Frank Monte
Frank Monte submitted his resignation as a director, effective March 23, 2023.
Highest-materiality recent filing
On August 11, 2025, Target Group entered into the Eleventh Amending Agreement with a private individual who is the brother of CEO Anthony Zarcone.
Target Group extends CEO-related loan maturity to May 2025 via Tenth Amendment
Tenth Amending Agreement extends maturity of Original Loan to May 31, 2025.
Target Group extends related-party loan maturity to June 30, 2024 via Ninth Amending Agreement
Loan from CEO's brother extended to June 30, 2024; all other terms unchanged.
Target Group corrects advance amount under financing agreement from CDN$250K to CDN$500K
February 16, 2023 financing agreement advance corrected to CDN$500,000 (was CDN$250,000).
Target Group receives additional CDN$500k loan from CEO's brother at 43.26% annual interest
Entered Eighth Amending Agreement; lender (brother of CEO) advanced additional CDN$500,000 under existing loan.
Target Group director Frank Monte resigns effective March 23, 2023
Frank Monte resigned as director effective March 23, 2023 for personal reasons.
Target Group corrects prior 8-K: financing advance was CDN$250,000 not US$250,000
Original 8-K filed Feb 22, 2023 incorrectly stated advance amount as US$250,000.
Target Group Inc. receives additional $250,000 loan from CEO's brother at 43.26% annual interest
Seventh Amending Agreement dated Feb 16, 2023; lender is brother of CEO Anthony Zarcone.
Target Group adds C$250,000 loan from CEO's brother at 43.26% annual interest, maturity to June 2023
Effective Oct 18, 2022, Sixth Amending Agreement: lender (CEO's brother) advanced additional C$250,000 under existing loan.
Target Group subsidiary receives CDN$2.04M payout from Thrive, JV continues
CanaryRx (Target Group subsidiary) received CDN$2,043,082.74 from Thrive to fully repay JV indebtedness.
Target Group Inc. borrows $100,000 from CEO's brother at 43.26% annual interest
Additional $100,000 loan from Jerry Zarcone, brother of CEO Anthony Zarcone, under Fifth Amending Agreement effective Feb 16, 2022.
Frank Monte submitted his resignation as a director, effective March 23, 2023.
Max materiality 0.75 · Median 0.30 · Most common event debt