BDCI showing major strength early on
Published: Tue, 05/08/18
 Good morning again,
BDCI is trading very well this morning, and while we haven't seen the big gains yet, it's still green and climbing steadily on great volume. Yesterday BDCI traded sideways until around midday when it spiked. We're looking for a similar move today. Remember the Company announced some big news this morning... Cannabis Consortium to Acquire a Cannabis Distillate for Cash and Stock
COCONUT CREEK, Fla., May 08, 2018 (GLOBE NEWSWIRE) -- Via OTC PR Wire -- Bahamas Development Corporation (BDCI) subsidiary company Global Consortium, Inc. DBA Cannabis Consortium has reached an agreement to purchase an operating cannabis distillate and brand manufactured and marketed in California. The cannabis distillate has been servicing the cannabis market for the past 2 years and has quickly become a household name. Their premium oil is in such high demand in the cannabis oil market it has been sought out by some of the largest names in the cannabis industry for private labeling. The acquisition allows Cannabis's Partners to begin servicing the cannabis distillate market immediately and manufacture a steady supply of premium oil to infuse its' edibles with. Cannabis Consortium will issue shares of its Common stock at $1.00 per share and cash for the transaction. The funds will be wired into Escrow this week with a Closing anticipated within the next 10 days. Global Consortium will enter into a lease and licensing transaction with its Partners to operate the Distillate in exchange for a monthly lease payment and 15% of the monthly revenue. The parties have agreed not to release the name of the Distillate until the transaction has been completed. Read in full at https://finance.yahoo.com/news/cannabis-consortium-acquire-cannabis-distillate-121629441.htmlAll the best today. SmallCapMomo.com ------------------------------------------------------------------------------------- Traders and Investors, I hope you all had a great weekend. We're kicking things off this week with a mouth watering chart that is 100% momentum right now. Bahamas Development Corp (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 today at just under $0.09 and recently ran to over $0.10. We think there is a strong possibility BDCI tests its recent highs from March, 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. And check out the daily trading volume in recent weeks - its huge. Today alone there was close to $400k trading volume! You need to see this too... Barchart.com has given BDCI its very top rating, and ranks BDCI in the top 1% of all short term signal directions. Bahamas Development Corp (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. I mentioned earlier that the Company had plenty of news catalysts. Well, check these recent press releases out... Last week, BDCI announced that its subsidiary, Cannabis Consortium's partners had began infusing edibles with THC under its Master License Agreement with Infused Edibles. According to the press release, Cannabis Consortium will be revenue generating and income producing during the second quarter of 2018. Next week Cannabis's Partners will begin the task of fulfillment of a large number of back orders which is in excess of $600,000. Infused Edibles has received an additional large volume of new orders since the announcement of Infused Edibles products that will be sold containing THC. Infused Edibles (www.infusededibles.org), an award winning candy manufacturer, currently has distribution in 400 outlets. In addition, BDCI announced last week that it has secured a Private Placement of $1,000,000 that will be invested directly into Cannabis Consortium.The investment is from a private investor, who will receive shares in Cannabis Consortium. The $1,000,000 investment is completely non-dilutive to BDCI. No shares, options, warrants or debt agreements were executed by BDCI in the acceptance of this money. The initial investment of $800,000 will be funded by May 1, 2018. This allows the building acquisition to close on or before May 15, 2018. The $200,000 balance will be deposited by May 30, 2018, or sooner if Cannabis requires it. The building being acquired will be one of many tangible assets owned by Cannabis and leased back to its Partners at appropriate market rates for assets in the cannabis sector. Cannabis Consortium does not own or operate any licensed cannabis operation. Cannabis Consortium is entitled to receive 15% of the annual net revenue collected by its partners from every project it is involved with. The Company is also entitled to
receive 15% of the proceeds its partners receive should any company be sold. Cannabis acts as a consultant in these transactions and is not involved in any day-to-day operations or decision making for any of the licensed cannabis operations. Cannabis may own assets in the future that are leased to various licensed entities operating in the cannabis sector. Cannabis will receive rent from any asset it leases to the cannabis sector. So, its time folks. Get BDCI on your screen now, do your research and be ready to ride the momentum tomorrow. Things could get really heated, really fast. All the best. SmallCapMomo.com --------------------------------------------------------------------------------------------------------
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