FUNDING OF SHARE REPURCHASES: On January 12, 2014, the Corporation entered into a Line of Credit Loan Agreement in the total amount of $750,000 to fund the cost of share repurchases over the agreed upon period of time. Full details of this Agreement are contained in a Filing dated January 13, 2014.
GNCC Capital, Inc. will be adding an additional 38 Claim Blocks to its “Burnt Well” Property, Totaling an additional 760 acres. This increases this Property Group size to 1,000 acres, making it significantly more important to the Company.
MWWC .0002, Getting a Makeover by $7 Public Company SBDG
OTC Disclosure & News Service
Saint Cloud, FL -
Small Business Development Group, Inc. (OTC: SBDG) The Engineering of a Public Company
May 2, 2014 (Saint Cloud, Florida) Small Business Development Group, Inc. (symbol: SBDG) announced today that it has signed an agreement to restructure Marketing Worldwide Corporation (OTC: MWWC) into a company with fundamentals. As part of the restructuring process, the current board of directors has appointed a new board comprised of SBDG senior executives, and then resigned from the board.
Chief Executive Officer Roy Y. Salisbury said today, ?As the new management we will now transform MWWC into a company with fundamentals by using our business model known as ?the Engineering a Public CompanyTM?. Prior to its own restructuring by the same model, SBDG was also a failing company. but today it is profitable, finishing last year with $17.8 million in revenue. We plan to do the same with MWWC.
SBDG company taking over MWWC stock price is $6.00
Small Business Development Group, Inc. (symbol: SBDG) announced today that it has signed an agreement to restructure Marketing Worldwide Corporation (OTC: MWWC) into a company with fundamentals. As part of the restructuring process, the current board of directors has appointed a new board comprised of SBDG senior executives, and then resigned from the board.
Chief Executive Officer Roy Y. Salisbury said today, ?As the new management we will now transform MWWC into a company with fundamentals by using our business model known as ?the Engineering a Public Company. Prior to its own restructuring by the same model, SBDG was also a failing company. but today it is profitable, finishing last year with $17.8 million in revenue. We plan to do the same with MWWC.