The Marquie Group Enters Into Purchase Agreement With GETGOLF.COM

Rhea-AI Summary

The Marquie Group (OTCID:TMGI) has entered into a significant purchase agreement with GETGOLF.COM, marking a strategic shift into the golf industry. Under the agreement, current CEO Marc Angell will transfer control shares to GETGOLF.COM and its CEO Jeff Foster, an experienced veteran in the Golf and Hospitality Industry.

Marc Angell will transition to a consulting role to ensure business continuity and provide strategic guidance. Jeff Foster, the incoming CEO, brings profitable ventures and extensive golf industry expertise to TMGI, aiming to transform it into a premier golf-focused enterprise.

Positive

• Acquisition of profitable golf-related ventures from incoming CEO Jeff Foster
• Strategic pivot into the growing golf industry under experienced leadership
• Continuity maintained through former CEO's consulting role

Negative

• Significant change in business direction creates execution uncertainty
• Limited financial details provided about the acquisition terms
• Complete restructuring of business model may pose integration challenges

PHOENIX, Sept. 22, 2025 (GLOBE NEWSWIRE) -- The Marquie Group, Inc. (“TMGI” or the “Company”) (OTCID:TMGI) today announced that it has entered into a purchase agreement with GETGOLF.COM marking a new era for the Company. Under the agreement, TMGI CEO Marc Angell will transfer control shares to GETGOLF.COM and its CEO, Jeff Foster, a highly accomplished veteran in the Golf and Hospitality Industry. The transition is expected to occur swiftly upon completion of closing procedures and the transfer of assets.

Outgoing CEO Marc Angell stated, “Jeff Foster’s exceptional experience in managing golf businesses makes him the ideal successor for TMGI. Shareholders will be pleased to know that, as part of this agreement, Jeff is bringing profitable ventures that are expected to propel the company forward for years to come. I am enthusiastic about supporting Jeff and his team as we realign the company’s focus on the golf industry.”

Incoming CEO Jeff Foster added, “My team and I are grateful to Marc and Jacquie Angell for their dedication in building a company with tremendous potential. This agreement is just the beginning of our vision to create a premier golf-focused enterprise that shareholders can be proud of. I have devoted much of my career to the golf world and am excited to bring that passion and expertise to TMGI as we enter the public markets.”

As part of the transition, Marc Angell will remain engaged in a consulting role. He will help maintain important relationships, ensure business continuity, and provide guidance on strategic initiatives as the company embraces its new direction.

Cautionary Disclosure About Forward-Looking Statements

The information contained in this publication does not constitute an offer to sell or solicit an offer to buy securities of The Marquie Group, Inc. (the “Company”). This publication contains forward-looking statements, which are not guarantees of future performance and may involve subjective judgment and analysis. As such, there are no assurances whatsoever that the Company will meet its expectations with respect to its future revenues, sales volume, becoming cash flow positive, ARR or RMR. The information provided herein is believed to be accurate and reliable, however the Company makes no representations or warranties, expressed or implied, as to its accuracy or completeness. There is no guarantee that the Company will achieve operational cash flow positive status. The Company has no obligation to provide the recipient with additional updated information. No information in this press release should be interpreted as any indication whatsoever of the Company’s future revenues, results of operations, or stock price.

For The Marquie Group, Inc
Marc Angell
Chief Executive Officer
800-351-3021
marc@tmgiusa.com

FAQ

What is the purchase agreement between The Marquie Group (TMGI) and GETGOLF.COM?

The agreement involves the transfer of control shares from current TMGI CEO Marc Angell to GETGOLF.COM and its CEO Jeff Foster, transitioning the company into a golf-focused enterprise.

Who is Jeff Foster, the new CEO of The Marquie Group (TMGI)?

Jeff Foster is a highly accomplished veteran in the Golf and Hospitality Industry who will become TMGI's new CEO, bringing profitable ventures and extensive golf industry expertise to the company.

What role will former TMGI CEO Marc Angell have after the transition?

Marc Angell will remain engaged in a consulting role, helping maintain important relationships, ensure business continuity, and provide guidance on strategic initiatives.

How will the GETGOLF.COM acquisition affect TMGI's business direction?

The acquisition marks TMGI's strategic pivot to become a premier golf-focused enterprise, leveraging Jeff Foster's industry expertise and profitable ventures in the golf sector.

When will the transition between The Marquie Group and GETGOLF.COM be completed?

The transition is expected to occur swiftly upon completion of closing procedures and the transfer of assets, though specific timing details were not disclosed.