Global Consortium, Inc., Retains Top Cannabis Attorney to
Move Forward with an
Uplisting from OTC to Major
Exchange
BDCI Corporate
Update:
-
Building upgrades per the City to be completed this
week
-
Once the upgrades are inspected the final step is the
Certificate of Occupancy
-
The Company received and responded to comments from
FINRA
Coconut Creek, FL -- November
5,
2018 --
InvestorsHub NewsWire Global Consortium,
Inc., (OTCPINK:
BDCI) last week received comments
from FINRA regarding its requested Name change and new
Ticker.
The Company has responded in full and is awaiting final
comments
from FINRA
prior to the
change becoming effective.
The company is happy to
announce that all construction
has been
completed on its manufacturing
facility, with pictures available on Twitter
@Cannabisconsort.
This week as requested by the City, back-flow devices will be
installed in the sinks and tested. Once the plumbing is complete
the final building inspection will be requested,
and after
the inspection is
signed off the final step
before
Manufacturing will commence is the issuance of the
Certificate of
Occupancy.
Uplisting and
Audit Plan
Global has retained one
of the
leading Cannabis Securities
attorneys,
who
has
reviewed the
Company to ensure there are no issues moving forward with
the
Audit and lifting off OTC to a major
exchange. As per his request we are
working with a new Audit firm and auditor that understands cannabis
companies as well as retaining a new CPA team to consolidate the
financials of the Company for our Quarterly and Annual Reports
starting with the 3rd Quarter.
Global is putting together
an
industry
leading legal and accounting team
that understands the challenges of operating and running a public
cannabis company. This team will be responsible for
helping the Company lift off the OTC
while
handling our needs as we continue to
grow.
Bahamas Development
Corporation, in compliance with SEC regulations, may in the future
use social media outlets like Facebook
or Twitter and its own website to announce key information in
compliance with Reg FD.
Forward-Looking
Statements
This news release contains
"forward-looking statements" as that term is defined in Section
27(a) of the United States Securities Act of 1933, as amended and
Section 21(e) of the Securities Exchange Act of 1934, as amended.
Statements in this press release which are not purely historical
are forward-looking statements and include any statements regarding
beliefs, plans, expectations or intentions regarding the future.
Such forward-looking statements include, among other
things, estimates of services and
equipment markets, release of corporate apps, growth of platform,
target markets, product releases, product demand and, business
strategy. Actual results could differ
from those projected in any forward-looking statements due to
numerous factors. Such factors include, among others, the inherent
uncertainties associated with new projects and development stage
companies. These forward-looking statements are made as of the date
of this news release, and we assume no obligation to update the
forward-looking statements, or to update the reasons
why actual
results could differ from those projected in the forward-looking
statements. Although we believe that any beliefs, plans,
expectations and intentions contained in this press release are
reasonable, there can be no assurance that any such beliefs, plans,
expectations or intentions will prove to be accurate. Investors
should consult all of the information set forth herein and should
also consider that any investment in securities is at
risk.
Details of the
Company's business, finances, appointments and agreements can be
found as part of the Company's continuous public disclosure
on otcmarkets.com.
For additional information
about this release please contact:
Investor
Relations:
Matt Dwyer
matt@cannabisconsortium.net
www.cannabisconsortium.net
Twitter: @CannabisConsort
954-906-0098