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TGGI Completes Acquisition Agreement with Red Fox Bonding LLC

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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.