Small Business Development Group Inc (SBDG)

[MoneyWorksForMe]

Walking the Talk

SBDG is our laboratory. We are now implementing 'in practice' the strategy 'we have been preaching'. And it is working!

SBDG is a work in progress, but we are very pleased with its evolution thus far. You will find it interesting and instructive to follow our progress as we prove out our model and execute on the Strategic Plan.

Roy Salisbury - Thursday, October 03, 2013


Many of you who have been following my blog have probably noticed that I have not posted many new articles lately. This is primarily due to the fact that my associates and I have been spending nearly every waking hour implementing our strategy for Engineering a Public Company in the real world! To be specific, we have successfully cleaned up and are in the process of re-engineering a small pink sheet company, now named Small Business Development Group, Inc., trading on the OTC Markets as SBDG.

In my previous post entitled Engineering of a Public Company II, I gave some background relating to the manner in which I am proving out my opinions, strategies and methodologies. Previously, I have written about the myths associated with being a publically-traded company, and I have discussed the factors and considerations that a company should weigh before choosing this path. I have also written about the pitfalls of ‘pump and dump’ schemes and the mirage of trying to sustain a company on cheap stock without paying attention to fundamentals.

SBDG is our laboratory. We are now implementing in practice the strategy we have been preaching. And it is working!

Fifteen weeks ago, my partners and I entered into an agreement to restructure a public company called Virogen, Inc. Virogen was at the end of its life cycle and was going to shut down in its entirety. This company, like many public companies of the time, floundered for years with little direction and no long-term planning. Like many companies, this firm could not raise capital in any conventional way and spent much of its time trying to promote itself to raise money through the sale of cheap stock. Rarely does this type of effort ever produce real and lasting results, and it did not in this case.

We embarked on an effort to divest the company of unprofitable and unsustainable activities. We completed a reverse split to restore market credibility and completed the necessary filings and registrations with the State of Texas. FINRA has approved our restructuring and has granted the change of name to Small Business Development Group, Inc., trading as SBDG. We have also received DTC clearance for electronic trading of SBDG shares.

SBDG has now completed its restructuring and has adopted a Strategic Plan that lays out our vision for moving ahead for the short, medium and long term. You can find this document on OTC Markets under Videos and Presentations http://www.otcmarkets.com/stock/SBDG/quote.

SBDG is a work in progress, but we are very pleased with its evolution thus far. You will find it interesting and instructive to follow our progress as we prove out our model and execute on the Strategic Plan.

http://www.rysalisbury.com/_blog/Roy_Y_Salisbury