Replies to post #77801 on Trans Global Group Inc (TGGI)

[Starlost]

This is actually a very blind analysis. What most here fail to understand is that this is really a glorified Reverse Split, so to speak. Those holding shares in TGGI will be offered "to exchange a portion of their TGGI shares for Cannabis shares". Which means, you will be holding a smaller portion of this Cannabis Consortium stock. Ok, great. So say you get 1 share of Cannabis Consortium stock for 100 you hold in TGGI, that's is basically a reverse split. And what happens to TGGI stock? It's entirely possible this will end up being a dead ticker. I'm sure you guys can figure it out. The OTC is rank with deceptive practices to fool the shareholders. Looks like a lot were fooled today.

A BRILLIANT ANALYSIS OF TODAY'S PR:
So, sure, you can trade a portion of yours shares to own shares in the new ticker, but you aren't LOSING shares in TGGI like if it were a reverse split. It's just shifting shares from here... to there... to reduce TGGI's share count (a good thing), while creating a ticker that better represents the company.

[dtdude]

That's extremely slimy. Only way to interpret it is negatively. People here were boasting share reduction lmaoooo, this is a total scam, get out while you can!

Thousands of MJ stocks out there, why in the world would anyone want to waste their money on this POS.

[janetcanada]

TGGI- Well explain and I agree with you!!!

Wishing you the very best

janet