11/01/2017 18:35:56

BDIC Issues Shareholder Update Letter

LOS ANGELES, Jan. 11, 2017 (GLOBE NEWSWIRE) -- Blow & Drive Interlock Corp, (OTCQB:BDIC) announces that the company has begun research and development of a Marijuana Ignition Interlock Device.

Dear Shareholders,

I am pleased to announce that since our last shareholder update letter BDI has continued making incredible progress. We have expanded sales and to date, we have manufactured and leased over 1,125 BDI 747 units on a reoccurring monthly revenue stream business model. In addition the company anticipates leasing an additional 1,600 units that are coming off our production line right now, into our reoccurring revenue stream, by the end of March 2017. We have functionally been sold out of equipment since our last production run in November 2016.

The Company has recently begun research and development of a Marijuana Ignition Interlock Device as the technology to detect recent or excessive Marijuana use in the breath gets better every day.  We anticipate that the integration of Marijuana detection into the software of our existing and already in daily use BDI-747 Alcohol Detection Interlock Device, to be relatively seamless.

Lastly as the New Year began we secured a lease and moved our headquarters to a larger facility as we continue to grow every day. I am so pleased at how fast BDIC is gaining significant market and truly believe, that with our superior technology and software we are going to outsell our competition and quickly become the leader in the BAIID industry. We are very well on our way to achieving my goal of growing our company nationwide and achieving 5,000 units on monthly reoccurring lease payments into our revenue stream by the end of 2017.

Thank you for you continued support. Remember Every Shareholder of BDIC Contributes to Keeping the Roads safe for Sober Motorists.

Sincerely,

Laurence Wainer

CEO

FORWARD-LOOKING DISCLAIMER

This report may contain certain forward-looking statements and information, as defined within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934, and is subject to the Safe Harbor created by those sections. This material contains statements about expected future events and/or financial results that are forward-looking in nature and subject to risks and uncertainties. Such forward-looking statements by definition involve risks, uncertainties and other factors, which may cause the actual results, performance or achievements of mentioned company to be materially different from the statements made herein.

Blow and Drive Interlock Corporation

5503 Cahuenga Blvd #203

North Hollywood CA 91601

1080 S. La Cienega Blvd

Suite 304

Los Angeles, California 90035

(877) 238-4492

www.blowanddrive.com

Primary Logo

Post comment

Related debate

  • 1 week
  • 1 month
  • 1 Year
11 Jan
OMXC20
  Du skal vide, hvor meget det selskab, du vil investerer i, reelt er værd, før du investerer. Hvi..
48
13 Jan
ZEAL
Goodwrench, jeg har i lang tid ignoreret dine destruktive indlæg og havde håbet på, at alle øvrige s..
43
12 Jan
NOVO-B
  Jeg har tidligere (blandt andet i indlæg senest 29/10, 28/9 og 8/8 2016) analyseret Novo og offent..
42
13 Jan
BAVA
Det har været diskuteret om udskydelsen af 3. kig og Fase 3 data vedr. Prostvac er positivt eller ne..
27
14 Jan
VWS
Jeg sidder lige her en stille lørdag formiddag, og tænker lidt over Vestas situation, og kursudvikli..
24
13 Jan
VWS
Vestas er et andet bud på en kursspringer på den korte bane.   Årsregnskabet burde være triggeren de..
24
13 Jan
 
Efter laaaaaaaaaaaaaang tid på debatten har jeg gjort lidt status. Jeg har købt BAVA på gennemsnitli..
23
14 Jan
DSV
Normal 0 21 false false false DA X-NONE X-NONE ..
21
10 Jan
 
Dumt spørgsmål, for ingen her i debatten taber penge. Så denne tråd må være for folk der ikke er i E..
21
13 Jan
I:NBI
Det er nok mere sandsynligt, at investorerne er begyndt at læse dine indlæg her på siden. Efter at d..
18

Alliance Trust PLC : Transaction in Own Shares

16/01/2017 07:00:15
16 January 2017  Alliance Trust PLC TRANSACTION IN OWN SHARES  The Board of Alliance Trust PLC ("the Company") announces that on 13 January 2017 the Comp..

Alliance Trust PLC : Net Asset Value(s)

13/01/2017 14:11:23
ALLIANCE TRUST PLC                                    At the close of business on Thursday 12 January 2017: The Company's NAV per ordinary sha..

Form 8.5 (EPT/RI) - e2V Technologies plc

13/01/2017 08:20:54
FORM 8.5 (EPT/RI) PUBLIC DEALING DISCLOSURE BY AN EXEMPT PRINCIPAL TRADER WITH RECOGNISED INTERMEDIARY STATUS DEALING IN A CLIENT-SERVING CAPACITY ..

Most read news

  • 24 hours
  • 48 hours
  • 1 week
1
Boskalis receives LOI for EUR 480 million port development project in Oman
2
Lubbock Advanced Physical Medicine Wins “Best of the West” Best Chiropractor 2017 Award from KCBD News
3
GameStop Reserves All of Its Initial Nintendo Switch™ Allocation
4
Infinera Transforms Subsea Networks to Cloud Scale with New DTN-X Platforms
5
Chiropractic Health Clinic Offers Natural Pain Management for Cancer Patients

Buy and sell signals

  • Trend
  • Moneymachine

Copyright Euroinvestor A/S 2017   Disclaimer and Terms of Use
Quote information is delivered by Interactive Data.
Data is delayed 15-20 minutes according to the distribution agreements set by the different exchanges.
 
16 January 2017 10:53:59
(UTC+00:00) Dublin, Edinburgh, Lisbon, London
Version: LiveBranchBuild_20170103.1 - EUROWEB7 - 2017-01-16 11:53:59 - 2017-01-16 10:53:59 - 1000 - Website: OKAY