{"id":2863,"date":"2013-10-17T15:15:01","date_gmt":"2013-10-17T15:15:01","guid":{"rendered":"\/?p=2863"},"modified":"2013-10-17T15:15:06","modified_gmt":"2013-10-17T15:15:06","slug":"trans-global-group-inc-otcmktstggi-devastating-as-expected","status":"publish","type":"post","link":"\/articles\/trans-global-group-inc-otcmktstggi-devastating-as-expected\/","title":{"rendered":"Trans Global Group, Inc. (OTCMKTS:TGGI): Devastating, as Expected"},"content":{"rendered":"<p> Trans Global Group, Inc. (OTCMKTS:<a href=\"http:\/\/www.thehotpennystocks.com\/Stock-Quotes\/?stock=TGGI\">TGGI<\/a>) is not deviating from expectations- from the very negative expectations we had about it. The ticker slid 14% and is back into triple-zero ground. <a href=\"http:\/\/www.thehotpennystocks.com\/Stock-Quotes\/?stock=TGGI\">TGGI<\/a> slid to $0.0006 already, as more than $301,000 worth of shares was shed. All of this happened without a promotion, a not unusual event for underpriced tickers. <img loading=\"lazy\" decoding=\"async\" style=\"float: right;\" src=\"http:\/\/www.hotstocked.com\/articles-img\/small\/TGGI1017.png\" border=\"0\" alt=\"TGGI1017.png\" title=\"TGGI1017.png\" width=\"400\" height=\"178\" \/> <\/p>\n<p>For <a href=\"http:\/\/www.thehotpennystocks.com\/Stock-Quotes\/?stock=TGGI\">TGGI<\/a>, the sooner the drama ends, the better, as hundreds of millions of shares were stirred up after years of barely a glimmer of activity and truly rock-bottom prices. If you still believe a rebounce is possible from $0.0006, think again- <a href=\"http:\/\/www.thehotpennystocks.com\/Stock-Quotes\/?stock=TGGI\">TGGI<\/a> has traded between $0.0001 and $0.0002 most of the time, swinging wildly up and down. <img loading=\"lazy\" decoding=\"async\" style=\"float: right;\" src=\"http:\/\/www.hotstocked.com\/articles-img\/small\/USEI1017.png\" border=\"0\" alt=\"USEI1017.png\" title=\"USEI1017.png\" width=\"350\" height=\"156\" \/><\/p>\n<p>We don&#8217;t even need to mention the fame of CEO Chris Clarke, involved in numerous other penny stock companies and receiving a court order for aggressive marketing practices. This is in case you don&#8217;t see enough reasons to stay away from <a href=\"http:\/\/www.thehotpennystocks.com\/Stock-Quotes\/?stock=TGGI\">TGGI<\/a>, as well as other similar rock-bottom penny stocks that crawl out of nowhere.<\/p>\n<p>And even a breakthrough to a higher range is no guarantee. Just look at the US Energy Initiatives, Corp. (OTCMKTS:<a href=\"http:\/\/www.thehotpennystocks.com\/Stock-Quotes\/?stock=USEI\">USEI<\/a>), which managed to hop over to two whole cents before losing 90% of its value.<\/p>\n<p>But if you are still in for double-zero drama, you may try out 3D Eye Solutions, Inc. (OTCMKTS:<a href=\"http:\/\/www.thehotpennystocks.com\/Stock-Quotes\/?stock=TDEY\">TDEY<\/a>), a producer of 3D picture and sound technologies. The ticker is having a nice and active run, growing six times since mid-September. But here as well it is easily seen that deep corrections happen fast and without warning.<\/p>\n<p>And on top of all the drama, <a href=\"http:\/\/www.thehotpennystocks.com\/Stock-Quotes\/?stock=TGGI\">TGGI<\/a> went out with a &#8220;corporate update&#8221; on October 16th, when the shares had already started their dramatic drop. The company is striving to become current with the OTC markets, as so far it offered only old filin<img loading=\"lazy\" decoding=\"async\" style=\"float: right;\" src=\"http:\/\/www.hotstocked.com\/articles-img\/small\/TDEY1017.png\" border=\"0\" alt=\"TDEY1017.png\" title=\"TDEY1017.png\" width=\"350\" height=\"156\" \/>gs and it is unknown if its activities yielded any results. This may also mean that <a href=\"http:\/\/www.thehotpennystocks.com\/Stock-Quotes\/?stock=TGGI\">TGGI<\/a> will be more active with press releases- perhaps managing to fuel another run upward. So far, <a href=\"http:\/\/www.thehotpennystocks.com\/Stock-Quotes\/?stock=TGGI\">TGGI<\/a> only revealed:<\/p>\n<ul>\n<li>$896 in checkings\/savings, comprising total current assets <\/li>\n<\/ul>\n<ul>\n<li>$50 thousand in current liabilities <\/li>\n<\/ul>\n<ul>\n<li>$47 thousand in quarterly revenues <\/li>\n<\/ul>\n<ul>\n<li>$8.9 thousand in quarterly net loss <\/li>\n<\/ul>\n<p>Now, we have to see if the subsidiary VersaGreen Energy will manage to take the ticker to a more respectable mode of trading. <a href=\"http:\/\/www.thehotpennystocks.com\/Stock-Quotes\/?stock=TDEY\">TDEY<\/a> announced there would be no reverse split in the shares, and it will try to deal with the high liabilities as well as possible.<\/p>\n<p>But until <a href=\"http:\/\/www.thehotpennystocks.com\/Stock-Quotes\/?stock=TDEY\">TDEY<\/a> morphs into a solid, fundamentally supported share, avoid putting in sums that you cannot afford to have wiped out completely within days.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Trans Global Group, Inc. (OTCMKTS:TGGI) is not deviating from expectations- from the very negative expectations we had about it. The ticker slid 14% and is back into triple-zero ground. TGGI slid to $0.0006 already,&#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":[685,1051,791],"class_list":["post-2863","post","type-post","status-publish","format-standard","hentry","category-news","tag-tdey","tag-tggi","tag-usei"],"_links":{"self":[{"href":"https:\/\/articles.thehotpennystocks.com\/articles\/wp-json\/wp\/v2\/posts\/2863","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=2863"}],"version-history":[{"count":0,"href":"https:\/\/articles.thehotpennystocks.com\/articles\/wp-json\/wp\/v2\/posts\/2863\/revisions"}],"wp:attachment":[{"href":"https:\/\/articles.thehotpennystocks.com\/articles\/wp-json\/wp\/v2\/media?parent=2863"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/articles.thehotpennystocks.com\/articles\/wp-json\/wp\/v2\/categories?post=2863"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/articles.thehotpennystocks.com\/articles\/wp-json\/wp\/v2\/tags?post=2863"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}