Home / Going-concern warnings / Transglobal Management Group, Inc.

4/5Transglobal Management Group, Inc. (TMGI): Going-concern doubt

Filed 2026-01-20 路 Form 10-Q 路 Accession 0001683168-26-000422 nano

Market data

Price before filing: $0.07 (2026-01-16 close, split/dividend-adjusted)
Market cap at flag: $187,601 (2026-01-20) 路 Latest: $846 (2026-10-16)

What happened next

WindowTMGISPYvs SPY
30 days-7.3%-1.0%-6.2%2026-02-19
90 days-28.6%+2.7%-31.3%2026-04-20
180 days-99.4%+7.9%-107.2%2026-07-20

Return from the last close before the filing date to the first close on/after the window end. Pending windows have not fully elapsed. Past performance says nothing certain about the future.

Insider trading around this filing

90 days before the flag: no open-market insider sales or purchases reported.
30 days after: none reported.

Open-market purchases and sales (Form 4 codes P and S) by officers, directors and 10% owners, by transaction date, from 2025-10-22 to 2026-02-19. Excludes option exercises, grants, gifts and tax withholding. Amended filings replace the originals; joint filings count once. Foreign private issuers do not file Form 4. Many insider sales are pre-scheduled (10b5-1 plans) and are not by themselves a sign of wrongdoing.

Verified excerpt

"At November 30, 2025, the Company had negative working capital of $ 6,554,438 and an accumulated deficit of $ 20,382,265 . These factors raise substantial doubt regarding the Company's ability to continue as a going concern."

Quoted from the filing. Source

What this means

The filing states that substantial doubt exists about the company's ability to continue as a going concern: it may not have enough cash to last the next 12 months. Expect dilution, debt deals or worse. An auditor's going-concern paragraph is the strongest form of this warning.

Source: management disclosure in Form 10-Q (period 2025-11-30)

Why this score: quarterly (unaudited) disclosure; also within 90 days: Late quarterly report (NT 10-Q)

Read the original filing on SEC.gov →

Not investment advice. Automated summary; verify against the filing.

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