more shares maybe issued too come if i read it right
Agenda Item 5). UPDATE ON GRAHAM FINANCIAL SERVICE VENTURE AND AUTHORIZATION TO PROCEED – Fred Shefte reported on the initial results and activities of the corporate financing venture between Target Development Group, Inc. and Graham Financial Services, Inc. During the previous month, approximately four-hundred-thousand dollars have been generated for Target Development Group, Inc. by Graham Financial Services, representing a funding rate twice as fast as originally anticipated. Shefte proposed that the company authorize and reserve an additional fifteen-million shares for potential issuance via Graham Financial in order to work towards the total financing goal of two-million dollars under the pact. In a separate matter involving Graham Financial, the Board agreed to approve the transference of the distribution pact for the upcoming feature film, “Daddy’s Little Hero” (aka “Lucky Charms”) from the prior licensor, SGP Ventures, LLC over to Graham Financial Services, Inc., subject to the completed film being materially consistent with the expectations as prescribed in the original agreement for worldwide distribution rights