TMGI Announces New Ownership & Direction
The Marquie Group (OTCID:TMGI) has announced a significant leadership transition through a Form 8-K filing with the SEC. The company has executed a buy-sell stock agreement between current CEO Marc Angell and incoming CEO Ryan O'Leary. The transition includes a 10-day escrow period for due diligence under a non-disclosure agreement.
Upon successful completion of the due diligence period, O'Leary will assume the roles of CEO and Sole Control Person. To ensure a smooth transition, Angell will remain in a 12-month consulting role to maintain continuity, key relationships, and assist with ongoing strategic initiatives.
The Marquie Group (OTCID:TMGI) ha annunciato una significativa transizione della leadership tramite il deposito del Modulo 8-K presso la SEC. L'azienda ha stipulato un accordo di compravendita di azioni tra l'attuale CEO Marc Angell e il futuro CEO Ryan O'Leary. La transizione prevede un periodo di deposito a garanzia di 10 giorni per la due diligence, regolato da un accordo di non divulgazione.
Al termine favorevole della due diligence, O'Leary assumerà le funzioni di CEO e di Persona di Controllo Unica. Per garantire un passaggio agevole, Angell rimarrà in un ruolo di consulenza di 12 mesi per mantenere la continuità, i rapporti chiave e supportare le iniziative strategiche in corso.
The Marquie Group (OTCID:TMGI) ha anunciado una importante transición en su liderazgo mediante la presentación del Formulario 8-K ante la SEC. La compañía ha celebrado un acuerdo de compraventa de acciones entre el actual CEO Marc Angell y el próximo CEO Ryan O'Leary. La transición incluye un período de depósito en garantía de 10 días para la diligencia debida, sujeto a un acuerdo de confidencialidad.
Tras la finalización exitosa de la diligencia debida, O'Leary asumirá los cargos de CEO y de Persona de Control Única. Para asegurar una transición ordenada, Angell permanecerá en un rol de consultoría de 12 meses para mantener la continuidad, las relaciones clave y apoyar las iniciativas estratégicas en curso.
The Marquie Group (OTCID:TMGI)는 SEC에 제출된 Form 8-K를 통해 중요한 경영진 교체를 발표했습니다. 회사는 현 CEO Marc Angell과 신임 CEO Ryan O'Leary 간에 주식 매매 계약을 체결했습니다. 이번 전환에는 비공개계약에 따른 실사를 위한 10일간의 에스크로 기간이 포함됩니다.
실사 기간이 성공적으로 종료되면 O'Leary가 CEO 및 단독 통제권자(Sole Control Person)의 역할을 맡게 됩니다. 원활한 전환을 위해 Angell은 연속성 유지, 핵심 관계 관리 및 진행 중인 전략적 과제 지원을 위해 12개월간의 자문 역할을 수행할 예정입니다.
The Marquie Group (OTCID:TMGI) a annoncé une transition majeure de sa direction via le dépôt du formulaire 8-K auprès de la SEC. La société a conclu un accord d'achat-vente d'actions entre le CEO actuel Marc Angell et le futur CEO Ryan O'Leary. La transition prévoit une période d'entiercement de 10 jours pour la due diligence, sous accord de confidentialité.
Après le succès de la due diligence, O'Leary assumera les fonctions de CEO et de personne de contrôle unique. Pour assurer une transition en douceur, Angell restera en poste de conseil pendant 12 mois afin de maintenir la continuité, les relations clés et d'aider aux initiatives stratégiques en cours.
The Marquie Group (OTCID:TMGI) hat über eine Form-8-K-Einreichung bei der SEC einen bedeutenden Führungswechsel bekanntgegeben. Das Unternehmen hat eine Aktienkauf-/verkaufsvereinbarung zwischen dem derzeitigen CEO Marc Angell und dem künftigen CEO Ryan O'Leary abgeschlossen. Die Übergabe umfasst eine 10-tägige Treuhandperiode für die Due Diligence unter einer Verschwiegenheitsvereinbarung.
Nach erfolgreichem Abschluss der Due Diligence wird O'Leary die Funktionen des CEO und der alleinigen Kontrollperson übernehmen. Um einen reibungslosen Übergang zu gewährleisten, bleibt Angell in einer 12-monatigen Beratungsfunktion, um Kontinuität, wichtige Beziehungen zu sichern und bei laufenden strategischen Initiativen zu unterstützen.
- Incoming CEO Ryan O'Leary brings extensive OTC market experience
- 12-month consulting agreement with former CEO ensures business continuity
- Structured transition process with due diligence period indicates careful planning
- Change in control may create temporary operational uncertainty
- No specific business strategy or growth plans disclosed by new leadership
TMGI New CEO Comes With Extensive OTC Experience
DALLAS, Aug. 11, 2025 (GLOBE NEWSWIRE) -- The Marquie Group Inc. (“TMGI” or the “Company”) (OTCID:TMGI), today publicly announced via a Form 8-K filing with the SEC that a buy-sell stock agreement has been completed between the Company’s current CEO and Control Person, Marc Angell, and our future CEO and Control Person, Ryan O’Leary. The agreement requires a 10 day escrow period for certain tasks to be complete prior to transfer of control from Angell to O’Leary. The escrow period is designed to give O’Leary time to complete due diligence under an existing non-disclosure agreement. Upon successful completion of the due diligence period O’Leary is expected to assume the role of CEO and Sole Control Person.
“I want to thank Marc for his years of leadership and for his excellent support as we begin this escrow period,” said O’Leary.
The agreement includes a consulting role for Angell for the next 12 months to ensure continuity, maintain key relationships, and assist with ongoing strategic initiatives.
“We look forward to completion of the escrow period and transfer to Ryan,” said Angell. “I’m excited to see what’s next for TMGI.”
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
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