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Relax. The float isn’t the only thing updated. There’s something else that wasn’t allowed to be mentioned. Wait for the update.
Glta
...but. There’s still an additional change besides the float confirmation. It’s looking like the O/S is changing as well perhaps. Will have to see.
Glta
I’d flip that statement in a few months. Could AA*BB be the next TGGI is more like it.
Glta
Break and hold. Need the penny to become a support level. Most stocks fail at that the first few times. With the proper news however....
Glta
Only rumor at this time. Someone called the TA and said an OTC update is coming today. Don’t know what it is yet.
Just going to have to wait and find out.
Glta
From the looks of it and reading the description it sounds like you can order their booze from the app.
Glta
Agreed
$TGGI
That’s a crude version of a readers digest but yes that is correct. Zuixiangui international holding is the umbrella for several other subsidiaries which include the maotai production and distribution facility as well as some business centers and marketing agency. They seem to be fully vertically integrated. They just need the TGGI shell so they can merge in and tap in to the American market liquidity. There’s a ton more. Stocktwits has excellent DD on this.
Glty
Ren Feiyang himself said he wants to bring maotai to the world. Maotai is a national beverage in China and its expensive. The market cap is ridiculous.
If you need to get caught up on the DD on how we got to this point I’d start with the stickies at the top of this page.
Glta
Same conversation I just had with someone else. This will put TSNP to shame.
Glta
Yup and one of my guys got the app downloaded and it works.
Do we need any more confirmation here? It’s all just a matter of tggi leadership getting their ducks in a row for uplisting.
Glta
It’s the maotai liquor which will propel this. Know nothing about Maotai liquor? YouTube it. Then you’ll understand how big this is.
Glta
Same here. Worked the 23% fib and got an extra 1.1m free shares. We’ll test that penny at least one or two more times before the break and run. Couple more opportunities to work the retrace for more shares.
Glta
Waiting to buy 5m@0.0072
That’s still the gambling site. It’s a parked ghost site for an abandoned server from the prior company. Had nothing to do with the current company.
Glta
All my saved tickers are RED except for TGGI!!
We are GREEN.
$TGGI
Come on penny break!
Huge gapper...love it.
I spy with my little eye...is that a gap? Why yes please!
$TGGI
They are form 15
In the greater scheme of things it means Ren Chen is doing exactly what he’s supposed to be doing to get this ticker uplisted to Nasdaq. That’s what that means.
I know a lot of people here have done no DD and just came in here on a whim. I urge those people to see the above sticky for DD. Get on stocktwits. Tons of added DD there. This is not just some stinky pinky you get to make a few bucks on. This is the ground floor to the rest of your life. All imo of course.
$TGGI
Stop sign is GONE!
$TGGI
No claytrader today? Awe :(
Didn’t see them. How big
Couple of groups sold off which stifled the run. Good trading day. See you tomorrow.
Glta
Bigger fish are cutting bait. Would have been nice to see the penny today. Don’t honk that’s gonna happen now.
Glta
There was no gap. Yesterday’s candle was within the shadows of the previous day’s candle. Thank god for that 0.0051 buy PM.
$TGGI
Taking a breather...consolidating some 70s before the next push.
BOOM TIME!!
Almost gone!!!
Continuously taking chunks out of those 70s. They’ll fall eventually
I haven’t seen this guy since 2010 in the old MDIN and TSNP days.
$TGGI
I’m thinIng high 70s, maybe low 80s. Need to make sure and consolidate every time we go up a level.
$TGGI
Your new support level will be the last resistance level at 0.005 but anywhere in the 5s should be a good entry point imo
$TGGI
This will need multiple attempts at current volume to take down that 70 wall.
$TGGI
Chomping away at those 64s. A little push and we’re in the 70s
$TGGI
Flippidy flop, you will get caught.
$TGGI
***TGGI DD article***
The article below has done a really good job at summarizing what is going on with this company. There are far more nuances discovered by individuals on the stocktwits platform which indicate that the company is merging Zuixiangui and its subsidiaries (4-5 smaller companies) in to the TGGI shell. This would give TGGI a large enough cap to meet the SEC requirement for uplisting to Nasdaq. In addition, Chen Ren has sought out the services of the Kline Law Group, a legal office specializing in international mergers and uplisting to Nasdaq. All the signs that Chen Ren is earnest about his desire to penetrate the American market is evident. Please do your own DD. This is not financial advice. I am not a financial expert. Thanks you and good luck with your investments.
HOME » BUSINESS
Trans Global Group, Inc. (OTCMKTS:TGGI) in Focus as Rumors Swirl About Potential Chinese Merger
Staff TechStockObserver POSTED ON MARCH 19, 2021 01
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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.
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Removal of a stop sign only requires an attorney letter. They just hired an attorney that specializes in uplisting to Nasdaq. Let’s have some patience.
$TGGI