yankee2
2年前
SBDG .98 Holding and adding on dips.Nice news as of late imo
https://www.otcmarkets.com/stock/SBDG/disclosure
Supplemental Information Statement Pursuant to the Pink
Basic Disclosure Guidelines
SMALL BUSINESS DEVELOPMENT GROUP, INC. (“Company”)
2500 Regency Pkwy, Cary, NC 27518
919-654-6870
www.sbdgstock.com
info@sbdgholdings.com
SIC: 6719
Supplemental Information to Quartey Report for the Period Ending: March 31, 2022 regarding Shell
Status:
1. The Company previously to this filing was a “Shell”.
2. Company is changing its status as a Shell.
3. Effective Date of Shell Change in Status: January 1, 2022
4. Reasons Company believes it is no longer a Shell under SEC current definitions. During the current
reporting period the Company closed on two substantial acquisitions acquiring 80% ownership;
namely, Stoney Hill Advisors and Appraisal 3000 Inc., as detailed in the accompanying Quarterly
Report. These two acquisitions are revenue generating subsidiaries, such that the Company is no
longer a Shell.
May 20, 2022
/s/ James E Jenkins [CFO’s Signature]
(Digital Signatures should appear as “/s/ [OFFICER NAME]”
glta
yankee2
2年前
SBDG $1.00 Nice news imo
Small Business Development Group (OTC: SBDG) Acquires Ubun2Group to Drive Revenue and Build Out AI Driven M&A Platforms; SBDG Details
Press Release | 07/28/2022
CARY, NC, July 28, 2022 (GLOBE NEWSWIRE) -- via NewMediaWire – Small Business Development Group, Inc. (OTC:SBDG) (www.SBDGStock.com) announced today in a letter to shareholders that the Company has acquired Ubun2Group, Inc. (www.ubun2group.com). Ubun2Group is an enterprise software solutions company specializing in creating AI and cloud-based enterprise solutions for businesses from small to Fortune 500 companies.
Ubun2’s mission is to integrate all facets of technology within an organization to create sustainable and efficient solutions. “Ubun2’s record of success is evident in its client list, including the State of California, Kaiser Permanente, General Motors, Robert Half, Ricoh Electronics, and many other familiar entities,” said Roy Y. Salisbury, Small Business Development Group CEO and Chairman. “This is our third acquisition using our Soft Leverage Buy-Out Model. We are building an M&A focused holding company dedicated to shareholder value with a proper and defensible share structure.”
Dave Witczak, CEO, Ubun2Group, said his company is excited about the acquisition by Small Business Development Group because SBDG has the resources to fuel the growth of its business. “We are very impressed by the skill and knowledge and accomplishments of the SBDG team,” Mr. Witczak said.
“Ubun2Group services will be offered to all our clients to add value to their companies and Ubun2 will be the primary drivers of the new AI driven M&A platform that SBDG is currently building in-house,” said Brian Jue, Small Business Development Group Chief Operating Officer and a Director.
“AI will transform every industry and create huge economic value, from healthcare to recruitment and beyond. Creating efficiencies and enhanced customer experiences which will drive customer satisfaction and we believe we can help SBDG create a game changing solution for the M&A industry,” said Scott Arnold COO and co-Founder of Ubun2Group.
“In our opinion,” wrote Mr. Salisbury to shareholders, “SBDG is the best kept secret in the micro-cap market. The Company has refused to engage in investor relations hype. Management’s goal is to achieve a tipping point in the market in which investors will embrace the Company’s business thesis of best practices with financial fundamentals. We are confident this will happen.”
About SBDG: Small Business Development Group, Inc. (OTC: SBDG) is a holding company publicly traded on OTC Markets. SBDG has an active mandate to identify and acquire operating companies with a preference for those in the small to medium sized enterprise arena (SMBs and SMEs) based in North America, specifically those demonstrating modest but predictable growth and profitability over time. Ideal candidates for acquisition have an enterprise value between $2 million and $50 million with positive cash flows between $500 thousand and $5 million. SBDG's intent for all acquisitions is to affirm or establish sound business fundamentals and to drive revenue and profitability growth. The goal of SBDG is to develop and align portfolio companies into high performance industry verticals and deliver additional value for its stakeholders. For more information, visit www.SBDGStock.com
About Ubun2Group: Ubun2Group, Inc. is an enterprise software solutions company that specializes in creating AI and cloud-based enterprise solutions for small and medium sized businesses to Fortune 500 companies. Ubun2’s driving mission is to foster human connections and business partnerships by integrating all facets of technology within an organization to create sustainable and efficient solutions. The company’s track record of blending people, IT, applications, and business objectives through its technology consulting and software development skills is evident in its client list, which include the State of California, Kaiser Permanente, General Motors, Robert Half, Ricoh Electronics, and many more. For more information, visit www.Ubun2Group.com
Note to Investors: This press release contains certain forward-looking statements based on our current expectations, forecasts and assumptions that involve risks and uncertainties. This release does not constitute an offer to sell or a solicitation of offers to buy any securities of any entity. Forward-looking statements in this release are based on information available to us as of the date hereof. Our actual results may differ materially from those stated or implied in such forward-looking statements, due to risks and uncertainties associated with the company
glta
Thugmuffin
3年前
$SBDG Small Business Development Group’s (OTC:SBDG) Real Estate Appraisal Company, Appraisal 3000, Launches New Software Platform Press Release | 03/21/2022
CARY, NC, March 21, 2022 (GLOBE NEWSWIRE) -- via NewMediaWire – Small Business Development Group, Inc. (OTC:SBDG) (www.SBDGStock.com) announced today that one of its portfolio companies, Appraisal 3000, Inc. (www.Appraisal300.com), has launched a new software platform and website. Appraisal 3000 is a California-based real estate appraisal management company, and this is the first step in the development of a vertical of real estate holdings for SBDG.
“From the beginning of my discussions with SBDG about being acquired, they made it clear that they wanted us to expand operations, and that they would assist in the process,” said Robert Lilley, Founder and CEO of Appraisal 3000. “With the SBDG team backing Appraisal 3000, our dream of expanding the Company has begun. We are now licensed in the states of North Carolina and South Carolina and have opened a new office in North Carolina in the fast-growing Raleigh-Durham region. We are now working on Texas, with Arizona, Nevada, and Florida to follow. With SBDG’s assistance, we now have a new appraisal management software platform that is completely integrated with our new website, and with the capacity to support our expansion nationally.”
Appraisal 3000 is based in Southern California and currently performs real estate appraisals throughout California. Management has long standing relationships in the real estate industry, and has been growing steadily since inception, with 2020 revenue totaling more than $600,000, 2021 revenue at $800,000, and positioned for additional growth in 2022. With an infusion of capital, technology, and human resources, SBDG plans to support existing management and expand operations throughout California and into the Carolinas, Texas, Nevada, Arizona, and Florida in 2022.
“With the new office and now licensed for operations in North and South Carolina, Appraisal 3000 will have access to additional resources because they will be close to SBDG headquarters,” said Roy Y. Salisbury, Small Business Development Group CEO and Chairman. “Having Appraisal 3000 in the SBDG portfolio gives us an operational foundation for a Real Estate vertical. Robert Lilley and team have done a great job continually growing their business, and now we look forward to helping it reach its fullest potential, as well as their help with our new ventures.”
Appraisal 3000’s new platform includes full CRM and reporting capabilities, marketing campaign integration, and has been designed for ease of use for the end user, while being robust enough to handle expansive growth.
“The first part of the plan in acquiring Appraisal 3000 was to utilize our resources to assist in areas that will generate immediate growth. This has included resources such as needed technology, digital media marketing, staff, and strategy. With the new platform, we skipped a beta launch and went active at the beginning of March. Existing clients had rave reviews,” said SBDG Chief Operating Officer Brian Jue. “The Appraisal 3000 team will focus on the business growth in California, development in the Carolinas, and expansion into other states while we at SBDG management will pursue other areas of growth, including additional acquisitions. Appraisal 3000 is a great foundation as SBDG’s lead into our future portfolio of real estate centric businesses.”
About SBDG:
Small Business Development Group, Inc. (OTC: SBDG) is a holding company publicly traded on OTC Markets. SBDG has an active mandate to identify and acquire operating companies with a preference for those in the small to medium sized enterprise arena (SMBs and SMEs) based in North America, specifically those demonstrating modest but predictable growth and profitability over time. Ideal candidates for acquisition have an enterprise value between $2 million and $50 million with positive cash flows between $500 thousand and $5 million. SBDG's intent for all acquisitions is to affirm or establish sound business fundamentals and to drive revenue and profitability growth. The goal of SBDG is to develop and align portfolio companies into high performance industry verticals and deliver additional value for its stakeholders.
For more information, visit www.SBDGStock.com
About Appraisal 3000:
Appraisal 3000, Inc. is an Appraisal Management Company (AMC) based in Southern California and manages commercial and residential real estate appraisals throughout the state of California. Formed in 2013, Appraisal 3000 manages more than 50 state-licensed appraisers to valuate properties and deliver real estate appraisal reports to mortgage lenders. Management has long standing relationships in the real estate industry and has been growing steadily since inception. SBDG has plans to accelerate Appraisal 3000’s existing organic development with an infusion of resources including capital, marketing, technology, and human resources. Growth plans include increasing Appraisal 3000 market share in California, expanding into states where the Company is well-networked, and growth through acquisition.
For more information, visit www.Appraisal3000.com
Note to Investors
This press release contains certain forward-looking statements based on our current expectations, forecasts and assumptions that involve risks and uncertainties. This release does not constitute an offer to sell or a solicitation of offers to buy any securities of any entity. Forward-looking statements in this release are based on information available to us as of the date hereof. Our actual results may differ materially from those stated or implied in such forward-looking statements, due to risks and uncertainties associated with our business.
Contact: Paul Knopick
pknopick@eandecommunications.com
949.697.1323
AskMuncher
3年前
$SBDG Small Business Development Group (OTC: SBDG) Shareholder Letter From the CEO
Press Release | 01/03/2022
CARY, NC, Jan. 03, 2022 (GLOBE NEWSWIRE) -- via NewMediaWire -- Small Business Development Group, Inc. (OTC:SBDG) (www.SBDGStock.com) today issued this letter to shareholders summarizing activity in 2021.
Dear Shareholders,
2021 has been a year in which I and our Team at Small Business Development Group (OTC: SBDG) have been able to develop, refine, and deploy our plan and strategies to move our Company forward and upward. Central to our plan was building around a publicly traded holding company, and in getting back to Current Information Pink status on OTC , we set the foundation for our growth strategies. We are now set to pursue extraordinary growth in 2022 and beyond. Our potential success will require support from both our current and future shareholders.
The New Year will see the development of a number of operating channels for SBDG.
Acquisitions
Stony Hill Advisors LLC is a 10-year-old merger and acquisition advisory firm that specializes in providing intermediary services for lower middle market companies and small business entrepreneurs. Stony Hill has assisted clients across a wide variety of industries throughout New Jersey, Pennsylvania, Delaware, Ohio, Connecticut and the New York metro region. Stony Hill offers various professional services including mergers, acquisitions, divestitures, exit value planning, business valuations, and transaction consulting. Stony Hill is a trusted advisor partnering with their clients and the client’s other trusted advisors to provide confidential, qualitative, and quantitative guidance and deliver results. Stony Hill believes owners and acquirers of small and mid-sized businesses require the expertise and dedication of the team of advisors. Stony Hill partners with clients to provide confidential, qualitative, and quantitative guidance and deliver results. Stony Hill serves as SBDG’s in-house M&A Advisory firm, and SBDG plans to expand Stony Hill’s presence throughout the United States.
Appraisal 3000, Inc. is an Appraisal Management Company (AMC) based in Southern California and manages commercial and residential real estate appraisals throughout the state of California. Formed in 2013, Appraisal 3000 manages more than 50 state-licensed appraisers to valuate properties and deliver real estate appraisal reports to mortgage lenders. Management has long standing relationships in the real estate industry and has been growing steadily since inception. SBDG has plans to accelerate Appraisal 3000’s existing organic development with an infusion of resources including capital, marketing, technology, and human resources. Growth plans include increasing Appraisal 3000 market share in California, expanding into states where the Company is well-networked, and growth via acquisition.
The above acquisitions represent an 80% purchase of equity by the Company with a combined valuation of $760,000. SBDG used Series A Convertible Preferred shares (face $760,000) with conversion to the Company’s common stock at $2.50 per share or 80% of market whichever is greater of restricted shares. These two acquisitions will be treated as investments.
Investment
The Company undertook a feasibility study on the manufacturing of Nitrile Medical Exam Gloves in the United States. The study was co-sponsored with C2C Private Investment Company LLC, an affiliate of SBDG. Based on the feasibility findings, SBDG formed Strategic Manufacturers, Inc. (SMI) a Texas Corporation to move forward with the project, which calls for SMI to build two large manufacturing plants in the Katy, Cypress area of Texas. When fully operational, these plants will produce 4.5 billion nitrile examination gloves annually, as well as 120,000 metric tons of the synthetic rubber, known as NBR (nitrile butadiene rubber), from which the gloves are made. The SMI project value is $106 million in equity and $197 million in debt. SMI has engaged an Investment Banker to place the Offering.
Other Initiatives
Management has several other initiatives underway that are designed to support SBDG’s strategies and business plan.
SBDG Southeast Asia, (SBDG-SA) will be the exclusive agent for client origination in Southeast Asia and will service Malaysia, Indonesia, Singapore, Thailand, and Vietnam providing financial and business consulting services to companies wanting to access the U.S. markets for their products and services, and/or seeking a listing on a U.S. public exchange.
SBDG is planning to launch a $10 million residential acquisition fund focusing on the growing Single Family Residential (SFR) rental market.
The Company is planning to acquire assets and to build out a fully integrated digital media company to support SBDG, its portfolio companies and affiliates, and commercial clients.
Summary
In closing, SBDG’s management is expecting 2022 to be a building year that will form the foundation for the remainder of the decade. Management has designed SBDG’s share structure for long term appreciation growth with only 30 million common shares authorized, of which 10,360,444 shares are issued and 950,651shares in the float. The Company will rely on Preferred shares to acquire companies and raise working capital, always looking to insulate the common shareholders from unfair dilution.
SBDG’s strategy for raising growth capital whenever possible will be done at the subsidiary/portfolio level. The current exception is SMI in which SBDG has authorized a Regulation D 506 (c) for up to $150 million preferred shares; these shares are subject to a minimum raise of $120 million which if successful would have a significant positive impact on the overall value of SBDG.
The SBDG Management Team is committed to developing fundamentals for our shareholders and in 2022 we will improve on Transparency, Communications, Sound Business Practices, Financial Forecasting and Management Accountability.
I encourage all of our shareholders to visit our new website, www.SBDGStock.com, and to visit OTC Markets to follow our progress as we move forward with implementing SBDG’s business plan.
Thank you for your time and support.
Respectfully,
/s/ Roy Y Salisbury
Roy Y Salisbury
Chief Executive Officer