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 with an extensive history of providing unparalleled content for the Emerging Growth markets and companies, reports on Bahamas 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

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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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