AskMuncher
3 years ago
$TGRP TRON Group Announces Partnership with Legend 3D for Visual Effects Services and Education
Press Release | 08/17/2021
LOS ANGELES, CA / ACCESSWIRE / August 17, 2021 / TRON Group Inc., a U.S. public holding company (OTC PINK:TGRP) announced today that, through its subsidiary Impression VFX Inc., has partnered with Legend 3D, Inc. to provide joint services to clients in visual effects and educational training.
Jacob Nguyen, President and CEO of TRON Group, said, "We are excited to partner with Legend, one of Hollywood's premier post-production studios. Legend is a full-featured creative studio, offering visual effects and stereo conversion to major Hollywood studios."
He continued, "Legend's role in the production of some of Hollywood's most popular and profitable films has made them an industry leader for over twenty years. Their work on films such as Marvel's Black Widow, Avengers: Endgame, and Black Panther, Paramount's Gemini Man, and Warner Brothers' Detective Pikachu, has brought Legend to the forefront of visual effects. Impression is committed to growing the talent pool of visual effects artists with Legend."
Steve Griffith, CEO of Legend, added, "Legend is partnering with Impression to further develop the visual effects community through education, and to collaborate on projects that benefit under-served individuals and communities. This partnership will help Legend diversify our business and provide new opportunities."
About TRON Group Inc.
TRON Group Inc. is a holding company acquiring operating companies and assets in growing industries. The company's intent is to grow them by providing management and technical support under its public company umbrella.
About Legend 3D
Legend is a U.S.-based independent stereoscopic and visual effects company based in Los Angeles, CA. Founded in 2001, the company produces visual effects and 3D conversion for motion picture studios.
For further information:
TRON Group website: www.tron-group.com
Legend 3D website: www.legend3d.com
Contact: info@tron-group.com
Phone: (310) 450-9100
Jacob Nguyen, CEO
Forward-Looking Statements:
Legal Notice Regarding Forward-Looking Statements in this news release that are not historical facts are forward-looking statements that are subject to risks and uncertainties. Forward-looking statements are based on current facts and analyses and other information that are based on forecasts of future results, estimates of amounts not yet determined, and assumptions of management. Forward looking statements are generally, but not always, identified by the words "expects", "plans", "anticipates", "believes", "intends", "estimates", "projects", "aims", "potential", "goal", "objective", "prospective", and similar expressions or t hat events or conditions "will", "would", "may", "can", "could" or "should" occur. Actual results may differ materially from t hose currently anticipated due to a number of factors beyond the reasonable control of the Company. It is important to note that actual outcomes and the Company's actual results could differ materially from those in such forward-looking statements. Factors that could cause actual results to differ materially include misinterpretation of data, t he Company's ability to raise financing for operations, breach by parties with whom we have contracted, and the possible inability to maintain qualified employees or consultants.
SOURCE: TRON Group Inc.
View source version on accesswire.com:
https://www.accesswire.com/660076/TRON-Group-Announces-Partnership-with-Legend-3D-for-Visual-Effects-Services-and-Education
AskMuncher
3 years ago
$TGRP TRON Group Inc. Acquires American Crypto Systems, Inc in Expansion into U.S. Crypto Markets
Press Release | 07/06/2021
EAGLE, ID / ACCESSWIRE / July 6, 2021 / TRON Group, Inc. (OTC PINK:TGRP), a global holding company specializing in technology investments, announced today the acquisition of American Crypto Systems, Inc., a profitable cryptocurrency mining operation based in the Boise valley, Idaho. TRON has the immediate intention of preparing upgrades to the facility in order to increase capacity for the operation. In addition to cryptocurrency mining, American Crypto Mining's data scientists also develop core technologies in the fields of:
block chain data mining,
distributed computing,
distributed database management, and the
detection of mining pool management failure
This internal research has proved successful through software developments in data acquisition, data mining, encrypted data bookkeeping, and encrypted data acquisition. It is the anticipation of TRON Group management that continued research will open new revenue markets for the Company in fields such as:
More efficient and profitable hosting services for other crypto-mining companies,
Offering encrypted digital safe boxes for digital wallets, and
Digital bookkeeping services and the licensing thereof for the mining of virtual currencies
American Crypto Mining is located in Idaho, in the northwest of the United States bordering Canada. With its suitable climate condition, abundant and relatively inexpensive electrical power resources, open market economic system, and tax advantages, TRON Group made the decision that the region was a suitable location for running a data mining company. The Idaho facility has 6,000 square feet of warehouse space; American Crypto Mining currently runs 200 machines and seeks to quickly move to maximize current capacity of up to 500 mining rigs.
About TRON Group Inc.
TRON Group Inc. is a holding company acquiring operating companies and assets in growing industries. The company's intent is to grow them by providing management and technical support under its public company umbrella.
For further information:
Contact: info@tron-group.com
Phone: (310) 450-9100
Jacob Nguyen, CEO
Forward-Looking Statements:
Legal Notice Regarding Forward-Looking Statements in this news release that are not historical facts are forward-looking statements that are subject to risks and uncertainties. Forward-looking statements are based on current facts and analyses and other information that are based on forecasts of future results, estimates of amounts not yet determined, and assumptions of management. Forward looking statements are generally, but not always, identified by the words "expects", "plans", "anticipates", "believes", "intends", "estimates", "projects", "aims", "potential", "goal", "objective", "prospective", and similar expressions or that events or conditions "will", "would", "may", "can", "could" or "should" occur. Actual results may differ materially from those currently anticipated due to a number of factors beyond the reasonable control of the Company. It is important to note that actual outcomes and the Company's actual results could differ materially from those in such forward-looking statements. Factors that could cause actual results to differ materially include misinterpretation of data, the Company's ability to raise financing for operations, breach by parties with whom we have contracted, and the possible inability to maintain qualified employees or consultants.
SOURCE: TRON Group, Inc.
View source version on accesswire.com:
https://www.accesswire.com/654334/TRON-Group-Inc-Acquires-American-Crypto-Systems-Inc-in-Expansion-into-US-Crypto-Markets
Big Brother
3 years ago
Noticed someone has been picking up a few shares of this, here and there, throughout November, wonder if a custodian may be going after this...??
Lazar did take over their sister company EAIN, and TRON was also a Malaysian MVNO that met the same fate as Enabling Asia Inc(Buzzme) and Eric Yap did not contest EAIN.
I don't really see why any else would be buying, very high pps for the share structure, and a defunct company.
https://www.soyacincau.com/2018/12/24/buzzme-tron-mvno-termination/
Big Brother
6 years ago
Another article that mentions Tron from last week, they are now up to 500K subscribers, 10% of the Malaysian MVNO market, but it's all irrelevant if they do not complete the merger here.
After a year now, one has to wonder when/if it's ever really going to happen. They are still filing with the SEC, but that's about the only good thing to say about this, at this point. It's probably one of the most illiquid stocks on the OTC, there are old, dark, defunct Chinese companies that have not filed in 20 years that get more volume then this.
http://www.businesstimes.com.sg/hub/asia-corporate-excellence-sustainability-awards-2017/businesses-with-a-heart
Talk Focus Sdn Bhd
Officially launched as a commercial service in October 2011 in Malaysia, Talk Focus Sdn Bhd, also known as Tron, is a telecommunications group and Mobile Virtual Network Operator (MVNO) that offers revolutionary borderless voice, data and other value-added services.
In Malaysia, Tron received its full-fledged Network Service Provider (NSP) licence from the Malaysian Communications and Multimedia Commission (MCMC) in 2011 and currently enjoys a customer base of 500,000 subscribers, representing 10 per cent of the MVNO market share.
To ensure long-term success, Tron has to be flexible. To accomplish this, the company has a two-pronged strategy - developing good customer relationships (B2C) and developing good business partner collaborations (B2B).
Another one of Tron's target achievements is to venture its business into a new technology sector - Internet of Things (IoT).
Tron's GPS Tracker Kids Phone is the first project.
Tron believes in undertaking Corporate Social Responsibility projects as it believes that it is its duty to serve and care for the community and the environment.
Its first CSR project kicked off in early 2016 when it sponsored Chinese New Year red packets and donated food to old folks' homes and orphanages.
Its most recent project involves sponsoring CCTVs for selected schools in conjunction with the Crime Awareness and Prevention Board of Malaysia.
Some CSR milestones achieved by Tron include receiving the Malaysia CSR 2016 Award in the ICT category, and receiving the award for Pioneering Corporate Social Responsibility Initiatives (SME category) at the CSR Malaysia Awards 2017.
Big Brother
7 years ago
That's the thing, they haven't actually merged Tron, the private telecom company, into TGRP yet, they only took over control/ownership of the shell and changed the name, symbol and description on OTCM. It's still technically a shell company, so we don't actually know the true financials of Tron(private) yet, what is seen in the SEC filings is only the shell company fins, with no assets.
We know about the private placement based on an article in a Malaysian newspaper, there has been no SEC filing yet though because, despite what Yap told the press no reverse merger has actually taken place, only a change of control.
https://www.nst.com.my/business/2017/05/235746/tron-group-raise-rm20m-expansion-iot-sector
If there had been a RM this would no longer be classified as a 'shell' company, and we would have gotten a Super 8K filing with Trons PCAOB audited financials, this has not happened yet. I don't think these guys have much clue of what they are doing because it quite unusual for this to be taking so long.
Big Brother
7 years ago
Well, this one's a little more my style because 9 or 10 shareholders hold probably 99% of the o/s, there are only about 25 thousand shares that were released to the public thus far. So there is the potential for a major move with virtually no overhang, if Yap ever brings in the buyers.
Plus, supposedly Tron is profitable as well, and has over 400K subscribers. They also just did a $5M dollar private placement, so Tron should have plenty of cash on hand.
Tron is more than likely a major shareholder in BuzzMe since they originally bought out IEC3G, which then later became BuzzMe, or they may have sold off IEC3G to Enabling Asia, hard to say.
All 3 companies are very closely interconnected, and Yap is at the forefront, and I'm not impressed at all with what Yap has done thus far, so I doubt I'll be buying anything else he's involved in.
Big Brother
7 years ago
Nice, things seem to be moving pretty rapidly there, unlike here, where everything moves at a snails pace.
Six months and there has been virtually no trades, no news, no communications, they don't respond to shareholder inquiries, hell TGRP hasn't even exited shell status yet.
I can only hope there is a method to Eric Yaps madness, perhaps he is waiting to do a simultaneous launch of Tron(TGRP) and Enabling Asia(BDGN) to Malaysian investors....I have no clue.
Big Brother
7 years ago
Yep, the fact that Eric Yap is the Chairman of Enabling Asia(BuzzMe) and CEO of Tron, two separate MVNO's, utilizing two different networks, and competing for the same subscribers, tells you something right there. Obviously there would be a conflict of interest, unless the companies were connected somehow, most likely by ownership.
Now Tron is a much larger MVNO than Buzz, I don't how many subscribers Buzz has but prob not all that many, you can see that from just their Facebook likes, Tron has over 100K, Buzz has 8K.... but still, if all of Enabling Asia is merging into BDGN, then I'd say it looks pretty interesting.
Big Brother
7 years ago
Yeah, I agree, I mean it's certainly possible that, Buzzme and/or Enabling Asia may be rolling into BDGN. I've researched all the entities involved ad naseum a few months ago but never could really connect all the dots definitively.
Based on this article, I assume that BuzzMe may have been a sub of Tron, however, it's also possible IEC3G, which became BuzzMe, was sold to enabling Asia/Buzz after Tron took it over.
All companies seems to be closely connected, it's possible that Talk Focus Sdn(dba Tron) owns shares in BuzzMe and/or Enabling Asia as well, again not sure, we need more details.
I'm just glad that something....anything....is happening at this point...lol...been bored out my my mind here, these guys are very slow at getting anything done.
http://www.yozzo.com/news-and-information/mvno-mobile-operator-s/malaysian-buzzme-to-launch-as-mvno-in-thailand-next-month
Big Brother
7 years ago
Hmm....very interesting, the plot thickens. I always believed BuzzMe was a subsidiary of Tron(Talk Focus Sdn) but never could confirm it. However, even if it is, it's certainly plausible that they could be spinning it off into a separate public company...BDGN.
I'd highly doubt Tron itself will go into BDGN though, granted they have not officially rolled it into TGRP as of yet, but it's almost certainly going to happen IMO. Though I'll admit, it is a bit puzzling and worrisome that they haven't yet. Hopefully it's just because they are waiting until BuzzMe is ready to go public as well for some reason....why I have no idea.
I can't imagine there were any problems with this, it was basically a pristine, newer, shell, a small group of insiders hold virtually the entire o/s, this had never traded until an IPO of 20K- 25K shares hit the market here a few months ago.....not a single share has hit the market since.
Big Brother
7 years ago
This is how I see it, that interview was a Malaysian newspaper article, for the Malaysian people, rather than going into explanation on the RM process in the US, he just simply said TRON had gone public in the US on the OTCQB.
In reality, they took control of a OTC Pink sheets shell company, however, they have not actually completed the merger and rolled in Talk Focus Sdn Bhd(TRON) yet, TGRP is still technically a shell as of March 31st.
It's their intentions to go public and uplist to the OTCQB, however, the company is required to have its financial reports audited by a Public Company Accounting Oversight Board Accounting Firm (PCAOB) and that hasn't happened yet.
As soon as the the audit is done, then we'll start seeing some action here IMO, I'm thinking it should happen within the next couple weeks, given that the private placements are to take place sometime in May.
adijas
7 years ago
10Q out. This is weird
'We are a holding company and have no principal business. We are currently seeking new business opportunities with established business entities for the merger with or acquisition of a target business. In certain instances, a target business may wish to become our subsidiary or may wish to contribute assets to us rather than merge. We have not yet begun negotiations or entered into any definitive agreements for potential new business opportunities, and there can be no assurance that we will be able to enter into any negotiations or definitive agreements.
Any new acquisition or business opportunities that we may acquire will require additional financing. There can be no assurance, however, that we will be able to acquire the financing necessary to enable us to pursue our plan of operation. If our Company requires additional financing and we are unable to acquire such funds, our business may fail.
We have never declared bankruptcy, been in receivership, or involved in any kind of legal proceeding.
We do not have any subsidiaries.'
So how does that match with the PR's you posted few days ago, where he is talking about 400.000 subscribers?
'It aims to increase its subscriber base to three million in the next five years, from the current 400,000 (which represents 10 per cent of the MVNO market share in Malaysia).'
Big Brother
7 years ago
Has to happen eventually. They spent a lot of money on going public, and are raising a lot of money through private placements, you can bet those folks are going to expect results after their $5M investment.
TGRP is going to play a big roll in TRON's future IMO, Eric Yap seems like a very competent, connected and intelligent guy, so one of these days soon, I think this is going to move.
Of course last time I was this confident about an Asian ticker it was KNBA, which seemed like the biggest slam dunk, and they never could bring in any buyers and eventually just gave up....so you never know....lol.
It seems like some of the more mysterious Asian ones do better, TRON is obviously real, verifiable and legit, unfortunately that might actually work against us.
Big Brother
7 years ago
Yeah, that was for 2016, if they exited shell status, it would have been in 2017, probably in February when they updated the Business Description on OTCM to reflect the new business direction.
This one is taking forever to get going but thats just the Asian's way I guess, as that's how they all are. One of these days this will start getting some mysterious volume out of the blue, and run well over $1.00, it will happen but could be days, weeks or months....it's anyone guess at this point.
Big Brother
7 years ago
Yep, just got to wait for the Asians to do their thing and start running this. Typically when the first block of shares appear, it means they are ready to go but I guess not.
I thought it was a bit early, we have the name change, change of control, etc but the merger itself has not actually taken place, still need the audit and such, technically TGRP is still in shell status.
Not sure why they put up the block of shares early, we probably bought everything that was held at DTC in a couple of days.I can't imagine they expected that.
When they are ready to run this, it should run. It's prob not going to be US investors that take it to the next level, it will be foreign investors. Asian companies tend to make a big deal overseas about their US public stock market listings, this attracts a lot of buyers, this one should be no different IMO.
Big Brother
7 years ago
End of day dump on Friday is almost always daytraders exiting. Unfortunately, the more iHubbers you have on a ticker, the more bid whackers, ask stackers, etc, you have, I don't pretend to understand it, it's just the way it is.
These types of plays should be left to position traders, trying to daytrade a low volume ticker is just foolish.