$BLDV: Blue Diamond Ventures—cannabis sector—OTC Pink Current https://bldv.us https://harvest360.co https://www.otcmarkets.com/stock/BLDV/profile
>> Consulting, Management, Intellectual Property Development, Compliance
>> Primary Wholly Owned Subsidiary: Harvest 360 (H360)
>> H360 Training & Education/Social Equity partnership with GrowGeneration (NASDAQ: $GRWG)
*Official launch of BLDV partnership with GrowGeneration ($GRWG) announced June 21, 2022:
Share Structure and OTC Tier Info:
OTC Pink Current as of 07/14/2022. d
Outstanding Shares as of 07/12/2022: 4,870,585,689 (unchanged in 2022, reduced by a net 515M shares since Dec. 31, 2020, negligible change to OS since then)
Held at DTC: 2,666,766,460 (unchanged in 2022)
Authorized Common Shares: 7.5B (unchanged in 2022)
Preferred Series C Stock: Jeff King and Joshua Alper own a combined 60M Series C shares which are convertible into a combined 600M common shares.
Float: unknown but may be significantly less than the "Held at DTC" figure due to common shares held by TJ Management that may have a permanent chill—see this post from 2020 for an explanation: https://investorshub.advfn.com/boards/read_msg.aspx?message_id=159493275
No dilution in years; some preferred stock was converted to 170M restricted common shares in 2021.
700M common shares cancelled in 2021; BLDV anticipates more share cancellations in the future.
Note: AS raise to 7.5B was required by Transfer Agent as a precaution in case cancellations were contested: https://www.otcmarkets.com/otcapi/company/dns/news/document/50898/content
**Profitable in 2021 on $412,250 revenue:
**No toxic debt of any kind: from the 03/29/22 annual report:
**Tangible assets of approximately $850K and negligble liabilities:
Harvest360 and GrowGeneration (NASDAQ: $GRWG) Social Equity and Training & Education Partnership:
Ongoing revenue streams from royalty/licensing agreements:
10-year royalty agreement with Green Orchard Labs and 50% licensing fees/royalties from Kush Masters Michigan sales: https://ca.news.yahoo.com/blue-diamond-h360-labs-announces-143000507.html
"Royalties will be paid from Green Orchard Labs to H360 Labs (wholly owned subsidiary of BLDV) for the next 10 years as part of the Trademark and Know-How agreement that was signed earlier this year..."
"Harvest 360 will receive 50% of all licensing fees and royalties from sales in Michigan and moving forward will work with Kush Masters to facilitate the licensing deals for the company on a national basis. KM International contracts in Illinois, Arizona, Missouri and New Jersey are in negotiation."
New licensing agreements with Kush Masters to be announced in 2022:
Frequent appearances on cannabis sector panels/expos:
More BLDV-related links: