Daily Pick: TGGI (OTCMKTS)

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Ticker: TGGI

Company: Trans Global Group Inc.

Most Recent PR: http://www.nasdaq.com/press-release/cannabis-consortium-to-complete-reverse-merger-with-bahamas-development-corporation-20171115-00393


 

Cannabis Consortium to Complete Reverse Merger with Bahamas Development Corporation

COCONUT CREEK, FL / ACCESSWIRE / November 15, 2017 / Trans Global Group, Inc. (OTC PINK:TGGI) subsidiary Cannabis Consortium, Inc. is reverse merging into Bahamas Development Corporation (OTC PINK:BDCI).

Summary of Current/Pending Accomplishments

 

Due Diligence

-Net Income $381,794.54 per 3rd Qtr Report (Confirmed)

-Already Eyeing Distribution Partners In Reno (In the works)

-Initial Funding for Cannabis Consortium to be in place in October 2017 with investors already lined up. (In The Works)

-TGGI owns 90% of Cannabis (Confirmed)

-TGGI will retain ownership of over 50% of Cannabis after Reg-A Filing (Confirmed – Pending Reg A)

-50% of Income of Cannabis goes to TGGI (Confirmed Upon Reg-A Completion)

-Massive Share Reduction On O/S. A/S. Float (Confirmed)

-2 BILLION Share Reduction of O/S/Float (In the works)

-TA Is Not Gagged (Confirmed)

-OTC Pink Current (Confirmed)

-No Debt of Any Kind (Confirmed)

-No Dilution (Confirmed)

-No Chance of R/S (Confirmed)

-Transparent CEO (Confirmed)

-4 Audited Revenue Streams Set Up (Confirmed upon Reg-A completion and distributions)

-Business in multiple states such as CO, FL, CA and DE (1/2 in the works 1/2 complete)

-CO Office Open in January 2018 (In the works)

-New FL Corporate OFfice Will Be Ready for Occupancy December 1st 2017 (In The Works)

-Licence deals (In the Works)

-Cocoa Industry (Confirmed)

-MJ Industry (Confirmed)

-MMJ industry for animals (In the Works)

 

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