Trans Global Group Inc (TGGI)

[AUhills]

Honestly the only reason this went down was confusion of TGGI's relationship with Cannabis Consortium followed by panic from large sells. I believe sellers will realize their mistake and will be jumping over each other for shares tomorrow AM.

This is the part shareholders weren't expecting:

"TGGI and its shareholders will remain the majority shareholder within Cannabis.

When Cannabis begins trading as its own separate entity, a plan will be presented to TGGI shareholders allowing them to exchange a portion of their TGGI shares for Cannabis shares. This action is intended to expand the shareholder base of Cannabis and simultaneously both reduce TGGI's Outstanding shares, and TGGI's Float."

So this might have confused certain people but upon further review this seems to be a more than acceptable exchange for the reduction of an additional 3 billion+ shares from TGGI's float. TGGI still retains majority ownership on Cannabis Consortium, plus shareholders will have the option to exchange for shares of the new ticker but remember TGGI will be collecting the majority of the business's profits :)

$TGGI