CORAL SPRINGS, Fla.,
Feb. 13, 2012 /PRNewswire/
-- Trans Global Group, Inc. (PinkSheets: TGGI) is pleased
to announce the Company has completed the transition of its new
CEO/President. Gene Caiazzo
has stepped down as director and President.
The direction and control of TGGI now rests with its new
CEO/President Chris Clarke. To
move the Company in its new direction, Chris has updated
PinkSheets.com with current information about the Company and
updated the Nevada Secretary of
State website to reflect the change in control of the Company.
Trans Global will look to concentrate efforts and assist its
subsidiary VersaGreen Energy Corporation in expanding its product
offerings in the USA and
abroad. VersaGreen Energy Corporation will set written
quarterly goals this week for all three business development
departments (residential, commercial, government). TGGI will
conduct review meetings on a monthly basis with VersaGreen's
business development departments to assist them in reaching the set
benchmarks.
Trans Global Group's new CEO Chris
Clarke states, "Expanding VersaGreen Energy's commercial and
government product offerings will give the company more options
here in the US and will establish a solid foundation to build from
when expanding internationally. There will be a strong push
for commercial and government contracts in Central and South America that will take this company to
the next level."
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:
Chris Clarke, CEO/President, at
954-509-3749 or email info@transglobalgroupinc.com
SOURCE Trans Global Group, Inc.