Skip to main content

The Marquie Group Receives SEC Approval For S-1 Registration

Written by Customer Service on . Posted in Public Companies.

ST. PETERSBURG, FL, March 17, 2023 (GLOBE NEWSWIRE) — via NewMediaWire — The Marquie Group, Inc. (OTCMKTS:TMGI) (“The Marquie Group” “TMGI” or the “Company”), today announced that its registration statement filed on Form S-1 in October 2022, has been approved by the Securities and Exchange Commission (the SEC) and is now effective.

The Company will receive proceeds from the sale of securities pursuant to a $5,000,000 (five million dollar) Equity Commitment Agreement entered into with Florida based investment group, MacRab. Under the terms of the prospectus, the shares registered are comprised of 75,000,000 common shares priced at $0.01 with a potential maximum of 500,000,000 shares that may be issued under the Agreement.

The Marquie Group CEO Marc Angell said, “Approval of the S-1 is a turning point for the Company which will provide us with the capital necessary to increase sales of our Whim product line through multiple advertising channels. Our goal is to lower customer acquisition costs and increase product awareness while improving profit margins.” Adding, “Proceeds from the S-1 will also give us the opportunity to bring additional unique, and exciting new products to market in an expedited time frame.”

The company’s subsidiary, Simply Whim has created a premium line of skin care products called Whim, using multi-active ingredients with multi-benefits for the skin. They’ve included the latest ingredient technologies as well as tried and true favorites by isolating plant-based ingredients from both land & sea, all with a skin care purpose. The line is rich in peptides, antioxidant vitamins, amino acids, alpha hydroxy acids, and more. With a marketing banner, “Age is not a skin type”, driving the message that your chronological age does not define how your skin ages, rather, the way you treat your skin through your lifestyle choices does. A daily regimen of Whim products combined with a good diet, exercise, and healthy habits will help keep you looking young and healthy.

About The Marquie Group

The Marquie Group, Inc. is a sales and marketing company with several products under exclusive licensing agreement, and an equity stakeholder in Simply Whim, a health and beauty product development company with several products in the marketplace sold under the Whim® brand. The full line of Whim products can be found at simplywhim.com. The company also sells the Whim products using radio commercials delivered by its wholly owned subsidiary, Music of Your Life, a nationwide syndicated radio network. Music of Your Life is heard around the country on terrestrial radio stations, and around the world over the Internet at musicofyourlife.com. Music of Your Life is the nation’s longest running syndicated music radio service.

Forward-Looking Statements

This press release may contain certain forward-looking statements regarding future circumstances. These forward-looking statements are based upon the Company’s current expectations and assumptions and are subject to various risks and uncertainties that could cause actual results to differ materially from those contemplated in such forward-looking statements. Actual results, events, and performance may differ. Readers are cautioned not to place undue reliance on these forward-looking statements, which speak only as to the date hereof. The Company undertakes no obligation to release publicly any revisions to these forward-looking statements that may be made to reflect events or circumstances after the date hereof or to reflect the occurrence of unanticipated events. The inclusion of any statement in this release does not constitute an admission by the Company or any other person that the events or circumstances described in such statements are material.

This press release does not constitute an offer to sell or the solicitation of an offer to buy any securities, and shall not constitute an offer, solicitation, or sale in any jurisdiction in which such offer, solicitation, or sale would be unlawful prior to registration or qualification under the securities laws of that jurisdiction. Any offers, solicitations or offers to buy, or any sales of securities will be made in accordance with the registration requirements of the Securities Act of 1933, as amended.

Investor and Media Inquiries
Marc Angell, CEO
marc@themarquiegroup.com

Disclaimer & Cookie Notice

Welcome to GOLDEA services for Professionals

Before you continue, please confirm the following:

Professional advisers only

I am a professional adviser and would like to visit the GOLDEA CAPITAL for Professionals website.

Important Notice for Investors:

The services and products offered by Goldalea Capital Ltd. are intended exclusively for professional market participants as defined by applicable laws and regulations. This typically includes institutional investors, qualified investors, and high-net-worth individuals who have sufficient knowledge, experience, resources, and independence to assess the risks of trading on their own.

No Investment Advice:

The information, analyses, and market data provided are for general information purposes only and do not constitute individual investment advice. They should not be construed as a basis for investment decisions and do not take into account the specific investment objectives, financial situation, or individual needs of any recipient.

High Risks:

Trading in financial instruments is associated with significant risks and may result in the complete loss of the invested capital. Goldalea Capital Ltd. accepts no liability for losses incurred as a result of the use of the information provided or the execution of transactions.

Sole Responsibility:

The decision to invest or not to invest is solely the responsibility of the investor. Investors should obtain comprehensive information about the risks involved before making any investment decision and, if necessary, seek independent advice.

No Guarantees:

Goldalea Capital Ltd. makes no warranties or representations as to the accuracy, completeness, or timeliness of the information provided. Markets are subject to constant change, and past performance is not a reliable indicator of future results.

Regional Restrictions:

The services offered by Goldalea Capital Ltd. may not be available to all persons or in all countries. It is the responsibility of the investor to ensure that they are authorized to use the services offered.

Please note: This disclaimer is for general information purposes only and does not replace individual legal or tax advice.