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Re: Cappello post# 109013

Saturday, 02/23/2019 2:19:29 PM

Saturday, February 23, 2019 2:19:29 PM

Post# of 143101
$TGGI is essentially a different company with the device inside of it. Everything needs to be refreshed including the website, Twitter feed, maybe a separate site for sales of the device(s) as opposed to http://transggi.com/ as an investor page, product flyers, marketing collateral, etc.

The old $TGGI -- prior to having the device -- wasn't set up for B2B or B2C sales. That's known that because of the length of time it took for them to find a pathway to revenues, and all the subsidiaries that were placed inside and then spun out.

The most stability $TGGI has had in the last 10 years is under Matt. He's the CEO who brought $TGGI to the point of having its own revenue streams.

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Trans Global Group, Inc. (the Company) was incorporated in Colorado in 1979 and later changed its domicile to Nevada in March of 1993. Until 1996, the Company was involved in the telecommunications business. At that time the Company ceased operations in telecommunications, but kept the Company active it was in the development stage.

In 2007, the Company changed management and acquired Ecosafe Insulation of Florida, LLC in October of 2009. Ecosafe had entered into an agreement to acquire Ecosafe Foam from American Green Group, Inc.

TGGI decided not to complete that acquisition and acquired two other entities All Weather Insulation, Inc. and Kazore Holdings, Inc. On November 3, 2010 the Company acquired majority control of Rollings.Com, Inc. a shell corporation with 45 shareholders, with the purpose of spinning off one of its subsidiaries. Rollings.Com became Cannabis Consortium and then Global Consortium.

On February 3, 2011 the Company entered into a rescission agreement with Kazore Holdings, Inc., effective as of December 31, 2010. On March 31, 2011 the Company entered into a rescission agreement with All Weather Insulation, Inc. On April 1, 2011 the Company purchased the assets and liabilities of FederaLED, LLC for a note in the amount of $50,000. FederaLED is no longer an active part of the Company, the domain names were sold off in 2014.

On January 10, 2012 the Company acquired VersaGreen Energy Corporation in a share exchange. The Company acquired 100% of the VersaGreen Energy stock from Christopher Clarke in exchange for 2,500,000 shares of TGGI Series AA Preferred stock, while simultaneously entering into a Stock Purchase Agreement with Mr. Caiazzo to purchase 2,500,000 shares of the Company’s Series AA Convertible Preferred for $200,000, which the Company issued Mr. Caiazzo as a Convertible Note.

During June 2014, the Company entered into two more Share Exchange Agreements one with International Green Building Group, Inc., which was rescinded as of December 31, 2014 and the other with Red Fox Bonding, LLC. The Company’s former CEO exchanged his Preferred shares for the 30% Interest the Company owned in Red Fox on August 26th, 2015 and resigned from the Company as its sole officer and director, while appointing James Irving as the new sole officer and director.

On October 5, 2016, the Company entered into a transaction whereby Baron Capital Enterprise, Inc. assumed control of the Company. On April 21, 2017 Baron assigned all of its interest in the Issuer to its former sole officer and director Matthew Dwyer. Mr. Dwyer now serves as the sole officer and director of the Issuer.

https://backend.otcmarkets.com/otcapi/company/financial-report/200344/content

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