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Experience Art and Design Inc. (fka EXAD) RSS Feed

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https://www.otcmarkets.com/stock/EXAD/profile Experience Art and Design, Inc-EXAD



 
***EXAD UPDATE 8-16-17***

- REVERSE MERGER UNDERWAY w/ SALES OF $2.4 MILLION/YEAR (Native Outfitters - https://www.nativeoutfitters.com/ Q2-2017 REVUNES TOTALED $324,852

-PRODUCT IS SOLD IN DICK'S SPORTING GOODS AMONG OTHERS
https://www.dickssportinggoods.com/products/mens-native-outfitters-fishing-shirts-Chc-202042-2b9e0aac.jsp

- JULY 25, 2017, OPERATIONS IN BAHAMAS APPROVED BY GOVERNMENT ADDING REVENUE

- NEW MANAGEMENT, CEO TOOK OVER IN JULY 2017 BUYING UP TO 5% OF O/S

- WELLS FARGO LENDING PROPSAL FOR $325,000 IN NON-TOXIC  FUNDS FOR 2ND AQUISTION AND WORKING CAPITAL

                                             

Investor DD and Information 

MASTER DD LINK: Includes all 8k and Form 4 filings up through August 16, 2017:   https://investorshub.advfn.com/boards/read_msg.aspx?message_id=133900558

 
Reverse Triangle Merger Information:                                                                                                                                                                                  
Experience Art & Design, Inc. (OTC: EXAD) and Bahamas Development Corp. (OTC: BDCI) have agreed to merge the operating subsidiary of BDCI into EXAD. The transaction will be completed via a Triangular Reverse Merger once the audit in completed on the financials of the subsidiary.  BDCI will offer its shareholders the opportunity to voluntary exchange their shares of BDCI for shares of EXAD.  The current officers and Board members of BDCI, Eugene Caiazzo and Gary Brown will assume the same positions in EXAD, all current officers and Board members of EXAD shall resign.
 

Once the Triangle Reverse Merger is complete, the next step appears to be:

NOTE 9 - SUBSEQUENT EVENTS
The Company recently became aware of a merger transaction in 2008 that will make it very difficult, if not impossible, to audit the public company and file a Form 10. Since learning of this and desiring to be a SEC reporting company, management has been in discussion with an OTC Reporting company to engage in a merger that accomplishes several things;

 
1) the merger would not cause harm or loss of value to the shareholders of the Company,
2) it would allow the shareholders to own equity in an SEC reporting company;
3) it would assist the Company in its quest to build a manufacturing facility on the Island of Freeport, Grand Bahama;
4) the post-merger company should qualify to trade on the OTCQB.
Page 13 Note 9 of $BDCI Q
https://www.otcmarkets.com/ajax/showFinancialReportById.pdf?id=174086

 
NATIVE OUTFITTERS STORE:
https://www.nativeoutfitters.com/

                




 

Company Information 

Contact Info
7260 W. Azure Drive
Suite 140-952
Las Vegas, NV 89130
Phone: 702-347-8521
Share Structure
Authorized Shares - 375,000,000 as of August 16, 2017
Outstanding Shares - 339, 909,600 as of August 15, 2017
Transfer Agent(s)
Island Stock Transfer
15500 Roosevelt Boulevard
Suite 301
Clearwater, FL 33760
727-289-0010
http://www.islandstocktransfer.com
info@islandstocktransfer.co
 
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