Target Group Inc. 10-K

Item 5. Market for Registrant’s Common Equity, Related Stockholder Matters and Issuer Purchases of Equity Securities Our common stock is currently quoted on the Pink Limited Market inter-dealer quotation service maintained by OTC Markets Group Inc. under the symbol “ CBDY.” The following table sets forth the quarterly high and low sales prices of our common stock for the last two fiscal years. Such prices are inter-dealer quotations without retail mark-ups, mark-downs or commissions, and may not represent actual transactions. ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Quarter ended ​ ​ ​ March 31 ​ ​ ​ June 30 ​ ​ ​ September 30 ​ ​ ​ December 31 ​ ​ ​ Fiscal year Fiscal year 2025 ​ ​ ​ ​ ​ ​ High ​ $ 0.003 0.003 0.002 0.003 0.003 Low ​ $ 0.001 0.002 0.001 0.001 0.001 ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Fiscal year 2024 ​ ​ ​ ​ ​ ​ High ​ $ 0.004 0.008 0.004 0.003 0.008 Low ​ $ 0.002 0.001 0.002 0.001 0.001 ​ Our common stock is subject to Rule 15g-9 of the Exchange Act, known as the Penny Stock Rule, which imposes requirements on broker/dealers who sell securities subject to the rule to persons other than established customers and accredited investors. For transactions covered by the rule, brokers/dealers must make a special suitability determination for purchasers of the securities and receive the purchaser’s written agreement to the transaction prior to sale. The Securities and Exchange Commission (“SEC”) also has rules that regulate broker/dealer practices in connection with transactions in “penny stocks.” Penny stocks generally are equity securities with a price of less than $5.00, other than securities registered on certain national securities exchanges or quoted on the NASDAQ system, provided that current price and volume information with respect to transactions in that security is provided by the exchange or system. The Penny Stock Rules require a broker/dealer, prior to a transaction in a penny stock not otherwise exempt from the rules, to deliver a standardized risk disclosure document prepared by the SEC that provides information about penny stocks and the nature and level of risks in the penny stock market. The broker/dealer also must provide the customer with the current bid and offer quotations for the penny stock, the compensation of the broker/dealer and its salesperson in the transaction, and monthly account statements showing the market value of each penny stock held in the customer’s account. The bid and offer quotations, and the broker/dealer and salesperson compensation information must be given to the customer orally or in writing prior to effecting the transaction and must be given to the customer in writing before or with the customer’s confirmation. These disclosure requirements have the effect of reducing the level of trading activity in the secondary market for our common stock. As a result of these rules, investors may find it difficult to sell their shares. As of the date of this report, we have 617,025,999 shares of common stock issued and outstanding held by 430 stockholders of record. Dividend Policy To date, we have not declared or paid any dividends on our common stock. We currently do not anticipate paying any cash dividends in the foreseeable future on our common stock. It is anticipated that our future earnings will be retained to finance our continuing development. Although we intend to retain our earnings, if any, to finance the exploration and growth of our business, our Board of Directors has the discretion to declare and pay dividends in the future. Payment of dividends in the future will depend upon our earnings, capital requirements, and any other factors that our Board of Directors deems relevant. Recent Sales of Unregistered Securities None ​ Item 6. Selected Financial Data. There is no selected financial data required to be filed for a smaller reporting company. ​ 14 Table of Contents