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Posted on 10 June 2014.
By
Development Capital Group, Inc. (DLPM) invests and develops businesses and technologies that hold a significant potential for growth and customer acquisition.
DLPM analyzes market trends and seeks for opportunities to leverage the company’s understanding of technologies and create efficiency in under-services markets, primarily in industries benefitting from online and mobile applications. As so, the company actively searches for and acquires companies with intellectual property, or proprietary tools, which have the potential to acquire a larger market share in the following sectors: real estate, data mining, transportation logistics, entertainment, financial, healthcare, retail and consumer goods, and mobile.
Currently, the company portfolio includes an E-Commerce Acquisition of one of the world’s fastest growing ecommerce website headquartered in Santa Monica, California, Clearance.co, who works directly with manufacturers and distributors to offer products at closeout and clearance prices. Since its inception in April 2013, the company introduces its 344,000 members with new products each day at largely discounted price for a limited time. As a result, the company generated $2.1 million in revenues from April 2013 – December 2013, where the company had total sales exceeding $150,000 on Cyber Monday and $1 million for the month of December.
In another market, DLPM also takes part in the real estate market through RealtyValuator.com, an online residential real estate application that allows real estate investors to research foreclosure properties in real-time, use tools to assess the variance between the listing price and property value, and offer insights into the online auctions in the government foreclosure system.
Symbol: DLPM [ Current PPS: $0.36 Outstanding Shares: 25.9M Float: N/A – a/o June 10, 2014 ]
Website(s): www.developmentcapital.com
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