Blue Diamond Ventures Inc (BLDV)

[stervc]

To Add Clarity with Reverse Split Cancellation…

Yes, janice shell is correct in that I do have a close friend that works for BLDV. So please understand that what I am about to tell you is not speculation… it is fact.

The reverse split was cancelled and is not going to be done which is a good thing. I’ll further explain.

I have confirmed that BLDV is in good standing with FINRA. Josh Alper had a good conversation with FINRA and cleared all obstacles and answered all questions to FINRA’s liking. FINRA has been calling a few companies that have had major moves and/or major news to conduct basic reviews to verify if what they are doing is genuine and real. So, I repeat… it has been confirmed… BLDV is in good standing with FINRA.

If BLDV wanted to pursue with a reverse split right now, they could do such. They don’t and won’t as they have stated because they realize that they don’t need to do one because of the lack of liquidity that would exist based on the growth that they believe they will be bringing into the company. The ”Supply” of BLDV shares would not meet the ”Demand” that they believe will exist from what they believe they are building here with BLDV if liquidity is reduced. Just pay attention to how thin BLDV now trades. It trades like a low floater because most of the Float is not in circulation for the reasons I had previously explained in the posts following the next paragraph.

FINRA had some questions about some older transactions that happened back in 2010 with TJ Management that was done 3 managements ago that only made TJ Management a shareholder and nothing else. The current management and the management prior to this management had nothing to do with such transactions.

https://investorshub.advfn.com/boards/read_msg.aspx?message_id=130816936
https://investorshub.advfn.com/boards/read_msg.aspx?message_id=130945078
https://investorshub.advfn.com/boards/read_msg.aspx?message_id=131024369
https://investorshub.advfn.com/boards/read_msg.aspx?message_id=131139532
https://investorshub.advfn.com/boards/read_msg.aspx?message_id=131329912
https://investorshub.advfn.com/boards/read_msg.aspx?message_id=130728815
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=130728405

Also, there is no dilution for inquiring minds.

At one time, Josh had considered doing a reverse split because the stock was sitting at .0001 per share and basically being unknown to the market. He decided to cancel the reverse split because he believed that eventually the market will recognize and appreciate the growth that he and his TEAM would be bringing into BLDV and he believed that the current liquidity would be needed for the growth coming into BLDV.

The TJ Management issue turned out to be a ”blessing in disguise” because it gave Josh the needed time to learn why a reverse split is not needed and would not be in the investors best interest back when the stock was at .0001 per share months ago. FINRA delayed their approval of their application for a reverse split because they had some questions about TJ Management. This is the part that could have been considered a denial of doing a reverse split because they were not allowed to move forward with doing a reverse split at such time. This being denied, delayed, or whatever one chooses to call it, is what gave Josh the needed amount of time to determine that it would be better to cancel the reverse split and so they did.

v/r
Sterling