Transnational Group Inc (TAMG)

Description:

Transational Automotive Group, Inc., was incorporated April 2, 1999 in the State of Nevada as Vitaminoverrun.com Corp. and in August 2001 changed its name to Apache Motor Corporation Inc. In November 2005 the Company changed its name to Transnational Automotive Group, Inc. The Company is a holding company, whose main business is focused on acquiring, developing and providing urban and rural mass transit systems in sub-Saharan countries through partnerships established with the central governments of the respective sponsoring nations. Transnational"s current business efforts focus on establishing and operating mass bus transit systems in the two major cities in Cameroon: Yaounde, the capital city of Cameroon, and Douala, the largest city and economic capital of Cameroon. It has partnered with the government of Cameroon to establish these mass transit systems. The Company's mission is to become a transportation provider in Cameroon and other sub-Saharan African countries through the operations of its urban and rural transportation systems. The Company's bus fleets provide an efficient way for communities in need to travel and prosper. Through the development of formidable partnerships with sponsoring governments and integrating its management's practices and expertise into their countries" infrastructure, its aim is to provide the citizenry of its host nations with lower cost transportation options that would stimulate economic development by providing more efficient and affordable transportation options. Transnational's current operations involve providing mass bus transit systems operated by its subsidiaries in Cameroon, Africa. It is also in early-stage planning for prospective operations in Ethiopia, Nigeria and Mozambique. LeCar is the brand name given to the Company"s inter-city coach bus operations in Cameroon. The manufacture and use of the Company's products might be subject to regulation by one or more U.S. federal agencies, including the Federal Trade Commission and the Environmental Protection Agency.