Board Approves Pursing a Regulation D Issuance: Small Business Development Group, Inc. (OTC Pink: SBDG)
February 06 2014 - 8:15AM
Marketwired
Board Approves Pursing a Regulation D Issuance: Small Business
Development Group, Inc. (OTC Pink: SBDG)
SAINT CLOUD, FL--(Marketwired - Feb 6, 2014) - Small Business
Development Group, Inc. (OTC Pink: SBDG) Board of Directors has
directed management to work with legal counsel to prepare an
offering memorandum and subscription documents for a securities
offering in the next 60-90 days in which SBDG will seek to raise up
to $15 million. The offering will be using the company's authorized
Series A Preferred Stock, which is complimentary to the common
stock. Management has retained an investment-banking firm in
Boston, MA to assist with the process.
The capital will be used to make acquisitions for SBDG in order
to further increase shareholder value. "This structure is all part
of the 'Engineering a Public Company' process we use to develop
strong fundamentals for a growing company," said Roy Salisbury
CEO.
Further information is available at http://www.sbdgp.com and OTC
Markets at http://www.otcmarkets.com/stock/SBDG/quote.
Forward-Looking Statements: This press release
contains statements, which may constitute "forward-looking
statements" within the meaning of the Securities Act of 1933 and
the Securities Exchange Act of 1934, as amended by the Private
Securities Litigation Reform Act of 1995. Those statements include
statements regarding the intent, belief or current expectations of
Small Business Development Group, Inc. and members of its
management as well as the assumptions on which such statements are
based. Prospective investors are cautioned that any such
forward-looking statements are not guarantees of future performance
and involve risks and uncertainties, and that actual results may
differ materially from those contemplated by such forward-looking
statements. The Company undertakes no obligation to update or
revise forward-looking statements to reflect changed assumptions
the occurrence of unanticipated events or changes to future
operating results.
Investor Relations Deb Sanderson (d.sanderson@sdbgp.com)
207-209-2013 Ext. 3 http://www.sbdgp.com
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