THE VANDERBILT REPORT | Equity Research & Investor Intelligence | Bristol, TN
Stand-By Golf Posts 70% Sequential Revenue Surge as Transglobal Management Group Targets OTCQB Uplisting and Primes GETGOLF for Q4 Launch
Q3 gross revenues reach approximately $450,000 — the platform’s strongest quarterly performance on record — as TMGI executes a purposeful leadership restructure and advances a multi-platform strategy across golf, hospitality, and digital commerce
Bristol, TN — The Vanderbilt Report issues the following market commentary on Transglobal Management Group, Inc. (OTCID: TMGI), following the Company’s disclosure of third fiscal quarter results for the period ended February 28, 2026.
Stand-By Golf, TMGI’s wholly owned golf reservation subsidiary, generated approximately $450,000 in gross revenues during the quarter — an increase of nearly 70% compared to the prior quarter and the platform’s strongest quarterly performance on record. The result reflects a business that is not merely growing, but accelerating, with customer retention, course partnership expansion, and platform utilization all cited by management as contributing factors.
For investors who have been tracking TMGI’s strategic repositioning over the past 12 months, this quarter’s result is the clearest financial confirmation yet that the operational thesis is converting.
A 37-Year Platform Finding New Velocity
Stand-By Golf is not a startup. With more than 37 years of operating history, the platform enters this growth phase with infrastructure that most early-stage technology companies spend years building: established relationships with 200+ championship-caliber courses across the Phoenix/Scottsdale, Palm Springs, and Las Vegas corridors; a proven consumer value proposition delivering 20% to 60% savings on tee times; and a repeat customer base with demonstrated booking behavior.
What TMGI has layered on top of that foundation is strategic capital allocation, expanded technology integration, and a broader platform vision that transforms Stand-By Golf from a regional reservation utility into an anchor asset within a golf, hospitality, and digital commerce ecosystem.
“Stand-By Golf continues to deliver exceptional performance, driven by strong customer retention, expanding course partnerships, and increasing utilization across our platform. We are encouraged by the trajectory of the business and its growing contribution to TMGI’s overall strategy.” — Jeff Foster, Chairman, Transglobal Management Group, Inc.
The 70% sequential revenue increase is particularly significant given that the prior quarter was not a soft comparable. This is acceleration off an already-improving baseline — the pattern of a business with genuine demand expansion at its core.
Leadership Restructured for the Next Phase
Five days before this earnings disclosure, TMGI announced a purposeful restructuring of its executive leadership — one that speaks directly to where management believes the Company is heading. Kelly Kirchhoff was appointed Chief Executive Officer, Jeff Foster transitioned to President and Chairman, and Scott Carlston was named Chief Financial Officer.
The strategic rationale is clear: preparation for an uplisting to the OTCQB Market — a governance and transparency milestone that represents a meaningful step up from the current OTCID Basic Market listing and opens the Company’s shareholder base to a broader universe of investors. OTCQB-listed companies are subject to enhanced reporting standards, current information requirements, and annual certification, all of which improve market visibility and investor confidence in small-cap names.
Foster’s role shift reflects a deliberate allocation of the Company’s most operationally experienced executive toward its highest-leverage opportunity: acquisitions, course partnership expansion, and tee-time platform growth. With an experienced CFO managing financial infrastructure and Kirchhoff leading day-to-day operations, TMGI’s leadership team is executing the right steps, in the right sequence, as the Company positions itself for the OTCQB listing review.
GETGOLF: The Platform Multiplier
The Stand-By Golf revenue story is compelling on its own terms. What makes TMGI’s setup materially more interesting for investors looking beyond the next quarter is the GETGOLF platform — an internationally focused, next-generation golf technology asset acquired by TMGI and currently in pre-launch development ahead of a scheduled Q4 2026 release.
Where Stand-By Golf is a proven, cash-generating regional reservation business, GETGOLF is architectured for a fundamentally different opportunity: a globally connected platform integrating real-time tee-time booking, travel planning, and social networking for golfers and courses worldwide. The two platforms are complementary — one generates current revenue, the other positions TMGI for a significantly expanded total addressable market.
The global golf market was valued at approximately $84 billion in 2023 and is projected to grow at roughly 5% annually through the end of the decade, driven by international expansion in Asia-Pacific and the Middle East, growing participation in the 18–35 demographic, and the emergence of technology-enabled course discovery and booking as standard consumer behavior. GETGOLF is built for that version of the market.
TMGI At-a-Glance
Ticker: OTCID: TMGI
Shares Outstanding: ~10.6 million (as of March 2, 2026)
Q3 FY2026 Revenue (Stand-By Golf): ~$450,000 (~70% QoQ growth)
Operating Footprint: 200+ courses across Phoenix/Scottsdale, Palm Springs, Las Vegas
Platform History: 37+ years of Stand-By Golf operating history
Uplisting Target: OTCQB Market (in process)
Next Major Catalyst: GETGOLF platform launch, Q4 2026
Leadership: Kelly Kirchhoff (CEO), Jeff Foster (Chairman/President), Scott Carlston (CFO)
Why The Vanderbilt Report Is Watching TMGI
The setup across TMGI’s current operating picture reflects several compounding elements that reward sustained attention.
A 70% sequential revenue increase at Stand-By Golf is a business finding its stride with a model that carries structurally low customer acquisition costs — golfers who book once and experience the value proposition return. That behavioral dynamic, combined with continued course partnership expansion, gives the revenue trajectory durable underpinning that compounds with scale.
The OTCQB uplisting initiative is a governance upgrade with practical market consequences. Companies that complete an OTCQB uplisting routinely benefit from expanded investor eligibility, improved market maker participation, and enhanced visibility with retail-facing research platforms. The leadership restructuring executed in advance of that process reflects a management team that understands how institutional investors evaluate small-cap readiness — and is building accordingly.
GETGOLF’s Q4 2026 launch timeline delivers a clear near-term catalyst with optionality not yet reflected in a platform currently valued on Stand-By Golf’s standalone metrics. If GETGOLF delivers on its international positioning — real-time booking, travel integration, and social networking for a global golfer base — TMGI’s addressable market expands by an order of magnitude relative to its current regional footprint.
Investors are encouraged to conduct their own due diligence and review the Company’s public disclosures available at www.standbygolf.com and through OTC Markets.
As with all OTC-listed equities, investment in TMGI involves inherent risks including price volatility, limited liquidity, and the possibility of loss of principal. Forward-looking statements are subject to risks and uncertainties that could cause actual results to differ materially. This report does not constitute investment advice. Please see the full disclosure statement below.
IMPORTANT DISCLOSURES
About The Vanderbilt Report: The Vanderbilt Report (AB Holdings LLC) is an independent financial communications platform providing analysis and market commentary on publicly traded companies, with a focus on small-cap and micro-cap equities. The Vanderbilt Report is based in Bristol, Tennessee.
Risk Warning: Investing in OTC and micro-cap equities involves significant risk, including the possible loss of the entire investment. Companies discussed herein may face capital constraints, listing compliance requirements, or adverse business developments. Past performance is not indicative of future results.
Data sourced from Transglobal Management Group, Inc. press releases dated March 31, 2026 and March 26, 2026; OTC Markets Group disclosures; SEC Form S-1 filed February 2026; and GlobeNewswire public releases. Shares outstanding as of March 2, 2026 per SEC filing. All figures accurate as of the date of publication: March 31, 2026.
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Jake Rivers
The Vanderbilt Report
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