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Thursday, January 28, 2010 1:49:39 AM
Is this the terms of complete dumping of AMNE from TGGI coming soon? returned shares included?
Therefore AMNE will no longer need to supply TGGI with thier ecosf foam products, right? they have thier own ECOFL.
does that mean AMNE will be no more unless it merges with another company?
"Trans Global Group, Inc. Receives Approval to Acquire Ecosafe"
apparently this can or cannot happen at a moments notice?
The Agreement, which calls for respective Shareholder and Director approvals, would give TGGI complete control of Ecosafe Premium Foam®
Under the terms of the Agreement a third party Fairness Opinion is needed to place a fair market value on the Ecosafe division of AMNE. AMNE and TGGI will rescind their joint venture agreement and AMNE will return to TGGI the 50 million shares of TGGI it received in September
"TGGI will also assume certain liabilities of AMNE that are associated with Ecosafe. TGGI will work with AMNE in developing the "Infinite R" brand and bring the product to market in 2010"
So soon AMNE will be bought out and only TGGI exist?
what agreement was made with AMNE shareholders?
do they obtain TGGI common shares for free 1 for 1? what do you think if AMNE will be terminated. will eaxh shares cost? didnt any currentshareholder agree with the last acquire of AMNE by TGGI meeting?
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