TransGlobal Assets Inc (TMSH)

[lmcat]

The float increased by 8,301,000 shares in just 3 months. I wonder where all those new shares came from!

TMSH hired a law firm, Barkats Law Group, LLP, this time a law firm that specializes in corporate law. Now without any revenue, they had to figure out how to pay the New York lawyer.

So they sold 3M shares to a Cayman Island group, Fairhills Capital Offshore at .005! They can dump them into the market at any time? Now what would that dump do to the share price?

And to make things worse, if the price drops, TMSH has to cough up more shares! That Transfer Agent had better be fast!

In the event the Trading Price averages a more than ten percent (10%) decline for the time from the issuance of the shares from the Transfer Agent and the clearance of the shares by the undersigned’s broker (the “True-Up Price”), the Corporation shall issue to the Investor additional shares of Common Stock such that the Investor will have received the same number of Shares of Common Stock as if the True-Up Price had been the Market Price.


So TMSH got $15,000 and they need to pay the lawyer, the rent, the utilities, etc.