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Target Group Inc. (CBDY)

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Last Post: 10/18/2018 9:28:10 AM - Followers: 35 - Board type: Free - Posts Today: 1

Canary RxNEW MARIJUANA COMPANY

Due Diligence
Late-Stage ACMPR applicant Canary enters 'active review' with Health Canada

News from Canary Rx Website

AMPLE ORGANICS, SEED TO SALE EXPERTS 6/13/18

CANARY PROGRESSES TO ACTIVE REVIEW 3/26/18

CANARY HAS OFFICIALLY REBRANDED 12/16/17

Merger Deal

Share Exchange 25.5 mil of CBDY in exchange for Visava 100% interest in Canary Rx Inc.
Before Merger March 31, 2018   25,960,339 Total Shares Outstanding

Transfer Agent Verified 60,651,342 Total Shares Outstanding as of 09/01/2018

Emerging Growth Article

Capital Structure / Conversions

The company has 20 billion shares authorized but went through a reverse stock split and cleaned up the corporation in 2016 and shrunk the share count down to 35,645 shares.  As of March 31, 2018, the company currently has 25,960,339 shares issued and outstanding.  Of that 17,872,812 is owned by CEO Rubin Schindermann and Alexander Starr which represents 68% of the outstanding shares.  This leaves 8,087,527 shares in the potential float. At the end of 2017 the number of shares converted was 1,922,094 and 96,094 for advisory services.  In 2018 5,156,932 shares were converted for $21,518 representing a conversion price of $.00417. This means that 3-4 people have concentrated control of 7,175,120 shares of the float and that 912,407 shares represent the small investors float. Subsequent events show an additional 500,000 shares were issued to a consultant in April 2018 which could mean that some sort of reverse merger is coming into this company.    


CBDY Share Structure verified by VStock Transfer LLC as of 09/01/2018. *The information above is outdated.*

Authorized Shares
20,000,000,000 as of 09/01/2018 *Note: The company has filed a Schedule 14C to reduce the authorized shares from 20 billion to 850 million effective September 24, 2018)*
Outstanding Shares
60,651,342 as of 09/01/2018

CBDY Convertible Promissory Notes for 2018/2019 (Information pulled from the last 10Q provided on 08/14/2018)
https://www.otcmarkets.com/filing/html?id=12918514&guid=L1HEUKZ9tNVrm3h

- Issued on May 5, 2017 amounting to $23,000 - maturity date August 20, 2018 

- Issued on November 28, 2017 amounting to $33,000 - maturity date September 10, 2018 

- Issued on January 16, 2018 amounting to $28,000 - maturity date October 30, 2018 

- Issued on January 31, 2017 amounting to $33,000 - maturity date November 5, 2018 

- Issued on May 19, 2016 amounting to $75,000 - maturity date November 18, 2018 

- Issued on May 13, 2016 amounting to $75,000 - maturity date January 13, 2019 

- Issued on March 1, 2016 amounting to $150,000 each to two investors (Notes B and C) 

The key terms/features of the convertible notes are as follows: 

1. The Holders have the right from six months after the date of issuance, and until any time until the Notes are fully paid, to convert any outstanding and unpaid principal portion of the Notes, into fully paid and non–assessable shares of Common Stock (par value $.0001). 

2. The Notes are convertible at a fixed conversion price of 45% of the lowest trading price of the Common Stock as reported on the OTC Pink maintained by the OTC Markets Group, Inc. upon which the Company’s shares are currently quoted, for the four (4) prior trading days including the day upon which a Notice of Conversion is received by the Company. 

3. Interest on the unpaid principal balance of this Note shall accrue at the rate of twenty-four (24 %) per annum. 

4. Beneficial ownership is limited to 4.99%. 

5. The Notes may be prepaid in whole or in part, at any time during the period beginning on the issue date and ending on the maturity date September 1, 2018, beginning at 100% of the outstanding principal, accrued interest and certain other amounts that may be due and owing under the Notes. 

During January and March 2018, the Company issued 2,764,706 (post reverse split) shares of common stock to Rubin Schindermann and Alexander Starr each in consideration of previously unpaid management compensation. The shares were issued at a price of $0.012 and $0.017 per share in January and March 2018 respectively. 

During the quarter ended June 30, 2018, the Company issued 3,140,506 shares of common stock to individuals on conversion of convertible promissory notes amounting to $47,826 and 500,000 shares were issued as consideration for consulting services amounting to $22,500. 

During the six months ended June 30, 2018, the Company issued 2,500,000 shares of common stock to the note holder for settlement of debt. See Note 5 in the unaudited condensed financial statement for detail. 
High Times
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CBDY News: Current Report Filing (8-k) 10/01/2018 12:33:43 PM
CBDY News: Amended Current Report Filing (8-k/a) 09/13/2018 02:47:02 PM
CBDY News: Amended Current Report Filing (8-k/a) 09/12/2018 05:31:49 PM
CBDY News: Information Statement - All Other (definitive) (def 14c) 09/04/2018 12:36:15 PM
CBDY News: Proxy Statement - Other Information (preliminary) (pre 14c) 08/21/2018 05:18:19 PM
PlusOneCoin Top Posts
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#817  Sticky Note List of CBDY Convertible Promissory Notes: StockBull 09/05/18 02:02:22 PM
#946   $CBDY the float has decreased over last few Murdoc 10/18/18 09:28:10 AM
#945   Awesome day here Murdoc 10/17/18 08:19:35 PM
#944   $CBDY awesome hits here. The Cardiac Kid 10/17/18 02:47:01 PM
#943   Shares flying out the door , better get ESTATE GURU 10/17/18 02:25:20 PM
#942   CHECK THIS OUT https://www.facebook.com/tsonoga/posts/101559...88?__xts__[0]=68. otcrx3 10/17/18 01:35:20 PM
#941   Would you just look at that https://www.barchart.com/stocks/quotes/CBDY/opinion otcrx3 10/17/18 01:09:28 PM
#940   Hello, world! Canada, Here! We just became the otcrx3 10/17/18 01:03:35 PM
#939   $CBDY Level 2, would you look at this! Stock Sumo 10/16/18 01:12:05 PM
#938   great looking play here buddy.. got a few! WeirdFish 10/15/18 07:52:29 PM
#937   whats going on up in here? WeirdFish 10/15/18 07:51:49 PM
#936   Agreed The Cardiac Kid 10/15/18 06:15:40 PM
#935   Looking good here my friend.. :-) Murdoc 10/15/18 02:55:07 PM
#934   $CBDY ask thinning bid growing The Cardiac Kid 10/15/18 02:46:12 PM
#933   .0847 hit, 12k Murdoc 10/15/18 01:04:14 PM
#932   .0847 up Murdoc 10/15/18 11:59:23 AM
#931   Agreed, I think we are in the right Stock Sumo 10/15/18 11:38:24 AM
#930   Looks good for .10 break soon Murdoc 10/15/18 11:33:58 AM
#929   Great attitude! Regardless of the message CBDY is otcrx3 10/15/18 11:32:50 AM
#928   LOL No worries, imitation is the highest form Stock Sumo 10/15/18 11:16:24 AM
#927   LOADING UP ON $CBDY TODAY! Weeeeeee! VirginiaLee 10/15/18 11:09:57 AM
#926   Love it so I used it, Couldn't have otcrx3 10/15/18 10:48:05 AM
#925   Nice copy and paste, that post looks very Stock Sumo 10/15/18 10:28:41 AM
#924   CBDY should be on everyone's radar, especially this otcrx3 10/15/18 09:52:02 AM
#923   End of October should be fun. Love stocks StockBull 10/12/18 08:27:16 PM
#922   Been Eyeing $CBDY up for a few weeks Stock Sumo 10/12/18 02:31:39 PM
#921   Management already in talks with a leading Canadian otcrx3 10/05/18 03:59:36 PM
#920   Founded on the belief that Canadians deserve access otcrx3 10/05/18 03:57:34 PM
#919   $CBDY Target Group's Canary is a late-stage ACMPR otcrx3 10/05/18 03:52:59 PM
#918   The true market boom for the cannabis companies otcrx3 10/05/18 02:30:28 PM
#917   Target Group Inc. $CBDY In all, the economic otcrx3 10/05/18 02:29:46 PM
#916   Huge Volume Today WOW otcrx3 10/05/18 02:27:48 PM
#915   The long list of convertible notes are worrisome StockBull 10/04/18 09:38:58 PM
#914   Well said @mtrendspotter CBDY looking like a player otcrx3 10/04/18 02:52:15 PM
#912   Strengthening $CBDY looking great mtrendspotter 10/03/18 09:32:14 AM
#911   Pretty much all the shares sold today were StockBull 10/02/18 09:16:00 PM
#910   I didn’t lose any friends over it because StockBull 10/02/18 02:56:41 PM
#909   Good time to see you here mtrendspotter 10/02/18 01:20:26 PM
#908   you must of lost many friends since you oreo00 10/02/18 01:12:03 PM
#907   Convertible notes are strong with this one. Telling StockBull 10/02/18 12:21:21 PM
#906   BARCHART MOVES UP BUY RATING https://www.barchart.com/stocks/quotes/CBDY/opinion otcrx3 10/02/18 10:06:20 AM
#905   With OCT. 17 just around the corner, this otcrx3 10/02/18 10:04:46 AM
#904   What I find interesting is the selling at StockBull 10/01/18 08:08:15 PM
#903   Cheapies for sale, Grab what you can whilst otcrx3 10/01/18 12:16:14 PM
#902   Hmmm. What's this thugnificent 09/28/18 03:52:31 PM
#901   Dump day today! Must be the convertible notes. StockBull 09/27/18 02:56:46 PM
#900   CBDY Moved to a BUY on Barchart https://www.barchart.com/stocks/quotes/CBDY/opin otcrx3 09/26/18 11:56:06 AM
#899   $CBDY Calm before the storm, Something big is otcrx3 09/25/18 10:40:41 AM
#898   Someone floated this to me I’m looking under General Grievous 09/24/18 08:50:11 PM
#897   In all, the economic boost to Canada from otcrx3 09/24/18 03:50:28 PM
#896   $CBDY Target Group's Canary is a late-stage ACMPR otcrx3 09/24/18 03:48:58 PM
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