Transglobal Management Group files draft information statement for SEC review
TMGI•Share authorization amendment
Transglobal Management Group shareholders authorized an amendment and restatement to lift authorized common stock to 20,000,000,000 shares from 5,000,000,000.
Purpose of the expanded authorization
The expanded authorization positions the company to issue additional common stock for financing or corporate purposes, including compensation or debt settlements.
Current capitalization and voting power
The company had 492,829,662 common shares outstanding as of Aug. 6, 2026, alongside 200 shares of Series A preferred stock.
The Series A preferred stock carries 80% of total voting power on a fully diluted basis; Jeff Foster holds 128 shares and Kelly L. Kirchhoff holds 72.
