CORAL SPRINGS, Fla.,
June 30, 2014 /PRNewswire/
-- Trans Global Group, Inc. (PINKSHEETS: TGGI) International
Green Building Group, Inc ("IGBG") a subsidiary of Trans Global
Group, Inc. started as a Licensed General Contractor in
Virginia in 2011 and its 2013
revenues exceeded $600,000. IGBG is
poised to grow revenues by increasing its bidding activity during
the second half of 2014 with the use of joint venture bidding.
To help expand operations, IGBG's CEO, Nathan Hall, recruited the August 2008 Inc. Magazine Award Winner Ronald
Skelly to be IGBG's Vice President. According to Inc. Magazine, Mr.
Skelley cofounded Home Solutions of Virginia in 2002 and by 2004 they generated
5.2 million dollars in revenue, then
from 2004 to 2007 increased revenues to 9.5
million dollars. This represents an 82% increase of
revenue.
IGBG through its President, Nathan
Hall, holds 10 different FEMA Certificates and has
established IGBG as a Service Disabled Veteran Owned Small Business
(SDVOSB) General Contractor which places the Company in a strong
position when it places bids on both State and Federal
contracts. IGBG through the construction division has carved
out a niche market in VA primarily focusing on Insurance jobs,
Roofs, and windows allowing the company generate income while
developing other facets of the company. IGBG has two other
divisions with very unique Green products. One of the products is a
proprietary formula used for oil remediation and/or clean-up for
shallow drilling wells and tankers and is one of only 54 approved
products listed on the Government EPA list.
IGBG is creating a network of Contractors around the country to
partner with using its SDVOSB status to bid on any and all Federal
jobs nationwide under a joint venture allowing IGBG to retain a
minimum of 51% of all contracts with no limitation on the type of
project it bids on.
TGGI's CEO, Christopher J Clarke and IGBG recently submitted a
bid on a federal project for disaster relief worth over 45 million
a year for 5 years. Although the Company did not receive an award
on the first round of solicitations, another round of solicitations
for bids on the disaster relief project are expected to be made
available this year where IGBG will submit 3 more bids for
different categories on the ACI solicitations.
In addition, the Company has identified a number of state and
federal opportunities and is actively seeking General Contractor
partners in several States to collaborate with and bid on the
projects as well as bid on other construction projects around the
country. Please go to http://www.igbgconstructiongroup.com/
and submit your information to be contacted to discuss joint
venture possibilities with your company.
IGBG will be announcing more information on its other divisions
and acquisitions it is working on in the coming days.
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.
For additional information about this release please
contact;
Christopher J Clarke
chris@transglobalgroupinc.com
954-509-3749
SOURCE Trans Global Group, Inc.