Small Business Development Group, Inc. has signed a Memorandum of Understanding for the acquisition of a real estate appraisal company. Closing of acquisitions is subject to satisfactory completion of due diligence. As a publicly traded holding company on OTC Markets, the company's plan is to build its portfolio with industry centric verticals. This is the first step in the development of a vertical of real estate holdings for the company. This acquisition target is a real estate appraisal company based in California, is well-networked, and has been growing steadily since inception, with 2020 revenue in excess of $600,000 and 2021 on a run rate to exceed the previous year. With an infusion of capital, technology, and human resources the company plans to support existing management and expand operations into Nevada, Arizona, Idaho, Texas, Florida and North Carolina.