Marc Angell returns as TMGI chairman/CEO as GetGolf control shares unwind after 90-day payment default

Transglobal Management Group, Inc.

Marc Angell, 68, appointed Chairman, CEO and President effective Sept 30, 2026 and holds all 200 Series A preferred shares carrying 80% of TMGI's voting power.
Jeff Foster resigned as Chairman, director and President; Kelly Kirchhoff resigned as CEO but stays a director until successor directors are seated under Rule 14f-1.
GetGolf.com LLC admitted missing required payments under the Jan 19, 2026 Amended Agreement and an uncured 90-day default; it surrendered 200 Control Shares (133 Foster, 67 Kirchhoff).
$292,500 in accrued purchase-agreement and consulting payments through Sept 1, 2026 remains owed with 50% contractual penalties; GetGolf's prior $180,000 initial payment is forfeited.
Jacquie Angell's $2,000,000 promissory note dated Sept 20, 2022 is preserved unmodified; GetGolf disclosed a $385,000 Square merchant advance in default, personally guaranteed by Foster.

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