Bahamas Dev. Corp. (OTC PINK: BDCI) Partnered with Wells Fargo $2.4mm Revenue

Bahamas Dev. Corp. (OTC PINK: BDCI) Partnered with Wells Fargo $2.4mm Revenue

Miami, FL -- November 13, 2017 -- 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 Corporation, Inc. (OTC Pink: BDCI).

$2.4 million in Revenue producing & over $1 million Gross Profit
Favorable Share Structure 108 million out, 29 million float
Non-dilutive Bank Financing through Wells Fargo
62% Insider ownership

Bahamas Development Corporation, Inc. (OTC Pink: BDCI) could become an acquisition candidate by a major in the space.

BDCI may not be at these levels much longer.

See the Full Press Release and other stories on Bahamas Development Corporation, Inc. (OTC Pink: BDCI) at EmergingGrowth.com http://emerginggrowth.com/?s=BDCI

Bahamas Development Corporation, Inc. (OTC Pink: BDCI) just announced that it has closed its asset purchase agreement with Incite Brands, LLC. See the full press release on EmergingGrowth.com.

Incite Performance Wear is now a wholly owned subsidiary of BDCI. Incite is a full package apparel manufacturing company that specializes and prides themselves in “MADE IN THE USA” products. These products are 100% moisture wicking mesh polyester performance wear combiningUPF 40 Sun Protection embellished utilizing cutting edgeDye Sublimation technology.

Unlike Under Armor, Reebok, and Nike; Bahamas Development Corporation (OTCQB: BDCI) has incorporated proprietary Anti-Snag and MicroVent Technology into their unique Performance Wear fabric, which not only prevents the garment from developing ugly snags and pulls that renders other garments useless, it provides for enhanced breathability. These features are a giant step above the majors in this space.

BDCI has been able to acquire these two separate Performance Wear apparel companies with combined revenues that should exceed $2.4 million for 2018, with zero toxic funding. The Company acquisitions were closed through the use of traditional bank financing from Wells Fargo and cash to finance the purchases. Wells Fargo extended an additional $100,000 credit line on top of the purchase price for the Native transaction and included an additional $90,000 in working capital to effect the IPW acquisition. With the finalization of these two acquisitions BDCI hopes to continually increase revenue and institute further expansion into the Athleisure wear market across the US and the Caribbean region.

BDCI may not be at these levels much longer.

See the Full Press Release and other stories on Bahamas Development Corporation, Inc. (OTC Pink: BDCI) at EmergingGrowth.com http://emerginggrowth.com/?s=BDCI

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