Replies to post #125519 on Trans Global Group Inc (TGGI)

[IonStock]

I did look over the lengthy 10K and saw that more than 80% shares are owned by Insiders, and the float is locked. But the 10K was still vague about targeting any specific acquisition to do the merger with.

[Starlost]

DILUTION!!!

Management intends to raise additional funds by way of a public or private offering.

EMPTY SHELL

5) Issuer’s Business, Products and Services
A. Summarize the issuer’s business operations
No operations
B. Please list any subsidiaries, parents, or affiliated companies.
NONE
C. Describe the issuers’ principal products or services.
NONE


So, this is spiking on air. Nothing substantial at all. This is a house of cards ready to come crashing down. Yikes!!