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Trans Global Group, Inc.: Trans Global Group Issues Corporate Update

^{Published on 2009-07-09 10:01:51, Last Modified on 2009-07-09 10:02:01 - Market Wire}
 

DALLAS, TX--(Marketwire - July 9, 2009) - Trans Global Group, Incorporated (PINKSHEETS: [ TGGI ]) is pleased to announce they are moving the direction of their focus for business towards stronger objectives. With uncertainty in the economy in the United States, and the world continuously moving faster towards a more global economic atmosphere, Trans Global Group, Inc. has decided to update their current business strategies to keep up with current economic trends. After much time, energy, and planning, Trans Global Group has decided to move forward with these key principles:

 -- The Company will focus on making acquisitions of companies in China that are profitable for at least two consecutive years and continue to show strength in their sector. -- The target companies will be involved in a business that is considered to be a necessity in which consumption will not weaken. Basic materials and agriculture will be where the major focus will occur. -- Business will be conducted on an international basis so that hardship from one economy will not have a total altering effect on the company as a whole. 

Trans Global Group has had several conversations with potential acquisition targets. However, the company has also been in discussions with a Merger and Acquisition firm to target companies that fit within its stated criteria.

"We are exited to move Trans Global Group, Inc. in a direction that gives our shareholders a more sound and profitable business model than it has currently experienced. We look forward to rapid progress and continuing to update the financial community in the near future," stated Duane Roberts, C.E.O. of Trans Global Group, Inc.

To View this release in video format: [ http://vodnewswire.com/vodnewswire/news/trans-global-20090709/ ]

Safe Harbor Statement: This release includes forward-looking statements intended to qualify for the safe harbor from liability established by the Private Securities Litigation Reform Act of 1995. These forward-looking statements generally can be identified by phrases such as BEHL or its management "believes," "expects," "anticipates," "foresees," "forecasts," "estimates" or other words or phrases of similar import. Similarly, statements herein that describe the Company's business strategy, outlook, objectives, plans, intentions or goals also are forward-looking statements. All such forward-looking statements are subject to certain risks and uncertainties that could cause actual results to differ materially from those in forward-looking statements.