Marquie Group Inc SEC Filings

The Marquie Group, Inc. reported a major change in control and a strategic pivot through a Purchase Agreement with GetGolf.com, LLC. GetGolf agreed to buy 200 shares of Series A Preferred Stock, a $2,000,000 promissory note, and 666,700 common shares from Marc and Jacquie Angell for an aggregate $500,000 payable over 12 months. The 200 Series A shares, which carry 80% of the Company’s voting power, were then reissued to Jeff Foster (67 shares) and Kelly L. Kirchhoff (133 shares), giving them effective control of all shareholder matters.

In parallel, the Company divested 100% of Music of Your Life, Inc. and its related intellectual property back to the Angells and acquired golf-related assets from GetGolf, including the Stand By Golf™ technology platform and two revenue-producing Arizona golf courses, Mountain Brook and Apache Creek. Marc Angell resigned as Chief Executive Officer and now serves as Secretary, Treasurer and Chief Financial Officer under a 12‑month transitional services agreement. The Company highlights significant risks, including going-concern doubts, heavy capital needs, concentrated control, and execution challenges in its new golf and lifestyle strategy.

The Marquie Group, Inc. reported that on December 16, 2025, it amended and restated its Articles of Incorporation to change its corporate name to Transglobal Management Group, Inc.. On the same date, the company also amended and restated its Bylaws to reflect this new name. Holders of a majority of the voting rights of the company’s capital stock approved both the amended and restated Articles of Incorporation and the amended and restated Bylaws. The updated charter and Bylaws, now reflecting the Transglobal Management Group, Inc. name, are included as exhibits to the report.

The Marquie Group, Inc. reports that its board and holders of a majority of its voting capital stock have approved an amendment and restatement of its Articles of Incorporation to change the company name to Transglobal Management Group, Inc. The action was approved by written consent as of December 16, 2025, so no shareholder meeting or proxies are being solicited.

As of the record date, the company had 7,539,209 shares of common stock and 200 shares of Series A Preferred Stock outstanding. While each common share has one vote, the Series A Preferred Stock is entitled in the aggregate to 80% of the total voting power on a fully diluted basis, giving insiders effective control. The company indicates it has discussed potential future issuances of common stock for stock dividends, services, debt settlement and employee incentives and notes that any material issuances will be disclosed under securities law. Shareholders do not have dissenter’s rights in connection with this name change.

The Marquie Group, Inc. (TMGI) filed an amended quarterly report to restate and correct the misclassification of interest-bearing promissory notes and related expenses. The restatement increased accrued interest and notes payable by $123,767, with a matching increase to professional fees and interest expense.

For the quarter ended August 31, 2025, TMGI reported net revenues of $11,920 and a net loss of $2,430,080. Results reflected a $3,700,000 loss on markdown of an investment, a $1,760,461 gain on extinguishment of debt, $701,263 in interest expense, and $297,276 in income from derivative liability revaluation. Cash and equivalents were $41,007, with negative working capital of $4,310,228 and an accumulated deficit of $18,242,017, leading management to note substantial doubt about continuing as a going concern. Shareholders’ equity was a deficit of $(1,763,412), and the company disclosed defaults on eight notes totaling $326,644. A 1‑for‑1,000 reverse stock split was effected on June 5, 2025; common shares outstanding were 4,121,479 as of October 3, 2025.

Marquie Group, Inc. (TMGI) reported an insider transaction on a Form 4. On 10/20/2025, the reporting person sold 200 shares of Series A Preferred Stock at $0.0001 per share. Following the sale, the insider reported 0 shares beneficially owned, with direct ownership. The filer is identified as the company’s Chief Financial Officer, Treasurer, and Secretary.

The Marquie Group, Inc. (TMGI) reported a change in control and leadership. On October 20, 2025, Marc and Jacquie Angell entered into a Purchase Agreement with GetGolf.com for $500,000 payable over 24 months covering the sale of 200 Series A Preferred shares and a $2,000,000 company promissory note, with 666,700 common shares returned to treasury.

The 200 Series A Preferred shares carry 80% of the Company’s voting power. These shares were returned to treasury and reissued to Jeff Foster (67) and Kelly L. Kirchhoff (133), who now hold a controlling beneficial interest. Jeff Foster was appointed Chairman and Chief Executive Officer; Marc Angell became Chief Financial Officer, Secretary and Treasurer, and Kirchhoff joined the Board.

The Company completed the disposition of intellectual property tied to the Music of Your Life brand, while GetGolf will assign “Stand By Golf,” “Mountain Brook Golf Club,” and “Apache Creek Golf Club” rights to the Company. The securities issuances were made as unregistered sales under Section 4(2).

The Marquie Group, Inc. (TMGI) appointed Marc Angell as Chief Financial Officer. The change is disclosed under Section 5 — Corporate Governance and Management. The report is signed by Chief Executive Officer Jeff Foster.

The Marquie Group, Inc. (TMGI) announced a change of control and the appointment of a new Chairman and Chief Executive Officer. The company said it will publish a press release titled “The Marquie Group Announces New Ownership and Direction,” furnished as Exhibit 99.1. The disclosure was furnished, not filed, under other items, meaning it is not subject to certain Exchange Act liabilities. The report is dated October 20, 2025 and is signed by CEO Jeff Foster.

The Marquie Group (TMGI) reported Q1 results for the quarter ended August 31, 2025. Net revenues were $11,920 from syndicated radio advertising. The company posted a net loss of $2,306,313, driven by a $3,700,000 loss on markdown of its Simply Whim investment, $610,499 in interest expense, partially offset by a $1,760,461 gain on extinguishment of debt and $297,276 income from change in derivative liability.

On the balance sheet, cash was $41,007. Total assets were $2,610,783 versus $6,258,966 at May 31, 2025, reflecting the investment markdown. Current liabilities were $4,250,428. Stockholders’ equity moved to a deficit of $(1,639,645) from equity of $496,667. Management disclosed substantial doubt about continuing as a going concern due to $4,186,461 negative working capital and an $18,118,250 accumulated deficit.

The company executed a 1-for-1,000 reverse stock split on June 5, 2025; 4,121,479 common shares were outstanding as of October 3, 2025. TMGI maintains a $1.25 million Standby Equity Financing Agreement that prices shares at 80% of the average of the two lowest VWAPs in the 5 trading days after the clearing date.