NEW YORK, Aug. 22, 2011 /PRNewswire/ -- Total Apparel Group, Inc. ("TAG") (OTC Pink: TLAG) today announced that it has recently commenced with its December 2010 year-end audit in order to file its 10K due. In addition, the Company will be completing its September 2010 3rd quarter review, as well as all of the 2011 quarter reviews due, ensuring that the company will become current in its filings.
Concurrent with this action, TAG has resumed its activities related to the registration of securities, as it seeks to upgrade the Company's stock listing to the Over-the-Counter Bulletin Board.
In the coming weeks TAG will provide its shareholders with a comprehensive update on the status of the activities and on the future outlook of the Company.
About Total Apparel Group, Inc.
Total Apparel Group, Inc. (OTC Pink: TLAG) (www.tapginc.com) aims to become the leading product licensing, brand management and retail development partner for pre-eminent sports, entertainment and lifestyle brands in the U.S. Through its wholly owned subsidiaries TAG serves as a master distributor and licensee of market-leading international trademarks in the branded apparel, footwear and accessories sectors.
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This press release includes forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995 and relate to future events, including, without limitation, our future financial performance. These statements involve known and unknown risks, uncertainties and other factors that may cause our actual results, levels of activity, performance or achievements to be materially different from any future results, levels of activity, performance or achievements expressed or implied by these forward-looking statements. Such forward-looking statements may be identified by terminology such as "intend," "should," "expect," "may," "plan," "anticipate," "believe," "estimate," "project" or "predict," and the negative and variations of such words and comparable terminology. You should not place undue reliance on these forward-looking statements since they involve known and unknown risks, uncertainties and other factors, which are, in some cases, beyond our control. Any forward-looking statement reflects our current views with respect to future events and is subject to these and other risks, uncertainties and assumptions. Except as required by applicable law, we assume no obligation to publicly update or revise these forward-looking statements for any reason, or to update the reasons why actual results could differ materially from those anticipated in these forward-looking statements, even if new information becomes available in the future.
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SOURCE Total Apparel Group, Inc.