Blue Diamond Ventures Inc (BLDV)

[Kool Aid Man]

Unbelievable..

Post# 45793

"Ken [Teknus] told [John] Quincey [Moaning] that he had two guys in mind as possible candidates to be the CEO of BLDV; these two people were Thomas J. Parilla (Tom) or Cleve Tsai. "

Parilla was Ken Teknus' longtime associate from his days as PR person for the Fortitude Group/ FRTD and it's predecessor Rounder Inc-- both bankrupt scams.

Seriously???? Teknus had the nerve to recommend Parilla as CEO of BLDV with this going on???

U.S. SECURITIES AND EXCHANGE COMMISSION
Litigation Release No. 23479 / March 3, 2016

The SEC's complaint against Fortitude Group, Inc. and its CEO, Thomas Parilla, filed in federal court in Pennsylvania on February 29, 2016, alleges that:

Between February and March 2014, Fortitude and Parilla made materially false and misleading statements in various publicly-disseminated press releases and a financial report concerning Fortitude's purported efforts to enter into the rapidly growing legal marijuana business industry.

The press releases falsely described Fortitude as having successful marijuana-related partnerships and operations, including claims about its issuance of a Discover-branded debit card and distribution of vaporizers to marijuana dispensaries.

Fortitude and Parilla falsely represented in a company financial report that Fortitude was earning revenue from the purported marijuana business.

Fictitious Subsidiaries

In a February 21, 2014 press release, Parilla announced that “after extensive research [Fortitude had] decided to set up a Medical Marijuana company within [its] Medical Subsidiary.” The Company further announced “the formation of three new majority owned subsidiaries[:] Fortitude Healthcare, Fortitude RE, and Fortitude Technology…with Management Teams [consisting] of seasoned professionals.”

In fact, the Company had not formed these subsidiaries at the time of the February 21, 2014 press release or anytime thereafter.

(more)

https://www.sec.gov/litigation/litreleases/2016/lr23479.htm

SEC Complaint, Fortitude Group
https://www.sec.gov/litigation/complaints/2016/comp23479-fortitude.pdf

As of March 2017 --"Ex-Erie penny stock company found in default-- SEC still pursuing civil case against CEO [Parilla]
http://www.goerie.com/news/20170304/ex-erie-penny-stock-company-found-in-default

Surely BLDV "consultant" Kenneth Teknus knew this was going on when he recommended Parilla. Surely he knew about the outrageous marijuana scam perpetrated by Parilla