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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Emerging growth company
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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.
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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).
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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 | ||
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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.
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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: [email protected]
Website: www.standbygolf.com
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