Blue Diamond Ventures Inc (BLDV): The Perfect BLDV Example… Belo...

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stervc

Re: None

Wednesday, 05/07/2008 9:06:38 AM

Wednesday, May 07, 2008 9:06:38 AM

The Perfect BLDV Example…

Below is an example in a post I made back on 5 Jun 2003 of what transpired with CKEC which had originated from trading on the pink sheets, then to trading on the OTCBB, to then trading on the NASDAQ of which it currently trades today. This is an example that I created to show the potential from a reverse merger (or its affects) back on 5 Jun 2003. The stock under consideration back then was NXCDQ, but BLDV is the stock under consideration for now.

First, to set matters straight, I found out yesterday that those that are still holding NXCDQ will be getting $3.00 per share from holding after nearly 7 years. Ernest & Young are being forced into Arbitration which will begin on 19 May 2008. It is highly anticipated that a resounding victory of an enforced $300 million in damages will be awarded to NXCDQ shareholders by Ernest & Young. The net amount to NXCDQ shareholders should be approximately $3.00 per share. Congrats!

Now back to BLDV where this NXCDQ example should help to show how we could mirror what happened with CKEC. Click on the link below, scroll down to Section 8 and read (disregard some of the verbs I broke LOL).
http://ragingbull.quote.com/mboard/boards.cgi?board=NXCDQ&read=11718

What you will read is the story of how CKEC had the business entity of Carmike Cinemas, Inc. placed into it while it was on the pink sheets. Then it was soon uplifted to trade on the OTCBB to soon being uplifted to trade on the NASDAQ which is where it trades today.

The example shows how CKEC had executed a 1 to 5.12 reverse split and still investors had a fair chance to make nearly $200,000 from an original $5,000 investment which mirror the previous BLDV posts I made to explain our situation here.

v/r
Sterling

Sterling's Trading & Investing Strategies:
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=29867262