UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, DC 20549

FORM 8-K

CURRENT REPORT

 

Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934

 

Date of Report (Date of earliest event reported: October 23, 2019

 

TARGET GROUP INC.

(Exact name of registrant as specified in its charter)

 

Delaware 000-55066 46-3621499
State or other jurisdiction incorporation Commission File Number IRS Employer Identification No.

 

 55 Administration Road, Unit 13, Vaughan, Ontario, Canada L4K 4G9
(Address of principal executive offices)  (Zip Code)

 

Registrant's telephone number, including area code: (647) 927-4644

 

 

(Former name or former address, if changed since last report)

 

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:

 

¨ Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)

 

¨ Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)

 

¨ Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))

 

¨ Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

 

Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter).

 

Emerging Growth Company x

 

For an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act.

 

Emerging Growth Company ¨

 

Securities registered pursuant to Section 12(b) of the Securities Exchange Act of 1934:

 

Title of each class   Trading symbol   Name of each exchanges on which registered
N/A   N/A   N/A

 

 

 

 

 

Section 5- Corporate Governance and Management

 

Item 5.02 Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers

 

Effective October 23, 2019, Saul Niddam, Frank Monte and Anthony Carlo Zarcone were appointed directors of the Company.

 

Saul Niddam is the President of Norlandam Marketing Inc., a sales and marketing agency catering to national brands across North America. Mr. Niddam is also the Chief Executive Officer of the Company’s subsidiary, CannaKorp Inc.

 

Frank Monte is the principal owner and managing director of Brands Gone Wild of Brampton, Onatrio, Canada which operates retail outlets through Canada.

 

Anthony Carlo Zarcone is an entrepreneur, property manager and co-founder of a food retail/wholesale business in southern Ontario, Canada.

 

There are no arrangements or understandings between any of the above named directors and any other persons pursuant to which the named directors were selected as directors. Presently, there are no compensatory plans, contracts or arrangements to which any of the above named directors is a party, other than Mr. Niddam’s compensation as the Chief Executive Officer of CannaKorp Inc.

 

 

 

 

Signature

 

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.

 

  TARGET GROUP INC.
   
   
Dated: October 25, 2019 By: /s/ Rubin Schindermann
    Chief Executive Officer

 

 

Target (PK) (USOTC:CBDY)
Historical Stock Chart
From Mar 2024 to Apr 2024 Click Here for more Target (PK) Charts.
Target (PK) (USOTC:CBDY)
Historical Stock Chart
From Apr 2023 to Apr 2024 Click Here for more Target (PK) Charts.