WOW,WOW,WOW!!!
COMING OFF THE PINKS SHORTLY, READ THIS!!! 21 cents!!!
Today's TGHI Filings excerpt:
ITEM 2 MANAGEMENT DISCUSSION AND ANALYSIS RESULTS OF OPERATIONS FOR THE THREE MONTHS ENDED MARCH 31, 2000
The following discussion is intended to provide an analysis of the Company's financial condition and Plan of Operation and should be read in conjunction with the Company's financial statements and the notes thereto. The matters discussed in this section that are not historical or current facts deal with potential future circumstances and developments. Such forward-looking statements include, but are not limited to, the development plans for the technologies of the Company, tends in the results of the Company's development, anticipated development plans, operating expenses and the Company's anticipated capital requirements and capital resources. The Company's actual results could differ materially from results discussed in the forward-looking statements.
The Company has generated Gross Revenue of $34,162 from operations during the first three months ended March 31; 2000.The Company anticipates generating revenues from sales derived from the investment companies.
The following represents the companies and their respective activities:
Trans-Global Holdings owns (40%) of the issued and outstanding common stock of Thermal-Systems Worldwide, Inc. Thermal-Systems Worldwide,Inc., has recently approved the purchase of an 119,500 square feet manufacturing plant in Aurora, Illinois. The building will serve a corporate office and a manufacturing plant that will manufacture component parts to build affordable housing. The plant is
designed to produce 4,000 units per week at an average wholesale price of $40,000 per unit at capacity approximately $160,000,000 annually. All the homes built are HUD approved and in the Chicago area there is a need to build affordable housing and there is approximately 3 billion dollars set aside for this type of development.
There is also a plant to be built in Leesburg, Georgia, where the need for housing is as great in Georgia and in Chicago. The plant will be approximately 120,000 square feet and the production capability is will be the same as the Chicago plant.
Thermal-Systems Worldwide, Inc. has signed a contract and received $400,000,000 to build homes in Nigeria. In addition, there are contracts pending to build a total 10,000 homes in Puerto Rico, Dominica, and the Dominican Republic.
Trans-Global Holdings, Inc., owns (50%) of the issued and outstanding common stock of Business Computers. Business Computers,Inc, anticipates generating gross revenues of $6 to $7 million dollars for the year 2000. Presently the
company has booked a $1,000,000 dollar contract with the local school district. In addition, Business Computers, Inc. has secured several contract to deliver hardware and software to several auto dealers, this business can develop into a $10 million dollar business by itself.
Trans-Global Holdings, Inc., owns (50%) of the issued and outstanding common stock of Picture Perfect (Bcar LTD). Picture Perfect anticipates gross revenues of approximately $2,000,000 dollars for year 2000. The company designs and produces large format digital printing for banners, posters, trade show graphics, displays, and point of purchases, promotions, window signs and graphic
enlargements. Picture Perfect also provides digital printing for flyers, brochures and direct mail. These items can be printed on any of 50 materials, including paper, vinyl, tyvek and even silk. The Company's financial position, operating results and future investment opportunities appears to demonstrate great growth and even greater future profits. To the extent that the Company is successful in its financing activities, the Company intends to devote substantially all of its financial resources towards the continued development and marketing of its technology service to the computer, graphics and construction industries. Capital will also be used for corporate and administrative expenses and general working capital.
FORWARD-LOOKING STATEMENTS---------------------------
When included in this Quarterly Report on Form 10-QSB, thewords "expects," "intends," "anticipates," "plans," "projects," and "estimates," and analogous or similar expressions are intended to identify forward-looking statements. Such statements, which include statements contained in Item 2 hereof, are inherently subject to a variety of risks and uncertainties the could cause actual results to differ materially from those reflected in such forward-looking statements.These forward-looking statements speak only as of the date of this Quarterly
Report on Form 10QSB. The Company expressly disclaims any obligation or undertaking to release publicly any updates or revisions to any forward-looking statement contained herein to reflect any change in the Company's expectations with regard thereto or any change in events, conditions or circumstances on which any such statement is based. |
