TEG Overseas: 10% owner Tourism & Entertainment Group bought 124,506,935 shares

What happened

• The filing says Tourism & Entertainment Group, LLC (a 10% owner) acquired 124,506,935 shares on Oct 13, 2026 (transaction code P). The filing does not assign a per-share price or a total dollar value for the shares.
• Footnotes state the shares were issued as part of a Share Exchange Agreement with StageWise Strategies Corp. (STWI); STWI agreed to issue an aggregate of 183,098,434 exchange shares, of which 124,506,935 were issued to the reporting person when the share exchange closed on Oct 13, 2026.

Key details

• Transaction date: Oct 13, 2026; filing date: Oct 15, 2026 (not marked late).
• Price: not assigned; no cash consideration was paid.
• Shares received: 124,506,935 exchange shares issued to the reporting person.
• Other exchange shares: 58,591,499 exchange shares were issued to the individual seller per the agreement.
• Source: shares issued as consideration for participatory interests in TEG SPV; Share Exchange Agreement entered Oct 6, 2026.

Why it may matter

• The filing reports an issuance in a share exchange, not an open-market purchase; the shares were issued as consideration rather than bought with cash.
• The reporting person is a 10% owner, a large holder rather than an executive.
• This filing does not show why the insider traded or why the company acted.