Tgi Solar Stock Price, News & Analysis

TGI Solar Power Group, Inc. (TSPG) has announced the successful completion of its business combination with Shelly North Carolina, Inc.. Shelly, known for its innovative AI solutions that enhance customer engagement without software fees, will significantly contribute to TGI's growth strategy. Following the merger, Philippe Machuel, CEO of Shelly, will take over as TGI's CEO. TGI's COO mentioned that this merger is expected to generate substantial earnings and value. The partnership will also terminate its agreement with XR-LABS as part of the restructuring. This acquisition aims to leverage Shelly's established market presence and technology to drive revenue growth.

TGI Solar Power Group announced a partnership through its subsidiary, Advent Galaxy Inc., with AllStar HealthBrands Inc. to develop a 3D metaverse platform named Village Sports and Entertainment Mega Mall. The project is expected to generate $3 million in revenue via design fees and profit-sharing from e-commerce initiatives. This aligns with the rapidly expanding $824.53 billion metaverse market, projected to grow at a 39.1% CAGR by 2030. Notably, Advent Galaxy is also pursuing collaboration with a major gaming company to enhance the project.

TGI Solar Power Group (OTCMarkets: TSPG) announced on July 26, 2022, that its subsidiary, Advent Galaxy Inc., has reached an agreement to acquire XR-Labs, a Miami-based LLC specializing in extended reality (XR) and augmented reality (AR). The acquisition aims to enhance TGI's market position within the burgeoning XR sector, supported by XR-Labs' talented team and innovative projects. CEO Henry Val emphasized the operational synergies expected from this deal, which may drive revenue growth and increase shareholder value.

TGI Solar Power Group Inc. (OTC PINK:TSPG) has announced the development of the ADVENT Mega Mall in the metaverse, featuring a native NFT gallery and powered by Roomful Co technology. The project leverages the REAT blockchain, designed for efficient asset transactions in both the metaverse and real world, allowing for high-volume transactions at low costs. This initiative aims to create a vibrant marketplace for real estate and asset investments, enhancing TGI's brand and community engagement.

TGI Solar Power Group (OTC PINK:TSPG) announced the launch of the ADVENT Secure City™ pilot project aimed at enhancing infrastructure protection and quality of life for residents. The project, in collaboration with BTV2100 Ltd., will implement layered cyber security for homes and public services. BTV2100, an Israeli system integrator, brings over 25 years of experience in cyber security and smart city solutions. TGI aims to leverage innovative technologies to create shareholder value while addressing future urban challenges.

TGI Solar Power Group Inc. (OTC PINK:TSPG) has announced a strategic alliance with Roomful Co. to develop the ADVENT GALAXY metaverse, which will serve as a digital twin of the Advent Smart City™. This collaboration aims to create immersive virtual environments including co-working spaces, galleries, and training centers. The initiative is part of TGI's strategy to enhance its real estate offerings through innovative digital solutions, leveraging Roomful's advanced 3D Multiverse platform.