SBDG) Letter to shareholders from the CEO


CARY, NC, Jan 03, 2022 (GLOBE NEWSWIRE) – via NewMediaWire – Small Business Development Group, Inc. (OTC: SBDG) (www.SBDGStock.com) today published this letter to shareholders summarizing the activity in 2021.

Dear shareholders,

2021 has been a year in which I and our team at the Small Business Development Group (OTC: SBDG) have been able to develop, refine and deploy our plan and strategies to move our business forward. Building a publicly traded holding company was at the heart of our plan, and by returning to Current Information Pink status on OTC, we laid the foundation for our growth strategies. We are now poised to pursue extraordinary growth in 2022 and beyond. Our potential success will require the support of our current and future shareholders.

The new year will see the development of a number of operating channels for SBDG.

Acquisitions

Stony Hill LLC Consultants is a 10-year-old merger and acquisition advisory firm specializing in providing intermediary services to lower middle market businesses and small business entrepreneurs. Stony Hill has assisted clients in a wide variety of industries in New Jersey, Pennsylvania, Delaware, Ohio, Connecticut and the New York metro area. Stony Hill offers a variety of professional services including mergers, acquisitions, divestitures, exit value planning, business valuations and transaction advice. Stony Hill is a trusted advisor who partners with her clients and other client trusted advisors to provide confidential, qualitative and quantitative advice and achieve results. Stony Hill believes that owners and buyers of small and medium-sized businesses need the expertise and dedication of the team of advisors. Stony Hill partners with clients to provide confidential, qualitative and quantitative advice and deliver results. Stony Hill is SBDG’s mergers and acquisitions advisory firm, and SBDG plans to expand Stony Hill’s presence across the United States.

Assessment 3000, Inc. is a Southern California-based Appraisal Management Company (AMC) and manages commercial and residential real estate appraisals throughout the state of California. Formed in 2013, Appraisal 3000 manages over 50 state-licensed appraisers to appraise properties and provide real estate appraisal reports to mortgage lenders. The management has a long standing relationship in the real estate industry and has grown steadily since its inception. SBDG intends to accelerate the existing organic development of Appraisal 3000 with an injection of resources, including capital, marketing, technology and human resources. Growth plans include increasing Appraisal 3000’s market share in California, expansion into states where the company is well networked, and growth through acquisitions.

The above acquisitions represent an 80% share purchase by the Company with a combined appraisal of $ 760,000. SBDG used Series A convertible preferred shares (facing $ 760,000) with conversion to common shares of the Company at $ 2.50 per share or 80% of market, whichever is greater. These two acquisitions will be treated as investments.

Investment

The Company has undertaken a feasibility study on the manufacture of nitrile medical examination gloves in the United States. The study was co-sponsored with C2C Private Investment Company LLC, a subsidiary of SBDG. Based on the feasibility results, SBDG formed Strategic Manufacturers, Inc. (SMI) a Texas company to move forward with the project, which calls for SMI to build two large manufacturing plants in the Katy area, Cypress , in Texas. When fully operational, these factories will produce 4.5 billion nitrile examination gloves per year, as well as 120,000 metric tons of synthetic rubber, known as NBR (nitrile butadiene rubber), from from which the gloves are made. The value of the SMI project is $ 106 million in equity and $ 197 million in debt. SMI has engaged an Investment Banker to place the Offer.

Other initiatives

Management has several other initiatives underway which are designed to support SBDG’s strategies and business plan.

SBDG South East Asia (SBDG-SA) will be the exclusive agent for the origination of clients in South East Asia and will serve Malaysia, Indonesia, Singapore, Thailand and Vietnam by providing consultancy services financial and commercial to companies wishing to access US markets for their products. and services, and / or looking for a listing on a US stock exchange.

SBDG plans to launch a $ 10 million residential acquisition fund focused on the growing single-family residential (SFR) rental market.

The Company plans to acquire assets and create a fully integrated digital media company to support SBDG, its holding companies and affiliates, as well as its business customers.

Summary

In conclusion, SBDG management expects 2022 to be a year of construction that will form the basis for the remainder of the decade. Management designed SBDG’s share structure for long-term appreciation growth with only 30 million authorized common shares, of which 10,360,444 shares are issued and 950,651 shares in the free float. The Company will rely on preferred shares to acquire companies and increase its working capital, always seeking to protect common shareholders from unfair dilution.

SBDG’s strategy to raise growth capital to the extent possible will be at the subsidiary / portfolio level. The current exception is SMI in which SBDG has authorized a D 506 (c) settlement for up to $ 150 million of preferred shares; these actions are subject to a minimum fundraising of $ 120 million which, if successful, would have a significant positive impact on the overall value of SBDG.

The SBDG leadership team is committed to developing the fundamentals for our shareholders and in 2022 we will improve 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 monitor our progress as we move forward in implementing SBDG’s business plan.

Thank you for your time and support.

Respectfully,

/ s / Roy Y Salisbury

Roy Y Salisbury

Chief executive officer

About SBDG:

Small Business Development Group, Inc. (OTC: SBDG) is a publicly traded holding company. SBDG has an active mandate to identify and acquire operating companies with a preference for those in the field of small and medium enterprises (SMEs and SMEs) based in North America, in particular those showing modest but predictable growth and profitability in the over time. Ideal candidates for acquisition have an enterprise value of between $ 2 million and $ 50 million with positive cash flow between $ 500,000 and $ 5 million. SBDG’s intention for all acquisitions is to assert or establish strong business fundamentals and drive revenue growth and profitability. SBDG’s goal is to develop and align portfolio companies with high performance verticals and deliver added value to its stakeholders.

For more information, visit www.SBDGStock.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 press release does not constitute an offer to sell or a solicitation of offers to buy the securities of an entity. The forward-looking statements contained in this press release are based on information available to us as of the date hereof. Our actual results may differ materially from those indicated or implied in these forward-looking statements, due to the risks and uncertainties associated with our business.

Contact: Paul Knopick

pknopick @ eandecommunications


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