Bahamas Development Corp. (OTC Pink: BDCI) $2.4 Million in Sales and
10% Quarterly Growth Issues Guidance
Miami, FL--(InvestorsHub NewsWire April 17, 2017) -
EmergingGrowth.com, a leading independent small cap media portal
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Development Corp. (OTC Pink: BDCI).
BDCI Bahamas Development Corp. (OTC Pink: BDCI) $2.4 Million in Sales and
10% Quarterly Growth Issues Guidance
BDCI May not be at these levels much
longer
See more content on Bahamas
Development Corp. (OTC Pink: BDCI) at EmergingGrowth.com
http://emerginggrowth.com/?s=bdci
Bahamas Development Corporation (OTC PINK: BDCI) announced that
is has moved from the business development stage to generating
significant revenue through its acquisitions of Native Outfitters
and Incite Performance Wear. BDCI is on target to generate over
$2.4 million in sales for fiscal year 2017.
During the first quarter of 2017, BDCI acquisition, Native
Outfitters, invoiced roughly $300,000 with a backlog of $15,000,
while anticipating 10% growth or approximately $330,000 in sales
for Q2.
Following its acquisition of Native Outfitters, its acquisition
of Incite, is adding an additional, $300,000.00 per quarter to
BDCIs 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 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.
BDCI May not be at these levels much
longer
See more content on Bahamas
Development Corp. (OTC Pink: BDCI) at
EmergingGrowth.com
http://emerginggrowth.com/?s=bdci
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