COCONUT CREEK, Fla., Oct. 04, 2018 (GLOBE NEWSWIRE) -- via OTC PR WIRE--Global Consortium, Inc., f/k/a Bahamas
Development Corporation (OTCPINK: BDCI) is filing with FINRA to change the Name and Ticker to reflect the Merger with
Global Consortium, Inc. dba Cannabis Consortium, Inc.
Global Consortium is required to send a letter to all of its shareholders informing them of the transaction, since Global is
selling off all of its Assets.
The Merger has been approved by the Boards and Controlling Shareholders of all three companies.
The path to finalizing the Merger is procedural as no other approvals are needed.
The 15-acre farm in Colorado will be harvested this month and placed in the drying barn for sale next month.
The Building in California is having the final buildouts completed this week and will be submitting to the City for its
Certificate of Occupancy, which once granted will allow the production of Oil to begin.
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
