other material
confidence high
sentiment positive
materiality 0.70
Marquie Group settles $471.75K in convertible debt for $200K cash; cancels 529.9M warrants
Transglobal Management Group, Inc.
- Settled $308,750 Auctus notes and warrants for 529,875,000 shares for $150K cash.
- Settled $163,000 EMA notes for $50K cash.
- Total cash payout $200K extinguishes ~$471.75K face debt plus all conversion/exercise rights.
- Mutual releases granted; reserved shares to be returned to treasury.
- CEO Marc Angell signed both agreements.