Finally learning how this all works!1!!!1!!!
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I agree looks to be a Sweet deal all around!!
The merger structure looks good with no dilutive effect. I am so happy with the price action today. i have been here for months and am so happy to seea real merger here. most otc mergers are bogus dilutive money transfers. stock for debt trnsactions. this one has been solid. i will continue to invest!
exciting morning!!!
.002 is definately the bottom because it is what series d prefered shares are worth without voting rights
Davenport is in control with over 58% of voting rights
who is davenport?
can anyone help me understand what this means?
"The total of the Series C Preferred shares shall convert to common stock of the Company at a rate equal to the factor of the total issued and outstanding common stock at the time of conversion multiplied by 2.63. Conversion is automatic as of December 31, 2021, regardless of the acts of the holders"
Series A Preferred shares have no voting rights and carry conversion rights into common stock of the Company at a rate equal to factor of total issued and outstanding common stock a the time of conversion multiplied by 0.0152.
Thank You
Bidding more at 9!! Watch this close at 12!!!
This time my sell order will be bigger than .0016!!
You guys are too funny!! I'm back in at 9 and will triple my position if it gets too 7. Great day today time to load up for next week
Adding!! I officially own over 3 million
I'll try for 4 million in the next week or so. Thank you all
Sell me your shares than! I will happily buy under 2
Not me I love this shit!!! Soaking like a sponge.
Not me!!! Slowly stacking
2 million and counting if it keeps trading like this ill have 3 million by next week
Fingers crossed
Me too!!! I'm back up to almost 2
million shares. I'm buying more any chance I get.
Love the charts
Im in
I'm in!!! Ill be loading all day!!
Forward triangular mergers, like reverse triangular mergers, in which the buyer's subsidiary is merged into the target company, have the advantage of protecting the buyer from the target's liabilities. That's because whatever form a triangular merger takes, the target company ends up as a wholly owned subsidiary of the buyer, unlike direct mergers.
Or it could also be a forward triangular merger. Either way it is definitely a merger. No doubt
https://www.theventurealley.com/2011/11/selling-your-company-comparing-merger-structures/
Its called a reverse triangular merger!!!
Merger
Summary: A merger means that two companies are literally combined into a single company. In the most common type of merger (a “reverse triangular merger”), the buyer will create a new wholly-owned subsidiary company (often called a “merger sub”) that will merge directly into your company, with the merger sub disappearing as a distinct legal entity following the completion of the merger. The result will be that the buyer owns 100% of the merged company (the “surviving entity,” which from a legal entity standpoint is your original company) and the selling stockholders receive a deal payment.
Advantages: To complete a merger, you typically need less than all of the stockholders to provide consent (the actual requirements will depend on state laws and the contracts you have signed). If your company has many diverse, small or scattered stockholders, it might make sense to pursue a merger so as to make the sale of your company easier and more streamlined.
Disadvantages: When compared to a stock purchase (described below), a merger can be more complicated, as it often requires the creation of a merger sub and the filing of a merger certificate with state authorities. Assuming that the number of stockholders is small and those stockholders are readily available, a stock purchase may be an easier and more efficient process than a merger. Additionally, some types of mergers result in your company’s disappearance as a distinct legal entity, which can trigger certain provisions (such as anti-assignment provisions) in contracts your company may have entered into.
Im In!! Thank you will continue Adding 3's
Great buying oppertunity here!
holding nicely looking for some buying into the close
FERN POWER HOUR!!! always nice looking forward to another move like clockwork I got some powder ready
Im in too!! before the crowd bringing bid support for POWER HOUR
4 Mil left and we see 2,s today!!!!! lest get it!!!
18's are cheap!
NO DILUTION! cant wait for next week Im a buyer all week although people gonna regret not buying now when rocket fuel starts getting lit
LOVIN IT! JUST THE BEGINING Last chance at these levels
As of December 1, 2017 the shares outstanding remains at 935,350,559 shares with a tradeable float of
392,252,556 shares
O/S: 7,587,078,306 (reduced by a total of 600 million shares since 9/12/17)
O/S: 7,587,078,306 (reduced by a total of 600 million shares since 9/12/17)
300 million more reduced
Just received email from transfer agent
TRANS GLOBAL GROUP INC. NUMBER OF ACTIVE STOCKHOLDERS: TOTAL REGULAR SHARES: TOTAL RESTRICTED SHARES: TOTAL SHARES: 1042 10/06/2017 10/06/2017 68 7407078606 179999700 7587078306 C E R T I FIE D S I G NAT U R E B Y S T 0 C K T RAN S FER INC
no dilution only share REDUCTION going on here!
I'm loaded with 3's riding 2m free bought 3 more the last couple days!! no change in SS BID BUILDING HUGE!!! over 1/2 a Billion
NO DILUTION
TRANS GLOBAL GROUP INC.
NUMBER OF ACTIVE STOCKHOLDERS:
TOTAL REGULAR SHARES:
TOTAL RESTRICTED SHARES:
TOTAL SHARES:
1042 09/28/2017 09/28/2017
68
7707078606
179999700
7887078306
C E R T I FIE D B Y
S I G NAT U RES T 0 C K T RAN S FER INC
Very good news. New MM on the bid keep building that bid until there's no 3's left
NITE is weak.... When bid builds and volume comes in his "wall" will be annihilated in no time at all.... Not worried about NITE. Just a matter of time....
BID BUILDING!!!!
Absolutely correct. It's only a matter of time before the bid @3 starts building. Everytime I put a 3 order up it gets filled, I will have more funds available Monday hopefully . But
Today is the day that we start to get a nice base at 3....
Great finish!!!! See you all tomorrow when we test new highs!!!
LET'S GO!!! 30 M in 2 min we can do it!!
Take out those cheap4's