Blue Diamond Ventures Inc (BLDV): M0NEYMADE, to answer your BLDV question....

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stervc

Re: MONEYMADE post# 930

Tuesday, 04/29/2008 3:52:50 PM

Tuesday, April 29, 2008 3:52:50 PM

M0NEYMADE, to answer your BLDV question...

That’s actually a very good question. You asked…
http://investorshub.advfn.com/boards/read_msg.asp?message_id=28870590
If food prices are high, how will BLDV make any money on biodiesel?

From speaking with the CEO today, they already have a clientele/customer base already existing to where they are already setup to begin generating immediate Income as I was told which coincides with what was mentioned in their last PR where he said…

http://biz.yahoo.com/iw/080326/0379670.html
...our immediate objective is to generate income.

So, with your question, I am going to presume that you are referring to the production of the biodiesel fuel and not the Income to be generated from their customer base as that is already in place.

From the news article below, the Government of Belize sold to BLDV 180 acres.
http://www.amandala.com.bz/index.php?id=5805

Also, from the BLDV website:
http://www.bluediamondventures.com/overview.php
… Blue Diamond will utilize 3,000 acres for a goat ranch, research center and processing facility in Belize. The company will utilize 1,200 acres in Oklahoma.

To add, one of the conversations I had with Quincy, the BLDV CEO, was in reference to a similar topic. From reviewing my notes, one of the things he explained was that he chose Belize because of planning for huge growth. He said that this was why many other biodiesel plants are going out of business and shutting down.

Many of the other biodiesel companies in trouble of being shut down never planned for having large sustained water supplies and the growing of feedstock. They didn’t anticipate the sudden increase in demand for feedstock from the many biodiesel companies causing many issues with the lack of supply of feedstock to not being able to meet that demand. This caused the price for feedstock to dramatically increase driving the costs of feedstock up to the roof. The beauty of BLDV is that they already have this remedied from the planning objectives they have laid out for using Belize and their US location.

One of the most important things to run a biodiesel plant is water. Quincy told me that he chose Belize because of Belize having the largest water supply in the Western Hemisphere. So, water won’t be an issue as it will be for many of those companies subjected to those areas that are drought stricken.

Quincy told me that he also chose Belize because they have 4 growing seasons for them to grow as much feedstock as they need. As from what I had mentioned above, they will have plenty of land in Belize and in the US, to include water, to grow all of the feedstock they need. Again, the site in Belize is expected to be able to generate 100 million gallons per year while we still are not sure what the already purchased biodiesel plant in the US will generate, but I'm sure it's somewhere close. Still, I think we will be fine here with BLDV as Quincy has me convinced that he had this all planned out for a long time which is what he told me too.

v/r
Sterling

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