DLPM Receives DTC Eligibility -- Development Capital Group, Inc. (DLPM) announces DTC eligibility. --
BOCA RATON, FL, November 20, 2012 /24-7PressRelease/ -- Development Capital Group, Inc. (OTCQB: DLPM) a Florida corporation announced in March of this year that the Depository Trust Company (DTC) has granted the company eligibility status after its go public direct transaction. DLPM became public through a direct public offering registering its common shares with the Securities and Exchange Commission. Brenda Hamilton and Hamilton & Associates oversaw the legal and SEC compliance for the company during the going public process. DTC Eligibility enables ownership of the company's shares to be transferred electronically by the DTC.
Brenda Hamilton, a securities lawyer from Hamilton & Associates, securities counsel for Development Capital Group, stated, "Electronic trading through DTC is the standard in today's financial markets, and becoming DTC-eligible greatly simplifies the process of trading and exchanging a public company's common stock and improves market liquidity. Companies who are unable to obtain DTC eligibility often fail to establish active trading markets for their securities. DTC eligibility is critical to a successful going public transaction."
Development Capital Group, Inc. is a transportation intermediary that provides truckload and less than truckload delivery services to shippers of cargo. These delivery service providers used by the Company include national trucking companies, mid-sized fleets, small fleets and owner-operators of single trucks. The Company selects its transportation considering factors such as price, technology capabilities, geographic coverage and quality of service, licensure, insurance, and safety rating.
Hamilton & Associates Securities Law and securities lawyer, Brenda Hamilton of Boca Raton Florida founded http://www.SecuritiesLawyer101.com and GoPublic101.com to assist public and private companies in securities law matters and go public direct transactions. The firm specializes in representing issuers in go public direct transactions, DTC eligibility, SEC compliance and registration, Securities law and forensic analysis of securities transactions including reverse mergers and trading matters.
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