Every 10-Q that TRANSGLOBAL MGMT GRP INC (TMGI) has filed with the SEC in the last 24 months is listed below, newest first, and each one links through to the document itself with the summary and the scores our analysis gives it.
A 10-Q covers the quarterly report filed between annual reports, 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.
Transglobal Management Group, Inc. (TMGI) reported its first golf-focused quarter with emerging revenue but deep losses and a highly leveraged balance sheet. For the nine months ended February 28, 2026, the company generated $475,431 in revenue, mainly from golf course bookings and cart rentals through the Stand By Golf platform, compared with no revenue a year earlier.
Despite this start, TMGI posted a net loss of $6,258,234, driven by heavy interest expense of $1,895,315, a $1,654,620 loss from derivative liabilities tied to convertible notes, and a $3,700,000 markdown of its Simply Whim investment. Total assets fell to $3,327,621 while current liabilities climbed to $8,769,730, creating a stockholders’ deficit of $5,442,109 and negative working capital of $7,977,346 as of February 28, 2026.
Management highlights a strategic pivot from media and beauty toward a vertically integrated golf model built around GetGolf, the Stand By Golf technology platform, and the planned Apache Creek Golf Club acquisition, supported by equity lines and numerous convertible notes. However, the company discloses “substantial doubt” about its ability to continue as a going concern and notes it has not paid principal and interest on 10 notes totaling $420,773, while facing a large derivative liability of $3,366,728 from variable-price convertible debt.
The Marquie Group, Inc. reported sharply weaker results for the quarter ended November 30, 2025, as it transitions from a radio and beauty focus toward a golf-centered business built around the GetGolf acquisition. Net revenues were only $15,200 for the quarter and $27,120 for the six months, all from radio advertising, while the company prepares to rely on golf green fees, carts, food and beverage, and pro shop sales in the future.
The company posted a quarterly net loss of $2,289,822 and a six‑month net loss of $4,570,328, driven by high operating costs, heavy interest expense of $1,064,044, and a $3,700,000 markdown of its 25% Simply Whim investment. A large portfolio of convertible notes created a derivative liability of $2,449,374, up from $625,824, and total current liabilities of $6,878,915 far exceed total assets of $2,859,714, leaving stockholders’ equity at a deficit of $4,019,201.
Management executed a 1‑for‑1,000 reverse stock split, issued new convertible notes and common shares (including 1,000,000 shares for GetGolf and 1,382,719 shares from debt conversions), and tapped a standby equity facility. The company ended the period with cash of $81,317 and disclosed substantial doubt about its ability to continue as a going concern.
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.
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.