Opening bell surge on positive sentiment
Published: Thu, 11/01/18
![]() Good morning all,
BDCI opened with strength before pulling back a little and settling in around yesterday's lows. The aggressive selling looks to be done and we think now could be the time for the bullish price action to take over. If you haven't checked out BDCI yet, right now is the time to do so. It's a past winner of ours, and we think it has the potential to deliver once again. Keep reading below if you missed my earlier take... All the best. ------------------------------------------------------------------------------------------- Traders and Investors, Following on from our winner earlier this week, we've going back to a ticker that delivered well for us in the past. Global Consortium, Inc (BDCI) is the ticker. BDCI has it all - a hot chart, plenty of volume and liquidity, a tight level 2, and huge upwards momentum... not to mention plenty of recent news catalysts. This chart is a thing of beauty. This is the stuff account growing breakouts are made of. It closed yesterday at $0.04 and recently traded over $0.10. We think there is a strong possibility BDCI tests its recent highs from May, and with the kind of momentum it is currently seeing, there is a certainly a chance it breaks out to new highs - either way, there looks like gains could be made here. The key is the area of resistance at around $0.05... A break through this level could mean all bets are off as to how high it goes. Global Consortium, Inc (BDCI) through its subsidiary Cannabis Consortium, Inc. is actively pursuing five (5) revenue streams in the cannabis marketplace: Specialty items Foodstuffs/Edibles Beverages Investment Research/New Products. The first three (3) revenue streams are comprised of edible products and ancillary items related to the edible marketplace. The 4th stream Invests into other private cannabis operations and the final stream, research, will focus on the medical benefits of CBD oils for the treatment of animals. Cannabis Consortium does not own or operate any licensed cannabis operation and is entitled to receive 15% of the annual net revenue collected by its partners from every project it is involved with. You can learn more about BDCI at their website https://cannabisconsortium.net/ I mentioned earlier that the Company had plenty of news catalysts. Well, check these recent press releases out... A couple days ago BDCI announced a major acquisition... BDCI to Acquire California Company ConsortiumglobalTHE ACQUISITION WILL SIGNIFICANTLY BOLSTER BDCI'S CANNABIS MANUFACTURING, CULTIVATION AND DISTRIBUTION CAPABILITIES.
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. Having a 64,000 square foot building allows us the flexibility to manufacture a significant amount of product - in addition to our own distribution platform - we will be able to push products onto store shelves at a very high rate. The Name and Ticker change has been resubmitted to FINRA with a ticker request of IVXX which translates to "420", although we can request up to 3 tickers there is no guarantee we will be assigned any of the 3 tickers we chose. Even though the CUP's were granted in August for Manufacturing, Cultivation and Distribution, we are still waiting for our Certificate of occupancy to operate. The final modifications to the building for electrical and plumbing as requested by the City should be done shortly, and Global can call for a final inspection. Read in full at https://finance.yahoo.com/news/bdci-acquire-california-company-consortiumglobal-121951322.htmlAnd a couple weeks ago, BDCI announced completion of another major milestone... HARVEST UNDERWAY ON 15-ACRE HEMP FARM
COCONUT CREEK, Fla., Oct. 23, 2018 (GLOBE NEWSWIRE) -- via OTC PR WIRE -- Global Consortium, Inc. (OTCPINK: BDCI) dba Cannabis Consortium, a wholly owned subsidiary of company Global Consortium, Inc., is pleased to announce its harvest has begun and is expected to be finished by the end of the week. The Colorado Department of Agriculture tested the hemp plants twice during the grow cycle, clearing the way for harvesting. Over the weekend, the farmer and staff hand cut the first couple of rows to make room for the harvester. Pictures and videos of the harvest and the cut plants hanging in the drying barn are now available on our twitter feed @Cannabisconsort or OTCmarkets. The farmer expects to complete the full harvest by the end of the week. We are planning our next planting for March 2019 of 150 acres, followed by the full 600 acres later in the year. These two grows alone should yield $75 million in net revenue next year for Cannabis Consortium. Once the plants have dried, the buds will be stripped, bagged and sold. Cannabis Consortium will keep some of the plants to process for its own needs and sell the remainder of the crop. The Colorado farm has now proven to be a viable revenue stream for the company. The farm has the ability to produce plants that pass inspection and can be successfully harvested. You can read even more recent news at https://finance.yahoo.com/quote/BDCI?p=BDCI There is so much more to know about BDCI, so I suggest you head to http://chasingmarkets.com/featured/bdci/ immediately to learn more. So, its time folks. Get BDCI on your screen now, do your research and be ready to ride the momentum today. Things could get really heated, really fast. All the best. SmallCapMomo.com --------------------------------------------------------------------------------------------------------
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