Monday, January 23, 2012 2:11:51 PM
While the Company worked to get upgraded it learned of assets the previous management acquired that are no longer needed, such as a shell company. The Company is selling the shell to Baron Capital Enterprise, Inc which will reduce the liabilities of the Company by $100,000.
http://finance.yahoo.com/news/Trans-Global-Group-Upgraded-prnews-2988401707.html?x=0
If the TA is gagged you can bet it's not in the shareholders best interest.
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