{"id":2811,"date":"2013-10-11T14:15:37","date_gmt":"2013-10-11T14:15:37","guid":{"rendered":"\/?p=2811"},"modified":"2013-10-11T14:15:53","modified_gmt":"2013-10-11T14:15:53","slug":"transglobal-group-inc-otcmktstggi-disaster-in-the-making","status":"publish","type":"post","link":"\/articles\/transglobal-group-inc-otcmktstggi-disaster-in-the-making\/","title":{"rendered":"TransGlobal Group, Inc. (OTCMKTS:TGGI): Disaster in the Making"},"content":{"rendered":"<p> We have not seen TransGlobal Group, Inc. (OTCMKTS:<a href=\"http:\/\/www.thehotpennystocks.com\/Stock-Quotes\/?stock=TGGI\">TGGI<\/a>) since 2010, when it was having one of the spikes not unusual for a triple-zero ticker. <a href=\"http:\/\/www.thehotpennystocks.com\/Stock-Quotes\/?stock=TGGI\">TGGI<\/a> is one of those comet-stocks that revisit once in a while, providing volatile movements for risk-takers. But now, <a href=\"http:\/\/www.thehotpennystocks.com\/Stock-Quotes\/?stock=TGGI\">TGGI<\/a> is acting unusual, making a bit of a trend, gaining 500% in a few days, though we have not registered a promotion. Given the past of the company, the good times may already be over- but even at $0.001, <a href=\"http:\/\/www.thehotpennystocks.com\/Stock-Quotes\/?stock=TGGI\">TGGI<\/a> is accessible enough and may show a bit more gains before crashing. <img loading=\"lazy\" decoding=\"async\" style=\"float: right;\" src=\"http:\/\/www.hotstocked.com\/articles-img\/small\/TGGI1011.png\" border=\"0\" alt=\"TGGI1011.png\" title=\"TGGI1011.png\" width=\"400\" height=\"178\" \/> <\/p>\n<p>The company has been mostly inactive with press releases, but after three years of underwhelming stock performances, <a href=\"http:\/\/www.thehotpennystocks.com\/Stock-Quotes\/?stock=TGGI\">TGGI<\/a> posted financial results, dated October 10th but covering the period of 2011. They show that the pink sheet has the backing of:<img loading=\"lazy\" decoding=\"async\" style=\"float: right;\" src=\"http:\/\/www.hotstocked.com\/articles-img\/small\/CYBK1011.png\" border=\"0\" alt=\"CYBK1011.png\" title=\"CYBK1011.png\" width=\"350\" height=\"156\" \/><\/p>\n<ul>\n<li>Zero cash<\/li>\n<\/ul>\n<ul>\n<li>$65,000 total assets<\/li>\n<\/ul>\n<ul>\n<li>$748,000 total liabilities<\/li>\n<\/ul>\n<ul>\n<li>Zero revenues<\/li>\n<\/ul>\n<p>It seems <a href=\"http:\/\/www.thehotpennystocks.com\/Stock-Quotes\/?stock=TGGI\">TGGI<\/a> is not really making anything in the renewable energy and solar power sector, except makingpromises. While <a href=\"http:\/\/www.thehotpennystocks.com\/Stock-Quotes\/?stock=TGGI\">TGGI<\/a> claims that its subsidiary is providing services in Florida, there is no way to know when this would reflect on the balance sheet. Meanwhile, <a href=\"http:\/\/www.thehotpennystocks.com\/Stock-Quotes\/?stock=TGGI\">TGGI<\/a> remains just a vehicle for said subsidiary, VersaGreen Energy Corporation, to be exposed to the penny stock markets.<\/p>\n<p>There is some talks that <a href=\"http:\/\/www.thehotpennystocks.com\/Stock-Quotes\/?stock=TGGI\">TGGI<\/a> finally had its moment and it could move into the range of a few pennies, but we have to wait and see, as <a href=\"http:\/\/www.thehotpennystocks.com\/Stock-Quotes\/?stock=TGGI\">TGGI<\/a> spent so much time in obscurity, activating for short periods, but not going anywhere.<\/p>\n<p><a href=\"http:\/\/www.thehotpennystocks.com\/Stock-Quotes\/?stock=TGGI\">TGGI<\/a> is compared to Cal-Bay Int&#8217;l, Inc. (OTCMKTS:<a href=\"http:\/\/www.thehotpennystocks.com\/Stock-Quotes\/?stock=CBYI\">CBYI<\/a>), another inactive triple-zero ticker that shot up to double-zeroes, but lost again 90% of the newfound value. But this scenario could be found with any suffucuently undervalued ticker, especially on<img loading=\"lazy\" decoding=\"async\" style=\"float: right;\" src=\"http:\/\/www.hotstocked.com\/articles-img\/small\/CBYI1011.png\" border=\"0\" alt=\"CBYI1011.png\" title=\"CBYI1011.png\" width=\"350\" height=\"156\" \/>e that suddenly receives all the attention.<\/p>\n<p>What differentiates <a href=\"http:\/\/www.thehotpennystocks.com\/Stock-Quotes\/?stock=TGGI\">TGGI<\/a> is its CEO, Chris Clarke, who also plays president for Versa Green, and is involved in The Media Hook, Inc., direct marketing company. As of 2012, this company was served a cease and desist notice for what was deemed pressure selling. Our past record shows Clarke is a busy person, at the helm of a total of 22 companies across the state of Florida. So <a href=\"http:\/\/www.thehotpennystocks.com\/Stock-Quotes\/?stock=TGGI\">TGGI<\/a> may just be a blip on its radar, gone before one can say &#8220;stock pump&#8221;.<\/p>\n<p>Cyber Kiosk Solutions, Inc. (OTCMKTS:CBYK) is another notable Clarke creation, creating chaos and mayhem, as it is easily seen from the graph.<\/p>\n<p>If you are impressed by the upward drive in <a href=\"http:\/\/www.thehotpennystocks.com\/Stock-Quotes\/?stock=TGGI\">TGGI<\/a>, keep in mind that this is a temporary affair, weighed down by a ton of red flags. We strongly advice avoiding this company, or others in similar position, to avoid being burned when the unsustainable trend deflates.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>We have not seen TransGlobal Group, Inc. (OTCMKTS:TGGI) since 2010, when it was having one of the spikes not unusual for a triple-zero ticker. TGGI is one of those comet-stocks that revisit once in&#46;&#46;&#46;<\/p>\n","protected":false},"author":4,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[986,203,1051],"class_list":["post-2811","post","type-post","status-publish","format-standard","hentry","category-news","tag-cbyi","tag-cybk","tag-tggi"],"_links":{"self":[{"href":"https:\/\/articles.thehotpennystocks.com\/articles\/wp-json\/wp\/v2\/posts\/2811","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/articles.thehotpennystocks.com\/articles\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/articles.thehotpennystocks.com\/articles\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/articles.thehotpennystocks.com\/articles\/wp-json\/wp\/v2\/users\/4"}],"replies":[{"embeddable":true,"href":"https:\/\/articles.thehotpennystocks.com\/articles\/wp-json\/wp\/v2\/comments?post=2811"}],"version-history":[{"count":0,"href":"https:\/\/articles.thehotpennystocks.com\/articles\/wp-json\/wp\/v2\/posts\/2811\/revisions"}],"wp:attachment":[{"href":"https:\/\/articles.thehotpennystocks.com\/articles\/wp-json\/wp\/v2\/media?parent=2811"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/articles.thehotpennystocks.com\/articles\/wp-json\/wp\/v2\/categories?post=2811"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/articles.thehotpennystocks.com\/articles\/wp-json\/wp\/v2\/tags?post=2811"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}