Development Technologies Corp Issues Shareholder Update

As of December 31, 2023, the Company had 500,000,000 shares par value $0.001 of Common Stock authorized, a total of which 11,000,995 and 1,000,995  shares were issued and outstanding as of December 31, 2023, and December 31, 2022, respectively.

Today the Company CEO Samuel Eisenberg has announced the purchase of an additional 10,000,000 shares of the Company’s common stock for $100,000. On April 28, 2022 the Company effected a 1 for 1000 reverse stock split.  Prior to the split, there were 249,966,493 shares outstanding. Post-split there were 250,974 shares outstanding after considering fractional shares.

Additional funding may be used to help successfully execute the companies plans for expansion into 10 target US markets as further explained in the Development Technology website DVTC.CO.

Development Technologies Corp. launched a website to provide ongoing information of its new direction as a Real Estate Technology Company.

The website is in beta form. However, it  will continue to provide ongoing information of the direction the Company has taken. Samuel Eisenberg, the current CEO, announced the potential acquisition of certain strategic assets as well fixed fee service contracts to clear the path to a more stable ongoing cash flow.

DVTC, along with its affiliated executives, is committed to maximizing the value of its assets, connections and affiliations to provide land research design and entitlement services for integrated mixed use projects with 500+ dwelling units as well as associated commercial spaces. These developments will include residential and commercial spaces, leveraging advanced technology and strategic partnerships. Additionally the company will entertain any opportunities which may presented from time to time.

Our goal is to replicate successful models from upstate New York across other US Markets. Our focus is on land identification, entitlement option/acquisition, while identifying strategic development plan and partners.

Currently Sam Eisenberg CEO is an equity owner and/or a related party to many of DVTC identified partners, affiliated companies etc. as well as potential fee based service contract providers.

DVTC Exit Strategy may include selling projects with completed entitlements to national community builders.

Safe Harbor Act: Forward-Looking Statements are included within the meaning of Section 27A of the Securities Act of1933, and Section 21E of the Securities Exchange Act of 1934, as amended. All statements regarding our expected future financial position, results of operations, cash flows, financing plans, business strategy, products and services, competitive positions, growth opportunities, plans and objectives of management for future operations, including words such as "anticipate," "if," "believe," "plan," "estimate," "expect," "intend," "may," "could," "should," "will," and similar expressions are forward-looking statements and involve risks, uncertainties and contingencies, many of which are beyond our control, which may cause actual results, performance, or achievements to differ materially from anticipated results, performance, or achievements. We are under no obligation to (and expressly disclaim any such obligation to) update or alter forward-looking statements, whether as a result of new information, future events or otherwise.