Transglobal Management Group, Inc.

Transglobal Management Group, Inc. has terminated its agreement to acquire substantially all of the assets of the Apache Creek Golf Course business. The company was unable to secure the necessary financing to satisfy the remaining purchase price obligations. Consequently, the seller will retain the $200,000 deposit previously paid, which Transglobal expects to recognize as a loss.

On June 15, 2026, Jeff Foster acquired 61 shares of Series A Preferred Stock from Kelly Kirchhoff, shifting voting control of Transglobal Management Group to Mr. Foster. Following the transaction, Mr. Foster beneficially owns 128 shares and Mr. Kirchhoff owns 72 shares, comprising all issued Series A Preferred Stock. Despite the change in control, there were no immediate changes to the company's officers or directors, with both individuals retaining their current roles.

Transglobal Management Group, Inc. (TMGI) completed the acquisition of Continuum Software Technologies, Inc. (CSTI) on March 20, 2026. TMGI acquired all outstanding shares of CSTI in exchange for 50,645,000 shares of TMGI common stock. CSTI offers a cloud-based golf management software platform, which TMGI intends to market to large golf operators in the U.S. The issuance of shares was exempt from SEC registration, and the transaction is intended to be a tax-free reorganization.

Transglobal Management Group, Inc. (TMGI) entered into agreements to acquire substantially all assets of the Apache Creek Golf Course business for a total purchase price of $2.5 million. The acquisition includes tangible and intangible assets, enabling TMGI to operate the business as a going concern. Ownership transferred upon an initial $200,000 deposit, with remaining payments of $300,000 due by April 30, 2026, and $2,000,000 by June 30, 2026. The agreements include a clause where assets revert to the seller if payment obligations are not met.

Transglobal Management Group, Inc. (TMGI) reported a substantial increase in its financial position for the quarter ended February 28, 2026. Cash and cash equivalents surged to $349,224, a significant rise from $1,071 reported in May 2025. This contributed to total current assets soaring to $792,384, bolstered by a new prepaid investment of $405,000 and increased accounts receivable.

Transglobal Management Group, Inc. (TMGI) reported a significant increase in its financial position for the quarter ended February 28, 2026. The company's cash and cash equivalents surged to $349,224 from $1,071, contributing to a substantial rise in total current assets to $792,384 from $12,111. Additionally, TMGI reported a new prepaid investment of $405,000, while its investment in acquisition decreased to $2.5 million.