Bullish post, Once BDCI rev in $100 mil than BDCI stock should be in dollars...BDCI buy out means TGGI getting her $$$$... BDCI been involved in massive acquisitions in a hot sector of Cannabis as..oil/thc/cbd..base of operation/s by year end, rev for 2019 projected at $100 mil to $250 mil....what will be BDCI valuation in 2019 with such REV ?
On January 1, 2018 the Issuer and our CEO Matthew Dwyer entered into a long-term Employment Agreement. The term of the Agreement is for 5 years. There are two parts compensation: 100 million shares of restricted Common stock upon signing and a monthly salary starting at $15,000 per month. Salary shall accrue until the Company has monthly revenue equal to 3 times the amount of monthly salary due. Mr. Dwyer may at his election, after the Company has become an SEC Reporting Company, choose to accept shares of stock in lieu of cash. On January 18, 2018 Trans Global Group reworked and completed its transaction with Bahamas Development Corporation for Cannabis Consortium in the form a stock swap between TGGI and BDCI with BDCI becoming the largest shareholder of Cannabis Consortium, Inc. On February 20, 2018 Bahamas Development Corporation retained Counsel to assist the Company in filing a Form 10 with the SEC. The Company also withdrew its pending name change with FINRA. The decision to withdraw the name change was based on progress being made entering the MJ sector and potential changes to the Company that might occur as a result of future transactions. On February 23, 2018 Cannabis Consortium partnered with a Cannabis Distillate to supply all its oil needs in California and any other the State the company has operations in. NOTE 8 - SUBSEQUENT EVENTS Bahamas Development Corporation (BDCI”) and Global Consortium, Inc., (“Global”) have agreed to merge all the assets of Global into BDCI. The parties have agreed to change the name of Bahamas Development Corporation to Global Consortium, Inc. The transfer will be done in steps starting with the Hemp Farm in Colorado, followed by Indulge Oils and Infused Edibles, Inc. Each business will be audited after it is brought under the newly named entity as a wholly owned division. The transfer of the assets from Global to BDCI will be effective as of July 1, 2018