TRSG Corporation Closes on Stock Transfer With Gateway Distributors, Ltd.Business Editors
LAS VEGAS--(BUSINESS WIRE)--Jan. 11, 2001
TRSG Corporation (f/k/a Professional Wrestling Noun 1. professional wrestling - wrestling for money
sport - the occupation of athletes who compete for pay
rassling, wrestling, grappling - the sport of hand-to-hand struggle between unarmed contestants who try to throw each other down Alliance Corporation) (OTCBB OTCBB
See OTC Bulletin Board (OTCBB). :TSGO) today announced that it has closed on the previously announced stock transfer with Gateway Distributors, Ltd. effective as of today.
The Acquisition Agreement was originally signed on October 12, 2000 between the parties. The Acquisition Agreement set forth that Gateway would sell to TRSG the bulk of its assets and operating business "The Right Solution" in exchange for 13,448,660 (post reverse) shares of the common stock of TRSG. The closing and the transfer of the assets and securities took place today after the companies were able to conclude the necessary actions required by the Acquisition Agreement. These actions included an agreement for the settlement of the judgments held by Pennsylvania Pennsylvania (pĕnsəlvā`nyə), one of the Middle Atlantic states of the United States. It is bordered by New Jersey, across the Delaware River (E), Delaware (SE), Maryland (S), West Virginia (SW), Ohio (W), and Lake Erie and New York Insurance Commissioner against TRSG through a series of future payments in the total amount of $50,000 to be concluded by March 31, 2001.
TRSG will operate the network marketing company that does business under the name "The Right Solution." This company sells nutritional, health and dietary supplements Noun 1. dietary supplement - something added to complete a diet or to make up for a dietary deficiency
diet - a prescribed selection of foods
vitamin pill - a pill containing one or more vitamins; taken as a dietary supplement and products throughout North America North America, third largest continent (1990 est. pop. 365,000,000), c.9,400,000 sq mi (24,346,000 sq km), the northern of the two continents of the Western Hemisphere. and Japan. The Right Solution product line is based on the premise that the food of the future will come from the past. It is through special blends Special Blend is a morning radio show airing weekdays from 7 AM to 10 AM on the community-based campus radio station CKCU-FM in Ottawa, Canada. The show is entirely produced by volunteers; each of the 15 weekly programming hours is hosted by a different volunteer, with of ancient whole foods such as grains and vegetables that optimum health can be achieved. After years of research, science has proven that whole-food nutrition, combined with nature, will both cleanse cleanse
tr.v. cleansed, cleans·ing, cleans·es
To free from dirt, defilement, or guilt; purge or clean.
[Middle English clensen, from Old English the body and feed the body on a cellular level. TRSG acquired all of the business and existing networking distribution operations of The Right Solution. TRSG also becomes a more than 80% owned subsidiary of Gateway Distributors, Ltd.
A number of statements contained in this news release are forward-looking statements forward-looking statement
A projected financial statement based on management expectations. A forward-looking statement involves risks with regard to the accuracy of assumptions underlying the projections. which should be considered in conjunction with the SEC filings (quarterly, annual and special reports) of TRSG. These forward-looking statements involve a number of risks and uncertainties, including the timely development, and market acceptance of products and technologies, competitive market conditions, successful integration of acquisitions and the ability to secure additional sources of financing. The actual results that TRSG may achieve could differ materially from any forward-looking statements due to such risks and uncertainties.