InvestorsHub Logo

bhonda

06/30/17 9:10 AM

#17207 RE: Skeptical #17206

BDCI couldn't become fully reporting with the SEC so they're moving to EXAD where they can do so

Talc Moan

06/30/17 9:34 AM

#17209 RE: Skeptical #17206

back in 2008 Previous BDCI management did something not good with the BDCI shell and it can no longer become a fully reporting OTC Company, and with Native Outfitter and Incite rapidly growing and backed by Wells Fargo bank they need to be in a Clean SEC reporting company... It is stated in the most recent Q of BDCI's..

Best of Luck and Have a Happy 4th of July!

CowboysNation88

06/30/17 9:35 AM

#17210 RE: Skeptical #17206

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

Geryon

06/30/17 1:46 PM

#17223 RE: Skeptical #17206

It's in the BDCI filings, suggest you review the last quarterly report.