Transglobal Management Group, Inc 8-K, filed Jun 5, 2025
Transglobal Management Group, Inc. (TMGI)
About this 8-K
Transglobal Management Group, Inc filed this 8-K on June 5, 2025, reporting on events of June 4, 2025.
Items reported
- Item 4.01: Change of auditor
- Item 9.01: Financial statements and exhibits
UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
FORM
CURRENT REPORT
Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934
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Item 4.01 Changes in Registrant’s Certifying Accountant.
On June 4, 2025, The Marquie Group, Inc. (the “Company”) decided the change audit firms, and notified its current auditor, Olayinka Oyebola & Co. (“Olayinka”) of this decision.
On June 4, 2025 the Company engaged and executed an agreement with LAO Professionals CPAs (“LAO”), as the Company’s new independent accountant to replace Olayinka.
The board of directors of the Company, acting as the audit committee, approved the decision to change independent accountants.
During the quarters ended February 28, 2025 and November 30, 2024, the Company had no disagreements (as defined in Item 304(a)(1)(iv) of Regulation S-K and the related instructions to Item 304 of Regulation S-K) with Olayinka on any matter of accounting principles or practices, financial statement disclosure or auditing scope or procedures, which disagreements, if not resolved to the satisfaction of Olayinka would have caused Olayinka to make reference thereto in connection with its report.
During the quarters ended February 28, 2025 and November 30, 2024 the Company did not experience any reportable events (as defined in Item 304(a)(1)(v) of Regulation S-K), except that management of the Company discussed with Olayinka the continued existence of material weaknesses in the Company’s internal control over financial reporting.
The Company requested Olayinka to furnish it with a letter addressed to the SEC stating whether or not Olayinka agrees with the above statements and, if it does not agree, the respects in which it does not agree. A copy of the letter, dated May 27, 2025 is filed as Exhibit 16.1 to this current report on Form 8-K.
During the Company’s quarters ended February 28, 2025 and November 30, 2024 neither the Company nor anyone on the Company’s behalf consulted with Olayinka regarding any of the following:
(i) either the application of accounting principles to a specified transaction, either completed or proposed, or the type of audit opinion that might be rendered on the Company’s financial statements, and neither a written report nor oral advice was provided to the Company that Olayinka concluded was an important factor considered by the Company in reaching a decision as to any accounting, auditing, or financial reporting issue; or
(ii) any matter that was either the subject of a disagreement (as defined in Item 304(a)(1)(iv) of Regulation S-K and the related instructions to Item 304 of Regulation S-K) or a reportable event (as defined in Item 304(a)(1)(v) of Regulation S-K).
Item 9.01 Financial Statements and Exhibits.
(d) Exhibits.
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Exhibit No. |
Description | |
| 16.1 | Letter from Olayinka Oyebola & Co. | |
| 104 | Cover Page Interactive Data File (embedded within the Inline XBRL document). |
| 2 |
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.
| The Marquie Group, Inc. | |||
| Date: June 5, 2025 | By: | /s/ Marc Angell | |
| Name: | Marc Angell | ||
| Title: | Chief Executive Officer | ||
| 3 |
Exhibit 16.1
June 4, 2025
Securities and Exchange Commission
Washington, D.C. 20549
Ladies and Gentlemen:
We were previously contracted as the auditors of The Marquie Group, Inc. (the Company) and performed financial statement reviews for the periods ended August 31, 2024 (Q1 FY 2025) and November 30, 2024 (Q2 FY 2025), and February 28, 2025 (Q3 FY 2025). On June 4, 2025, we were dismissed. We have read the Company’s statements included under Item 4.01 of its Form 8-K dated May 27, 2025, and we have no basis to agree or disagree with other statements of the Company in the filing.
Very truly yours,
Olayinka Oyebola & Co. CPAs