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Bahamas Development Corporation
330 Edgewood Terrace
Suite B
Jackson, MS 39206
United States
769-218-1796
http://bahamasdevelopmentcorp.com
Bahamas Development Corporation provides consulting and business recruiting services that gets manufacturing, agricultural, medical tourism, and other opportunities to the Bahamas. It provides bottled water; and imports and sells souvenirs for tourists. Its opportunities include development of light manufacturing and agricultural businesses. It focuses on start-up businesses and slightly mature businesses; and small businesses. Bahamas Development Corporation was formerly known as KSTV Holding Co. and changed its name to Bahamas Development Corporation in July 2016. The company was incorporated in 2008 and is headquartered in Jackson, Mississippi.
Bahamas Development Corp. (OTC Pink: BDCI) Executes First LOI - $100 million in Revenue
Print
Alert
Miami, FL -- July 21, 2016 -- InvestorsHub NewsWire -- EmergingGrowth.com, a leading independent small cap media portal with an extensive history of providing unparalleled content for the Emerging Growth markets and companies, reports on Bahamas Development Corp. (OTC Pink: BDCI).
BDCI – Bahamas Development Corp. (OTC Pink: BDCI) Executes First LOI - $100 million in Revenue over Next 5 Years
BDCI - Taking the Bahamas by Storm
BDCI May not be at these levels much longer
See the News as well as a Full Report on Bahamas Development Corp. (OTC Pink: BDCI) at EmergingGrowth.com
http://emerginggrowth.com/?s=BDCI
Bahamas Development Corp. (OTC Pink: BDCI), new to EmergingGrowth.com formerly known as KSTV Holdings, Inc., is a business-consulting firm that hopes to become a premier recruiting service of bringing businesses and opportunities to the Bahamas.
BDCI has just announced the execution of a Letter of Intent (LOI) to acquire a wholesale turnkey Performance Lifestyle Apparel company with existing operations and distribution channels.
The target company has a multi-year operating history, and currently has several hundred thousand dollars of revenue with a profit margin of 49%.
With more three additional revenue streams from island operations: aquaponics, bottled water, and souvenirs, Bahamas Development Corporation (OTC Pink: BDCI) could be bringing in as much as $100 million in revenue over the next five years.
Bahamas Development Corporation (OTC Pink: BDCI)’s business model is so unique and niche, the company has no direct or even remotely close competition in the development of the Bahamas and attracting further business investment to the island nation.
In short, Bahamas Development Corporation (OTC Pink: BDCI) appears to be undervalued when considering the earnings potential of its four segments and BDCI could see its market cap expand into the mid-teen millions.
Outside of direct financial returns, the company is also looking to provide opportunities to the 17% unemployed Bahamian workers, focusing on helping the Bahamas grow, and see their citizens’ standard of living rise.
BDCI May not be at these levels much longer
See the News as well as a Full Report on Bahamas Development Corp. (OTC Pink: BDCI) at EmergingGrowth.com
http://emerginggrowth.com/?s=BDCI
Other Emerging Growth News
Greenkraft, Inc.
Alternative automotive fuels and accessories company, Greenkraft Inc. (OTCQB: GKIT) is rallying 13.50% on extremely heavy volume during trading on Wednesday, July 20, 2016. Over the past three months, Greenkraft Inc. (OTCQB: GKIT) has seen average daily volume of around 25,985 shares. However, over 3.04 million shares or dollar volume of around $495,520 has already exchanged hands during the trading session Wednesday.
There is no new updates out today that would explain the 13.50% jump in shares of Greenkraft Inc. (OTCQB: GKIT). The last update that was given from the company came on July 11, 2016, when Greenkraft Inc. (OTCQB: GKIT) announced they had entered into an agreement with Allison Transmission Holdings, Inc. to supply company with trucks that contain Greenkraft Inc. (OTCQB: GKIT) alternative fuel systems.
Here is a link to the original story on EmergingGrowth.com: http://emerginggrowth.com/greenkraft-inc-otcqb-gkit-rallies-13-50-heavy-volume/
Innovus Pharmaceuticals, Inc.
Innovus Pharmaceuticals, Inc. (OTCQB: INNV), is a company focusing on the commercialization of over-the-counter ("OTC") and consumer products for men's and women's health, vitality and respiratory diseases.
The company announced Monday, the closing of an additional $0.75 million convertible promissory note investment from institutional investors for a total of $2.25M. The convertible promissory notes have a $0.25 fixed conversion price and bear an interest rate of 10% and mature in 13 months.
After it’s 100% run over the past six trading sessions, the company saw its first 10% pullback yesterday. EmergingGrowth.com first covered the company back in May. Here is a link to our original article:
http://emerginggrowth.com/innovus-pharmaceuticals-inc-otcqb-innv-jumps-over-20-after-strong-earnings-release/
WRIT Media Group, Inc.
WRIT Media Group, Inc. (OTCQB: WRIT) recently began seeing some volume in its stock in mid-June trading around $.25 per share. Since then, The company has discussed Blockchain based payment systems which helped the stock see new highs of over $1.00 per share.
There have not been any announcements since July 11 and the stock has lost approximately 70% of its steam. The company is currently late on its 10K for the period ending 3/31/2016.
About EmergingGrowth.com
EmergingGrowth.com is a leading independent small cap media portal with an extensive history of providing unparalleled content for the Emerging Growth markets and companies. Through its evolution, EmergingGrowth.com found a niche in identifying companies that can be overlooked by the markets due to, among other reasons, trading price or market capitalization. We look for strong management, innovation, strategy, execution, and the overall potential for long- term growth. Aside from being a trusted resource for the Emerging Growth info-seekers, we are well known for discovering undervalued companies and bringing them to the attention of the investment community. Through our parent Company, we also have the ability to facilitate road shows to present your products and services to the most influential investment banks in the space.
Disclosure:
All information contained herein as well as on the EmergingGrowth.com website is obtained from sources believed to be reliable but not guaranteed to be accurate or all-inclusive. All material is for informational purposes only, is only the opinion of EmergingGrowth.com and should not be construed as an offer or solicitation to buy or sell securities. The information may include certain forward-looking statements, which may be affected by unforeseen circumstances and / or certain risks. This report is not without bias. EmergingGrowth.com has motivation by means of either self-marketing or EmergingGrowth.com has been compensated by or for a company or companies discussed in this article. Full details about which can be found in our full disclosure, which can be found here, http://www.emerginggrowth.com/disclosure-5788/. Please consult an investment professional before investing in anything viewed within. When EmergingGrowth.com is long shares it will sell those shares. In addition, please make sure you read and understand the Terms of Use, Privacy Policy and the Disclosure posted on the EmergingGrowth.com website.
CONTACT:
Company: EmergingGrowth.com - http://www.EmergingGrowth.com
Contact Email: EmergingGrowth1@gmail.com
Morgan Stanley predicts that, by 2020, activewear will represent $83 billion in sales
Jackson, MS -- July 21, 2016 -- InvestorsHub NewsWire -- Bahamas Development Corporation (OTC: BDCI) has executed a Letter of Intent (LOI) to acquire a wholesale turnkey Performance Lifestyle Apparel company with existing operations and distribution channels. The target company has a multi-year operating history, and currently has several hundred thousand dollars of revenue with a profit margin of 49%.
The business specializes in wholesale and retail sportswear for women. The target Company sells its own trademark brand whose quality is comparable to or better than other famous brands with higher price points. The Company has continuous innovation of new designs to generate repeat purchases, with a focus in online events and flash sales. The business has clients throughout the US who are revenue producing. The subscription service model ensures that 100% of clients generate repeat business.
The rise in athleisure has given apparel sales a significant boost in the last couple of years. In 2014, US consumers spent $323 billion on apparel, footwear and accessories, according to The NPD Group. This was a $2 billion increase from the prior year, and largely thanks to dramatic growth in sales of activewear. Morgan Stanley predicts that, by 2020, activewear will represent $83 billion in sales, “stealing market share from non-athletic apparel.” According to Stylus, “The athleisure phenomenon looks set to continue into 2016 and beyond, and is now on course to become one of the fastest-growing global apparel product categories in the second half of this decade.”
Pursuant to the terms, the buyer will purchase 100% of all classes of stock of the seller, all trademarks, all assets, and all current and future business operations of the Seller.
Bahamas Development Corporation is also in the process of performing due diligence on several companies in the apparel industry with combined revenues that exceed $5 million annually, and which manufacture and sell their own apparel lines. Profile distribution channels are resorts, surf shops, online, and international sales. By relocating all manufacturing to the Bahamas the Company can save on labor costs driving profits up significantly.
In other news:
Kstv Holdings Co. received approval on Friday July 15, 2016 to change its name and ticker to Bahamas Development Corporation, ticker (“BDCI”).
Bahamas Development Corporation, in compliance with SEC regulations, may in the future use social media outlets like Facebook or Twitter and its own website to announce key information in compliance with Reg FD.
For additional information about this release please contact:
Investor Relations:
769-218-1796
https://twitter.com/bahamasdevcorp
https://www.facebook.com/Bahamas-Development-Corporation-469640663243771/
info@bahamasdevelopmentcorp.com
http://www.bahamasdevelopmentcorp.com/
Forward-Looking Statements
This news release contains "forward-looking statements" as that term is defined in Section 27(a) of the United States Securities Act of 1933, as amended and Section 21(e) of the Securities Exchange Act of 1934, as amended. Statements in this press release which are not purely historical are forward-looking statements and include any statements regarding beliefs, plans, expectations or intentions regarding the future. Such forward-looking statements include, among other things, estimates of services and equipment markets, release of corporate apps, growth of platform, target markets, product releases, product demand and, business strategy. Actual results could differ from those projected in any forward-looking statements due to numerous factors. Such factors include, among others, the inherent uncertainties associated with new projects and development stage companies. These forward-looking statements are made as of the date of this news release, and we assume no obligation to update the forward-looking statements, or to update the reasons why actual results could differ from those projected in the forward-looking statements. Although we believe that any beliefs, plans, expectations and intentions contained in this press release are reasonable, there can be no assurance that any such beliefs, plans, expectations or intentions will prove to be accurate. Investors should consult all of the information set forth herein and should also consider that any investment in securities is at risk.
Details of the Company's business, finances, appointments and agreements can be found as part of the Company's continuous public disclosure on otcmarkets.com.
BDCI--still moving?
I'm actually a Forbes magazine writer, and am doing a piece on BDCs. I wanted to chat with some investors interested in the securities. Would love if anyone reached me at abrown@forbes.com.
BDCI .035 keep on watch this could easily break out to new highs over.10 imo
NITE back on Bid again...
Market Depth For Bdc Capital Inc Delayed (7:58 PM EST)
Level II Quotebook
Time MMID Size Bid
15:14 NITE 50 0.027
07:30 SACM 50 0.025
07:30 VFIN 50 0.021
11:47 ETRD 50 0.021 ↓
07:30 HDSN 50 0.02
07:30 DOMS 50 0.02
07:30 FRAN 50 0.015
07:30 HILL 50 0.010
07:30 SCHB 50 0.010
07:30 PERT 50 0.010
07:30 PUGS 50 0.010
07:30 UCAP 50 0.010
08:01 BAMM 50 0.010 ↓
07:30 GNET 0 0.000
Ask Size MMID Time
0.03 50 SCHB 07:30
0.03 50 HDSN 07:30
0.03 50 FRAN 07:30
↑ 0.03 50 NITE 15:14
0.04 50 VFIN 07:30
0.04 50 SACM 07:30
0.043 50 ETRD 11:47
0.056 50 UCAP 07:30
↓ 0.08 50 BAMM 08:01
0.30 50 DOMS 07:30
0.60 25 HILL 07:30
7.00 5 PERT 07:30
11.00 2 PUGS 07:30
BDC CAPITAL INC - : BDCI
Time & Sales
Rec. Time Action Price Volume
3:14:04 PM Ask 0.03 5000
3:09:10 PM Ask 0.029 5000
3:09:08 PM Ask 0.03 5000
3:04:48 PM Ask 0.028 5000
3:04:46 PM Ask 0.03 5000
3:03:40 PM Trade 0.027 2500
3:03:06 PM Bid 0.027 5000
2:47:10 PM Ask 0.029 5000
2:30:46 PM Trade 0.025 5000
1:43:46 PM Trade 0.025 11000
1:32:46 PM Bid 0.025 5000
1:30:26 PM Bid 0.026 5000
1:05:34 PM Trade 0.025 15000
1:05:12 PM Trade 0.025 20000
1:05:10 PM Trade 0.025 10000
1:03:52 PM Trade 0.025 5000
12:57:00 PM Bid 0.025 5000
12:40:02 PM Ask 0.03 5000
12:36:44 PM Ask 0.029 5000
12:34:00 PM Bid 0.027 5000
12:34:00 PM Ask 0.03 5000
12:34:00 PM Trade 0.027 5000
12:33:20 PM Ask 0.027 5000
12:33:18 PM Ask 0.03 5000
12:32:02 PM Ask 0.027 5000
12:26:34 PM Ask 0.03 5000
12:24:26 PM Ask 0.029 5000
12:18:24 PM Bid 0.025 5000
12:16:52 PM Bid 0.028 5000
12:10:42 PM Bid 0.025 5000
12:10:32 PM Ask 0.03 5000
12:09:48 PM Bid 0.027 5000
12:08:02 PM Bid 0.025 5000
12:07:34 PM Bid 0.027 5000
12:05:38 PM Ask 0.029 5000
12:05:06 PM Bid 0.025 5000
11:48:52 AM Trade 0.027 15000
11:48:10 AM Bid 0.027 5000
11:48:10 AM Ask 0.03 5000
11:48:10 AM Trade 0.027 5600
11:47:28 AM Ask 0.027 5000
11:47:28 AM Bid 0.025 5000
11:47:28 AM Trade 0.027 25000
11:47:06 AM Trade 0.027 2400
11:47:06 AM Trade 0.028 2400
11:47:06 AM Trade 0.027 2000
11:47:04 AM Trade 0.028 2000
10:29:08 AM Trade 0.03 8500
10:28:26 AM Trade 0.03 500
Today's Time and Sales from freerealtime.com, and the latest MM lineup after close...
*BDC CAPITAL INC* - : *BDCI*
*Time & Sales*
Rec. Time Action Price Volume
3:59:34 PM Ask 0.03 5000
3:52:04 PM Ask 0.029 5000
2:49:52 PM Trade 0.027 5900
2:49:14 PM Trade 0.027 2500
1:26:36 PM Ask 0.03 5000
1:25:44 PM Ask 0.028 5000
1:25:44 PM Bid 0.027 5000
1:25:34 PM Bid 0.028 50000
1:25:26 PM Trade 0.029 5000
1:22:18 PM Trade 0.029 5000
1:22:16 PM Trade 0.029 50000
12:49:58 PM Trade 0.03 5990
12:38:10 PM Trade 0.03 50000
12:34:08 PM Trade 0.03 4500
12:32:38 PM Bid 0.029 5000
10:46:14 AM Bid 0.028 50000
10:43:28 AM Bid 0.027 5000
10:43:20 AM Trade 0.03 15000
Market Depth For Bdc Capital Inc Delayed (8:07 PM EST)
Level II Quotebook
Time MMID Size Bid
13:25 ETRD 50 0.027 ↓
15:59 NITE 50 0.026
08:41 SACM 50 0.025
13:26 VFIN 50 0.021 ↓
07:30 HDSN 50 0.02
07:30 DOMS 50 0.02
07:30 FRAN 50 0.015
07:30 HILL 50 0.010
07:30 SCHB 50 0.010
07:30 PERT 50 0.010
07:30 PUGS 50 0.010
07:30 UCAP 50 0.010
08:01 BAMM 50 0.010 ↓
13:25 GNET 0 0.000 ↓
Ask Size MMID Time
0.03 50 SCHB 07:30
0.03 50 HDSN 07:30
0.03 50 FRAN 07:30
↑ 0.03 50 NITE 15:59
↓ 0.04 50 SACM 08:41
0.04 50 VFIN 13:26
0.043 50 ETRD 13:25
0.056 50 UCAP 07:30
↓ 0.08 50 BAMM 08:01
0.30 50 DOMS 07:30
0.60 25 HILL 07:30
7.00 5 PERT 07:30
11.00 2 PUGS 07:30
I just don't know why they are so quiet. This thing gets news and it is going to run big time if the news is pretty decent.
.028 x .03 getting tight could move huge gnet on the bid 9new mm??? on this?
activity in recent days as well as latest pr leeds me to believe new developements is in the works and with the low os 4 mil this could move real high in a matter of minutes lets see
NITE back on Bid, eh?
Market Depth For Bdc Capital Inc Delayed (8:21 PM EST)
Level II Quotebook
Time MMID Size Bid
15:40 NITE 50 0.026 ↑
08:56 SACM 50 0.025
09:50 ETRD 50 0.022 ↓
07:30 VFIN 50 0.021
07:30 HDSN 50 0.02
07:30 DOMS 50 0.02
07:30 FRAN 50 0.015
07:30 HILL 50 0.010
07:30 SCHB 50 0.010
07:30 PERT 50 0.010
07:30 PUGS 50 0.010
07:30 UCAP 50 0.010
08:01 BAMM 50 0.010 ↓
07:30 GNET 0 0.000
Ask Size MMID Time
0.03 50 SCHB 07:30
0.03 50 HDSN 07:30
0.03 50 FRAN 07:30
0.03 50 NITE 15:40
0.04 50 VFIN 07:30
0.043 50 ETRD 09:50
0.056 50 UCAP 07:30
↑ 0.07 50 SACM 08:56
↓ 0.08 50 BAMM 08:01
0.30 50 DOMS 07:30
0.60 25 HILL 07:30
7.00 5 PERT 07:30
11.00 2 PUGS 07:30
Wall down to 4 MMs at 0.03...
SACM moved up to 0.07, and to the Bid...
Market Depth For Bdc Capital Inc Delayed (1:29 PM EST)
Level II Quotebook
Time MMID Size Bid
08:56 SACM 50 0.025
09:50 ETRD 50 0.022 ↓
07:30 VFIN 50 0.021
07:30 HDSN 50 0.02
07:30 DOMS 50 0.02
07:30 FRAN 50 0.015
07:30 HILL 50 0.010
07:30 SCHB 50 0.010
07:30 PERT 50 0.010
07:30 PUGS 50 0.010
07:30 UCAP 50 0.010
08:01 BAMM 50 0.010 ↓
07:30 NITE 50 0.0028
07:30 GNET 0 0.000
Ask Size MMID Time
0.03 50 NITE 07:30
0.03 50 SCHB 07:30
0.03 50 HDSN 07:30
0.03 50 FRAN 07:30
0.04 50 VFIN 07:30
0.043 50 ETRD 09:50
0.056 50 UCAP 07:30
↑ 0.07 50 SACM 08:56
↓ 0.08 50 BAMM 08:01
0.30 50 DOMS 07:30
0.60 25 HILL 07:30
7.00 5 PERT 07:30
11.00 2 PUGS 07:30
Wall of 5 MMs at 0.03...
Market Depth For Bdc Capital Inc Delayed (5:27 PM EST)
Level II Quotebook
Time MMID Size Bid
07:30 VFIN 50 0.021
07:30 DOMS 50 0.02
12:20 SACM 50 0.02
12:52 ETRD 50 0.02 ↓
12:52 HDSN 50 0.02
12:52 FRAN 50 0.015 ↓
07:30 HILL 50 0.010
07:30 PERT 50 0.010
07:30 PUGS 50 0.010
07:30 UCAP 50 0.010
08:01 BAMM 50 0.010 ↓
12:52 SCHB 50 0.010
14:54 NITE 50 0.0028
07:30 GNET 0 0.000
Ask Size MMID Time
↓ 0.03 50 SACM 12:20
↓ 0.03 50 SCHB 12:52
↓ 0.03 50 FRAN 12:52
↓ 0.03 50 HDSN 12:52
↑ 0.03 50 NITE 14:54
0.04 50 VFIN 07:30
0.043 50 ETRD 12:52
0.056 50 UCAP 07:30
↓ 0.08 50 BAMM 08:01
0.30 50 DOMS 07:30
0.60 25 HILL 07:30
7.00 5 PERT 07:30
11.00 2 PUGS 07:30
So the MMs are jerking BDCI all around--what is going on? Over 0.04 yesterday, and a huge wall at 0.03 today???
Here's some time and sales from yesterday:
BDC CAPITAL INC - : BDCI
Time & Sales most recent next page
Rec. Time Action Price Volume
1:41:12 PM Ask 0.041 5000
1:39:08 PM Ask 0.043 5000
1:31:42 PM Ask 0.042 5000
1:11:56 PM Trade 0.043 10000
12:45:58 PM Ask 0.043 5000
12:39:54 PM Ask 0.042 5000
12:36:26 PM Bid 0.039 5000
12:35:54 PM Bid 0.035 5000
12:35:48 PM Trade 0.039 10000
12:35:46 PM Ask 0.043 5000
12:34:34 PM Ask 0.04 5000
12:34:22 PM Ask 0.043 5000
12:33:52 PM Ask 0.042 5000
12:33:22 PM Ask 0.043 5000
12:29:06 PM Ask 0.041 5000
12:25:12 PM Ask 0.043 5000
12:24:02 PM Ask 0.042 5000
12:23:32 PM Ask 0.043 5000
12:23:26 PM Trade 0.04 9400
12:17:52 PM Ask 0.04 5000
12:15:40 PM Bid 0.039 5000
12:15:10 PM Bid 0.035 5000
12:15:04 PM Trade 0.04 5000
12:15:02 PM Trade 0.04 5000
12:12:56 PM Ask 0.042 5000
12:11:54 PM Bid 0.04 5000
12:11:08 PM Ask 0.043 5000
12:05:40 PM Ask 0.041 5000
12:05:38 PM Ask 0.043 5000
12:01:52 PM Ask 0.042 5000
11:56:28 AM Ask 0.043 5000
11:53:30 AM Bid 0.039 5000
11:53:00 AM Trade 0.04 5000
11:53:00 AM Ask 0.04 5000
11:53:00 AM Bid 0.035 5000
11:52:56 AM Trade 0.04 30000
11:52:42 AM Trade 0.04 1300
11:52:40 AM Trade 0.043 1300
11:50:50 AM Trade 0.043 19000
11:50:36 AM Ask 0.043 5000
11:48:06 AM Ask 0.045 5000
11:48:02 AM Ask 0.04 5000
11:48:02 AM Bid 0.04 5000
11:48:02 AM Bid 0.075 5000
11:48:00 AM Bid 0.125 5000
11:47:58 AM Ask 0.045 5000
11:47:58 AM Bid 0.075 5000
11:47:50 AM Trade 0.04 5000
11:45:00 AM Trade 0.039 10000
11:44:24 AM Trade 0.039 5000
11:44:24 AM Bid 0.039 5000
11:44:22 AM Ask 0.04 5000
11:44:18 AM Trade 0.039 65200
11:34:40 AM Bid 0.03 5000
11:29:24 AM Trade 0.039 3885
11:27:40 AM Trade 0.039 500
11:24:42 AM Trade 0.025 3000
10:48:22 AM Trade 0.039 200
10:32:42 AM Ask 0.039 5000
9:55:54 AM Trade 0.03 3245
9:50:34 AM Ask 0.03 5000
9:50:34 AM Bid 0.025 5000
9:50:24 AM Trade 0.03 5000
9:49:16 AM Ask 0.035 5000
9:48:58 AM Trade 0.03 5000
9:43:30 AM Trade 0.039 200
9:34:20 AM Trade 0.037 5000
9:34:20 AM Bid 0.03 5000
9:34:12 AM Trade 0.037 10000
9:31:04 AM Bid 0.037 5000
And from today:
BDC CAPITAL INC - : BDCI
Time & Sales most recent next page
Rec. Time Action Price Volume
2:47:26 PM Ask 0.028 5000
2:05:54 PM Trade 0.03 5435
2:05:32 PM Trade 0.03 500
12:52:58 PM Bid 0.021 5000
12:52:48 PM Trade 0.025 5000
12:52:44 PM Trade 0.025 10000
12:52:34 PM Trade 0.025 10000
12:49:58 PM Bid 0.025 5000
12:28:44 PM Trade 0.03 10000
12:28:00 PM Bid 0.028 5000
12:10:42 PM Trade 0.025 45000
12:10:42 PM Ask 0.03 5000
12:10:04 PM Ask 0.035 5000
11:49:54 AM Trade 0.029 10000
11:22:22 AM Ask 0.029 5000
11:22:22 AM Bid 0.025 5000
11:22:10 AM Trade 0.03 5000
11:21:32 AM Trade 0.03 5000
10:23:40 AM Trade 0.035 10000
9:39:30 AM Trade 0.035 19000
9:39:18 AM Trade 0.03 40000
9:16:12 AM Bid 0.03 5000
MM lineup today:
Market Depth For Bdc Capital Inc Delayed (2:53 PM EST)
Level II Quotebook
Time MMID Size Bid
07:30 VFIN 50 0.021
07:30 DOMS 50 0.02
12:20 SACM 50 0.02
12:52 ETRD 50 0.02 ↓
12:52 HDSN 50 0.02
12:52 FRAN 50 0.015 ↓
07:30 HILL 50 0.010
07:30 PERT 50 0.010
07:30 PUGS 50 0.010
07:30 UCAP 50 0.010
08:01 BAMM 50 0.010 ↓
12:52 SCHB 50 0.010
14:53 NITE 50 0.0028
07:30 GNET 0 0.000
Ask Size MMID Time
↓ 0.023 50 NITE 14:53
↓ 0.03 50 SACM 12:20
↓ 0.03 50 SCHB 12:52
↓ 0.03 50 FRAN 12:52
↓ 0.03 50 HDSN 12:52
0.04 50 VFIN 07:30
0.043 50 ETRD 12:52
0.056 50 UCAP 07:30
↓ 0.08 50 BAMM 08:01
0.30 50 DOMS 07:30
0.60 25 HILL 07:30
7.00 5 PERT 07:30
11.00 2 PUGS 07:30
How's that for a first post on the BDCI board?
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AQUAPONICS FARM
The Bahamas imports 97% of its food or roughly $1 billion dollars from other countries. BDC plans to penetrate 7-10% of this market over the next 5 years, giving Islanders the ability to consume fresh locally grown produce. BDC recognized this as an opportunity to bring more economic opportunity, provide jobs, and help keep the Bahamian dollar within the country.
We plan to create an indoor state-of-the-art aquaponics farm in Freeport. This venture is in line with the vision of Prime Minister Christie to produce more food domestically.
P.M. Christie and the Bahamas Agricultural and Industrial Corporation (BAIC) have created the Bahamas Agriculture and Marine Science Institute (BAMSI). This is an accredited school that teaches the science of aquaponics and fish husbandry to students and locals located on Andros Island.
BAMSI currently grows food on a small commercial level for the local grocery stores and restaurants. However, they have a very small market share and are unable to make a significant dent on food imports.
BDC will have the only commercial-scale aquaponics farm on the main island of the Grand Bahamas. We have identified target locations on the main island.
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. Reverse osmosis is not necessary.
The GBPA is willing to sell spring water to BDC, thus giving us the only nationally recognized bottled spring water that has the backing of the Port Authority and the Bahamian government.
Even though there are two other bottle water companies on the island which only deals with the local market on Freeport, neither is a dominant brand, and there is no “official” water of the Bahamas.
Most of the restaurants and hotels use Nestle, Aquafina, and other waters instead of Bahamian water. Why? The local water companies are not using spring water.
BDC 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. Locals support the Kalik brand heavily and tourists routinely request it. Even though Budweiser, Corona, and other popular beers are available, tourists want to experience the best of Bahamas. Kalik is a great beer and its taste quality rivals that of other beers.
BDC wants to follow the same recipe of success with locally bottled water. 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.
What are the benefits of alkaline water? Drinking alkaline water (pH between 8 and 9) can have many health benefits. Many beverages are acidic in which cause the blood to be acidic. Acidity of the blood can cause chronic inflammation of the joints, high blood pressure, high cholesterol, diabetes, and also cancer thrives in an acidic environment. Regular bottled water has an average pH of 6.7, which is slightly acidic. Alkaline water is healthier for the body and can reverse the previously listed ailments. Also studies have shown that routinely drinking alkaline water can reduce the fat around the belly area. Cancer cannot thrive in alkaline environments. Therefore, alkaline water is great for overall health and well-being. The Bahamian spring water is alkaline naturally and is fortified with trace minerals. There are very few bottled water companies that offer naturally alkaline water. BDC plans to be the premier bottled water company on the Island.
SOUVENIRS
The Bahamas imports over $250 million dollars’ worth of souvenirs per year. Tourists buy these souvenirs with enthusiasm believing they are getting authentic Bahamian crafts. Unfortunately, 95% of the souvenirs are from China.
BDC plans to set up a souvenir factory that locally produces cups, graphic t-shirts, hats, and other souvenirs. BDC will maintain an inventory that simultaneously lowers the costs for local consumer-facing retailers, and makes the company competitive and highly profitable.
With its local partner BDC will establish a warehouse on the main street for consumer-facing vendors to purchase goods right near the port where they set up shop daily. We want to provide vendors with products that are locally made. The government wants these initiatives performed however; capitalization has been an issue to local entrepreneurs. BDC sees this as a great opportunity to provide local jobs and have a light-manufacturing company established rather quickly.
BDC will begin with importation of souvenirs while simultaneously sourcing and purchasing equipment for the fabrication of souvenirs. One of the products BDC wants to fabricate is printed t-shirts. There are no t-shirt printers on the island of Grand Bahamas. BDC identified this as a major opportunity not only in t-shirt manufacturing, but also later to develop lines of other souvenirs such as plastic cups, hats, key chains and other items. Creating a souvenir factory will increase local job potential and increase GDP.
BDC sees an opportunity to assist local souvenir sellers at all levels, by improving pricing and time-to-market for the souvenir items it manufactures. BDC aims to provide a wider variety of products at a competitive price. Once the factory is operational, BDC’s wholesale inventory will come directly from the factory without any middlemen. This will also reduce lead-time tremendously.
MORE than $250 million worth of souvenirs and gift items are imported into the Bahamas each year, income the Bahamas Agricultural & Industrial Corporation (BAIC) is determined to keep in the local economy.
Speaking with Tribune Business at the opening of the 15th annual Bahama Arts Festival on Arawak Cay, BAIC chairman Arnold Forbes said these items came from countries such as China, Vietnam and Korea.
“It’s significant, because the money that we make from the tourists on these items, we are sending it right back out,” Mr Forbes said.
“We are washing in and washing out. It’s important that we keep that money circulating in our economy so that we can invest in not only developing our handicraft market, but also other things.
“When you look at $250 million, that’s a whole lot of money being spent to bring goods into the country. If we were to decrease that by $10 million per year it would be significant.
“If we decreased that by $10 million per year over the next 10 years, that’s $100 million that we can keep in our economy; to make our economy better and to support our programmes,” said Mr Forbes.
The BAIC chairman added: “A lot of people don’t realise how much money we spend outside of the Bahamas. Statistics have shown that the Bahamas ranks near the top as one of the biggest contributors in the world to the South Florida economy. We spend billions of dollars in South Florida; we spend over $1 billion in south Florida every year.
“They’re not going to teach us how to feed ourselves and make ourselves better; we have to teach ourselves and to make ourselves better. We have to do it ourselves so that we can keep some of that hard currency in our country.”
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 (BDC) 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. BDCI's goal is to be the Å?go-to firm for international businesses seeking to set up in the Caribbean.
Bahamas Development Corporation (BDC) 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.
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