TGGI Completes Acquisition Agreement with Red Fox Bonding LLC
November 19 2014 - 8:15AM
Access Wire
Coral Springs, FL / ACCESSWIRE / November 19, 2014
/ Trans Global Group, Inc. (PINKSHEETS: TGGI) completed an
acquisition agreement with Red Fox Bonding LLC(Red Fox) and
acquired thirty percent (30%) interest in Red Fox. Trans
Global Group has been communicating with Red Fox over the last few
months to help determine business strategy and opportunities for
growth.
TGGI is proud to announce that Red Fox Bonding is a registered
SDVOSB- Service Disabled Veteran Owned Small Business. This
designation gives Red Fox's clients tax savings on their insurance
needs and also gives Red Fox Bonding an advantage in obtaining
business from Federal Contracts. For more information on the SDVOSB
status, go to:
http://www.sba.gov/sdvosb &
http://veteransdirectory.com/sdvosb.html
Trans Global Group will release more news and revenue
projections for both subsidiaries, Red Fox Bonding and
International Green Building Group, Inc. in the coming
days. TGGI expects to upload its 3rd Quarter Report
to OTC at the end of the day.
About Red Fox Bonding LLC:
Red Fox Bonding, ( http://www.redfoxbonding.com/ ) is a full
service direct source for all surety bonding and insurance needs
that has 3 Divisions. Supported with direct
appointments at A+ Rated Insurance Groups allows quick and
serviceable times to be met for any of our clients with immediate
needs. The range of products can be outlined by the
following:
Division I: Surety Bonding
Division
Construction Bonds - Bid, Performance and
Payment and Supply Bonds for contractors with program capacity
needs from "First Bond" to $25 million.
Commercial Bonds
License and Permit Bonds
- Contractor License
- Highway and Street Permit
- Agent/Adjuster/Broker License
- Fuel Dealer
- Professional License
- Automobile Dealer
- Alcoholic Beverage Compliance Bonds
Probate Bonds
- Administrator
- Executor
- Guardian
- Trustee Bonds
Receiver or Trustee Bond in Bankruptcy
Public
Official
- Notary Public
- Sheriff
- Deputy Sheriff
- Constable
- Jailer
- County/City/School Treasurer Bonds
- Court Clerk
- Loan Closing Attorney
- FHA Schedule Bonds
Court Bonds
- Plaintiff Replevin
- Plaintiff Attachment
- Cost Bonds
Fidelity Bonds - ERISA (Pension Plans), Business
Services Bonds (Janitorial)
Financial Institution Bonds and D&O Coverage -
Commercial Banks and Savings Institutions, etc.
Division II: Commercial Lines of
Insurance
Red Fox has dedicated this division in helping our clients with
all of their commercial lines of insurance allowing the opportunity
of having everything under one plan consolidating plan into a one
payment option. Here are some of the many lines we carry:
Some insurance considerations for your business may be:
- Workers Comp
- General Liability
- Commercial Property
- Commercial Auto
- Business Owners Policy
- Employment Practices Liability Insurance
- Business Interruption
- Professional Liability and more…
Division III: DBA – Worldwide Aviation
Insurance
In this division, Worldwide Aviation Insurance
www.buyaviationinsurance.com meets and far exceeds our client's
need for their aviation businesses. Again with A+ Rated
Insurance Groups, we can provide excellent customer service and
satisfaction.
- Private Aircraft
- Helicopters
- FBO's
- Charter Operators
- Maintenance and Hanger Insurance
- Flight Schools
- Skydiving Centers, Private and Corporate Jet
- And Much More
About International Green Building Group, Inc.:
A Virginia Licensed General Contractor with 10 different FEMA
Certificates 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.
Please go to http://www.igbgconstructiongroup.com/ and submit
your information to be contacted to discuss joint venture
possibilities with your company.
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.
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