MOMO'S BREAKOUT BOARD

[Werbe]

$TGRR Low Float play. Was trading at .17 in February this year. Irma damaged key investment and they suffered. Have shifted all business towards its Premium Rum Line, which was created by a Master Cuban Rum Maker. New ventures and prs expected very soon. They also are working on 90-day moratorium on all conversions pursuant to its various outstanding convertible promissory notes

52 - Week Range
0.004 - 0.170
10/27/17 - 2/23/17


Current Share Structure:

OS: 27.6M
Restricted: 6M

Float: 21.7M

Tiger Reef® Ultra Premium Rums
Moving the company forward, Management has made the decision to focus the majority of their efforts on completing the branding design work and begin importing Tiger Reef® ultra premium rums into the US market.  Management anticipates making significant progress over the coming months with finalizing the branding design work and obtaining government regulatory approval to import, market and sell its line of Tiger Reef® ultra premium rums in the United States. 
Additional news on the importer of record, images of design and prototyping, and so forth will be released via formal press releases in the near future.

Simpson Bay Resort & Marina Mermaid Reef Ocean Grill & Lounge™
Tiger Reef was in the process of renovating a leased waterfront restaurant space in the Simpson Bay Resort & Marina in preparation of opening the first Mermaid Reef Ocean Grill & Lounge™ in time for the 2017 tourist season.  We were two weeks into renovating the restaurant space when Hurricane Irma struck.
Simpson Bay Resort & Marina and our restaurant location also suffered massive damage and flooding.  The following YouTube video shows the level of damage caused to this resort by Hurricane Irma: https://vimeo.com/235096890.
Management from both Tiger Reef and Simpson Bay Resorts & Marina have had multiple discussions since the storm regarding the future of the resort and restaurant.  It is estimated that the resort will be closed for a minimum of six months, probably longer, before it can resume accepting guests.
Based on this fact, as well as other uncertainties, Tiger Reef and Simpson Bay Resorts & Marina have mutually agreed to terminate the lease agreement for this restaurant space.  Tiger Reef will make a one-time write-off in the current fiscal quarter for its lost investment in this restaurant property.
As such, Tiger Reef is temporarily suspending all efforts related to the Mermaid Reef Ocean Grill & Lounge™ brand.  Tiger Reef will reevaluate its options for this brand in the coming months after the company recovers from the losses incurred as a result of this storm.