Trans Global Group Inc (TGGI)

[JohnCM]

"The Company "BCAP" had several issues that derailed the stock buy-back from taking place using proceeds from its convertible debt. First, was a Caveat Emptor placed on one company and the second company has a "DTC Chill" on new deposits, which that company is working to get fixed. Baron has worked to get both companies restored back to Current Information so once a brokerage account is opened the Company can begin to convert its debt. The trading account is currently in the works as the Company was forced to open an account out of the Country because it was viewed as a competitor even though it is not. To date, Baron still owns all the debt in both companies and has yet to convert any of its debt."

Matt