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Hoping for positive news in October.
$bomo holding a big chunk here until end of year 3 months let’s see some news and progress
What is a Reporting Company? Boom boom
A company that is required to file reports periodically with the Securities and Exchange Commission under section 12, 13 or 15(d) of the Securities Exchange Act of 1934 is called a Reporting Company. A Reporting Company can be a company which is listed on a Public Exchange or it can be a company which is not listed on an exchange but traded publicly. If a company's total asset amounts to more $10 million and it has a class of equity securities, that is held of record either by 2,000 or more persons or by 500 or more non-accredited investors then it is obligated to file a registration statement under Section 12 of the Securities Exchange Act of 1934. The companies with no effective registration statement for a public offering become a reporting company in this process.
Back To: BUSINESS TRANSACTIONS, ANTITRUST, & SECURITIES LAW
What are the Requirements for a Reporting Company?
The Reporting Companies need to file an annual report on Form 10-K and quarterly reports on Form 10-Q on an ongoing basis. The companies need to disclose certain important information about their business in these forms. The required information is almost the same as the information required in a registration statement for a public company. The CEO and CFO of the filing company must certify the financial and certain other information that is provided in the reports. If a company meets the criteria of being a "smaller reporting company" or an "emerging growth company", it may rely on scaled disclosure requirements for these reports. The companies are also required to file Current reports on Form 8-K to report certain specifies events. Generally, they are required to report the event within four business days following its occurrence. These events may include completion of an acquisition or disposition of assets, unregistered sales of equity securities, entry into and termination of a material definitive agreement and others. Along with these, there are certain other requirements like proxy report filing, and shareholder and affiliate reporting. A company is required to file reports with the SEC in the following circumstances:
A company has to register its securities with the SEC under section 12(b) in order to trade those securities on a US exchange. Usually, the companies also list their securities for trading on a national securities exchange such as the New York Stock Exchange or Nasdaq stock market while it goes public. A company needs to fulfill the reporting requirements for its registered securities.
Companies issuing equity or debt securities offered to the public but not listed on any US exchange need to file their reports under Section 15(d) of the Securities Exchange Act of 1934.
A company is required to fulfill the filing requirements when it reaches the size threshold.
The companies issuing securities are categorized into four groups:
Non-reporting issuers: The companies that are not required to file reports with the SEC are called non-reporting issuers or non-reporting company. Even if they decide to report voluntarily, they are considered as a non-reporting issuer. The US private companies, Non-US private companies, and foreign companies that are public in their own country but are not obligated to report under the Securities Exchange Act of 1934 fall under this category.
Unseasoned issuers: The companies that do to meet the eligibility criteria of filing Form S-3 for a primary offering of securities but are required to file the reports under the Security Exchange Act 1934 is called the Unseasoned issuers.
Seasoned issuers: A seasoned issuer is a company that meets the eligibility criteria to use Form S-3 for registering primary offerings on its behalf, on behalf of its majority-owned subsidiary or on behalf of its parent. Companies that issue asset-backed securities on Form S-3 are seasoned issuers.
Well-Known Seasoned Issuers: To be considered as a Well-Known Seasoned Issuer (WKSI) a company needs to meet all of the following criteria at some point during a period of 60 days preceding the date the company satisfies its obligation to update its shelf registration statement.
The company meets the eligibility criteria to use Form S-3 or Form F-3 to register its primary offerings.
The company is not an ineligible issuer.
As of a date within this 60-day period, it had a worldwide market float of its outstanding voting and non-voting common equity held by non-affiliates worth at least $700 million or it has issued at least $1 billion aggregated amount of non-convertible securities other than common equity in the last 3 years.
Reporting requirements are in place to ensure market transparency and investor protection. The investors and the market are informed on a regular basis so that the investors can make an informed decision. The reports filed with the Securities and Exchange Commission is publicly available on the SEC EDGAR website.
Russia war means markets drop
When is tggi uplisting
Time will tell but right no not even close
This stock is crazy
Is this the next tsnp or what ? Will see I hope so
Ygmz say no more
Any good news this will explode .10 plus
I’m making money. Why you here ?
When fillings drop this takes off huge. Easy
And you are ? And how you know ?
Did you see how $tsnp took off ??? That’s happening here folks $tggi
I mean what other company has a flag right. Huge
October willl be a epic month
Ok what’s the bad news ?
Can anyone tell me what’s this company about ? I have not done any research. Just heard they are doing some kind of reverse merger???
Tggi is 40 cents by Christmas
So much potential here
This is so ready to take off
This ain’t Dwyer’s tggi. This is tang ren and the boys. People that have taken companies to the nasdaq already. These guys ain’t rookies
TGGI is much bigger than you think. Much much bigger
5 c is easy. See you at 25 cents plus
Tggi is about to go big
Do you know how big the companies that own tggi are ? Lol this whole operation doesn’t deserve the otc. This is multiple dollars
When you see the billions in assets that is being merged into tggi. Than you will realize how big this is
Gonna fly with tggi what a October it’s going to be
OTC updated Chen and buddy listed as insiders 10 % or more of all shares owed that’s at Least 20% but probably much higher of outstanding shares gone.
The Company was formed as an investment company planning to acquire companies in Liquor Industry in China. The Company sole purpose at this time is to locate and consummate a merger or acquisition with a private entity. The Company currently intends to seek to acquire assets or shares of an entity actively engaged in business which generates revenues in exchange for its securities. The Company has no particular acquisitions in mind and has not currently entered into any negotiations regarding such an acquisition. The Companyâ??s officer and director has not engaged in any preliminary contact or discussions with any representative of any other company regarding the possibility of an acquisition or merger between the Company and such other company as of the date hereof.
TGGI to .50 with news easy
Tggi is pure gold this is huge
Tggi is the real deal going to dollars
I don’t receive private messages I don’t pay for Ihub. So I can’t read them
This is a must have stock. Gold
The Chinese are in full control here. You can’t and you won’t get cheaper shares. Sorry
TGGI you ain’t seen nothing. This is chump change
You guys still questioning tggi ? Wtf is wrong with you
Everyone wants that nano wine when shit crashes. We ok
$tggi you ain’t seen nothing yet. This is going places. This is huge
Massive volume this is getting hot real quick. Someone knows something Friday and Monday someone is buying a ton.