8-K: Marquie Group Undergoes Control Change, Appoints New CEO

The Marquie Group, Inc. announced a change of control, appointing Jeff Foster as Chairman and CEO following the transfer of majority voting securities to GETGOLF, LLC.

Summary

• A change of control has occurred for The Marquie Group, Inc. following the transfer of a majority of its voting securities to GETGOLF, LLC.
• Jeff Foster has been appointed Chairman of the Board and Chief Executive Officer, effective immediately, succeeding Marc Angell.
• The Board of Directors has been expanded to include Kelly Kirchhoff as a new Director, effective immediately.
• This change follows the successful completion of remaining closing items related to a Stock Purchase Agreement dated September 18, 2025.
• The Marquie Group recently acquired GETGOLF, including its subsidiaries: Mountain Brook Golf Club, Apache Creek Golf Club, and Stand-by-Golf.
• These acquired businesses collectively generate annual gross revenues of more than $8 million, with nearly $2 million in estimated and unaudited profit.
• Marc Angell, the outgoing CEO, will transition into a consulting role for the company.

Sentiment

Score: 8

Explanation: The filing announces a successful change of control, a strategic acquisition bringing significant new revenue and profit, and the appointment of experienced new leadership, all of which are strong positive developments for the company.

Positives

• Successful completion of the change of control and the acquisition of GETGOLF, LLC, marking a strategic expansion into the golf and hospitality industry.
• Appointment of Jeff Foster as the new Chairman and CEO, bringing new leadership and a track record of success in the golf industry.
• The acquired GETGOLF subsidiaries (Mountain Brook Golf Club, Apache Creek Golf Club, and Stand-by-Golf) contribute over $8 million in annual gross revenues and nearly $2 million in estimated profit.
• Expansion of the Board of Directors with the appointment of Kelly Kirchhoff, potentially strengthening governance and strategic oversight.
• Outgoing CEO Marc Angell will remain in a consulting role, providing continuity and support during the transition.

Risks

• Forward-looking statements are not guarantees of future performance and may involve subjective judgment and analysis.
• There are no assurances that the Company will meet its expectations with respect to future revenues, sales volume, becoming cash flow positive, ARR, or RMR.
• No guarantee exists that the Company will achieve operational cash flow positive status.
• The information provided is believed to be accurate and reliable, however, no representations or warranties, expressed or implied, are made as to its accuracy or completeness.

Future Outlook

The Company looks forward to building on its foundation and pursuing new strategic opportunities under GETGOLF leadership, with the next phase including new management and a change in control of the company.

Management Comments

• "I thank Marc Angell for his leadership, and invaluable contributions to TMGI and the transition process. We look forward to building on the Company’s foundation and pursuing new strategic opportunities under the GETGOLF leadership with Marc in a consulting role." Jeff Foster, newly appointed Chairman and CEO.
• "Jeff and his team have built an extraordinary company that’s redefining the golf industry, and I couldn’t be more excited to help usher in this new era for TMGI. Jeff’s track record of success and the respect he’s earned both on and off the course make this a huge win for our shareholders. We’re thrilled to have closed such a complex deal so quickly and smoothly." Marc Angell, outgoing CEO.

Industry Context

The acquisition signifies The Marquie Group's strategic entry into the golf and hospitality industry, aligning with broader trends of diversification and consolidation within leisure and entertainment sectors. This move positions the company to capitalize on the established market of golf clubs and related services, potentially leveraging the expertise of GETGOLF's leadership.

Comparison to Industry Standards

• Specific comparable companies, projects, or results are not provided in the filing to assess the acquired businesses' $8 million revenue and $2 million profit against global industry benchmarks.

Management Changes

Corporate Governance

Stakeholder Impact

• Shareholders: Potential for increased value due to new strategic direction, significant new revenue and profit from acquired assets, and experienced new leadership.
• Employees: New management and leadership under GETGOLF may lead to operational changes and integration efforts.
• Customers: The company is expanding into the golf and hospitality industry, potentially offering new services or experiences through the acquired golf clubs.

Next Steps

• Building on the Company's foundation and pursuing new strategic opportunities under GETGOLF leadership.
• New management will take over the company's operations.
• All corporate filings and updates related to this transition will be made available through the Company’s public disclosure channels, including SEC filings and OTC Markets disclosures.

Key Dates

Recommendation

The successful change of control, coupled with the acquisition of GETGOLF and its profitable subsidiaries, represents a significant positive catalyst for The Marquie Group. The new leadership, particularly Jeff Foster as Chairman and CEO, brings a strong track record and clear strategic direction for growth in the golf and hospitality sector. The immediate addition of over $8 million in annual gross revenues and nearly $2 million in estimated profit from the acquired assets provides a solid financial foundation for future expansion. This strategic pivot and leadership change are expected to drive substantial shareholder value.

Keywords

Marquie Group, GETGOLF, Change of Control, CEO Appointment, Golf Industry, Acquisition, TMGI, Corporate Governance, Jeff Foster, Marc Angell, Kelly Kirchhoff