Bahamas Development Corp. Releases update.
05 August 2017 - 1:44AM
InvestorsHub NewsWire
Bahamas Development Corp. Releases update.
West Palm Beach, FL -- August 04, 2017 -- InvestorsHub NewsWire
-- Bahamas Development Corporation (OTC PINK:
BDCI)
Released a Supplemental Report on OTC Markets today showing the
balance sheet of Native Outfitters as of June 30, 2017.
The Company is currently working with Wells Fargo to complete
the acquisition of Incite, and expects to complete the final
closing in the coming weeks. To date the Company has paid $265,000
in cash towards the purchase price and will pay an additional
$35,000 prior to closing.
In the first 6 months of 2017, the combined revenue of both
companies was in excess of $1 million dollars, with over $250,000
in pre-tax income. Three year combined projections were also
released. Revenue is anticipated to exceed $3 million in year 3,
with pretax income of over $650,000.
For additional information about this release please
contact:
Investor Relations:
561-247-9202
info@bahamasdevelopmentcorp.com
www.nativeoutfitters.com
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