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Saturday, 04/30/2011 4:18:07 PM

Saturday, April 30, 2011 4:18:07 PM

Post# of 18345
More news hit yesterday, April 29th, 2011...

http://www.prweb.com/releases/renewableenergy-biomass/transglobalAssets-Europe/prweb8357755.htm

This appears to be a follow up to the 3-24-11 PR:

http://www.prweb.com/releases/renewableenergy-biomass/transglobalAssets-Europe/prweb8357755.htm

This appears to be the updated part, i.e., LOI's from both companies to purchase one each of these units for $6M each:

"TransGlobal Assets, Inc., (OTCQB: TMSH) is pleased to announce that its JV partner, Helios Inc. of India, has received Letters of Intent from Solaris PLC of Bulgaria and Chemtech SRL of Romania, each agreeing to purchase a 1-MegawattPortable Biomass Waste System. The purchase price for each 1-MW System is $6,000,000 (USD), payable in two installments; one half upon placement of the order and one half upon delivery of the completed unit."

To be fair and balanced, if they pull this off, you folks may have something here. Now the wait to see what transpires. More importantly, the actual details as to how TMSH will profit. I know what's been said and written, but proof is in the details. For you the shareholder's sake, I hope this is the real deal.