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Friday, April 17th, 2026

Transglobal Management Group, Inc. (TMGI) Q3 2026 10-Q Report: Financial Results, Stockholder Equity, and Recent Developments




Transglobal Management Group, Inc. Q3 2026 Financial Results: Key Highlights for Investors

Transglobal Management Group, Inc. (formerly The Marquie Group, Inc.) Reports Third Quarter Fiscal 2026 Results

Key Points from the Q3 2026 Report

  • Company Name Change: The company is now Transglobal Management Group, Inc., previously known as The Marquie Group, Inc.
  • Quarter End: February 28, 2026
  • Stock Information: As of April 1, 2026, there were 11,589,180 shares of common stock (\$0.0001 par value) and 200 shares of preferred stock outstanding.
  • Reporting Status: The company has filed all required reports during the preceding 12 months and is a non-accelerated filer, smaller reporting company, and not a shell company.
  • Reverse Stock Split: A 1-for-1,000 reverse stock split was effected on June 5, 2025. All share numbers are retroactively adjusted.

Financial Highlights

  • Current Assets: Surged to \$792,384 as of February 28, 2026, from \$12,111 as of May 31, 2025. This jump is primarily attributable to an investment in an acquisition, which is itemized at \$3,700,000, suggesting a major new asset on the balance sheet.
  • Total Liabilities and Stockholders’ Equity: \$3,327,628 as of February 28, 2026, compared to \$6,258,964 as of May 31, 2025. This signals a substantial decrease in the company’s overall leverage or total capitalization.
  • Common Stock Outstanding: Increased dramatically from 4,212,498 shares (May 31, 2025) to 11,589,180 shares (February 28, 2026), reflecting significant equity activity including new issuances, share conversions, and acquisitions paid in equity.
  • Retained Earnings (Accumulated Deficit): The accumulated deficit widened to (\$22,070,171) by February 28, 2026, up from (\$15,811,938) at the previous fiscal year end.
  • Net Loss: For the nine months ended February 28, 2026, the company reported a net loss of (\$1,687,906), compared to (\$469,011) for the same period in the prior year. The loss for Q3 alone was (\$1,687,906).
  • Loss Per Share: For the nine months ended February 28, 2026, basic and diluted loss per share was (\$0.97), compared to (\$0.14) for the prior year period, reflecting the impact of both higher losses and increased share count.
  • Weighted Average Shares Outstanding: 3,001,616 basic/diluted for the current period vs. 3,332,735 for the prior year, again reflecting post-split and new issuances.

Shareholder and Market-Sensitive Updates

  • Major Equity Activities:
    • Standby Equity Agreement: The company issued 1,034,981 shares in Q2 and 186,512 shares in Q3 under a Standby Equity Agreement, raising \$10,532 and \$1,915, respectively, through these issuances. While the dollar amount is small, the share issuance is substantial post-split, diluting existing shareholders.
    • Debt Conversion: Large-scale conversion of debt to equity: 1,382,719 shares in Q2 and 3,719,414 shares in Q3 were issued for debt conversions. This is a significant event as it reduces balance sheet liabilities but increases the share count, with dilution risk for existing holders.
    • Acquisition-Related Issuance: 1,000,000 shares were issued for the acquisition of GetGolf, valued at \$100, but with a related line item showing a negative \$140,301 adjustment, indicating a markdown or adjustment in acquisition value, which could raise questions about the transaction’s valuation and execution.
    • Cashless Warrant Exercises: 144,045 shares were issued for cashless warrant exercises in Q3, further increasing the total share count.
  • Reverse Stock Split: The 1-for-1,000 reverse split reduced the number of outstanding shares but was followed by substantial new issuances, which have more than doubled the post-split count. Reverse splits are typically undertaken to boost share price but can be viewed negatively if followed by heavy dilution.
  • Investment Markdown: The company recorded a loss of \$3,700,000 on the markdown of investments for the nine months ended February 28, 2026. This non-cash charge is significant and may reflect over-valuation or impairment of recent acquisitions.
  • Operating Losses and Dilution: The combination of ongoing operating losses, investment markdowns, and significant dilution from new equity issuances and debt conversions could be price sensitive and may negatively affect share value if not offset by growth from new acquisitions or operational improvements.

Summary Table: Key Metrics

Metric Feb 28, 2026 May 31, 2025 Change
Current Assets \$792,384 \$12,111 +6,444%
Common Shares Outstanding 11,589,180 4,212,498 +175%
Net Loss (9 months) (\$1,687,906) (\$469,011) Wider Loss
Retained Deficit (\$22,070,171) (\$15,811,938) Widened
Investment Markdown (\$3,700,000) New

Potential Share Price Implications

  • The massive increase in current assets, primarily from an acquisition, shows the company is pursuing growth via M&A but the associated markdown calls into question the value generated from these deals.
  • Operating losses have accelerated, and the company’s deficit continues to widen, which is a negative signal barring a clear path to profitability.
  • Significant equity dilution has occurred post-reverse split, which could pressure the share price, especially as the proceeds raised from new share issuances appear small relative to the number of shares issued.
  • The conversion of debt to equity reduces leverage but further dilutes existing shareholders, while the markdown of investments hints at challenges in asset valuation and integration.
  • Investors should closely monitor the company’s ability to generate returns from its new investments and whether it can curb dilution and restore profitability.

Conclusion for Investors

Transglobal Management Group, Inc. is at an inflection point. The company’s Q3 2026 report reveals aggressive acquisition and capital restructuring activity, but the benefits are yet to be realized in profitability. The surge in assets comes with a concerning markdown, and significant dilution has occurred despite a recent reverse split. These developments are highly price sensitive and could negatively affect shareholder value unless the company can demonstrate tangible returns from its new investments and halt the expansion of its deficit. Investors are urged to watch future filings for updates on integration, revenue growth, and strategic rationale for recent equity and acquisition activity.


Disclaimer: This article is for informational purposes only and does not constitute investment advice. Investors should perform their own due diligence and consult with a qualified financial advisor before making any investment decisions. The information is based on the company’s SEC filings as of the date stated and may not reflect the most current developments.




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