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| BDCI Announces Exciting Acquisition News |
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 Hot Stock to Watch |
Company: Bahamas Development Corporation (Pink Sheets: BDCI)
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Last:
Price: 0.049
Change (%): + 0.008 (19.51)
Volume: 1,109,733 |
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(BDCI) to Acquire California Company Consortiumglobal
THE ACQUISITION WILL SIGNIFICANTLY BOLSTER BDCI'S CANNABIS MANUFACTURING, CULTIVATION AND DISTRIBUTION CAPABILITIES.
- The Company holds LOI’s worth over $20 million
- License values are on the rise.
- Name Change Filed with FINRA, ticker Request IVXX
COCONUT CREEK, Fla., Oct. 29, 2018 (GLOBE NEWSWIRE) - via OTC PR WIRE - Global Consortium, Inc. (OTCPINK: BDCI) is pleased to announce the Company will acquire a large California cannabis company that has the Permit needed to operate in the Cannabis business, and on a large scale.
Currently this company has LOI’s to produce millions of dollars of Oil per month, some of the LOI’s are for annual production while additional orders are calling in daily.
Due to the demand and growth of Global with this acquisition, the back log of orders is so great right now, Global is exploring new extraction equipment with the capability of producing 10 times the amount of Oil per day, than our current equipment.
The value of the 3 licenses held could be on the rise in December if the State of California has its way. The State is proposing a ban on licensing and branding agreements that would essentially prohibit white-labeling. This is a good thing for Global as all companies seeking to do White Labeling would either lose their brands or transfer them to us in exchange for a royalty fee, making our Company more valuable.
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