstanding:
Exact title and class of securities outstanding: Par or stated value:
Total shares authorized:
Total shares outstanding:
TGGI
Common Stock 89324A109 0.0001
12,000,000,000 as of date: December 31, 2020
8,665,578,306 665,578,306 67
as of date: December 31, 2020 as of date: December 31, 2020 as of date: December 31, 2020
Series AA Preferred stock
0.0001
1,500,000 as of date: December 31, 2020 200,000 as of date: December 31, 2020
Series B Preferred Stock
0.0001
1,500,000 as of date: December 31, 2020 20,000 as of date: December 31, 2020
That’s crazy if the float is actually that. That would make sense. I’ll be watching the bid price around 925 am to see what really is going to happen
Is the float the outstanding shares on the market ? If so is share price not directly related to the outstanding shares ???
So what is the float and how is it going to effect us
TGGI and nano wine
The role of nanotechnology in the future of wine research
Early research into ‘smart materials’ or magnetic nanoparticles to remove proteins and unwanted aromas has been promising – and researchers say the technology could potentially be used to remove other wine faults such as smoke or cork taint in the future.
Nanotechnology is the branch of technology that deals with dimensions and tolerances of less than 100 nanometres, especially the manipulation of individual atoms and molecules.
Last year, researchers at the University of Adelaide successfully used nanotechnology to develop a polymer to remove a methoxypyrazine, the compound known to produce the ‘green capsicum’ aroma, from Cabernet Sauvignon wine.
To do so, they attached magnetic nanoparticles to the polymers and used magnets to remove the polymers from the wine once the methoxypyrazines had been extracted.
Lead researcher, University of Adelaide Assoc Prof in Wine Science David Jeffery, said while polymers such as the ones his team made during that research project need fine tuning and further testing in the future, ‘especially in terms of their specificity and ease of removal from wine on a larger scale,’ they could conceivably be used for smoke or cork taint removal.
Prior to this, senior research scientist Dr Agnieszka Mierczynska-Vasilev and her team at the Australian Wine Research Institute (AWRI) had successfully developed a magnetic separation technology that allows a fast and efficient separation of haze proteins from wine.
The technology is based on the use of acrylic acid (AcrA) plasma polymer coated magnetic nanoparticles. The coated particles are placed in heat-unstable wine, where the proteins bind to the nanoparticles’ surfaces. The particles can then be removed from the wine using a magnet. Testing of the wine following the treatment found that the haze-forming proteins were removed, even from wines with very high protein content. Other components, such as wine phenolics, were unaffected.
‘The benefits of using plasma deposition for surface modification are that it is fast, can be done solvent free and at low temperature, requires no surface activation or pre-treatment and can be used to provide a wide range of surface functionalities,’ Dr Mierczynska-Vasilev said.
She said magnetic nanoparticle-based (MNP) medical treatment technologies are approved by Food and Drug Administration Agency and are considered safe.
She said in her research, the contact time of coated-MNPs with wine was very short (10 minutes) and the nanoparticles were totally removable at the end of the treatment from wine.
‘Metal analysis was conducted following the treatment to confirm that all nanoparticles were removed from treated wine.’
Did we all forget about the VIP club that’s part of the business.
What was the share price before the rs ? We are so low now how much rs can happen ? 1-22
It’s a $4 bid requirement but not sure for how long then I believe the stock has to be above $1 to continue on the nasdaq
Listen folks even if this hits $4 that does not mean your shares will be worth $4 a share. If they do a reverse split your shares are going to be a percentage of whatever the rs is. But it’s so low right now I think they would have to increase the share price to much higher then do a rs.
Like last year Aurora cannabis fell under $1 a share for 1 month straight and were at risk of getting delisted so they did a 1/12 reverse split. Which I’m reality Aurora today is 12.70 but in real investor terms your share today is worth $1.05
Not sure how it would here because at .0022 there isn’t much room for a reverse split right ??
Once this starts go get more fresh eyes and investor interest this will move quick
If these guys mean serious business they will figure it out. Could be a real life changer with this one. Tggi
Definitely that’s what’s going to happen.
March 2 2020 was the last time the annual report was filled
I hope at this time they will provide some concrete guidance on where this company is going , then you will see this take off like it should cheap shares will be gone very fast by investors at this price. This will move like tsnp
Is year end due out soon ?
Anyone here going to work for Sgmd ? Delivery driver ?
Great volume today I wonder if it was because of that article pr that came out this morning. Once this gets more awareness man this is going to jump like crazy.
What would be the easiest way to uplist to nasdaq? As far as increasing share bid ?
Booooommmm time $$$$
Trans Global Group, Inc. (OTCMKTS:TGGI) in Focus as Rumors Swirl About Potential Chinese Merger - Tech Stock Observer
Mar 18, 2021 (OTC PR WIRE via COMTEX) – Trans Global Group, Inc. (OTCMKTS:TGGI) shares have started to receive significant attention from market participants over the past three months. However, much of what has begun to define the story now relates to events exclusively covered in Chinese and to a Chinese audience, and therefore may not be clear to most US investors.
With that in mind, we lay out the relevant facts below that have recently been circulating about Trans Global Group in China so the reader may make an informed decision about the stock.
The Big Points
The rumors relate to the potential for Zuixiangui International Holdings Group to reverse merger into the TGGI shell
The company’s intent to gain access to US capital markets is highlighted by this article, which states that Zuixiangui has already started the listing process and is preparing to go public on the Nasdaq in the United States
We also found some sites suggesting that a person named Ren Feiyang is the Chairman of the Board of both Trans Global Group (see here) and Zuixiangui International Holdings Group (see here)
The Key Facts
Based on some due diligence, a gentleman named Ren Feiyang appears to be a key piece of the story. Ren would seem to be the Chairman of TGGI’s Board of Directors, according to several pieces recently appearing in the Chinese press.
Interestingly, he is also apparently the Chairman of Zuixiangui International Holdings Group, a specialty wine and spirits company based in China that has emerged as a potential leader in nanotechnology-based wine production.
Nanotechnology in the wine industry is starting to become a potentially significant trend. A simple Google search for “Nano Tech for Wine” will confirm this. A recent piece in Wine Australia provides an effective summary.
One prominent example of how this works is through the attachment of magnetic nano particles to a special polymer that can then be added to wine to bind with impurities before subsequently being extracted – along with the impurities – through the use of a simple external magnet, producing a superior wine.
It turns out Zuixiangui is an up-and-coming potential leader in this space in China.
The Plot Thickens
Recent news suggests Zuixiangui is in the process of reverse-merging into an OTC company to gain exposure to US investment markets.
While we haven’t found anything that directly says what the vehicle for this strategic move will be, one should reflect on the fact that the two companies appear to share the same Chairman of the Board.
It also turns out that leadership for Trans Global Group, Inc. (OTCMKTS:TGGI), according to coverage in the Chinese press, recently attended a restructuring and acquisition process through which Zuixiangui would become the over-arching holdings company containing Hong Kong Zhicheng Investment, a financial arm specializing in strategic acquisitions and M&A, and Fire Culture Communications, a marketing and communications arm.
Summarizing the Puzzle Pieces
We don’t know the story in absolute terms. But we do know that a leading name in nanotechnology-based wine and spirits production in China – Zuixiangui International Holdings Group – has reportedly been working on a merger process to back the company into a currently traded OTC ticker.
We also know that the individual who appears to be the Chairman of Zuixiangui also appears to be the Chairman of TGGI. Furthermore, we know that TGGI leadership appears to have been actively engaged in evaluating Zuixiangui, including its recent restructuring and acquisition activities.
At the same time, TGGI shares recently launched higher on a large uptick in volume, rallying as much as 4,900% in two months with no press releases, filings, or official communications from the company.
That represents an inordinate rush of interest over the past two months in the stock. Given that TGGI is, officially, an empty shell at this point with no operations of any kind, it’s hard to understand the action in the stock without assuming something important is going and that has shares reacting to rumors and leaks.
An empty shell transforming into an emerging hi-tech wine and spirits company with real operations in the massive Chinese marketplace, with attached subsidiaries in the communications and finance markets, would certainly seem to suffice as a plausible explanation.
However, seeming associations like this have occurred in the past and left speculators hanging in the wind. Hence, caveat emptor applies.
Wow almost half million shares traded in 1 hour. Wonder what is happening today ? Insiders buying in China. Wine coming to USA ? Big news coming ? Someone knows
$$tggi I hope we get solid news here shortly with a real sexy business plan and strategy vip club, wine , cannabis device etc
Grabbed 25 million shares at .0001 last year. This was my wild card stock now it’s about to pay off
I thought the breakout board was for stocks that were actually currently breaking out ?
TGGI now = merger with Chen Ren = wine = vip club = holding for news = $$$$$
Bang bang shots fired boom. Is this going up to a penny soon ?