Small Business Development Group, Inc. (OTC Pink: SBDG) announces that it retained Avalon Securities, Ltd., a New York-based investment banking and advisory firm to advise it on various financial projects. Avalon is a FINRA-registered broker dealer. Andrew Clapp, a Managing Director at Avalon, has more than 25 years of private equity, venture capital and investment banking experience, having funded and/or advised more than 3-dozen companies.
Chief Executive Officer, Roy Salisbury said today, "Avalon's skills and network will assist the Company in pursuing its growth strategy, and complement SBDG's strategy of 'Engineering a Public Company." Our relationship with Avalon will provide us with the strategic and financial advice needed in today's changing financial environment.
Small Business Development Group, Inc. is a holding company acquiring companies for its own portfolio, and is a strategic business solutions firm providing services to companies requiring cutting-edge financial advice in the area of corporate growth and exit strategies.
This press release contains statements, which may constitute "forward-looking statements" within the meaning of the Securities Act of 1933 and the Securities Exchange Act of 1934, as amended by the Private Securities Litigation Reform Act of 1995. Those statements include statements regarding the intent, belief or current expectations of Small Business Development Group, Inc. and members of its management as well as the assumptions on which such statements are based. Prospective investors are cautioned that any such forward-looking statements are not guarantees of future performance and involve risks and uncertainties, and that actual results may differ materially from those contemplated by such forward-looking statements. The Company undertakes no obligation to update or revise forward-looking statements to reflect changed assumptions the occurrence of unanticipated events or changes to future operating results.
Chief Executive Officer
Avalon Securities, Ltd.
Contact: Andrew Clapp
(617)-535-9928, Ext. 701
SOURCE: Small Business Development Group, Inc.