U.S. SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C.
Amendment No. 1 to
FORM 10-SB
GENERAL FORM FOR REGISTRATION OF SECURITIES
OF SMALL USINESS ISSUERS UNDER SECTION 12(b)
OR 12(g) OF THE SECURITIES EXCHANGE ACT OF 1934
CAPITAL DEVELOPMENT GROUP, INC.
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(Name of Small Business Issuer in Its Charter
Oregon 33-1113777
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(State or Other Jurisdiction of (I.R.S. Employer
Incorporation organization) Identification no.)
4129 Main Street, Suite 100A, Riverside, CA 92501-3625
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(Address of Principal Executive offices) (Zip Code)
(909) 276-0873
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(Issuer's Telephone Number)
Securities to be registered under Section 12(b) of the Act:
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(Title of Class)
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(Title of Class)
Securities to be Registered under Section 12(g) of the Act:
Title of Each Class Name of Each Exchange on Which
to be so Registered Each Class is to be Registered
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Common Stock NASDAQ OTC BBS
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PART F/S
Capital Development Group, Inc.
Balance Sheet
As of March 31, 1999
Mar 31, '99
ASSETS
Current Assets
Checking/Savings
Trust Account 6,027.72
Total Checking/Savings 6,027.72
Total Current Assets 6,027.72
TOTAL ASSETS 6,027.72
LIABILITIES & EQUITY
Liabilities
Current Liabilities
Other Current Liabilities
Loan from Gordon Root 20,000.00
Due to DWT 2,702.15
Due to Mike Vahl 39,893.90
Total Other Current Liabilities 62,596.05
Total Current Liabilities 62,596.05
Total Liabilities 62,596.05
Equity
Paid in Capital 2,040,941.73
Offering Expenses -9,149.50
Common Stock 698.95
Treasury Stock-common-for resal -0.10
Retained Earnings -2,073,108.54
Net Income -15,950.87
Total Equity -56,568.33
TOTAL LIABILITIES & EQUITY 6,027.72
Page 1
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Capital Development Group, Inc.
Profit and Loss
January through March 1999
Jan - Mar '99
Ordinary Income/Expense
Expense
Management Fees 9,450.00
Professional Fees
Legal Fees 4,748.59
Total Professional Fees 4,748.59
Rent 450.00
Telephone 207.89
Travel & Ent 1,094.39
Total Expense 15,950.87
Net Ordinary Income -15,950.87
Net Income -15,950.87
Page 2
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Capital Development Group, Inc.
Balance Sheet
As of June 30, 1999
Jun 30, '99
ASSETS 0.00
LIABILITIES & EQUITY
Liabilities
Current Liabilities
Other Current Liabilities
Due to Porter & Co. 1,637.58
Loan from Gordon Root 20,000.00
Due to DWT 3,907.40
Due to Mike Vahl 50,249.42
Total Other Current Liabilities 75,794.40
Total Current Liabilities 75,794.40
Total Liabilities 75,794.40
Equity
Paid in Capital 2,040,941.73
Offering Expenses -9,149.50
Common Stock 698.95
Treasury Stock-common-for resal -0.10
Retained Earnings -2,073,108.54
Net Income -35,176.94
Total Equity -75,794.40
TOTAL LIABILITIES & EQUITY 0.00
Page 3
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Capital Development Group, Inc.
Profit and Loss
April through June 1999
Apr - Jun '99
Ordinary Income/Expense
Expense
Management Fees 7,150.00
Postage and Delivery 14.00
Professional Fees
Accounting 5,079.75
Legal Fees 4,470.55
Total Professional Fees 9,550.30
Rent 450.00
Telephone 168.27
Travel & Ent 1,893.50
Total Expense 19,226.07
Net Ordinary Income -19,226.07
Net Income -19,226.07
Page 4