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Target Group Inc. (CBDY)

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Last Post: 9/25/2018 10:40:41 AM - Followers: 35 - Board type: Free - Posts Today: 0

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 *The information above is outdated.*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. 
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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
CBDY News: Small Company Offering and Sale of Securities Without Registration (d) 08/16/2018 02:27:33 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
#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
#895   @stewdomer 5h5 hours ago AXNMAN 09/20/18 05:56:58 PM
#894   Great Start TODAY $0.0689 0.01 UP (39.34%) otcrx3 09/20/18 11:03:01 AM
#893   LAST $0.09 UP 0.02 Gain(45.16%) Weeeeeeee! otcrx3 09/19/18 11:51:54 AM
#892   @stewdomer 2h2 hours ago AXNMAN 09/19/18 11:35:58 AM
#891   For still there are so many things mtrendspotter 09/18/18 04:05:09 PM
#890   $CBDY Looking awesome! LAST $0.065 UP (9.24%) otcrx3 09/18/18 12:43:13 PM
#889   Very Interesting Target Group Inc. $0.0595 otcrx3 09/18/18 10:39:39 AM
#888   Next In Line CBDY looks so clear and mtrendspotter 09/18/18 10:03:20 AM
#887   Another green day in the books LAST $0.0595 otcrx3 09/17/18 04:13:20 PM
#886   Current Website http://www.targetgroupinc.ca/ is going to be revamped otcrx3 09/17/18 04:10:28 PM
#885   CBDY target group website from otcmarket http://www.chesssupersitecorp.com/ mtrendspotter 09/17/18 02:39:11 PM
#884   intends to continue rapidly expanding ( Name > mtrendspotter 09/17/18 02:21:37 PM
#883   CBDY production and distribution platforms mtrendspotter 09/17/18 02:17:49 PM
#882   Bid/Ask Much tighter, Looking much better otcrx3 09/17/18 02:12:24 PM
#881   Interesting Here for the week mtrendspotter 09/17/18 01:48:19 PM
#880   Good morning Y'all, Excited to see what this otcrx3 09/17/18 10:05:56 AM
#879   There's a finish to be excited about Green Day! otcrx3 09/14/18 04:04:13 PM
#878   Let's Go $$CBDY POWER-HOUR into green finish for otcrx3 09/14/18 03:26:36 PM
#877   A slow moving but getting better power hour mtrendspotter 09/14/18 02:47:47 PM
#876   Looking great! otcrx3 09/14/18 02:07:01 PM
#875   ALL ABOARD mtrendspotter 09/14/18 01:42:12 PM
#874   Weeee! Price $0.053 / Day's Change 0.013 UP(32.50%) otcrx3 09/14/18 01:02:14 PM
#872   Not opinions, but rather facts based on filings StockBull 09/14/18 12:13:27 PM
#871   Must Read! The true market boom for the otcrx3 09/14/18 12:11:12 PM
#870   Opinions are a great thing to have but otcrx3 09/14/18 12:06:39 PM
#869   CHZP had convertible notes which ultimately drove their StockBull 09/14/18 11:57:43 AM
#868   This has a look / feel ! I AXNMAN 09/14/18 11:57:32 AM
#865   205K on the bid at .038 but won’t StockBull 09/14/18 11:32:44 AM
#864   CBDY Take it or leave it, thanks me mtrendspotter 09/14/18 11:32:37 AM
#863   List of upcoming CBDY Dilution in the form StockBull 09/14/18 11:30:39 AM
#862   grrrrrrr knowledge base strong mtrendspotter 09/14/18 11:29:06 AM
#861   you are on top of this otcrx3 ...keep AXNMAN 09/14/18 11:28:27 AM
#860   I am bullish...expecting lotsa' developments here...and sooner than later. AXNMAN 09/14/18 11:25:53 AM
#859   Calm before the storm folks, so excited for otcrx3 09/14/18 11:17:27 AM
#858   weeee i realize its trigonometry try it and mtrendspotter 09/14/18 11:07:05 AM
#856   $CBDY Target Group's Canary is a late-stage ACMPR otcrx3 09/14/18 11:02:04 AM
#855   $CBDY is already in talks with a leading otcrx3 09/14/18 11:00:18 AM
#854   40K on the ask at .04, plus the StockBull 09/14/18 10:59:55 AM
#853   Who’s misleading? The ask is . 04 just StockBull 09/14/18 10:54:52 AM
#852   CBDY turning points looking ready to go higher mtrendspotter 09/14/18 08:38:32 AM
#851   It was .04 with an hour to go StockBull 09/14/18 01:22:17 AM
#850   Target Group Inc. (CBDY) mtrendspotter 09/13/18 11:12:43 PM
#848   Today saw an ask of .05 and was StockBull 09/13/18 06:41:12 PM
#847   i believe Chart session active for making R/S mtrendspotter 09/13/18 04:50:51 PM
#846   Target Group Inc. CBDY mtrendspotter 09/13/18 02:31:47 PM
#845   http://google.brand.edgar-online.com/?sym=CBDY mtrendspotter 09/13/18 12:49:22 PM
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