Trans Global Group Inc (TGGI)

[Cappello]

Not only are they meeting requirements for a reverse merger into a Nasdaq company but a very interesting, imo, consideration is Chen Ren even choosing TGGI.

One of the criteria for a reverse merger is the company going in must purchase 50% of the shares in the acquiring company, now I’m not an expert on reverse mergers, but I believe this is the rule when the acquiring company is considered a shell.

Why is this huge? Because Ren could have if actually spending dollars purchased any shell with considerably less shares in the float, i.e. a company with several hundred or only a couple billion of shares and yet he choose TGGI, making us lotto winners… I digress…lol the significance is I believe in the September announcement when he received assets, I believe Chen Ren receive a great deal of shares, the majority of - not sure if this is the correct terminology- the majority of which are free trading and I believe most of those are in the DTC and thus the conclusion is Ren from the very start had billions he could retire and I believe he has purchased more on the open market and when he announces the buyback plan / retirement of shares, then imo TGGI will easily go well into paper, meeting listing requirements as needed.