UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549  

 
 
 

 

FORM 12b-25  
     

 

 

NOTIFICATION OF LATE FILING
 
(Check one): ¨  Form 10-K ¨   Form 20-F ¨  Form 11-K x   Form 10-Q ¨  Form 10-D ¨ Form N-SAR
  ¨ Form N-CSR          
             
  For Period Ended March 31, 2019  
  ¨ Transition Report on Form 10-K  
  ¨ Transition Report on Form 20-F  
  ¨ Transition Report on Form 11-K  
  ¨ Transition Report on Form 10-Q  
  ¨

Transition Report on Form N-SAR

 

 
  For the Transition Period Ended    
                       
                         

Nothing in this form shall be construed to imply that the Commission has verified any information contained herein.

 

If the notification relates to a portion of the filing checked above, identify the Item(s) to which the notification relates:

 

PART I - REGISTRANT INFORMATION

 

TARGET GROUP INC.

Full Name of Registrant

 

 

 

Former Name if Applicable

 

55 Administration Road, Unit #13

 

Address of Principal Executive Office (Street and Number)

 

Vaughan, Ontario, Canada L4K 4G9

 
City, State and Zip Code

 

 

 

 

PART 11 - RULES 12b-25(b) AND (c)

 

If the subject report could not be filed without unreasonable effort or expense and the registrant seeks relief pursuant to Rule 12b-25(b), the following should be completed. (Check box if appropriate).

 

x (a)

The reasons described in reasonable detail in Part III of this form could not be eliminated without unreasonable effort or expense;

 

(b)

The subject annual report, semi-annual report, transition report on Form 10-K, Form 20-F, 11-K Form N-SAR or Form N-CSR, or portion thereof, will be filed on or before the fifteenth calendar day following the prescribed due date; or the subject quarterly report of transition report on Form 10-Q or subject distribution report on Form 10-D, or portion thereof will be filed on or before the fifth calendar day following the prescribed due date; and

 

(c) The accountant’s statement or other exhibit required by Rule 12b-25(c) has been attached if applicable.

 

PART III - NARRATIVE

 

State below in reasonable detail the reasons why Forms 10-K, 20-F, 11-K, 10-Q, N-SAR, N-CSR, or the transition report or portion thereof, could not be filed within the prescribed time period.

 

The Registrant’s accountants will need more time to review the Registrant’s current unaudited financial statements because of the recent acquisition of its subsidiary CannaKorp Inc. The Form 10-Q will be filed on or before the 5 th calendar day following the prescribed due date for the Registrant’s Form 10-Q.

 

PART IV - OTHER INFORMATION

 

1. Name and telephone number of person to contact in regard to this notification
   
  Rubin Schindermann   647   927-4644
  (Name)   (Area Code)   (Telephone Number)
           
2. Have all other periodic reports required under Section 13 or 15(d) of the Securities Exchange Act of 1934 or Section 30 of the Investment Company Act of 1940 during the preceding 12 months or for such shorter period that the registrant was required to file such report(s) been filed?  If answer is no, identify report(s).  
     
  YES          
             
3

Is it anticipated that any significant change in results of operations from the corresponding period for the last fiscal year will be reflected by the earnings statements to be included in the subject report or portion thereof?

 

NO

 

 

 

 

 

TARGET GROUP INC.
(Name of Registrant as Specified in Charter)

has caused this notification to be signed on its behalf by the undersigned hereunto duly authorized.

 

 

           
Date:   May 16, 2019   By: /s Rubin Schindermann
           
  Chief Executive Officer

 

 

 

 

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