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Sunday, September 25, 2022

Trans Global Group Inc (OTCMKTS: TGGI) Steady Rise as RM Runner Executes on Ambitious Plan to Form Big Board Listed Global Enterprise (More on OTCQB)

Trans Global Group Inc (OTCMKTS: TGGI) continues to move steadily northbound as one of the most followed reverse merger runners on the OTC makes a run for $0.0298; a break over and its blue skies ahead for TGGI. As we have reported in the past, TGGI is a fully reporting reverse merger play with global ambitions and a significant investor following. Mr. Chen Ren Feiyang currently owns the controlling block of TGGI and along with TGGI president, Mr. Tang Jiacheng the two have long been very public about their intentions for going to Nasdaq and forming a global enterprise.  The two continue to executive and the Company’s 10-12G filing was just accepted by the SEC meaning TGGI is close to becoming fully reporting OTCQB with the shell risk removed. 

Since TGGI tested $0.007 support levels at the beginning of August, the stock has been steadily rising northbound on strong volume of up to $1 million in daily trading volume. The stock trades as if the float is locked up and there is little available stock in the public domain. TGGI has a massive following of investors who note that Chen Ren Feiyang has kept his word and executed on every level as the Company moves foward with its ambitious vision to become a Nasdaq listed global conglomerate. In August ZXG Holdings Ltd, which owns 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 reversed merged into TGGI. 

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Trans Global Group Inc (OTCMKTS: TGGI) is a U.S. holding company incorporated in Delaware. The Company conducts business through PRC subsidiary Shenzhen Zui Xian Gui Brewery Technology Ltd. (“ZXGSZ”), which is a wine distribution and retail sales company based in Guangdong province, China. With the mission to let the world taste Chinese wine, and let the world fall in love with “ZuiXianGui”. Through the offline and online promotion, TGGI hopes to deepen the customers’ impression of the brand and promote sales in China and globally.

TGGI is a pink current clean shell virtually debt free and the perfect merger candidate. The Company was formed in the State of Delaware on December 31, 1993 as Teletek, Inc. On October, 2007, the Company changed its name to Trans Global Group, Inc., its current name. Since the recent change of control, the Company is now an investment company planning to acquire companies in the Liquor Industry in China. On April 29, 2021, ONE DAY after the HK requirements for filings (SURGICAL) Chen Ren 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. 

Chen Ren 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.  

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TGGI

Microcapdaily first reported on TGGI on December 1 2021 stating at the time:  Trans Global Group Inc (OTCMKTS: TGGI) is the latest Reverse Merger (RM) stock to make big moves in pennyland running from triple zeroes to highs near $0.03 in recent months as Chinese entrepreneur Chen Ren takes control of the Company. The stock has quickly gained the attention of investors and is currently among the top most traded stocks on the OTC regularly trading between $2 and $10 million in daily trading volume. 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.  

We also predicted TGGI would hold $0.007 support levels on June 24 in our article: “Trans Global Group, Inc. (OTC: TGGI) Under Heavy Accumulation on Reverse Merger with Global Ambitions” stating: “Trans Global Group, Inc. (OTC: TGGI) is drifting towards established support level of $0.007, a support level it has held a number of times before, it hit $0.007 in January and back in October it traded as low as $0.0065 but never closed under $0.007. TGGI is a fully reporting reverse merger play with global ambitions and a significant investor following. Mr. Chen Ren Feiyang currently owns the controlling block of TGGI and along with TGGI president, Mr. Tang Jiacheng the two have long been very public about their intentions for going to a national market and forming a global enterprise.  While it may seem like little is happening, there are things happening they put out the 10-12G/A on June 8.  

On August 8 TGGI announced the Company entered into a share exchange agreement with ZXG Holdings Ltd. and Southsea Global Ltd. on August 3, 2022. Pursuant to the Agreement, the Company acquired 100% of outstanding equity interests of ZXG Holdings Ltd, which holds famous Chinese favored liquor brand and liquor distribution and sales network assets in China. Pursuant to the Agreement, the Company issued 1,465,761,689 shares of common stock to Southsea Global, which was the sole shareholder of the Target. Upon completion of the acquisition on August 8, 2022, ZXG Holdings now becomes a wholly-owned subsidiary of TGGI. 

Mr. Chen Ren, President and Chairman of TGGI, commented: “We are delighted to complete the reorganization of the Company and successfully list our Chinese liquor business via this reverse merger in the U.S. market. Our brand ‘Zui Xian Gui’ is a well-reputed liquor brand with special quality and multi liquor culture. With expanded access to the capital market, we aim to create healthy and good wine belonging to China and the world, creating sustainable value for our consumers and shareholders.” 

 

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TGGI is the latest Reverse Merger (RM) stock to make big moves in pennyland rising steadily as it makes a break for $0.0298; a break over and its blue skies ahead and TGGI has plenty of room to grow from here. The stock trades as if the float is locked up and there is little available stock in the public domain. TGGI has a massive following of investors who note that Chen Ren Feiyang has kept his word and executed on every level as the Company moves forward with its ambitious vision to become a Nasdaq listed global conglomerate. A short-term catalyst is TGGI gong fully reporting OTCQB with the shell risk removed, a big step on its way to Nasdaq that will open up TGGI to a whole new level of investors. Once TGGI breaks over 52-week highs, with little available stock, big things could happen here. In the world of Reverse Merger stocks magic can happen as it did for HRBR which we reported on when HRBR was trading for pennies just like TGGI and now trades for $2.75 per share. We will be updating on TGGI when more details emerge so make sure you are subscribed to Microcapdaily.

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

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