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<head><title>Filed by Ched Corporate Solutions - www.chedcorp.com - 1-888-567-CHED (2433) - Development Capital - Form 8-K</title> </head> <body style="FONT-SIZE:10pt; FONT-FAMILY:Times New Roman; COLOR:#000000; MARGIN-TOP:0px"> <p style=MARGIN:0px><br></p> <p style=MARGIN:0px><br></p> <p style="FONT-SIZE:11pt; MARGIN:0px" align=center><b><font style=FONT-SIZE:16pt>UNITED STATES</font></b></p> <p style="FONT-SIZE:11pt; MARGIN:0px" align=center><b><font style=FONT-SIZE:16pt>SECURITIES AND EXCHANGE COMMISSION</font></b></p> <p style="FONT-SIZE:11pt; MARGIN:0px" align=center><b><font style=FONT-SIZE:16pt>Washington, D.C. 20549</font></b></p> <p style=MARGIN:0px align=center><font style=FONT-SIZE:16pt><br></font></p> <p style="FONT-SIZE:11pt; MARGIN:0px" align=center><b><font style=FONT-SIZE:16pt>FORM 8-K</font></b></p> <p style=MARGIN:0px align=center><br></p> <p style="FONT-SIZE:11pt; MARGIN:0px" align=center><b>CURRENT REPORT</b></p> <p style="FONT-SIZE:11pt; MARGIN:0px" align=center>Pursuant to Section 13 or 15(d) of the Securities and Exchange Act of 1934</p> <p style=MARGIN:0px align=center><br></p> <p style="FONT-SIZE:11pt; MARGIN:0px" align=center>Date of Report (Date of earliest event reported): &nbsp;<u>July 17, 2014</u></p> <p style=MARGIN:0px align=center><br></p> <p style="FONT-SIZE:11pt; MARGIN:0px" align=center><b><u><font style=FONT-SIZE:16pt>DEVELOPMENT CAPITAL GROUP, INC.</font></u></b></p> <p style="FONT-SIZE:11pt; MARGIN:0px" align=center>(Exact name of Registrant as specified in its charter)</p> <p style=MARGIN:0px align=center><br></p> <table bordercolor=transparent style="FONT-SIZE:10pt; MARGIN-TOP:0px" cellpadding=0 cellspacing=0 align=center> <tr style=FONT-SIZE:0px> <td width=229> <td width=18> <td width=162> <td width=18> <td width=211 /> </tr><tr> <td width=229 style="BORDER-BOTTOM:#000000 1px solid; MARGIN-TOP:0px" valign=top> <p style="FONT-SIZE:11pt; MARGIN:0px" align=center><br>Florida</p></td> <td width=18 style=MARGIN-TOP:0px valign=top> <p style=MARGIN:0px align=center><br></p></td> <td width=162 style="BORDER-BOTTOM:#000000 1px solid; MARGIN-TOP:0px" valign=top> <p style="FONT-SIZE:11pt; MARGIN:0px" align=center><br>000-54566</p></td> <td width=18 style=MARGIN-TOP:0px valign=top> <p style=MARGIN:0px align=center><br></p></td> <td width=211 style="BORDER-BOTTOM:#000000 1px solid; MARGIN-TOP:0px" valign=top> <p style="FONT-SIZE:11pt; MARGIN:0px" align=center><br>27-3746561</p></td></tr> <tr> <td width=229 height=41 style=MARGIN-TOP:0px valign=top> <p style="FONT-SIZE:11pt; MARGIN:0px" align=center>(State or other jurisdiction of incorporation)</p></td> <td width=18 height=41 style=MARGIN-TOP:0px valign=top> <p style=MARGIN:0px align=center><br></p></td> <td width=162 height=41 style=MARGIN-TOP:0px valign=top> <p style="FONT-SIZE:11pt; MARGIN:0px" align=center>(Commission File Number)</p></td> <td width=18 height=41 style=MARGIN-TOP:0px valign=top> <p style=MARGIN:0px align=center><br></p></td> <td width=211 height=41 style=MARGIN-TOP:0px valign=top> <p style="FONT-SIZE:11pt; MARGIN:0px" align=center>(IRS Employer Identification No.)</p></td></tr></table> <p style=MARGIN:0px align=center><br></p> <table bordercolor=transparent style="FONT-SIZE:10pt; MARGIN-TOP:0px" cellpadding=0 cellspacing=0 align=center> <tr style=FONT-SIZE:0px> <td width=384 /> </tr><tr> <td width=384 style="BORDER-BOTTOM:#000000 1px solid; MARGIN-TOP:0px" valign=top> <p style=MARGIN:0px align=center><b>9190 West Olympic Blvd., Suite 200, Beverly Hills, CA, 90212</b><font style=FONT-SIZE:11pt>&nbsp;</font></p></td></tr> <tr> <td width=384 style=MARGIN-TOP:0px valign=top> <p style="FONT-SIZE:11pt; MARGIN:0px" align=center>(Address of principal executive offices, including zip code)</p></td></tr> <tr> <td width=384 style=MARGIN-TOP:0px valign=top> <p style=MARGIN:0px align=center><br></p></td></tr> <tr> <td width=384 style="BORDER-BOTTOM:#000000 1px solid; MARGIN-TOP:0px" valign=top> <p style=MARGIN:0px align=center><b>(888) 415-7758</b><font style=FONT-SIZE:11pt> </font></p></td></tr> <tr> <td width=384 style=MARGIN-TOP:0px valign=top> <p style="FONT-SIZE:11pt; MARGIN:0px" align=center>(Registrant's telephone number, including area code)</p></td></tr></table> <p style=MARGIN:0px align=center><br></p> <p style=MARGIN:0px align=justify><br></p> <p style="FONT-SIZE:11pt; MARGIN:0px" align=center>Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligations of the registrant under any of the following provisions:</p> <p style=MARGIN:0px align=center><br></p> <p style="FONT-SIZE:11pt; MARGIN:0px" align=center>[ ] Written communication pursuant to Rule 425 under the Securities Act (17 CFR 230.425)</p> <p style="FONT-SIZE:11pt; MARGIN:0px" align=center>&nbsp;</p> <p style="FONT-SIZE:11pt; MARGIN:0px" align=center>[ ] Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)</p> <p style="FONT-SIZE:11pt; MARGIN:0px" align=center>&nbsp;</p> <p style="FONT-SIZE:11pt; MARGIN:0px" align=center>[ ] Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))</p> <p style="FONT-SIZE:11pt; MARGIN:0px" align=center>&nbsp;</p> <p style="FONT-SIZE:11pt; MARGIN:0px" align=center>[ ] Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c)).<br><br></p> <p style="FONT-SIZE:11pt; MARGIN:0px" align=justify> <table width=100% bordercolor=transparent cellspacing=0> <tr> <td style="BORDER-BOTTOM:#000000 3px solid"> <p align=center>&nbsp;</p></td></tr> <tr> <td style="BORDER-TOP:#000000 3px solid" /></tr></table></p> <p style="FONT-SIZE:11pt; MARGIN:0px" align=justify><br></p> <p style="MARGIN-BOTTOM:-2px; FONT-SIZE:11pt; WIDTH:48px; FLOAT:left; MARGIN-TOP:0px"><b><u>5.02</u> </b></p> <p style="FONT-SIZE:11pt; MARGIN:0px; TEXT-INDENT:-2px" align=justify><b><u>Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers.</u></b></p> <p style="CLEAR:left; MARGIN:0px" align=justify><br></p> <p style="MARGIN-BOTTOM:-2px; FONT-SIZE:11pt; WIDTH:48px; FLOAT:left; MARGIN-TOP:0px">(e)</p> <p style="FONT-SIZE:11pt; MARGIN:0px; TEXT-INDENT:-2px" align=justify>See Item 5.07 below.</p> <p style="CLEAR:left; MARGIN:0px" align=justify><br></p> <p style="MARGIN-BOTTOM:-2px; FONT-SIZE:11pt; WIDTH:48px; FLOAT:left; MARGIN-TOP:0px"><b><u>5.07</u></b></p> <p style="FONT-SIZE:11pt; MARGIN:0px; TEXT-INDENT:-2px" align=justify><b><u>Submission of Matters to a Vote of Security Holders.</u></b></p> <p style="CLEAR:left; MARGIN:0px" align=justify><br></p> <p style="FONT-SIZE:11pt; MARGIN:0px" align=justify>On July 17, 2014 a majority of the stockholders of Development Capital Group, Inc., a Florida corporation (the <font style="FONT-FAMILY:Arial Unicode MS,Times New Roman">&#147;</font><u>Company</u><font style="FONT-FAMILY:Arial Unicode MS,Times New Roman">&#148;</font>) adopted the Company<font style="FONT-FAMILY:Arial Unicode MS,Times New Roman">&#146;</font>s DLPM Stock Option Plan of 2014 (the <font style="FONT-FAMILY:Arial Unicode MS,Times New Roman">&#147;</font><u>Plan</u><font style="FONT-FAMILY:Arial Unicode MS,Times New Roman">&#148;</font>) by written consent in lieu of a meeting. The Plan had been approved by the Company<font style="FONT-FAMILY:Arial Unicode MS,Times New Roman">&#146;</font>s board of directors on June 18, 2014.</p> <p style=MARGIN:0px align=justify><br></p> <p style="FONT-SIZE:11pt; MARGIN:0px" align=justify>The terms of the Plan provide for the grant of incentive stock options, nonstatutory stock options, or restricted stock awards. The total number of shares of the Company's common stock available for issuance under the Plan is initially 20,000,000 shares. </p> <p style=MARGIN:0px align=justify><br></p> <p style="FONT-SIZE:11pt; MARGIN:0px" align=justify>A copy of the Plan is attached hereto, and incorporated by reference herein as <u>Exhibit 10</u>. The foregoing description of the Plan is qualified in its entirety by reference to the full text of the Plan.</p> <p style=MARGIN:0px align=justify><br></p> <p style="MARGIN-BOTTOM:-2px; FONT-SIZE:11pt; WIDTH:96px; FLOAT:left; MARGIN-TOP:0px"><b><u>Item 9.01</u> </b></p> <p style="FONT-SIZE:11pt; MARGIN:0px; TEXT-INDENT:-2px" align=justify><b><u>Financial Statements and Exhibits</u></b></p> <p style="CLEAR:left; MARGIN:0px" align=justify><br></p> <p style="FONT-SIZE:11pt; MARGIN:0px" align=justify>(d)&nbsp;&nbsp;Exhibits</p> <p style=MARGIN:0px align=justify><br></p> <table bordercolor=transparent style="FONT-SIZE:10pt; MARGIN-TOP:0px" cellpadding=0 cellspacing=0 align=left> <tr style=FONT-SIZE:0px> <td width=18> <td width=60> <td width=547 /> </tr><tr> <td width=18 style=MARGIN-TOP:0px valign=top> <p style="FONT-SIZE:11pt; MARGIN:0px" align=justify /></td> <td width=60 style=MARGIN-TOP:0px valign=top> <p style="FONT-SIZE:11pt; MARGIN:0px" align=justify>10</p></td> <td width=547 style=MARGIN-TOP:0px valign=top> <p style="FONT-SIZE:11pt; MARGIN:0px" align=justify>DLPM Stock Option Plan of 2014</p></td></tr></table> <p style=MARGIN:0px align=justify><br></p> <p style=MARGIN:0px><br></p> <p style="FONT-SIZE:11pt; MARGIN:0px" align=center><b><u>SIGNATURE</u></b></p> <p style=MARGIN:0px align=justify><br></p> <p style="FONT-SIZE:11pt; MARGIN:0px" align=justify>Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized.</p> <p style=MARGIN:0px align=justify><br></p> <p style=MARGIN:0px align=justify><br></p> <table bordercolor=transparent style="FONT-SIZE:10pt; MARGIN-TOP:0px" cellpadding=0 cellspacing=0> <tr style=FONT-SIZE:0px> <td width=49> <td width=16> <td width=289 /> </tr><tr> <td width=49 style=MARGIN-TOP:0px valign=top> <p style="FONT-SIZE:11pt; MARGIN:0px" align=justify><br>By:</p></td> <td width=16 style=MARGIN-TOP:0px valign=top> <p style=MARGIN:0px align=justify><br></p></td> <td width=289 style="BORDER-BOTTOM:#000000 1px solid; MARGIN-TOP:0px" valign=top> <p style="FONT-SIZE:11pt; MARGIN:0px" align=justify><br>/s/ <em>Shahbod Rastegar</em></p></td></tr> <tr> <td width=49 style=MARGIN-TOP:0px valign=top> <p style=MARGIN:0px align=justify><br></p></td> <td width=16 style=MARGIN-TOP:0px valign=top> <p style=MARGIN:0px align=justify><br></p></td> <td width=289 style=MARGIN-TOP:0px valign=top> <p style="FONT-SIZE:11pt; MARGIN:0px" align=justify>Shahbod Rastegar</p> <p style="FONT-SIZE:11pt; MARGIN:0px" align=justify>Chief Executive Officer</p></td></tr></table> <p style="FONT-SIZE:11pt; MARGIN:0px" align=justify>&nbsp;</p> <p style="FONT-SIZE:11pt; MARGIN:0px" align=justify>Dated: July 22, 2014</p> <p style=MARGIN:0px align=justify><br></p> <p style="FONT-SIZE:11pt; MARGIN:0px" align=justify>&nbsp;</p> <p style="FONT-SIZE:11pt; MARGIN:0px" align=justify> <p style=MARGIN:0px align=justify> <table width=100% bordercolor=transparent cellspacing=0> <tr> <td style="BORDER-BOTTOM:#000000 3px solid"> <p align=center>&nbsp;</p></td></tr> <tr> <td style="BORDER-TOP:#000000 3px solid" /></tr></table><br><br></p></body>
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Filed by Ched Corporate Solutions - www.chedcorp.com - 1-888-567-CHED (2433) - Development Capital - Form 8-K
UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 8-K
CURRENT REPORT
Pursuant to Section 13 or 15(d) of the Securities and Exchange Act of 1934
Date of Report (Date of earliest event reported):
July 17, 2014
DEVELOPMENT CAPITAL GROUP, INC.
(Exact name of Registrant as specified in its charter)
Florida
000-54566
27-3746561
(State or other jurisdiction of incorporation)
(Commission File Number)
(IRS Employer Identification No.)
9190 West Olympic Blvd., Suite 200, Beverly Hills, CA, 90212
(Address of principal executive offices, including zip code)
(888) 415-7758
(Registrant's telephone number, including area code)
Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligations of the registrant under any of the following provisions:
[ ] Written communication pursuant to Rule 425 under the Securities Act (17 CFR 230.425)
[ ] Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)
[ ] Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))
[ ] Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c)).
5.02
Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers.
(e)
See Item 5.07 below.
5.07
Submission of Matters to a Vote of Security Holders.
On July 17, 2014 a majority of the stockholders of Development Capital Group, Inc., a Florida corporation (the
"
Company
"
) adopted the Company
'
s DLPM Stock Option Plan of 2014 (the
"
Plan
"
) by written consent in lieu of a meeting. The Plan had been approved by the Company
'
s board of directors on June 18, 2014.
The terms of the Plan provide for the grant of incentive stock options, nonstatutory stock options, or restricted stock awards. The total number of shares of the Company's common stock available for issuance under the Plan is initially 20,000,000 shares.
A copy of the Plan is attached hereto, and incorporated by reference herein as
Exhibit 10
. The foregoing description of the Plan is qualified in its entirety by reference to the full text of the Plan.
Item 9.01
Financial Statements and Exhibits
(d)  Exhibits
10
DLPM Stock Option Plan of 2014
SIGNATURE
Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized.
By:
/s/
Shahbod Rastegar
Shahbod Rastegar
Chief Executive Officer
Dated: July 22, 2014