UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

_______________________

FORM 8-K

CURRENT REPORT

~~PURSUANT~~Pursuant TOto ~~SECTION~~Section 13 ORor 15(d) OFof ~~THE~~the Securities and Exchange Act of 1934

~~SECURITIES~~Date ~~EXCHANGE~~of ~~ACT~~Report OF(Date ~~1934~~of earliest event reported): January 9, 2015

Date of Report (Date of Earliest Event Reported): January 22, 2015

DEVELOPMENT CAPITAL GROUP, INC.

(Exact name of ~~registrant~~Registrant as specified in its charter)

Florida		000-54566		27-3746561
(State or other jurisdiction of incorporation)		(Commission File Number)		(~~I.R.S.~~IRS Employer Identification No.)

1932 Kellogg Ave. Carlsbad CA		92008
(Address of principal executive offices)		(Zip Code)

1932 Kellogg Ave.

Carlsbad, CA 92008

(Address of principal executive offices, including zip code)

(888) 415-7758

(Registrant's telephone number, including area code)

9190 West Olympic Blvd., Suite 200

Los Angeles, CA 90212

(~~888~~Former name or former address, if changed since last report.) ~~415-7758~~

~~(Registrant’s~~Check ~~telephone~~the ~~number,~~appropriate ~~including~~box ~~area~~below ~~code)~~if the Form 8-K filing is intended to simultaneously satisfy the filing obligations of the registrant under any of the following provisions:

~~9190~~[ ~~West~~] ~~Olympic~~Written ~~Blvd.,~~communication ~~Suite~~pursuant ~~200~~to ~~Los~~Rule ~~Angeles,~~425 CAunder ~~90212~~the Securities Act (17 CFR 230.425)

~~(Former~~[ ~~name~~] ifSoliciting ~~changed~~material ~~since~~pursuant ~~last~~to ~~report~~Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)

~~Check~~[ ~~the~~] ~~appropriate box below if the Form 8~~Pre-Kcommencement ~~filing~~communications ispursuant ~~intended~~ to ~~simultaneously~~Rule ~~satisfy~~14d-2(b) ~~the~~under ~~filing obligation of~~ the ~~registrant~~Exchange ~~under~~Act ~~any~~(17 ofCFR ~~the following provisions:~~240.14d-2(b))

~~Written~~[ ] Pre-commencement communications pursuant to Rule ~~425~~13e-4(c) under the ~~Securities~~Exchange Act (17 CFR ~~230~~240.~~425~~13e-4(c)).

~~Soliciting~~Item ~~material~~3.02 ~~pursuant to Rule 14a~~-12 ~~under~~Unregistered ~~the~~Sales ~~Exchange~~of ~~Act~~Equity ~~(17 CFR 240~~Securities.~~14a-12)~~

~~Pre-commencement~~On ~~communications~~January ~~pursuant~~9, 2015, the registrant Development Capital Group, Inc. (“Company”) issued five unsecured convertible promissory notes to ~~Rule~~five ~~14d~~Company debt-2holders in the aggregate principal amount of $779,095 (b“Notes”). ~~under~~The Notes were issued in exchange for Company debt previously held in the ~~Exchange~~form ~~Act~~of ~~(17~~promissory ~~CFR~~notes, ~~240~~a loan and merchant services debt.~~14d~~ The Notes: (i) accrue interest at 12% per year, (ii) are convertible at any time by holder into shares of Company common stock, (iii) may be pre-2paid at anytime by Company without penalty, (biv) have a conversion rate of 70% to of the average of the closing prices as reported on OTCMarkets for the 20 trading days prior to conversion, (v) and mature in 3 years from issuance.

~~Pre-commencement~~The ~~communications~~securities issued pursuant to ~~Rule~~the ~~13e-4(c)~~above transactions were not registered under the ~~Exchange~~Securities Act of 1933, as amended (17the ~~CFR~~“Securities ~~240.13e-~~Act”), or the securities laws of certain states, and were issued in reliance on the exemptions provided by Section 4(c2)) of the Securities Act and Regulation D promulgated thereunder and in reliance on similar exemptions under applicable state laws.

~~ITEM 4.01 CHANGES IN REGISTRANT'S CERTIFYING ACCOUNTANT.~~SIGNATURE

~~Previous~~Pursuant ~~independent~~to ~~registered~~the ~~public~~requirements ~~accounting~~of ~~firm~~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.

OnBy: ~~January 22, 2015, Development Capital Group, Inc. (the “Registrant” or the “Company”) was notified by L.L. Bradford & Company, LLC (“Bradford”) that the firm resigned as the Registrant’~~/s/ ~~independent~~Ray ~~registered~~Reyes public accounting firm. Except as noted in the paragraph immediately below, the reports of Bradford on the Company’s financial statements for the years ended March 31, 2014 and 2013 did not contain an adverse opinion or disclaimer of opinion, and such reports were not qualified or modified as to uncertainty, audit scope, or accounting principle.President

~~During~~Dated: ~~the~~February ~~years ended March 31~~5, ~~2014 and through January 22,~~ 2015, the Company has not had any disagreements with Bradford on any matter of accounting principles or practices, financial statement disclosure or auditing scope or procedure, which disagreements, if not resolved to Bradford’s satisfaction, would have caused them to make reference thereto in their reports on the Company’s financial statements for such periods.

During the year ended March 31, 2014 and through January 22, 2015, there were no reportable events, as defined in Item 304(a)(1)(v) of Regulation S-K.

The Company provided Bradford with a copy of this disclosure set forth under this Item 4.01 and was requested to furnish a letter addressed to the Securities & Exchange Commission stating whether or not it agrees with the above statements.

A copy of the letter from Bradford is attached hereto as Exhibit 16.1

New independent registered public accounting firm

On January 22, 2015 (the “Engagement Date”), the Company engaged KLJ & Associates, LLP (“KLJ”) as its independent registered public accounting firm for the Company’s fiscal year ended March 31, 2015. The decision to engage KLJ as the Company’s independent registered public accounting firm was approved by the Company’s Board of Directors.

During the two most recent fiscal years and through the Engagement Date, the Company has not consulted with KLJ regarding either:

the application of accounting principles to any specified transaction, either completed or proposed, or the type of audit opinion that might be rendered on the Company’s financial statements, and neither a written report was provided to the Company nor oral advice was provided that KLJ concluded was an important factor considered by the Company in reaching a decision as to the accounting, auditing or financial reporting issue; or

any matter that was either the subject of a disagreement (as defined in paragraph (a)(1)(iv) of Item 304 of Regulation S-K and the related instructions thereto) or a reportable event (as described in paragraph (a)(1)(v) of Item 304 of Regulation S-K).

Item 9.01 Financial Statements and Exhibits

(a) Exhibits

Exhibit No.	Description of Exhibit
16.1	Letter from L.L. Bradford & Company, LLC

SIGNATURES

Pursuant to the requirements of the Securities Exchange Act of 1934, as amended, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.

	DEVELOPMENT CAPITAL GROUP, INC.
Dated: January 27, 2015	By:	/s/ Ray Reyes
		Ray Reyes,
		President

Filing Compare · Development Capital Group, Inc.