Blue Diamond Ventures Inc (BLDV)

[stervc]

janice shell, to Answer that Awesome Question…

I would love to answer that question, but first, before I answer your question, here’s what you should understand. You are incorrect in saying that BLDV was a shell because it ”officially” was not and currently is not a shell. Here’s the proof under Note 6, Section 6 within their Annual Report which is also reflected within their older filings too:

https://www.otcmarkets.com/financialReportViewer?symbol=BLDV&id=168780

Now back to your question… . You asked…

https://investorshub.advfn.com/boards/read_msg.aspx?message_id=130733056
Tell me. Why would anyone want to buy what was obviously a very problematic shell?

BLDV is not problematic in my opinion. We’ll just have to agree to disagree. Let me further explain. Probably every single penny stock within the market would love to have shares within their Float ”officially” locked up to where they can’t be traded. Heck, as a guy who have been trading/investing in penny stocks for over 20+ years, I can think of a lot of companies that needed to have such Float shares ”officially” locked up.

The current management has spoken to FINRA about those TJ Management shares. The company and its current management is in no trouble. In order to approve the reverse split that’s now ”officially” cancelled based on what the CEO has mentioned to some that have called in and spoken to him, FINRA wanted to see documentation or other proof of how the current management was not part of that TJ Management transaction from the past. BLDV believes that proving such would not have been difficult at all of which I think it’s very easy to see this after doing further research. Those shares were issued three managements ago and had absolutely nothing to do with the current management.

BLDV instead, has decided to ”officially cancel the reverse split” which is a good thing when you consider the lack of liquidity. I’m sure they understand this too. BLDV has traded over 2.8 billion shares over the last four trading days of which the majority of such trading were buys. Much of the Float has been absorbed which is evident by where the price of the stock is at.

Those TJ Management shares are simply going to have to remain locked and for reasons totally unrelated due to BLDV. Again, that is awesome in my opinion because it means that shareholders don’t have to worry about those shares ever hitting the market. John Quincy Moaning was the past CEO of BLDV three CEOs ago who had done this huge share deal for a huge amount of shares with the financing company called TJ Management. Now understand that TJ Management got in trouble with the SEC with another company that has absolutely nothing to do with BLDV and its current management. This means that BLDV was never deemed dirty. It was TJ Management that the regulatory authorities deemed as dirty. Now imagine that because of TJ Management’s actions with some other company, the SEC puts market restrictions placed on their shares to not be able to deposit or trade any stocks they own from any company within the market by having them frozen.

TJ Management is basically nothing more than a huge shareholder that can’t deposit or trade their shares because of their wrongdoing with another company totally 100% separate from BLDV. Imagine you buying shares in Microsoft (MSFT) to be only a shareholder and you go out and get a DUI. Is it really even logical that Microsoft to be frowned upon and negatively judged because of you getting a DUI? Should it be deemed a negative for Microsoft that one of their shareholders got into some trouble totally unrelated to them? So, is it fair for BLDV to be frowned upon because of one of their shareholders getting into some trouble totally unrelated to them?

In case you didn’t know, the answer to all of those questions is… NO!

Sorry, no way this can be twisted to be a negative for BLDV.

v/r
Sterling