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Monday, April 21, 2014 2:42:29 AM
1. TGGI increased its A/S from 3.6B to 15.6B and announced possibly one or more acquisitions this Q in TGGI and its subsidiary Green Energy Savings.
2. BCAP owns $309k debt in TGGI per the recent filing (up from $300k).
3. TGGI and BCAP have a good relationship, unlike RIGH and BCAP (read between the lines on where RIGH will likely end up).
Summary:
Whereas on 03/28/2014 there wasn't scope to seek conversion of BCAP's debt in TGGI, as of 04/15/2014 (or whatever day the TGGI A/S was increased on) there is.
"...In March of 2014 the Company reinstated the Corporation in Nevada and changed the domicile to the State of Florida while also increasing the Authorized shares to 15,600,000,000. The share increase is needed to help the Company close on pending transactions for both the parent Company and its subsidiary.
In April, 2014 the Company hired the Law Firm of Adam S. Tracy, J.D. M.B.A. Attorney at Law to remove the DTC Chill from the TGGI stock...."
https://www.otciq.com/otciq/ajax/showFinancialReportById.pdf?id=118800
If there's an acquisition, BCAP will receive consulting fees, just like it did from CYBK. Maybe same ROM (~$330k / client), maybe larger since the CYBK relationship was terminated earlier than expected.
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