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Bahamas Development Corp. (BDCI)

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Last Post: 1/20/2017 5:14:27 PM - Followers: 15 - 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: [email protected]
https://twitter.com/bahamasdevcorp
https://www.facebook.com/Bahamas-Development-Corporation-469640663243771/
[email protected]
http://www.bahamasdevelopmentcorp.com

KSTV HOLDING CO. FILES NAME CHANGE AND LAUNCHES BAHAMAS DEVELOPMENT CORPORATION WEBSITE - May 3, 2016
http://ih.advfn.com/p.php?pid=nmona&article=71338775

Bahamas Development Corp. Announces LOI to Acquire Performance Lifestyle Apparel Company - July 21, 2016
https://finance.yahoo.com/news/bahamas-development-corp-announces-loi-095500324.html

Bahamas Development Corp. Announces Acquisition of Norland BF-3000 XLT Semi-Automated Water Line - Dec 1, 2016
https://finance.yahoo.com/news/bahamas-development-corp-announces-acquisition-210100003.html




Download the Hawksbill Creek Agreement & Amendments from the GBPA website: - Apr 29, 2016
https://twitter.com/BahamasDevCorp/status/725979671670611968

NVSOS has made the change from Kstv to Bahamas Development Corporation - May 3, 2016
https://twitter.com/BahamasDevCorp/status/727571818857435137

and have mutually agreed that it is no longer in 's interest to work with . - May 6, 2016
https://twitter.com/BahamasDevCorp/status/728630403855192064

update: Follow FINRA Daily List for official name + ticker change. - July 14, 2016
https://twitter.com/BahamasDevCorp/status/753623827687563264

Goodbye Kstv Holding Co, hello Bahamas Development Corporation. - July 14, 2016
https://twitter.com/BahamasDevCorp/status/753627033759023104

Bahamas Development Corp. Announces LOI to Acquire Performance Lifestyle Apparel Company - July 21, 2016
https://twitter.com/BahamasDevCorp/status/756069257381765120

Bahamas Development Corp -- -- has reduced its float from 36,021,900 to 29,021,900. - July 21, 2016
https://twitter.com/BahamasDevCorp/status/756159984157675522

S-1 progressing according to schedule. - Aug 16, 2016
https://twitter.com/BahamasDevCorp/status/765552218422607872

upgraded to OTC Pink Current status - Nov 17, 2016
https://twitter.com/BahamasDevCorp/status/799401084083204096

decided to roll its audit through the end of September 2016, prior to filing its S1 registration. - Nov 22, 2016
https://twitter.com/BahamasDevCorp/status/801025790896959488

Bahamas Development Corp. Announces Acquisition of Norland BF-3000 XLT Semi-Automated Water Line - Dec 1, 2016
https://twitter.com/BahamasDevCorp/status/804436162609692672

Bahamas Development Corps subsidiary, Bahama Springs 500ml label design. - Dec 5, 2016
https://twitter.com/BahamasDevCorp/status/805792579967193089


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#406  Sticky Note Bahamas Development Corp. Announces Acquisition of Norland BF-3000 PennyMaster 12/01/16 04:37:02 PM
#334  Sticky Note Share Structure BDCI Tweet Bane 11/28/16 11:52:10 AM
#669   It seems that way based on CEDECO up Geryon 01/20/17 06:35:17 AM
#668   We are at the bottom of our new GREGG THE GREEK 01/20/17 02:26:12 AM
#667   Just checking in. Getti g some volume now. Nice. flacrusher 01/19/17 03:32:00 PM
#666   I'm right there with you on that.... Geryon 01/19/17 01:45:05 PM
#665   There are so few eyes on this right flacrusher 01/19/17 01:40:33 PM
#664   Looking forward to it and it's coming GREGG THE GREEK 01/19/17 12:44:52 PM
#663   Imagine when #BDCI has an average daily trading Geryon 01/19/17 11:46:33 AM
#662   Very telling indeed. GREGG THE GREEK 01/19/17 11:38:40 AM
#661   Agree 100% Geryon 01/19/17 11:29:47 AM
#660   Extremely Small Float, Management not afraid to sign Geryon 01/19/17 11:25:37 AM
#659   $BDCI L2 looks thin.. not much to push PennyMaster 01/19/17 11:22:41 AM
#658   Agreed. A little resistance here then up UP GREGG THE GREEK 01/19/17 11:21:35 AM
#657   Tightening up in the .20s now. GREGG THE GREEK 01/19/17 11:20:53 AM
#656   I believe you are on to something...Once $.25 Geryon 01/19/17 11:20:17 AM
#655   $BDCI watching for .25 break, .50 next PennyMaster 01/19/17 11:17:35 AM
#654   Yep look at that and it took a Geryon 01/19/17 10:22:06 AM
#653   Bid continues to move up also :-) GREGG THE GREEK 01/19/17 10:09:57 AM
#652   Makes me all warm and giggly thinking about Geryon 01/19/17 09:55:41 AM
#651   Fantastic !!! GREGG THE GREEK 01/19/17 09:38:41 AM
#650   Very nice Geryon flacrusher 01/19/17 09:07:37 AM
#649   Link to Funding Tweet Geryon 01/19/17 08:57:36 AM
#648   We all missed this yesterday! $BDCI 25% investment required Geryon 01/19/17 06:12:20 AM
#647   Someone is using software though and that's for dlc7509 01/18/17 09:55:17 AM
#646   Correct! dlc7509 01/18/17 09:53:44 AM
#645   Makes sense with an odd block to be Geryon 01/18/17 09:52:49 AM
#644   Nice opening this morning on BDCI....It just continues Geryon 01/18/17 09:51:04 AM
#643   Shares are there, probably AON, not showing on dlc7509 01/18/17 09:50:34 AM
#642   That is odd. GREGG THE GREEK 01/18/17 09:45:54 AM
#641   I didn't miss those however! dlc7509 01/18/17 09:44:44 AM
#640   I'll be damned, it changed before I got there! dlc7509 01/18/17 09:39:58 AM
#639   Very thin here w BDCI. GREGG THE GREEK 01/17/17 02:27:17 PM
#638   Part of doing it the right way. :-) GREGG THE GREEK 01/17/17 02:26:37 PM
#637   And then higher. flacrusher 01/17/17 02:24:09 PM
#636   $BDCI Agreed.. Watch for a potential move to .50+ PennyMaster 01/17/17 02:23:24 PM
#635   And zero dilution. flacrusher 01/17/17 02:22:22 PM
#634   It is indeed my friend. GREGG THE GREEK 01/17/17 02:21:45 PM
#633   Thst is very good news. flacrusher 01/17/17 02:20:16 PM
#632   $BDCI Bahamas Dev Corp @BahamasDevCorp PennyMaster 01/17/17 02:18:42 PM
#631   Just goes to show you what top notch GREGG THE GREEK 01/17/17 11:12:50 AM
#630   Seems like within the next couple of weeks Geryon 01/17/17 11:04:53 AM
#629   Fantastic update BDCI GREGG THE GREEK 01/17/17 10:05:16 AM
#628   Nice !!!! GREGG THE GREEK 01/16/17 07:58:52 PM
#627   Bahamian press sharing the news. Bahamas is picking Geryon 01/16/17 11:16:13 AM
#626   Doing it the right way. GREGG THE GREEK 01/15/17 11:57:18 PM
#622   Yes it is working its business plan they Geryon 01/10/17 09:12:31 AM
#621   I did, but was busy today and will GREGG THE GREEK 01/09/17 10:58:57 PM
#619   Anyone else notice the Bid ticked up to Geryon 01/09/17 01:38:38 PM
#618   Nice that's the way to build a stock Geryon 01/09/17 12:42:03 PM
#617   $BDCI Big Blocks at .20 PennyMaster 01/09/17 12:22:41 PM
#616   $BDCI The chart is a thing of beauty... PennyMaster 01/08/17 09:58:33 PM
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