LOS ANGELES, February 12, 2014 /PRNewswire/ -- Transnational Automotive Group,
Inc. (OTCPK:TAMG), now known as Transnational Group, Inc., announced today
that, effective January 25, 2014, the company has
provided full disclosure information to OTC Markets Group, Inc. and has
received clearance to move the Company into the Current Information
Category ( OTC Pink). All
annual financial statements for the period ended February 28, 2012 and 2013,
and interim financial statements for the period ended November 30, 2013 have
been filed.
OTC Markets Group has developed a tier system which provides
investors with information that helps them identify reputable emerging
companies that provide adequate and full disclosure. ?Transnational Group, Inc.
is committed to providing full disclosure documentation required to
differentiate itself, while instilling confidence in our present and potential
investors,? said Dr.Philip Dutoit, Chief Executive Officer.
The Company has, effective January 31, 2014, changed its
corporate name to Transnational Group, Inc.
The Company will apply to FINRA to effect the change of name in the
marketplace.
About
Transnational Group, Inc.
Transnational
Automotive Group, Inc. is a development stage holding company, whose primary
business is focused on the exploitation of natural resources and acquiring and
developing transportation systems through partnerships and joint ventures, as
well as the development of formidable partnerships with sponsoring governments
and integrating management?s best practices and expertise into their
infrastructure.
Forward-Looking
Statements:
This press release includes
forward-looking statements concerning the future performance of our business,
its operations and its financial performance and condition, and also includes
selected operating results presented without the context of accompanying
financial results. These forward-looking statements include, among others,
statements with respect to our objectives and strategies to achieve those
objectives, as well as statements with respect to our beliefs, plans,
expectations, anticipations, estimates or intentions. These forward-looking
statements are based on our current expectations. We caution that all
forward-looking information is inherently uncertain and actual results may
differ materially from the assumptions, estimates or expectations reflected or
contained in the forward-looking information, and that actual future
performance will be affected by a number of factors, including economic
conditions, technological change, regulatory change and competitive factors,
many of which are beyond our control. Therefore, future events and results may
vary significantly from what we currently foresee. We are under no obligation
(and we expressly disclaim any such obligation) to update or alter the
forward-looking statements whether as a result of new information, future
events or otherwise.
Contact
:
Transnational
Group, Inc.
Martin Katz
Email Contact: info@transnationalgroup.net