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EXAD .0022 WELLS FARGO FINANCING NEWS More NEWS coming this week per filing:

Product review:
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=133057219


From 7-24-17 8k:

Quote:EXAD is pleased to announce our CEO has received a proposal from Wells Fargo, which includes a total of $325,000 in financing to complete its second acquisition. Wrapped within the financing is a Line of Credit for $75,000 to cover the first 30 days of operations during the turnover.The supporting documents needed by the bank to close on the financing have already begun to be returned to the bank from all parties.

Since this will be the second financing by Wells Fargo, a good portion of the supporting documents are already on file.

More updates to follow this week.

http://www.otcmarkets.com/edgar/GetFilingHtml?FilingID=12185804


From 7-12-17 8k:

Quote:On July 10, 2017 we entered into an Management Service Agreement with Bahamas Development Corporation (“BDCI”) to assume managerial responsibilities for its Performance Wear subsidiary. Under the terms of this Agreement, EXAD will begin booking 100% of the revenue generated by the subsidiary retaining all Net income as of July 1, 2017.
www.otcmarkets.com/edgar/GetFilingHtml?FilingID=12171604


From 7-5-17 8k:

Quote:On July 5, 2017, there was a change in control of Experience Art and Design, Inc., a corporation organized under the laws of the State of Nevada (the "Company").

In accordance with a mutually agreed upon transaction by and between the Company, Matthew Dwyer a majority shareholder (“Dwyer”), and Eugene Caiazzo an individual (“Caiazzo”) and controlling shareholder of Bahamas Development Corporation. (“BDCI”) and Gary Brown an individual (“Brown”) a Director of BDCI. The Company has unanimously agreed via its Board of Directors to appoint Caiazzo Director and CEO of the Company and appoint Brown a Director of the Company.
Therefore, in accordance with the transaction, the Company further accepted the resignation of Matthew Dwyer, as Director, Chief Executive Officer, Secretary, Treasurer/Chief Financial Officer effective July 5, 2017. Simultaneously, the Board of Directors appointed Caiazzo and Brown as members of the Board of Directors and Caiazzo as Chief Executive Officer, Secretary and Treasurer/Chief Financial Officer of the Company.

Eugene Caiazzo – serves as Chief Executive Officer, Secretary and Treasurer/Chief Financial Officer and Director for the Company
As of March 1, 2016, Mr. Caiazzo has accepted the responsibility of President for Native Outfitters, a Performance Apparel Company. In his first 4 months of leadership, the Company has doubled its output capacity, and looks to triple it by the end 2017. While Mr. Caiazzo was a neophyte to the garment industry, his business acumen has proved invaluable to Native, production and sales increases combined with reductions of overheads, have allowed the Company to set all-time records for sales and profitability. In addition, for over 30 years Mr. Caiazzo has been involved with international Sales, Marketing and procurement of a wide-range of products, from beverages and consumer electronics to computer peripherals much more. He possesses the following geographical expertise as: sales and marketing in CALA (Caribbean & Latin American) region and the US, and a long history of both US and Asian procurement. Mr. Caiazzo has been directly and indirectly associated with world-class companies such as, Coca-Cola, Panasonic, Sony, Hewlett-Packard, Arrow Electronics and Avnet, just to name a few. This diverse Corporate and regional/global expertise, should serve the company well.
Mr. Caiazzo attended Rutgers University and Majored in Philosophy through 1982, after which he began his international career.
Gary Brown – serves as a Director for the Company
During the past twenty-five plus years, Mr. Brown has been involved in organizational leadership and management. Since 2005 to present date, Mr. Brown has been employed with the Department of Defense, as a Deputy Director in Operations Management, pursuant to which his duties include, but are not limited to, the following: (i) working with various upper executive management in operations management and support; (ii) preparing and providing security operating procedures and material; (iii) maintaining and developing leadership structures within the organization; (iv) coordinating visits by foreign nationals to governmental installations and other secure contract facilities; (v) coordinating cross functional agencies supporting mission needs and milestones; and (vi) financial management as well as budget distribution and execution.

Full 8k:
https://www.otcmarkets.com/edgar/GetFilingHtml?FilingID=12158934


From 6-27-17 8k:

Quote:“EXAD” and BDCI will execute their management agreement on or around July 7, 2017. Both companies wish to complete a true up count of inventory prior to entering into the management agreement. Bahamas Development Corp. “BDCI” is having a busy month with several orders that need to be delivered for July Fourth, which combined with scheduled vacation time make it impossible to complete this task by July 1, 2017.
EXAD has invited Mr. Eugene Caiazzo, the President of BDCI to join the Board of EXAD and to become its President. Mr. Caiazzo has accepted the offer and will officially become an officer and director effective July 1, 2017.

EXAD has now completed 2 of the 3 steps to complete the transaction with the final steps being the management agreement and Asset Purchase Agreement. Once those two documents have been completed our current President Mr. Matthew Dwyer will resign from all positions with EXAD. This is expected to take place no later than July 15, 2017. The company will then file its 14C and complete the processes of the Triangular Reverse Merger.

EXAD has been informed that BDCI and Mr. Eugene Caiazzo are working with their banking partner to complete the funding of their second acquisition. The closing of the second acquisition is expected to be anywhere between the 15 and 31 of July, 2017.
https://www.otcmarkets.com/edgar/GetFilingHtml?FilingID=12145907


From 6-22-17 8k:

Quote:“EXAD” would like to announce the Company has been informed that its shares are now DTC eligible and will settle electronically.

This should clear the way for potential investors to trade the shares that have blocked because of the shares not being eligible.
https://www.otcmarkets.com/edgar/GetFilingHtml?FilingID=12140369


From 6-20-17 8k:

Quote:Experience Art & Design, Inc. (OTC: EXAD) and Bahamas Development Corp. (OTC: BDCI) have agreed to merge the operating subsidiary of BDCI into EXAD ($2.4 million in revenue for 2016-2017).

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.
Read full 8k here:
www.otcmarkets.com/edgar/GetFilingHtml?FilingID=12136265