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Tuesday, March 06, 2018 9:50:05 AM
Thank you for your continued interest and support of Tiger Reef, Inc. (OTCQB: TGRR). In answer to your question, we will update our shareholders as soon as we can. We are still fighting with our debtholders for a resolution which will allow the company to move forward. At the moment all debtholders with the exception of one (Crown Partners) has agreed to cooperate and allow the company to receive fresh funding and resume operations.
We cannot give you any assurances that Crown Partners will ever get on board and allow the company to move forward. Until then we will not give false hope to our shareholders nor do make any announcement that could potentially result in an increase in share price and/or volume, since that would most likely increase Crown’s resolve to continue to hold out for a better deal.
Lastly, we have no idea what caused yesterday’s surge in trading.
If you have any further questions, please do not hesitate to contact us again.
Sincerely,
Investor Relations
Tiger Reef, Inc. (OTCQB: TGRR)
www.tigerreefinc.com
ir@tigerreefinc.com
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