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Replies to post #107033 on FLEX NATION
BUYINS.NET, www.buyins.net, a leading provider of Regulation SHO compliance monitoring, short sale trading statistics and market integrity surveillance, has initiated coverage on TransGlobal Assets (OTC: TMSH) after releasing the latest short sale data through June 24, 2016. The total aggregate number of shares shorted since November 2009 is approximately 56.59 million shares. Approximately 29.08% of total trading volume is short selling. The SqueezeTrigger price for all TMSH shares shorted is $.0366. A short squeeze is expected to begin when shares of TMSH cross above the $.0366 SqueezeTrigger Price.
Click here to view Report: http://www.buyins.com/reports/tmsh6-25-16.pdf
Click here for SqueezeTrigger: http://www.buyins.com/images2/tmshstr6-25-16.jpg
Click here for Friction Factor: http://www.buyins.com/images2/tmshff6-25-16.jpg
Click here for detailed explanation: http://www.buyins.com/brochure.pdf
TRANSGLOBAL ASSETS, Inc (Formerly Timeshare Holdings, Inc) (Currently OTC Pink) (TMSH), is a global multi-sector holding company incorporated in Wyoming, USA, focused on acquiring undervalued assets in profitable industries including Renewable Energy, Hospitality, Senior Services, Commercial Real Estate and Manufacturing.
The Company’s stock began taking off about 4 months ago in late February due to a court document that was made public dated on 29 February 2016. A law suit was originally filed by Frederick Conte, the former CFO of Timeshare Holdings Inc. against the current CEO Douglas Johnson and Kent Strickler, one of the principal officers, for a “breach of contract” which originally occurred in 2010. Johnson and Strickler were sued for managements…”failure to uphold legal and operational responsibilities, including but not limited to its contractual obligations which were first breached in December 2010”.
The court document, which the shareholders noted, was a settlement of the lawsuit whereby “The Settlement Agreement, … contained the material terms of the agreement, including: 1) That Doug Johnson and Kent Strickler would surrender all their preferred and common shares to the Corporation treasury; 2) that Douglas Johnson would resign as director and officer, and appoint Conte as Director of the Corporation; 3) that Conte agreed that he would not seek the disgorgement of any shares from friends and family of Douglas Johnson and Kent Strickler, while there would be provided a list of shareholders of the Corporation from a day after July 31, 2013 chosen by Conte to identify such sharesheld by such persons;”.
Knowing that Frederick Conte would be the new Director has set the stock a Flame! The chart below shows how the stocks that were traded over the past 4 months increased in anticipation of Conte taking the company the back to it’s original track of acquire and merger. Negotiations have been ongoing and a new company coming will emerge when the Supreme Courts Rules in Mr. Conte’s favor.
See Mr. Conte’s track record as a Top Level Executive and Power Hitter!
*Senior Operations, Strategic Planning and Corporate Finance Executive
Project Management – SEC Reporting – Shareholder Relations
Loss Mitigation – P&L Management – Turnaround Management
Directed development of a $200 million vacation ownership project comprised of 660 guest units and $800 million in projected sales revenues.
Integrating assets and existing owner base (35,000 members) of the acquired $85 million Epic Corporation.
Managing the 9-figure annual operating budget and directing the efforts of an organization employing approximately 1,800 individuals.
6monthchartTMSH
Once the stocks started to move, however three days later, Defendants Johnson and Strickler changed their minds and refused to honor the original Agreement dated March 28th 2016.
Mr. Conte filed a “Motion to Enforce Settlement Agreement” and the stock continued it’s upward momentum and rose even higher. The Nevada Supreme Court is expected to issue it’s decision any day now and the Stock Holders are waiting in anticipation of their company returning to normal operations and even more financial gains.
Fred Conte wrote in a letter to the Shareholders: “This has been a long, arduous and expensive process. In the end, if, as expected, the settlement agreement is upheld and ratified, and a transfer of control takes place, then the new management team of TransGlobal Assets will be shifting its full attention to aligning with solid, well established companies that when moved under its umbrella can and will provide multi-million dollar revenue streams and thereby bring significant value that is long overdue for the Shareholders of TransGlobal Assets, Inc. Serious discussions have been underway for some time with potential quality partners that are seeking a publicly traded vehicle to enhance their operations. To provide a glimpse of the future direction of the Company, at this juncture I can share some of the industries in which prospective companies operate: Hospitality; Medical/Cannabis; Ancestral Research; Product Delivery/Distribution, amongst others. Of course, there are no guarantees that we will be successful in this effort, but we are very optimistic and we look forward to several new partners joining our Team in the near future.”
There may be no guarantees, but traders are more than optimistic. Take a look at the Detailed Opinion of BarChart.com on TMSH. They are a solid BUY! Recommendations are exceptionally high on this stock!
AI
