Trans Global Group Inc (TGGI)

[87 LC2]

This from the 1/13/2023 10Q

NOTE 16 – SUBSEQUENT EVENTS
On October 5, 2022, the Board of Directors of the Company approved the Reverse Stock Split and the Authorized Shares, subject to Stockholder approval. The Majority Stockholders approved the Reverse Stock Split and the Authorized Shares by written consent in lieu of a meeting on October 6, 2022. Accordingly, your consent is not required and is not being solicited in connection with the approval of the Amendments. The Authorized Shares will become effective when we file the Certificate of Amendment with the Secretary of State of the State of Delaware after this Information Statement is effective.

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