Blue Diamond Ventures Inc (BLDV): Investor911, with BLDV & Chevron......

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Re: investor911 post# 3929

Thursday, 05/08/2008 9:08:57 PM

Thursday, May 08, 2008 9:08:57 PM

Investor911, with BLDV & Chevron...

Earlier today I took your advice and had done so. I spoke to a very high profile individual at Texas A&M who confirmed that the Chevron and BLDV relationship is very real. He confirmed with me that Chevron did go to BLDV to establish their relationship. He confirmed for me that BLDV is very real as they operate under what he called a MOU (Memorandum of Understanding). I think he meant MOA which is a Memorandum of Agreement. He informed me that although Chevron had gone to BLDV to establish their relationship, he does not know any details from their discussions or agreements. He said that he remained out of that portion.

He even gave me permission to disseminate his name, number, and email. I am just trying to see how or if it needs to be shared at this point. I am thinking about protecting him because I think he has no idea what he had agreed to with me when I asked if I could have others call him to have explained what he explained to me.

The DD is there if one research a little more than the norm. I will be out of pocket for the most part tonight and possibly all day tomorrow. I think people should consider taking advantage of any dips. IMHO

These posts below by investor911 and stocksgonewild were huge subliminal hints that we all should have paid a little more attention to a long time ago:

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Chevron and Texas A&M Form Strategic Biofuels Research Alliance May 29, 2007
http://www.chevron.com/news/press/Release/?id=2007-05-29b

Blue Diamond Ventures and Texas A&M Form Biofuels Research Alliance -- University to Serve as Technical Assistant Partner in Belize Biodiesel Project July 2, 2007
http://biz.yahoo.com/iw/070702/0273049.html

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BLDV's association at Texas Agricultural Experiment Station

Another key component is our memorandum of agreement with the Texas Agricultural Experiment Station of the Texas A&M University System, whereby, the university will serve as our technical assistance partner in Belize.

http://agbioenergy.tamu.edu/

http://agresearch.tamu.edu/

http://lubbock.tamu.edu/

http://amarillo.tamu.edu/

http://sanangelo.tamu.edu/

http://beaumont.tamu.edu/

March 28, 2008
Blue Diamond Ventures update: In negotiations for Biodiesel plant in U.S.

HOUSTON, TX (MARKET WIRE)- Blue Diamond Ventures, Inc. Since our appearance in December on the "World Business Review" television series, hosted by General Norman Schwarzkopf, our executives have been extremely busy moving the company's position from speculation to production.

We have been quietly doing the off-camera, unglamorous work, as we have made offers to three biodiesel plants in the United States. We anticipate reaching an agreement soon. As predicted, high soybean prices have halted biodiesel production at a number of plants in the United States. According to the USDA, soybean oil costs make up 80 percent of a biodiesel plants' operating costs. In 2007, prices jumped from 28 cents to 45 cents a pound and continue to increase. While our plans are still to construct a biodiesel facility in Belize with an eventual capacity of 100 million gallons per year (GPY), using non-food crops, our immediate objective is to generate income.

We have known all along that controlling our feedstock production would be the key to our profitability and sustainability. For this reason, we have worked tirelessly to establish ourselves in Belize and to implement cooperative agreements. Another key component is our memorandum of agreement with the Texas Agricultural Experiment Station of the Texas A&M University System, whereby, the university will serve as our technical assistance partner in Belize. Our research initiatives will also focus on various technology advancements, identifying, assessing, cultivating and optimizing production of second generation energy feedstocks for cellulose and bio-oils, characterizing and optimizing the design of dedicated bioenergy crops and developing integrated logistics systems associated with the harvest, transport, storage and conversion of bioenergy crops. The company anticipates moving to another exchange following acquistion of its facility.

We will continue to keep our investors informed of our continued progress.

With kind regards,
John Quincey Moaning, CEO
Blue Diamond Ventures, Inc.

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Sterling

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