leadership
confidence high
sentiment neutral
materiality 0.85
Marquie Group sold to GetGolf.com; CEO Marc Angell replaced by Jeff Foster
Transglobal Management Group, Inc.
- Jeff Foster appointed Chairman and CEO; Kelly Kirchhoff appointed Director; Marc Angell becomes CFO/Treasurer/Secretary.
- GetGolf.com acquired 200 Series A Preferred shares (80% voting control) for $500,000 payable over 24 months.
- Marc and Jacquie Angell retained Music of Your Life IP; company acquired golf assets: Stand By Golf, Mountain Brook GC, Apache Creek.
- 666,700 common shares returned to treasury; Series A reissued to Foster (67) and Kirchhoff (133).
- Angell Note of $2M remains; service provider balances ~$44,400 assumed by new management.