Blue Diamond Ventures Inc (BLDV)

[Stockcaller]

Let's not get so technical about it, it was confiscated if it was taken away and sold at auction to a law firm.

http://dictionary.cambridge.org/dictionary/english/confiscate

confiscateverb [ T ] uk ? /'k?n.f?.ske?t/ us ? /'k??n.f?.ske?t/
?

to take a possession away from someone when you have the right to do so, usually as a punishment and often for a limited period, after which it is returned to the owner:

Let's not have a chicken fight over it, it is what it is. Accept defeat and move on.