Home/Filings/8-K/0001683168-26-000064
8-K//Current report

Marquie Group, Inc. 8-K

Accession 0001683168-26-000064

$TMGICIK 0001434601operating

Filed

Jan 4, 7:00 PM ET

Accepted

Jan 5, 8:56 AM ET

Size

1.8 MB

Accession

0001683168-26-000064

Research Summary

AI-generated summary of this filing

Updated

The Marquie Group (TMGI) Reports Change in Control; Acquires Golf Assets

What Happened
The Marquie Group, Inc. (TMGI) filed an 8‑K reporting a change in control and a strategic shift after a Purchase Agreement with GetGolf closed on October 20, 2025. Under the deal GetGolf paid $500,000 (payable over 12 months) to acquire control shares from Marc and Jacquie Angell; those 200 Series A Preferred shares (which together carry 80% of voting power) were returned to the company and reissued to Jeff Foster (67 Shares) and Kelly L. Kirchhoff (133 Shares). Jeff Foster was appointed Chairman and Chief Executive Officer; Marc Angell resigned as CEO and now serves as CFO, Secretary and Treasurer under a 12‑month transitional services agreement. As part of the transaction GetGolf assigned Stand By Golf (a cloud-based golf reservation/yield-management platform) plus two revenue-producing golf courses (Mountain Brook and Apache Creek) to TMGI, while 100% of Music of Your Life, Inc. (and its related IP) was transferred back to Marc and Jacquie Angell.

Key Details

  • Purchase price: $500,000 total, payable over 12 months; closing date October 20, 2025.
  • Voting control: 200 Series A Preferred shares represent 80% of voting power; reissued 67 to Jeff Foster and 133 to Kelly Kirchhoff.
  • Assets acquired from GetGolf: the Stand By Golf platform and two golf course operations (Mountain Brook Golf Club and Apache Creek Golf Club).
  • Other transaction items: the Angell Note (original principal $2,000,000) and 666,700 common shares (Angell Family Trust) were part of the transfers/closings (the common shares were returned to treasury and cancelled). The filing states the transaction constitutes a change in control under SEC rules.

Why It Matters
This 8‑K documents a formal change in control and management at TMGI: new leadership and an 80% voting block held by GetGolf’s designees mean the company’s strategic direction can shift quickly. TMGI has moved away from owning the Music of Your Life assets (transferred back to the Angells) and toward golf‑focused technology and course operations, which could change revenue sources and risks. Investors should note the ownership/voting shift, the cash consideration schedule, and that the filing also discloses extensive prior unregistered share issuances to satisfy convertible notes (Sep 2023–May 2024), which may be relevant to outstanding share count and dilution.