Maximum offering up to 1,333,333,333 shares
This is a public offering of shares of common stock of The Marquie Group, Inc.
The total offering shall be for $10,000,000 with an offering price of $0.0075 per share, equaling maximum of 1,333,333,333 total shares. The Company’s shareholders have approved a reverse stock split of the common stock at a ratio of 1:400. The end date of the offering will be August 28, 2020. Investors may subscribe to the offering immediately, however, shares will not be delivered to a subscriber until the reverse stock split has been deemed effective by FINRA.
Our common stock currently trades on the OTC Pink market under the symbol “TMGI” and the closing price of our common stock on August 29, 2019 was $0.0001. Post reverse stock split, we anticipate that our stock will trade around $0.04 per share. Our common stock currently trades on a sporadic and limited basis.
We are offering our shares without the use of an exclusive placement agent. However, the Company reserves the right to retain one. upon the approval of any subscription to this Offering Circular, the Company shall immediately deposit said proceeds into the bank account of the Company and may dispose of the proceeds in accordance with the Use of Proceeds.
We expect to commence the sale of the shares as of the date on which the Offering Statement of which this Offering Circular is qualified by the Commission.
See “Risk Factors” to read about factors you should consider before buying shares of common stock.
Generally, no sale may be made to you in this offering if the aggregate purchase price you pay is more than 10% of the greater of your annual income or net worth. Different rules apply to accredited investors and non-natural persons. Before making any representation that your investment does not exceed applicable thresholds, we encourage you to review Rule 251(d)(2)(i)(C) of Regulation A. For general information on investing, we encourage you to refer to www.investor.gov.
The United States Securities and Exchange Commission does not pass upon the merits of or give its approval to any securities offered or the terms of the offering, nor does it pass upon the accuracy or completeness of any offering circular or other solicitation materials. These securities are offered pursuant to an exemption from registration with the Commission; however, the Commission has not made an independent determination that the securities offered are exempt from registration.
This Offering Circular is following the offering circular format described in Part II (a)(1)(ii) of Form 1-A.
Offering Circular Dated August 30, 2019
