secwatch.observer — SEC 8-K summary
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Issuer:     Transglobal Management Group, Inc. (TMGI)
CIK:        0001434601
Form:       8-K
Filed at:   2026-10-02T00:14:36+00:00
Accession:  0001683168-26-007548
Event type: leadership
Sentiment:  neutral
Materiality: 0.70
Item codes: 1.01, 5.02, 1.02, 3.02, 5.01, 9.01
LLM model:  deepseek-v4.1-flash:cloud@v2

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

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1434601/000168316826007548/0001683168-26-007548-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1434601/000168316826007548/tmgi_8k.htm
  HTML page:      https://secwatch.observer/filing/0001683168-26-007548

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