Toga Ltd. (fka TOGL)

[Masada]

This is a New Dance; Same Ole Song

Yes, that is what happened. My 3100 shares did a forward split to over 150,000 shares. Liquidity, psychology, and low float may prove to be an interesting trip.

According to this recent filing, TOGL is 50% owner of this online mall.

http://tamall.online/mall/index.asp

Source:

https://www.otcmarkets.com/edgar/GetFilingHtml?FilingID=12275083

Also in that filing is this very interesting disclosure:

"In connection with the proposed acquisition of Toga Capital, the Company has decided to offer a private placement of shares of its common stock to Toga Capital’s agents, dealers, staff and management. The offer consists of the option to purchase, in the aggregate, up to 12 million shares of the Company’s common stock, which would represent twelve percent (12%) of the Company’s total authorized shares, at a price of USD$1.00 per share, at any time during the next three (3) years. Funds provided to the Company pursuant to this private placement will be used for the Company’s general operating expenses"


Now, why would anybody buy a 7-cent stock (post split) for $1.00? That would only make sense if the stock is over $1.00. I think I like the way that sounds on paper. I think I'll stick around longer.