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Friday, 05/14/2010 7:37:33 AM

Friday, May 14, 2010 7:37:33 AM

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I am not sure if this has been posted here before. A very good article about TDGI.

Target Development Group Inc. (TDGI) – Stock Review

Target Development Group is a real estate development company who acquired Hannover House (a film producer and distributor) in December 2009. Since then, the stock has risen steadily. Usually, OTC penny stocks are like roller coaster. It’s almost more of money exchanging hands than a real investment. However, TDGI has been stable since the company completed the reverse merger and froze a number of shares.

They own theatrical/distribution rights for several movies being released this year. Two of the most notable are “Racing Dreams” and “HappyThankYouMorePlease”. (To view the whole film list, check out Hannover House on IMDB.)

Racing Dreams is a compelling documentary about three young kids trying to make it up the ranks of junior racing divisions in goal of becoming NASCAR drivers. It has been screened at several film festivals including the acclaimed Tribeca Film Festival and has received a lot of attention and solid reviews. NASCAR is a multibillion dollar industry and their fans spend money. According to Wikipedia, it’s estimated that NASCAR fans spend approximately 3 billion dollars a year on annual licensed products. With a budget nowhere near 3 billion, I believe this low budget documentary is going to hit home.

HappyThankYouMorePlease was produced by Josh Radnor from the successful television series “How I Met Your Mother”. It expected to be a big player for Hannover House. It was selected as the opening feature at the prestigious New York Gen Art Film Festival. Josh Radnor, Malin Ackerman, and Kate Mara are all part of the cast which also adds to the excitement of this release. I believe this film has the right script, producer, and cast to be able to be successful. We can expect to see the first theatrical releases in August.

TDGI is a pure entertainment play. Even though the company is involved in real estate investment, the true value of this stock is in the film division. I have been very impressed with the CEO’s (Eric Parkinson), ability to release information and keep shareholders up to date with what is going on. I am confident that this year will be a great year for TDGI. They are on the right track to becoming a big player in the independent film industry.

I have purchased a number of shares of TDGI at 0.042. I will continue to post updates with how the stock is performing and if any major news is released. If you are interested in TDGI, I have supplied several links below that will assist with your research. Also, any highlighted words in this article are links to valuable related resources.

http://blog.bobklaas.com/?p=194
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