Business
TGI Subsidiary Advent Galaxy/XR-Labs Reached Agreement to Develop Multiverse Based "E-commerce and Dealers Network Sales Center" for PENERRA Corp.
TGI Subsidiary Advent Galaxy/XR-Labs Reached Agreement to Develop Multiverse Based "E-commerce and Dealers Network Sales Center" for PENERRA Corp..
About this update from Tgi Solar Power Group, Inc.
[{"type":"text","content":"Press releaseMIAMI September 2, 2022 – TGI Solar Power Group, Inc., (OTCMarkets: TSPG) (“TGI”), is pleased to announce that Advent Galaxy Inc., a wholly owned subsidiary of TGI Solar Power Group Inc., has come to terms with PENERRA Corp to develop multiverse-based “E-commerce and Dealers Network Sales Center\". The Agreement is for three years of development, service and maintenance of Penerra Network, as well as parties agreed to award TGI an option to acquire of up to 15% PENERRA’s issued and outstanding shares for a period three years with expiration date of September 1, 2025. XR-LABS coupled with Advent Galaxy's \"3D Metaverse Platform Technology\" will bring a world class \"MetaVerse micromobility: electric bicycles and electric motorcycles, as well as elctric vehicles Shopping Experience\" to consumers. The \"EVTOmobility Mall\" will be part of ADVENT EXPO and will offer a one-of-a-kind 3D Metaverse Experiences with AI Avatars, E-commerce and NFT shopping capabilities. Furthermore, as part of ADVENT EXPO, the companies will explore live streaming of various sales and entertainment events that are currently unavailable in local marketplaces.\" Penerra Corp., www.penerra.com PENERRA Is the first brand in the US to secure allocation of the world’s most innovative wheel hub motors based in the USA. True Motor Technology gives the company tremendous competitive advantage not available from other brands such as:highest efficiency on the market based on power to size ratios, highest torque density ratios higher than any electromagnetic motor on the market with world’s first fully automatic torque sensing gear shifting. PENERRA offers Industry’s best warranty on all products with unlimited mileage (cars and motorcycles)Highest energy efficiency motor on the market up to 80%** less energy consumption for the same power motors and ability to carry heavier loads at full throttle.Penerra products require far less maintenance running at lower temperatures with lower voltage batteries and provide longer travel distances and ability to navigate the steepest inclines at full throttle without pedal assist or excessive battery use even at a standing start.About XR-LABS: Founded in Miami, FL XR-LABS is a co-created community of professionals and enthusiasts. Who are passionate about building and connec...