STUART, Fla., Jan. 9, 2012 /PRNewswire/ -- Trans Global Group,
Inc. (PinkSheets: TGGI) is pleased to announce the Company will
execute documents today to acquire VersaGreen Energy.
Details surrounding the transaction will be released tomorrow
morning before the market opens.
TGGI will take the next few weeks to make sure once management
and control of the company changes it retains its Current Status
with Otcmarkets. The next acquisition is scheduled to be
completed before the end of January.
Please follow Otcmarkets for all updates on the Company as we
will issue news as the events unfold.
The foregoing press announcement contains forward-looking
statements that can be identified by such terminology such as
"believes," "expects," "potential," "plans," "suggests," "may,"
"should," "could," "intends," or similar expressions. Such
forward-looking statements involve known and unknown risks,
uncertainties and other factors that may cause the actual results
to be materially different from any future results, performance or
achievements expressed or implied by such statements. In
particular, management's expectations could be affected by, among
other things, uncertainties relating to our success in completing
acquisitions, financing our operations, entering into strategic
partnerships, engaging management and other matters disclosed by us
in our public filings from time to time. Forward-looking statements
speak only as to the date they are made. The Company does not
undertake to update forward-looking statements to reflect
circumstances or events that occur after the date the
forward-looking statements are made.
CONTACT:
Gene Caiazzo, President, at
386-314-0847
SOURCE Trans Global Group, Inc.