CARLSBAD, Calif., March 3, 2015 /PRNewswire/ -- DEVELOPMENT
CAPITAL GROUP, INC. (OTC: DLPM, "the Company") In connection with
the resignation of our officer and director Shahbod Rastegar, the registrant Development
Capital Group, Inc. cancelled and returned to treasury 33,000,000
shares of outstanding common stock. The company now has 72,542,735
shares of outstanding common stock.
About Development Capital Group, Inc.
Development Capital Group, Inc. (OTC: DLPM) develops businesses
and technologies with significant potential for growth and customer
acquisition. Development Capital Group, Inc. identifies and invests
in early-stage technology companies that have the potential to
disrupt traditional industries and transform markets. With
experience building successful businesses, we expect our team to
help companies who either have undervalued assets or whose existing
businesses require capital investment in order to achieve scale.
For more information visit www.DevelopmentCapital.com
About Clearance.co
Clearance.co is revolutionizing the shopping experience by
bringing customers the finest quality, the best selection, the best
service, and the lowest priced merchandise. Working directly
with Manufacturers and Distributors, Clearance.co is an online
destination for closeout and clearance products and genuinely
helpful customer service. Clearance.co is headquartered in
Carlsbad, California. For
more information visit www.clearance.co
Safe Harbor Statements
This press release contains certain forward-looking statements
within the meaning of the Private Securities Litigation Reform Act
of 1995 regarding the Company's results of operation, financial
position and long-term strategies. These forward-looking statements
involve risks and uncertainties that include, among others, risks
related to competition, management of growth, new products,
services and technologies, potential fluctuations in operating
results, international expansion, commercial agreements,
acquisitions and strategic transactions, and fraud. More
information about factors that potentially could affect the
Company's financial results are included in the Company's filings
with the Securities and Exchange Commission, including its most
recent Annual Report on Form 10-Q or 10-K and subsequent
filings.
Contact information Corporate Offices:
Development Capital Group, Inc.
1932 Kellogg Ave
Carlsbad, CA 92008
http://www.DevelopmentCapital.com
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at http://developmentcapital.com/investor-alerts
Investor Relations:
+1-800-305-7090
ir@DLPMinc.com
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SOURCE Development Capital Group, Inc.