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Transglobal Mgmt Grp (TMGI) 10-K Filings

TMGI OTC

Here are the 10-K annual reports from Transglobal Mgmt Grp Inc (TMGI) in our archive since June 2025, newest first, and each one links through to the document itself with the summary and the scores our analysis gives it.

A 10-K covers the audited annual report, with the full financial statements, so if you follow TMGI and want that one kind of document rather than the whole filing history, this is the page to keep. The company's other filings, of every form, are on the full TMGI filings page.

Rhea-AI Summary

Transglobal Management Group, Inc. (TMGI) reported a sharp strategic shift into golf technology after acquiring GetGolf, LLC in October 2025, while posting a substantially larger net loss of $5.83 million for the year ended May 31, 2026. Revenue rose to $990,084 from $11,040, mainly from Stand By Golf bookings and advertising, but operating expenses and significant non‑cash charges drove a much deeper loss.

The company recorded a $3.7 million impairment on its Simply Whim investment and a $200,000 loss on a forfeited golf course deposit, partly offset by a $1.93 million gain on extinguishment of debt. At May 31, 2026, TMGI had $2.74 million in assets versus $7.97 million in current liabilities, including $1.78 million in notes payable, $2.52 million in related‑party notes and a $2.16 million derivative liability, resulting in a stockholders’ deficit of $5.23 million.

The independent auditor highlighted substantial doubt about TMGI’s ability to continue as a going concern due to recurring losses and a large accumulated deficit of $21.64 million. The company, which has no employees and relies on two executives plus contractors, plans to grow its Stand By Golf and GETGOLF platforms and may rely on highly dilutive equity and convertible debt financing while it continues to anticipate additional losses.

Rhea-AI Summary

The Marquie Group, Inc. amended its annual report describing operations across radio broadcasting, streaming, and skincare/supplement businesses. The company highlights a global simulcast to over 90 countries, a music catalogue exceeding 100,000 tracks, streaming infrastructure with 99.99% uptime and 320 kbps bitrate, and CEO oversight of cybersecurity with outsourced vendors. Financially, the company recorded a loss before income taxes of $948,452 for the reported period and discloses an accumulated deficit of approximately $15.8 million that, together with other factors, raises substantial doubt about its ability to continue as a going concern. The filing details a $6,200,000 investment consideration for acquiring Simply Whim (666,666,668 shares plus a $2,000,000 promissory note) and notes a settlement and co-existence agreement with Ulta Beauty permitting expanded Whim product offerings. The company issued large volumes of common stock for conversions, consulting, and equity financings (examples: 2,265,475,967 shares for conversion totaling $350,472; 118,443,135 shares for $55,731). Key operational lines include radio advertising, digital streaming ads, and skincare product sales.