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UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
FORM 8-K
CURRENT REPORT
Pursuant to Section 13 or 15(d) of the Securities
Exchange Act of 1934
Date of Report (Date of earliest event reported):
March 23, 2026
TRANSGLOBAL MANAGEMENT GROUP, INC.
(Exact Name of Registrant as Specified in Charter)
| Florida |
000-54163 |
26-2091212 |
| (State of Other Jurisdiction |
(Commission File |
(IRS Employer |
| Of Incorporation) |
Number) |
Identification No.) |
|
7901 4th Street North, Suite 4887
St. Petersburg, Florida |
33702 |
| (Address of Principal Executive Offices) |
(Zip Code) |
Registrant’s telephone number, including
area code: (602) 989-4653
Check the appropriate box below if the Form 8-K filing is intended
to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:
☐ Written communications pursuant to Rule 425 under the Securities
Act
☐ Soliciting material pursuant to Rule 14a-12 under the Exchange
Act
☐ Pre-commencement communications pursuant to Rule 14d-2(b) under
the Exchange Act
☐ Pre-commencement communications pursuant to Rule 13e-4(c) under
the Exchange Act
Indicate by check mark whether the registrant
is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the
Securities Exchange Act of 1934 (§240.12b-2 of this chapter).
Emerging growth company ☐
If an emerging growth company, indicate by check
mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting
standards provided pursuant to Section 13(a) of the Exchange Act. ☐
Item 5.02. Departure of Directors or
Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers.
On March 23, 2026, Jeff Foster resigned as the Chief
Executive Officer of Transglobal Management Group, Inc. (the “Company”) and was subsequently appointed as the Company’s
President. Mr. Foster will remain as the Company’s Chairman.
Also on March 23, 2026, Kelly Kirchhoff was appointed
as the Company’s Chief Executive Officer. Mr. Kirchhoff will remain a director of the Company.
Also, on March 23, 2026, Scott Carlston was appointed
as the Chief Financial Officer of the Company.
A summary of Mr. Foster, Mr. Kirchhoff and Mr. Carlston’s
background and experience is as follows:
Jeff Foster, age 69, President
and Chairman of the Board. Mr. Foster has more than 25 years of experience in entrepreneurial business development, operations,
and industry leadership across the automotive, telecommunications, hospitality, and golf sectors. Early in his career, Mr. Foster became
a licensed automobile wholesaler in the State of Florida and later founded and operated an independent cellular communications company
in Arizona during the expansion of mobile telecommunications in the 1980s. Mr. Foster has significant experience in the golf industry.
He is the founder of Arizona Fairways Magazine, which served as a regional golf publication and the Official Golf Guide of the Arizona
Golf Association. He also founded Arizona Golf and Travel, a business that developed marketing programs facilitating travel-related barter
arrangements between golf properties and advertisers. Mr. Foster served three terms as President of the Southwest Golf Media Association
from January 2016 to January 2018. In March 2007 Mr. Foster founded GETGOLF, a technology platform designed to facilitate tee-time access,
golf travel planning, and networking opportunities for golfers and course operators. He has served as Chief Executive Officer of GETGOLF
since its inception. On October 20, 2025, Mr. Foster was appointed Chairman of the Board and Chief Executive Officer of Transglobal Management
Group, Inc. Mr. Foster received an Associate Degree in Business from SCC in 1978. There are no family relationships between Mr. Foster
and any director or executive officer of the Company, and there are no arrangements or understandings pursuant to which he was selected
as a director. In addition, Mr. Foster has no direct or indirect material interest in any transaction requiring disclosure under Item
404(a) of Regulation S-K.
Kelly L. Kirchhoff, age
58, Chief Executive Officer and Director. is a business professional with over 36 years of experience spanning sales, marketing,
business management, and financial services. He began managing businesses in approximately July 1989 before transitioning into a career
as a Financial Consultant. Mr. Kirchhoff was associated with several financial services firms, including PaineWebber, UBS, and Stifel,
from approximately August 1996 to April 2010. During this period, his responsibilities included client advisory, portfolio management
and business development. During his tenure, Mr. Kirchhoff held licenses including Series 7,63,65. Mr. Kirchhoff has served as President
of JangIt Inc from June 2010 to the present and Digital Research Technology Inc. from April 2015 to the present. In these roles, his responsibilities
included overseeing strategic initiatives such as product development, capital raising and operational management. During his tenure,
these companies developed intellectual property, including a patent issued in March 2020, and conducted Phase I and Phase II product rollouts
in March 2012 and August 2021, and implemented technology initiatives, including artificial intelligence applications, in 2020. He also
participated in financing activities, including private placements and public offerings. Mr. Kirchhoff’s experience includes entrepreneurial
ventures, financial consulting, executive leadership, with a focus on capital markets, operations, and growth strategies. Mr. Kirchhoff
received an Associates Degree in Business Technology from Iowa Western in April 1988. There are no family relationships between Mr. Kirchhoff
and any director or executive officer of the Company, and there are no arrangements or understandings pursuant to which he was selected
as a director. In addition, Mr. Kirchhoff has no direct or indirect material interest in any transaction requiring disclosure under Item
404(a) of Regulation S-K.
Scott Carlston, age 54, Chief Financial Officer.
Mr. Carlston has over 30 years of experience in accounting and financial management. His background includes corporate finance, business
operations, capital formation, and consulting for both large and small organizations. Mr. Carlston has owned and operated businesses and
has provided financial consulting services across multiple industries. His experience includes participation in capital raising activities,
underwriting projects, and serving as a director of a nonprofit organization qualifying under Section 501(c)(3) of the Internal Revenue
Code. Since approximately January 2010, Mr. Carlston has served as Chief Financial Officer of Simple Products Corp., where he has overseen
financial operations and supported company growth initiatives. During his tenure, the company’s annual revenue increased from approximately
$3,000,000 to approximately $20,000,000 over a 3-year period. He also assisted in securing and expanding the company’s credit facilities
from approximately $2,500,000 to approximately $9,000,000. Mr. Carlston has been involved in acquisition and growth initiatives, including
financial analysis and transaction support. He has also worked with legal counsel in connection with securities offerings, including the
preparation of registration statements on Form S-1 and private placement memoranda. Mr. Carlston received a Bachelor of Science in Finance
from Utah State University in May 1996. There are no family relationships between Mr. Carlston and any director or executive officer of
the Company, and there are no arrangements or understandings pursuant to which he was selected as a director. In addition, Mr. Carlston
has no direct or indirect material interest in any transaction requiring disclosure under Item 404(a) of Regulation S-K.
Item 9.01. Financial Statements and Exhibits.
(d) Exhibits.
99.1 Press Release dated March 26, 2026
104 Cover Page Interactive Data File (embedded within the Inline
XBRL document).
SIGNATURE
Pursuant to the requirements
of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto
duly authorized.
| |
Transglobal Management Group, Inc. |
| |
|
|
| Date: March 26, 2026 |
By: |
/s/ Kelly L.
Kirchhoff |
| |
|
Kelly L. Kirchhoff |
| |
|
Chief Executive Officer |
Exhibit 99.1
Transglobal Management
Group, Inc. (TMGI)
Strengthens Leadership and Board in Preparation for Uplisting
Scottsdale, Arizona - March 26, 2026 - Transglobal
Management Group, Inc. (“TMGI” or the “Company”) (OTCID: TMGI) today announced key executive appointments and
a restructuring of its Board of Directors as part of its strategic initiative to pursue an uplisting to the OTCQB Market.
Jeff Foster, Chairman of TMGI, stated: “As we
prepare for our anticipated transition to the OTCQB, we have implemented several strategic leadership enhancements. We are pleased to
appoint seasoned financial executive Scott Carlston as Chief Financial Officer and to name current board member Kelly Kirchhoff as Chief
Executive Officer. These appointments position our leadership team to focus on strengthening our public company infrastructure, while
I dedicate my efforts to expanding our golf operations, including acquisitions and tee-time platform growth.”
Newly appointed Chief Executive Officer Kelly Kirchhoff
added: “I am honored to assume the role of CEO and grateful for Jeff’s confidence. I look forward to executing on the Company’s
vision of building a family-friendly golf resort platform and driving sustainable, long-term value for our shareholders.”
Operational Performance
Stand-By Golf continues to demonstrate strong performance,
driven by customer retention, expanding course partnerships, and increased utilization across its platform. The Company remains encouraged
by this trajectory and its growing contribution to TMGI’s overall strategy.
Strategic Outlook
TMGI expects Stand-By Golf to play a central role
in its long-term growth strategy, which includes:
| · | Building scalable, technology-enabled platforms |
| · | Expanding recurring and predictable revenue streams |
| · | Leveraging cross-promotional synergies across
golf, hospitality, and media assets |
| · | Enhancing customer acquisition and lifetime value
through integrated offerings |
About Transglobal Management Group, Inc.
Transglobal Management Group, Inc. (OTCID: TMGI) is
a publicly traded company focused on building shareholder value through strategic acquisitions and operational growth across golf, leisure,
hospitality, and technology-enabled services. Following its acquisition of GETGOLF, LLC, TMGI has expanded its footprint as a diversified
platform operating at the intersection of sports, travel, and digital commerce.
About Stand-By Golf
Stand-By Golf is an established golf reservation platform
with over 37 years of operating history. The platform offers golfers 20% to 60% savings on tee times at more than 200 championship-caliber
courses across key markets, including Phoenix/Scottsdale, Palm Springs, and Las Vegas. Stand-By Golf provides flexible booking options,
premium course access, and high-quality rental equipment, serving golfers of all skill levels.
About GETGOLF, LLC
GETGOLF is an emerging international, next-generation golf platform that
integrates real-time tee-time booking, travel planning, social networking, and other services to connect golfers and courses worldwide.
Exciting new developments are in progress ahead of its scheduled launch in the third quarter of 2026.
Cautionary Disclosure About Forward-Looking Statements
The information contained in this press release does
not constitute an offer to sell or solicit an offer to buy securities of Transglobal Management Group, Inc., fka, The Marquie Group, Inc.,
ticker symbol: TMGI (the “Company”). This publication contains forward-looking statements, which are not guarantees of future
performance and may involve subjective judgment and analysis. As such, there are no assurances whatsoever that the Company will meet its
expectations with respect to its future revenues, sales volume, becoming cash flow positive, ARR or RMR. The information provided herein
is believed to be accurate and reliable, however the Company makes no representations or warranties, expressed or implied, as to its accuracy
or completeness. There is no guarantee that the Company will achieve operational cash flow positive status. The Company has no obligation
to provide the recipient with additional updated information. No information in this press release should be interpreted as any indication
whatsoever of the Company’s future revenues, results of operations, or stock price.
Investor Relations
Transglobal Management Group, Inc.
Email: press@tmgius.com
Website: www.standbygolf.com
