DEVELOPMENT CAPITAL GROUP, INC. COMPLETES $680,900
Post# of 17
January 21, 2014
Miami, FL – DEVELOPMENT CAPITAL GROUP, INC. (OTC: DLPM, “the Company”) is pleased to announce it has raised USD $680,900.00 in equity financing. For the investment, the Company issued 9,462,000 shares of restricted common stock. No commissions or professional fees were paid on this financing.
This stage of financing will allow Development Capital Group to accelerate its investment in innovative product development, acquisitions and will commence marketing initiatives to drive product awareness for revenue growth. Development Capital Group is now able to pursue projects on a larger scale and breadth as well advance existing projects with greater speed. Development Capital Group’s vision has been broadened to take advantage of these new opportunities .
DEVELOPMENT CAPITAL GROUP CEO, John Lindsay stated, “We are very excited to have this early stage financing completed. We have been working on strengthening the company through multiple initiatives and this capital gives us the means to pursue these initiatives more aggressively. I believe our shareholders will be happy with the results of these efforts.”