web analytics
14.6 C
Munich
Sunday, September 25, 2022

Trans Global Group Inc (OTCMKTS: TGGI) Coiled Tight Over a Penny for Breakout as RM Play Looks to Piggy Back to OTCQB

Trans Global Group Inc (OTCMKTS: TGGI) is holding strong above a penny not giving up much in recent weeks as the overall markets have seen significant declines.  There are a lot of things happening behind the scenes at TGGI and while the enormous investor base anxiously awaits an 8k announcing the Zuixiangui RM, TGGI may be granted OTCQB designation from OTCMarkets with TGGI returning to piggy back qualified status with the shell designation removed on OTCMarkets as soon as this week. As we have been reporting on TGGI, the stock has been getting noticed by investors ever since Chen Ren Feiyang became new majority owner of the Company. TGGI has gained legions of international followers and besides the lack of recent news the stock continues to average well over $250,000 in daily dollar volume. 

Reverse merger stocks can be more explosive than biotech’s when the incoming Company has real value but is still undiscovered to investors and we have covered many of them here on Microcapdialy including TSNP, HRBR and many others. TGGI has got a lot of support among investors who are looking for an eclipse of recent $0.028 highs and on to a whole new dimension. Interest on TGGI has picked up after Chinese Entrepeneur Chen Ren Feiyang took control of the Company. Mr. Chen Ren is the founder and owner of Zuixiangui, an important name in the Chinese wine Market producing over 4,000 tons (11M 1 Liter bottles) annually using patented methods of production on an operations site of more than 300 acres. Zuixiangui’s intent to gain access to US capital markets is highlighted in numerous articles, which states that Zuixiangui has already started the listing process and is preparing to go public on the Nasdaq stock exchange. Penny stock speculators are well aware that an 8k could drop on TGGI at any moment announcing the Zuixiangui reverse merger sending TGGI into a whole new stratosphere. 

Subscribe to Our 100% Free Penny Stock Newsletter. We Have Something Big Coming!

Trans Global Group Inc (OTCMKTS: TGGI) operating out of Guangdong Province, China and registered in Delaware is a holding company that plans to establish subsidiaries in Hong Kong, and/or the Cayman Islands. Such subsidiaries will then acquire assets or shares of an entity actively engaged in business which generates revenues in exchange for its securities. The Company’s major shareholders and headquarters are located in China and it plans to acquire operating assets and businesses in China. On April 29, 2021, ONE DAY after the HK requirements for filings Chen Ren Feiyang executed the Change of Control documents for $TGGI. In it, they stated CLEAR intentions to acquire liquor companies in China. Chen Ren is now the controlling shareholder of TGGI having purchased control for $150,000.  

history of TGGI: Trans Global Group, Inc. was originally incorporated in Colorado on April 2, 1979 as Teletek, Inc. On April 9, 1993, the Company effected a merger with a newly formed wholly-owned subsidiary for the primary purpose of changing its domicile to Delaware. On October 2007, the Company changed its name to Trans Global Group, Inc. The Company reincorporated to Florida from March 2014, through September 2017, and changed its name to Cannabis Consortium, Inc. in September 2017. On September 18, 2017, the Company filed with the State of Delaware to move the Company’s State of domicile from Florida to Delaware. On September 19, 2017, the Company filed conversion documents with the State of Florida moving its domicile to Delaware. In connection with the change in domicile, the Company changed its name from Cannabis Consortium, Inc. back to Trans Global Group, Inc. 

From inception through 1996, the Company was engaged in various facets of the telecommunications industry, including providing long-distance telecommunications services, consisting primarily of direct dial international long-distance telephone transmissions from the United States for commercial customers. In 1996, the Company ceased telecommunications operations. At one point in 2016 famed penny stock promoter/CEO Matthew Dwyer took control of the Company and changed the name to Cannabis Consortium, Inc. and created a line of edible sauces that can be infused with CBD and/or THC in three different original flavors. 

Unlike most penny stock reverse merger plays including some of the biggest RM plays in recent OTC history such as TSNP, TGGI is an SEC filer filing their 10k on March 29, 2022 and their 10Q on May 13 making them eligible for up-listing on the OTCQB market sponsored by OTC Markets. Management correctly believes that being a reporting company under the Securities Exchange Act will enhance efforts to acquire or merge with an operating business. In fact, a fully reporting OTCQB shell is worth almost double what a “pink sheet” shell is worth and a quick look at OTCMarkets shows that out of a total of 1, 275 OTCQB listed securities there are only 5 securities trading for less than a penny; the lowest priced OTCQB security is $0.0075 just under a penny and the higher priced is $112. 

Microcapdaily previously reported on TGGI stating at the time:  

Reverse Merger stocks (RM) are easily among the most exciting and explosive stocks in small caps rivaling only biotech’s in their ability to make historic gains and TGGI has been no exception so far. The ambitious new CEO and controlling shareholder of the Company Chen Ren is the founder and owner of Zuixiangui wines which produces over 4,000 tons (11M 1 Liter bottles) annually using patented methods of production on an operations site of more than 300 acres. It is expected that Zuixiangui wines will reverse merge into TGGI. Chen’s passion for wine matched his dreams of becoming a public company and he has made clear his intentions to one day list TGGI on the big boards.

  To Find out the inside Scoop on TGGI Subscribe to Microcapdaily.com Right Now by entering your Email in the box below

TGGI

Chen Ren Feiyang was a famous singer/entertainer in his earlier years. Amongst his many songs/albums, he made numerous songs about wine. He dreamed of making a specific wine and sharing it with the world. Chen’s passion for wine matched his dreams of becoming a NASDAQ company and he has made clear his intentions to one day list TGGI on the big boards. Mr. Ren is the founder and owner of Zuixiangui wines which produces over 4,000 tons (11M 1 Liter bottles) annually using patented methods of production on an operations site of more than 300 acres. It is expected that Zuixiangui wines will reverse merge into TGGI. Zuixiangui has also been making some big moves recently Shaanxi Seeds and Hunan Pharmaceuticals both established business in China. They also announced an incredibly strategic and exciting contract with Yijulian E-commerce Co. TGGI is authorized to issue 12,000,000,000 shares of common stock with a par value of $0.0001 per share. As of December 31, 2021, 8,665,578,306 shares were issued and outstanding.  

According to a number of recent twitter threads Chen Rens Zuixiangui and Red ant have merged together creating a new conglomerate that can be merged into TGGI. Red Ant APP is a social e-commerce platform for boutique members. Through the direct procurement strategy of the source factory of the world’s selected supply chain. Red ant has a triple A evaluation and is a top ten leading brands of Chinese e-com. Earlier this year Zuixiangui formed a “strategic cooperation” with Chengwei Technology, an enterprise “Born for the meta-verse” whose products are already being sold on the Red Ant App. 

Zuixiangui’s intent to gain access to US capital markets is highlighted in numerous articles, which state that Zuixiangui has already begun the process to up list and is looking to go public on the NASDAQ. Ren Chen is the Chairman of the Board of both Trans Global Group and Zuixiangui International Holdings Group and he is also the controlling shareholder of TGGI.   

Zuixiangui International Holdings Group, a specialty wine and spirits company based in China is making moves in nanotechnology-based wine production. Currently one of the key fields in which nanotechnology is applied is in viticulture and enology, where nanomaterials designed as antimicrobial agents are used. Among these [nano]materials, the use of silver nanoparticles appears to be very attractive/popular in microbial wine control. One example of how this works is through the attachment of magnetic nano particles to a special polymer that is then added to wine to bind with impurities before then being extracted, leaving the impurities behind and resulting in a cleaner, superior wine. 

https://twitter.com/John_W71/status/1531733044813512705

For More on TGGI Subscribe Right Now!

TGGI is holding strong above a penny not giving up much in recent weeks as the overall markets have seen significant declines.  There are a lot of things happening behind the scenes at TGGI and while the enormous investors base anxiously awaits an 8k announcing the Zuixiangui RM, TGGI may be granted OTCQB designation from OTCMarkets with TGGI returning to piggy back qualified status with the shell designation removed on OTCMarkets as soon as this week. Once OTCQB is achieved and the shell designation is gone, TGGI will be the most attractive RM candidate in penny stocks; even the biggest RM runners such as TSNP were pink sheets, and TGGI is virtually debt free to with just $82,404 in liabilities, $64,404 of which is owed to a director of the Company. We will be updating on TGGI when more details emerge so make sure you are subscribed to Microcapdaily so you know what’s going on with TGGI.

Subscribe to Our 100% Free Penny Stock Newsletter. We Have Something Big Coming!

Disclosure: we hold no position in TGGI either long or short and we have not been compensated for this article

More articles

1 COMMENT

LEAVE A REPLY

Please enter your comment!
Please enter your name here

Latest article

Sign up now for our 100% FREE Penny Stock Newsletter

Privacy Policy. we will never share your email with anyone.