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
12 Jun
 
Jeg lavede igår et indlæg NORWEGIAN SØGER KAPITAL.. skribent MALURT skrev helt korrekt at det drejed..
43
15 Jun
PNDORA
Carnegie´s senste negative udmeldning omkring en lille analyse foretaget blandt nogle franchisetager..
29
16 Jun
PNDORA
Som Pandora aktionær er jeg meget tilfreds med ledelsens indsats og de skabte resultater. Ledelsen l..
21
14 Jun
 
Jeg har et par gange øffet over niveauet herinde i dette debatforum. I første omgang skrev jeg til b..
18
15 Jun
PNDORA
Come on investor01, hvis man går en uge tilbage i indlæg, kan man se hvor negativ indstillet du var ..
16
12 Jun
 
GUDERNE KÆMPER FORGÆVES - mod den helt bevidste uvillighed og tilsyneladende dumhed og påtagede uvid..
16
11 Jun
 
Her er en artikel fra Whasington Post som er værd at diskutere:    Beware the ‘mother of all credit ..
16
16 Jun
VELO
Her er mit bud på begivenheder og dato for disse de næste 200 dage. Det bliver en god jul i år som i..
14
16 Jun
VWS
Nu er det jo Vestas der er mindst ramt af prispres, da de selv presser priser ned, da målet er at vi..
14
16 Jun
VWS
http://globenewswire.com/news-release/2018/06/15/1525456/0/en/Vestas-secures-442-MW-order-from-Xcel-..
13

HSBC Bank Plc : Form 8.5 (EPT/RI) - Lonmin PLC

22/02/2018 10:54:53
FORM 8.5 EPT/RI) PUBLIC DEALING DISCLOSURE BY AN EXEMPT PRINCIPAL TRADER WITH RECOGNISED INTERMEDIARY STATUS DEALING IN A CLIENT-SERVING CAPACITY Rule 8.5 of the Takeover Code (the "Code") 1.         KEY INFORMATION (a) Name of exempt principal trader: HSBC BANK PLC (b) Name of offeror/offeree i..

Rathbone Brothers Plc : Preliminary announcement of 2017 results

22/02/2018 07:00:19
Funds under management up 14.3% to £39.1 billionThis is a preliminary statement of annual results published in accordance with FCA Listing Rule 9.7A. It covers the year ended 31 December 2017. Mark Nicholls, Chairman of Rathbone Brothers Plc, said: "UK and global investment markets performed well in 2017, with some indices reaching record levels towards the end of the year. This outcome has b..

Elliott Capital Advisors, L.P : Form 8.3 - GKN Plc

Related news
21/02/2018 15:25:10
FORM 8.3 PUBLIC OPENING POSITION DISCLOSURE/DEALING DISCLOSURE BY A PERSON WITH INTERESTS IN RELEVANT SECURITIES REPRESENTING 1% OR MORE Rule 8.3 of the Takeover Code (the "Code") 1.         KEY INFORMATION (a) Full name of discloser: Elliott Capital Advisors, L.P. (for itself and related general partners ..

Most read news

  • 24 hours
  • 48 hours
  • 1 week
1
SHAREHOLDER ALERT: The Law Offices of Vincent Wong Notifies Investors of Class Actions Involving Myriad Genetics, Inc., Allegiant Travel Company, Aceto Corporation, and Gridsum Holding Inc.
2
SHAREHOLDER ALERT: The Law Offices of Vincent Wong Notifies Investors of Class Actions Involving Flex Ltd., Kulicke and Soffa Industries, Inc., and Symantec Corp.
3
OPENLANE Reimagines Upstream
4
Mike Freed Receives “but for” Award from Leadership Florida
5
MEGOLA, INC / THESHARE.TV  (OTC Pink: MGON) APPOINTS ANDREW LANE VICE PRESIDENT OF NETWORK CONTENT

Buy and sell signals

  • Trend
  • Moneymachine

Copyright Euroinvestor A/S 2018   Disclaimer and Terms of Use
Quote information is delivered by Morningstar.
Data is delayed 15-20 minutes according to the distribution agreements set by the different exchanges.
 
18 June 2018 10:39:17
(UTC+00:00) Dublin, Edinburgh, Lisbon, London
Version: LiveBranchBuild_20180613.1 - EUROWEB3 - 2018-06-18 11:39:17 - 2018-06-18 10:39:17 - 1000 - Website: OKAY