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Bahamas Development Corp. (BDCI)

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Last Post: 9/9/2016 9:58:40 AM - Followers: 10 - Board type: Free - Posts Today: 0
 
Bahamas Development Corporation OTC:

BDCI





Bahamas Development Corporation offers business services to companies doing business in the Bahamas and the Caribbean region through its working
 relationship with the Bahamas Port Authority.

Bahamas Development Corporation (BDCI) will focus on start-up businesses and slightly mature businesses, which are still in their early stages of development. These businesses typically fall in the category of 1-3 year-old companies.

Our focus is on businesses that are looking for a more tax friendly environment in the Bahamas, due to the Hawksbill Creek Agreement. BDC will guide client companies through the process of obtaining financing, business license, office space, employment personnel and business support in order to help them achieve success. This full-service approach is a novelty in the Bahamas. BDC’s goal is to be the “go to” firm for international businesses seeking to set up in the Caribbean.


  
Our focus is on businesses that are looking for a more tax friendly environment in the Bahamas, due to the Hawksbill Creek Agreement.
Bahamas Development Corporations’ (BDCI) goal is to be a premier consulting and full service business recruiting company, which brings
manufacturing, agricultural, medical tourism and other opportunities to the Island.

Job creation is one of our chief expectations.  The unemployment rate is roughly 17%, which is triple that of the U.S.

Since the Bahamas heavily depend on the U.S. through tourism, this presents an opportunity to begin the process of working with the various partners to build a more diversified economy. Over the course of the next 12 months BDCI will have the multiple revenue streams from its Island operations.
Key target of opportunities include development of light manufacturing and agricultural businesses.


SUBSIDIARIES

 

AQUAPONICS FARM

 

We plan to create an indoor state-of-the-art aquaponics farm in Freeport.
The Bahamas imports 97% of its food or roughly $1 billion dollars from other countries. BDCI plans to penetrate 7-10% of this market over the next 5 years.
BDCI recognizes this as an opportunity to bring more economic opportunity, provide jobs, and help keep the Bahamian dollar within the country.
This venture is in line with the vision of Prime Minister Christie to produce more food on the island.
 

BDCI will have the only large commercial scale aquaponics farm on the main island of the Grand Bahamas. The farm will grow mainly leafy green produce such as spinach, kale, lettuce, and a variety of spices.  The aquaponics farm will also have the capability of producing strawberries, tomatoes, and other fruiting vine plants.
 

BOTTLED WATER

 
The Grand Bahama Port Authority "GBPA" owns and controls underground fresh water springs high in alkaline content. The water is so clean that it only requires simple filtration thus negating the need for Reverse osmosis.

The GBPA is willing to sell spring water to BDCI, this giving us the only nationally recognized bottled spring water that has the backing of the Port Authority and the Bahamian government.

BDCI desires to create a water company that identifies with the people of Bahamas, we want to produce the first official water of Bahamas and do for bottled water what Kalik Beer -- the official beer of the Bahamas -- has done for beer.

 
We believe that we can produce superior bottled water with the natural spring waters of the Bahamas, which is naturally fortified with minerals. With great name recognition and national support, this water can be become an export product, just like Fiji Water.

SOUVENIRS



The Bahamas imports over $250 million dollars' worth of souvenirs per year. BDCI is establishing the only t-shirt manufacturing plant on the island that will be able to produce graphic t-shirts, hats, tote bags and other souvenirs.

BDCI will maintain an inventory that will simultaneously lower the costs for local consumer-facing retailers, and make the company competative and highly profitable.

Creating a souvenir factory will increase local jobs potential and increase the GDP in the domesti manufacturing sector.


The cost per t-shirt will enable the company to be competitive with China and create an export market back to the United States.  The main advantages BDCI will have over other foreign manufactures will be lead-time for buyers and minimum order quantities. 

Corporate Developments:


- BDCI has completed all necessary paperwork to file its name change to Bahamas Development Corporation with the Nevada Secretary of State (NVSOS)
 - The company plans to file with FINRA and apply for a change in ticker symbol
 
- The Company launched its corporate website 
http://www.bahamasdevelopmentcorp.com/ as well as its Twitter feed and Facebook page (see below)

- BDCI announces the successful completion of its audit
 
- The Company signed an engagement letter with MaloneBailey LLP in February 2016.
The move enables the Company to become fully reporting by making appropriate filings with the Securities and Exchange Commission (SEC). The Company has already retained legal counsel for this purpose.


- Once the Company becomes fully reporting, it will then be eligible to trade on the OTCQB or other exchange.

- The Company anticipates that the move will lead to an increase in long-term shareholders.

Corporate Details:

Company Officers/Contacts
Derrick Lefcoe - President

Company Directors
Gary L. Brown
Derrick Lefcoe

Accounting/Audit Firm
Malone Bailey LLP
9801 Westheimer Road
Suite 1100
Houston, TX 77042

Legal Counsel
Bauman & Associates Law Firm
6440 Sky Pointe Dr
Suite 140-149
Las Vegas, NV  89131

Share Structure

Authorized Shares: 250,000,000 as of August 5, 2016
Outstanding Shares: 148,187,610
as of August 5, 2016
Float: 29,021,900 as of August 5, 2016
 
Transfer Agent
Madison Stock Transfer Inc.

Investor Relations

Phone: 769-218-1796
Email: info@bahamasdevelopmentcorp.com
https://twitter.com/bahamasdevcorp
https://www.facebook.com/Bahamas-Development-Corporation-469640663243771/
info@bahamasdevelopmentcorp.com
http://www.bahamasdevelopmentcorp.com
 
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BDCI
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KSTV News: Bahamas Development Corp. KSTV – $100 Million in Revenue Over next 5 Years 07/13/2016 09:20:00 AM
KSTV News: Bahamas Development Corp. (OTC Pink: KSTV) $100 million in Revenue over Next 5 Years 07/13/2016 08:30:00 AM
KSTV News: Bahamas Development Corporation OTC: KSTV 05/04/2016 09:43:22 AM
KSTV News: KSTV HOLDING CO. FILES NAME CHANGE AND LAUNCHES BAHAMAS DEVELOPMENT CORPORATION WEBSITE 05/03/2016 12:22:17 PM
PostSubject
#239  Sticky Note NEWS OUT!!!! HERE COMES THE BOOM! Bane 07/21/16 09:31:20 AM
#236  Sticky Note Morgan Stanley predicts that, by 2020, activewear will Geryon 07/21/16 07:54:29 AM
#257   Should be interesting soon enough hopefully. Wonder if Bane 09/09/16 09:58:40 AM
#256   BDCI offer is primed for a run, looking Geryon 09/08/16 02:16:01 PM
#255   Lefcoe is the President/ Director here.. Interesting B0tt0M WaTcH3R 07/29/16 08:05:39 PM
#254   Agree with the float, without any shares out B0tt0M WaTcH3R 07/29/16 05:18:04 PM
#253   I love the Float here and they just Geryon 07/29/16 05:13:43 PM
#252   At least bring out some million of shares, B0tt0M WaTcH3R 07/29/16 04:58:11 PM
#251   I would love to see some filings here.. B0tt0M WaTcH3R 07/29/16 04:55:39 PM
#250   Its getting there progress is being made as Geryon 07/29/16 03:22:53 PM
#249   Huge spread.. This one needs liquidity... B0tt0M WaTcH3R 07/29/16 02:34:03 PM
#248   For some reason I believe this prediction. You Bane 07/28/16 02:19:05 PM
#247   Ah, yes the Company BDCI released news yesterday Geryon 07/22/16 01:16:50 PM
#246   Thing is its not new news at all. elkonig 07/22/16 12:24:42 PM
#245   Not really, first Pr under the new name, Geryon 07/21/16 12:05:46 PM
#244   float is now 29,021,900 that's 7 mill less Geryon 07/21/16 12:03:56 PM
#243   It has barely traded since 2010/2012 under the Geryon 07/21/16 12:03:30 PM
#242   Disappointing morning with the stock down on good news 2kimberly 07/21/16 11:55:16 AM
#241   This is a new startup and is kinda Bane 07/21/16 10:41:35 AM
#240   Such good news but no volume? I don't knowmystuff 07/21/16 10:34:31 AM
#239   NEWS OUT!!!! HERE COMES THE BOOM! Bane 07/21/16 09:31:20 AM
#238   “The athleisure phenomenon looks set to continue into Geryon 07/21/16 07:57:13 AM
#237   US consumers spent $323 billion on apparel, footwear Geryon 07/21/16 07:55:36 AM
#236   Morgan Stanley predicts that, by 2020, activewear will Geryon 07/21/16 07:54:29 AM
#235   $BDCI BAHAMAS DEVELOPMENT CORP. ANNOUNCES LOI TO ACQUIRE $Pistol Pete$ 07/21/16 07:12:17 AM
#234   Nice movement up on low volume. Bane 07/20/16 09:23:04 AM
#232   Very interesting here. My question is, besides the colt8806 07/19/16 12:14:02 PM
#231   sorry, "sticky" colt8806 07/19/16 12:11:46 PM
#230   Why is this a stick? Do either one colt8806 07/19/16 12:11:06 PM
#229   Hopefully things will begin to move here. Bane 07/19/16 09:08:20 AM
#228   KST Holding Co., KSTV, changed to Bahamas Development Renee 07/14/16 04:05:47 PM
#227   This post is intended to bring all those captgor 07/14/16 03:50:08 PM
#226   NEWS!!!! NAME CHANGE APPROVED!!!!! Bane 07/14/16 03:31:48 PM
#225   What universe do you live in? It is Bane 07/14/16 03:26:01 PM
#224   That's from 2016, one year ago. Hasnt happened elkonig 07/14/16 01:22:59 PM
#223   Well well well! Looks like someone is on Bane 07/14/16 12:53:40 PM
#222   These are facts. captgor 07/14/16 12:46:18 PM
#221   Looks like the flea circus is up and captgor 07/14/16 12:44:49 PM
#220   This is not a fact. captgor 07/14/16 12:01:28 PM
#219   Just the FACTS that's all. No Edgar filings elkonig 07/14/16 11:57:12 AM
#218   What would be helpful to the board is captgor 07/14/16 11:52:04 AM
#217   SEC compliant as per May 3rd PR? I elkonig 07/14/16 10:17:05 AM
#216   These guys at KSTV couldn't operate a flea elkonig 07/14/16 09:51:31 AM
#215   News flash sunshine!!! The OTC is full of Bane 07/14/16 09:45:15 AM
#214   This company doesn't even have the capability to elkonig 07/14/16 09:14:16 AM
#213   Could you have doubled your money yesterday on Bane 07/14/16 09:02:36 AM
#212   That's not news, that's a paid promo either elkonig 07/14/16 08:54:09 AM
#211   NEWS OUT!!!!!! Bane 07/13/16 03:41:46 PM
#210   The Level II shows nothing between .08 and Bane 07/13/16 03:32:59 PM
#209   There is a name change coming? WTH! OOOOOOHHHHHH Bane 07/13/16 03:28:25 PM
#208   Very true, add the name change becoming effective Geryon 07/13/16 03:25:44 PM
#207   I think it really doesn't matter. Most peeps Bane 07/13/16 03:25:22 PM
PostSubject