Small Business Development Group Inc. (SBDG) 6.1000 $SBDG
Small Business Development Group, Inc. (OTCPINK: SBDG) -- SBDG Signs $3.5M Term Sheet With Marquette Business Credit, Inc.
Marketwire - Tue Apr 15, 2:05PM CDT
Small Business Development Group, Inc. (OTC Pink: SBDG) (PINKSHEETS: SBDG) has announced that it has signed a term sheet for $3,500,000 with Marquette Business Credit, Inc., an asset-based lender, to fund the growth of Production Partners Chemical Inc. This new credit facility is an increase of $2,000,000 over the existing credit line, which is needed to fund the increase of business. SBDG's investment banker, Avalon Net Worth, managed the process over the last 60 days, interviewing and narrowing the list of possible lenders.
Small Business Development Group, Inc. SBDG Fiscal 2013 Year End Results
Marketwire - Thu Mar 27, 12:35PM CDT
Small Business Development Group, Inc. (OTC Pink: SBDG) (PINKSHEETS: SBDG) announces positive Year End Results. Chief Executive Officer Roy Salisbury said today, "We are pleased to announce 2013 year-end revenues of $17,838,715 with an after-tax profit of $178,691. Compare this result to 2012, when there were no revenues with a loss of $147,165. These results are proof that our approach of 'Engineering a Public Company' works. The acquisition of Production Partners Chemical Inc. was the key to these results, and the plans for 2014 include additional acquisitions that will continue SBDG on this successful path."
Small Business Development Group, Inc., SBDG, Retains Avalon Securities, Ltd. Investment Bankers
Marketwire - Mon Mar 03, 10:10AM CST
Small Business Development Group, Inc. (OTC Pink: SBDG) announces that it retained Avalon Securities, Ltd., a New York-based investment banking and advisory firm to advise it on various financial projects. Avalon is a FINRA-registered broker dealer. Andrew Clapp, a Managing Director at Avalon, has more than 25 years of private equity, venture capital and investment banking experience, having funded and/or advised more than 3-dozen companies.
Board Approves Pursing a Regulation D Issuance: Small Business Development Group, Inc. (OTC Pink: SBDG)
Marketwire - Thu Feb 06, 7:15AM CST
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.
New Asset Based Investment Subsidiary Formed Small Business Development Group, Inc. (OTC Pink: SBDG)
Marketwire - Thu Jan 30, 7:01AM CST
Small Business Development Group, Inc. (OTC Pink: SBDG) and RYS & Co. its largest shareholder have formed Deep River Management Corp. (DRMC) as an SBDG subsidiary.
The Year in Review on "Engineering a Public Company(TM)" Small Business Development Group, Inc. (OTC Pink: SBDG)
Marketwire - Tue Jan 28, 8:51AM CST
Small Business Development Group, Inc. (OTC Pink: SBDG) business model known as "Engineering a Public Company(TM)" is past the proof-of-concept stage as evidenced by the revitalization of a failing pink sheet company. This was accomplished through a capital restructuring; reversing the issued shares to 1,058,670; creating a tight float; and reducing the authorized shares to 15,000,000. SBDG then cleaned up the balance sheet and increased revenue by over $17,000,000 thru the acquisition this past September of Production Partners Chemical. Then in December of 2013, SBDG took an ownership interest in two other growing companies. These transactions were all accomplished by using an exchange of securities under the "Engineering of a Public Company(TM)" approach.
Small Business Development Group, Inc. (OTC: SBDG) Subsidiary Year End Update
Marketwire - Tue Jan 21, 10:44AM CST
Small Business Development Group, Inc.'s (OTC Pink: SBDG) Chief Executive Officer Roy Salisbury said today, "We are pleased to announce that the year end 2013 results for our acquisition of Production Partners Chemical Inc. is on track to increased revenue and profit over 2012. The total revenue for 2012 was $10,783,661 and the revenue through the third quarter of 2013 was $12,888,875, which is 19.5% above the total revenue for all of 2012. As we previously reported, the first nine months of 2013 reflected revenue of $12,888,875 of which $5,323,425 was in the third quarter, which is an increase of 13.8% over the second quarter. The increase in sales is due to our raw material suppliers who supply us with our raw materials reassigning small accounts to PPC. Expenses for the third quarter were $570,044, down 2.2 %, due to several cost-saving measures. The cost of goods was $4,612,311, up 1% over the prior quarter, due primarily to lower margins on reassigned accounts by our raw material suppliers. Despite the lower margins, third quarter profits were up 10.1% over the prior quarter."
WorldStockWire - Wed Nov 13, 2:30PM CST
We are pleased to announce that we have completed the 3rd Quarter financial review, which reflects the consolidation of our first acquisition.
Small Business Development Group, Inc. (OTC: SBDG) 3rd Quarter Results
WorldStockWire - Wed Nov 13, 2:30PM CST
We are pleased to announce that we have completed the 3rd Quarter financial review, which reflects the consolidation of our first acquisition.
Small Business Development Group, Inc. (OTCPINK: SBDG) -- SBDG Signs $3.5M Term Sheet With Marquette Business Credit, Inc.
Marketwire - Tue Apr 15, 2:05PM CDT
Small Business Development Group, Inc. (OTC Pink: SBDG) (PINKSHEETS: SBDG) has announced that it has signed a term sheet for $3,500,000 with Marquette Business Credit, Inc., an asset-based lender, to fund the growth of Production Partners Chemical Inc. This new credit facility is an increase of $2,000,000 over the existing credit line, which is needed to fund the increase of business. SBDG's investment banker, Avalon Net Worth, managed the process over the last 60 days, interviewing and narrowing the list of possible lenders.
Small Business Development Group, Inc. SBDG Fiscal 2013 Year End Results
Marketwire - Thu Mar 27, 12:35PM CDT
Small Business Development Group, Inc. (OTC Pink: SBDG) (PINKSHEETS: SBDG) announces positive Year End Results. Chief Executive Officer Roy Salisbury said today, "We are pleased to announce 2013 year-end revenues of $17,838,715 with an after-tax profit of $178,691. Compare this result to 2012, when there were no revenues with a loss of $147,165. These results are proof that our approach of 'Engineering a Public Company' works. The acquisition of Production Partners Chemical Inc. was the key to these results, and the plans for 2014 include additional acquisitions that will continue SBDG on this successful path."
Small Business Development Group, Inc., SBDG, Retains Avalon Securities, Ltd. Investment Bankers
Marketwire - Mon Mar 03, 10:10AM CST
Small Business Development Group, Inc. (OTC Pink: SBDG) announces that it retained Avalon Securities, Ltd., a New York-based investment banking and advisory firm to advise it on various financial projects. Avalon is a FINRA-registered broker dealer. Andrew Clapp, a Managing Director at Avalon, has more than 25 years of private equity, venture capital and investment banking experience, having funded and/or advised more than 3-dozen companies.
Board Approves Pursing a Regulation D Issuance: Small Business Development Group, Inc. (OTC Pink: SBDG)
Marketwire - Thu Feb 06, 7:15AM CST
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.
New Asset Based Investment Subsidiary Formed Small Business Development Group, Inc. (OTC Pink: SBDG)
Marketwire - Thu Jan 30, 7:01AM CST
Small Business Development Group, Inc. (OTC Pink: SBDG) and RYS & Co. its largest shareholder have formed Deep River Management Corp. (DRMC) as an SBDG subsidiary.
The Year in Review on "Engineering a Public Company(TM)" Small Business Development Group, Inc. (OTC Pink: SBDG)
Marketwire - Tue Jan 28, 8:51AM CST
Small Business Development Group, Inc. (OTC Pink: SBDG) business model known as "Engineering a Public Company(TM)" is past the proof-of-concept stage as evidenced by the revitalization of a failing pink sheet company. This was accomplished through a capital restructuring; reversing the issued shares to 1,058,670; creating a tight float; and reducing the authorized shares to 15,000,000. SBDG then cleaned up the balance sheet and increased revenue by over $17,000,000 thru the acquisition this past September of Production Partners Chemical. Then in December of 2013, SBDG took an ownership interest in two other growing companies. These transactions were all accomplished by using an exchange of securities under the "Engineering of a Public Company(TM)" approach.
Small Business Development Group, Inc. (OTC: SBDG) Subsidiary Year End Update
Marketwire - Tue Jan 21, 10:44AM CST
Small Business Development Group, Inc.'s (OTC Pink: SBDG) Chief Executive Officer Roy Salisbury said today, "We are pleased to announce that the year end 2013 results for our acquisition of Production Partners Chemical Inc. is on track to increased revenue and profit over 2012. The total revenue for 2012 was $10,783,661 and the revenue through the third quarter of 2013 was $12,888,875, which is 19.5% above the total revenue for all of 2012. As we previously reported, the first nine months of 2013 reflected revenue of $12,888,875 of which $5,323,425 was in the third quarter, which is an increase of 13.8% over the second quarter. The increase in sales is due to our raw material suppliers who supply us with our raw materials reassigning small accounts to PPC. Expenses for the third quarter were $570,044, down 2.2 %, due to several cost-saving measures. The cost of goods was $4,612,311, up 1% over the prior quarter, due primarily to lower margins on reassigned accounts by our raw material suppliers. Despite the lower margins, third quarter profits were up 10.1% over the prior quarter."
WorldStockWire - Wed Nov 13, 2:30PM CST
We are pleased to announce that we have completed the 3rd Quarter financial review, which reflects the consolidation of our first acquisition.
Small Business Development Group, Inc. (OTC: SBDG) 3rd Quarter Results
WorldStockWire - Wed Nov 13, 2:30PM CST
We are pleased to announce that we have completed the 3rd Quarter financial review, which reflects the consolidation of our first acquisition.
