Blue Diamond Ventures Inc (BLDV)

[Kool Aid Man]

NEW..200 Million "Class C shares"--convertible at 10:1=2 BILLION!!!

"Articles of Amendment" 18 days ago (not disclosed on OTC)

Colorado Secretary of State
Date and Time: 05/01/2017 11:07 AM
ID Number: 20161257384

The number of shares of Series C Convertible Preferred Stock the Corporation is authorized to issue is two hundred million 200,000,000) shares. Each share of Series C Convertible Preferred Stock has a conversion into common as 1 share of Series C Preferred equals 10 shares of common stock
https://www.sos.state.co.us/biz/ViewImage.do?fileId=20171341760&masterFileId=20161257384

Am I reading that correctly??? Did BLDV just print a whole new class of stock on May 1st which can be converted into >>2 Billion common<< and not disclose it to shareholders????

If true then management just printed enough shares to blow up the A/S by 33%.