---
schema_version: "secwatch.filing_event.v1"
accession: "0001712543-22-000106"
form_type: "8-K"
ticker: "TMGI"
cik: "0001434601"
company_name: "Transglobal Management Group, Inc."
filed_at: "2022-07-27T23:59:59+00:00"
generated_at: "2026-06-24T08:06:03.545214+00:00"
event_type: "debt"
sentiment: "negative"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# Marquie Group issues $38,880 convertible note at 12% with warrant for 776M shares

## Summary
- Issued convertible promissory note with face amount $38,880 to Quick Capital, LLC for net proceeds of $32,500 after legal fees.
- Note bears 12% interest, matures in 12 months, convertible at lower of $0.00005 or 50% of lowest trading price over prior 10 days.
- Also issued warrant to purchase 776,000,000 shares of common stock as additional consideration.
- Company has 16.19B shares outstanding; note and warrant could cause significant dilution.
- Transaction exempt from registration under Section 4(a)(2) and Rule 506(b); noteholder is accredited investor.

## SEC filing metadata
- accession: 0001712543-22-000106
- form_type: 8-K
- ticker: TMGI
- cik: 0001434601
- company_name: Transglobal Management Group, Inc.
- filed_at: 2022-07-27T23:59:59+00:00
- event_type: debt
- sentiment: negative
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 1.01, 2.03, 3.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1434601/000171254322000106/0001712543-22-000106-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1434601/000171254322000106/f8k_tmgi07272022.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001712543-22-000106
- JSON: https://secwatch.observer/filing/0001712543-22-000106.json
- Plain text: https://secwatch.observer/filing/0001712543-22-000106.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.