The counters will remain on the transformed creature. Transforming only changes the characteristics of the object, but it remains the same object. So counters, equipment, auras, and other effects being applied remain on the object (provided it's legal to do so).
Private Mod Note
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Rollback Post to RevisionRollBack
DCI Level 2 Judge
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If I activated a Gavony Township with a Reckless Waif on board and then it flips what happens to the +1/+1 counter?
Decks
Standard [Inn-RTR, M14]
Retired: Grixis Control 15-1
UR Pyromancer 4-0
3-Color White Spirits
Goblins
G/W Hate
MBC