Experience Art and Design Inc. (fka EXAD)

[CowboysNation88]

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