Bahamas Development Corp. (BDCI) Releases Corporate Updates – PR Newswire (press release)

Posted: April 17, 2017 at 1:12 pm

Following its acquisition of Native Outfitters, its acquisition of Incite, is adding an additional, $300,000.00 per quarter to BDCI's top line.

At the end of April, BDCI will begin reporting consolidated revenues for Native and Incite, which is expected to exceed $200,000. Without any additional external transactions, BDCI is expecting to be able to post over $2.4 million in sales for 2017.

Bahamas Development Corp. (OTC Pink: BDCI), is expecting to continue to grow both organically and through acquisition as the year progresses.

Upon the takeover of Native Outfitters BDCI revamped the operations, overhauled equipment, and streamlined procedures, to deliver a more efficient work place. The Company has noticed immediate results and expects improvements in productivity and profitability, to continue. Additionally, front-end operations, have been streamlined resulting in enhanced communication and logistics.

BDCI expects to cut delivery times by 2/3, increase production capacity by a minimum of 50%, and upgrade its IT systems to further increase output and decrease cost as the year continues.

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SOURCE Bahamas Development Corporation

http://bahamasdevelopmentcorp.com

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Bahamas Development Corp. (BDCI) Releases Corporate Updates - PR Newswire (press release)

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