Trans Global Group Inc (TGGI)

[rwalto]

As far as the SEC/OTC is concerned, no merger has happened here. TGGI is just a public shell company that is under the control of Chen Ren.

Their last filings stated their business purpose is to ‘acquire companies in the liquor industry in China’ but you will not be able to find documented proof that it has happened (other than what has been posted in China)

That is what we are all waiting for here. An 8k disclosure form announcing the merger itself, which will then lead to further information about the merging operations and financials. However, I don’t believe even that 8k will make the company’s shell sign removed. I think it won’t be gone until they have actually closed the acquisition of a legitimate company with operations, then OTC will remove it.

It shouldn’t be seen as a bad thing, per say, because TGGI is a shell at this period in time. Nothing wrong in that.