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Mechanical Engineer to draft drawings need for the patent
submission
- Law
firms selected to file patents and Trademarks
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Management teams being created for subsidiary companies
Coconut Creek, FL -- December 07, 2017 -- InvestorsHub NewsWire
--Trans Global Group, Inc. (OTCPK:
TGGI) subsidiary company Cannabis Consortium, Inc. continues to
make progress while waiting for the completion of its transaction
with Bahamas Development Corporation ("BDCI").
Cannabis Consortium in the meantime has a long list of
objectives to complete in order to begin taking orders for its
edible device. A mechanical engineer has been engaged to assist the
company in completing the mechanical drawings required for the
various patent applications to be filed. The patents Cannabis
Consortium is seeking piggyback off of an existing granted patent.
This approach reduces the time and risk for the patents to be
granted. The applications will highlight the many unique factors
between the various Cannabis devices and the existing patented
product, thereby establishing a clear case as to why our patents
should be granted.
A law firm has already been selected to file the patents for the
devices that Cannabis Consortium will sell. A second firm has also
been selected to file a series of Trademarks for the various
products. After the New Year a design team will be selected to
create the packaging for each of the products.
As Cannabis Consortium has begun to expand in areas the company
hadn't planned on entering so quickly additional personnel are
needed. Discussions have begun to expand the existing management
team to assist in the day to day operations of the company.
Cannabis has a conference call today to discuss business
opportunities with the holder of a grow license in FL. This could
be the first funding project for Cannabis Consortium and open the
door for more projects in Florida, as this market begins to
develop.
Separate management teams will be assembled for two subsidiaries
of TGGI, Cannabis Consortium and the other company which will house
all the licensed operations to be established in CO, CA, WA and
potentially FL and NV.
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:
Matt Dwyer
matt@transggi.com
954-905-9896