Davi Luxury Brand Group, Inc. (OTCPK:MDAV) announced a private placement of common shares for gross proceeds of $300,000 on July 11, 2012. The securities will be issued pursuant to Regulation D. On the same day, the company issued 800,000 shares at $0.1 per share to an accredited investor for gross proceeds of $80,000. On August 6, 2012, the company issued 250,000 shares at $0.1 per share to an accredited investor for gross proceeds of $25,000. On August 14, 2012, the company issued 250,000 shares at $0.1 per share to an accredited investor for gross proceeds of $25,000.