Ewing, NJ, June 12, 2018 --(PR.com
)-- TGI Solar Power Inc. (OTC Markets: TSPG) (“TGI”), a diversified technology company, today announced that it has retained Big Ben Ventures as its financial advisor and investment banker to provide general financial advisory and investment banking services for its expansion plans in Europe.
TGI’s initial plan of Electric Vehicles assembly plant will require financing Euro15-20mm combination of debt and equity. Financing is going to be done thru wholly owned European subsidiary, proposed name is TGI AUTO GROUP AB. Big Ben proposal calls for pre-IPO placement of €2.5MM ($2.9MM) and follow up financing in-order to prepare for becoming a publicly traded entity on the Nordic Growth Market NGM AB, MIC Code XNGM (NGM), a regulated Swedish Stock Exchange in Stockholm and subsidiary to Boerse Stuttgart (SWB) in Germany.
Recently Ben RG Hedenberg, LL.M. Joined TGI’s Advisory Board stated, “The success of TGI Auto of Europe will be built on a robust foundation of business planning and improved capitalization. The growth of TGI in Europe, will be determined by our ability to communicate to investors and potential investors, particularly those who have an interest in new green technologies. We are very pleased for TGI extending Big Ben Venture Partners, our affiliates, partners and subcontractors this opportunity to work with your Company. Big Ben has the experience and contacts to ensure that TGI Auto Group properly represented in Europe. Together with TGI we plan on doing great things now, and in the years to come, and we are confident that we will help to lay the foundations and provide guidance to a listing on a major European stock exchange in the coming years.”
Ben RG Hedenberg, LL.M. is the founder of Big Ben Venture and possesses a unique mix of legal, financial, operational and technical knowledge, which complements and extends Big Ben's entrepreneurial and financial expertise. He has extensive experience in new business start-ups and development. Proven entrepreneurial skills in introducing cutting edge technologies, including strategic planning, market analysis and fundraising.
Before funding Big Ben he spent four years in the 1980s as CEO and President for CD Plant AB (Sweden). Led the process from planning to commercialization of the largest production unit for Optical Disc’s in Northern Europe; at the time a leading edge technology. He was the founder of the art music record company The Big Ben Phonogram Company Ltd. (U.K.). Successfully released records on the global market, including artists as Sir Yehudi Menuhin and Christoph Eschenbach. In the 1990s, Ben spent four years as Executive Director, Bready International B.V. Responsible for strategic planning and fundraising for a new and unique system utilizing a hardware and software combined in an innovative system. For the past eight years Ben has been committed to innovation projects within information technology, clean technology, digital communications, intermodal transportation, combined food science and appliance projects, Internet sales and marketing projects, as well as to restructure business entities and to develop business plans, strategies and carry out mergers.
He holds a Masters of Laws Degree (LL.M.) from the Lund University in Sweden, and has written a Graduate Thesis on the subject "The Inventive Step" (with distinction).
Member of the Swedish-American Chambers of Commerce.
About evTransportation Services, Inc., evTS’ mission is to become the premier company in the fleet management solutions business through the design and development of energy efficient all-electric utility vehicles for the “Essential Services” transportation market, providing tightly integrated vehicle connectivity.
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About TGI Solar: TGI Solar Power Inc. is a diversified holding company.
TGI's strategy is to acquire innovative and patented technologies, components, processes, designs and methods with commercial value that will give competitive market advantage and generate shareholder value.
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Those statements contained herein which are not historical are forward-looking statements, and as such, are subject to risks and uncertainties that could cause actual operating results to materially differ from those contained in the forward-looking statements. Such statements include, but are not limited to, certain delays that are beyond the company's control, with respect to market acceptance of new technologies, or product delays in the testing and evaluation of products, and other risks, as detailed in the company's periodic filings with the Securities and Exchange Commission.