Blue Diamond Ventures Inc (BLDV)

[Kool Aid Man]

The Fund is expected to raise approximately $12 Million USD

BLDV reported a whopping $2,017 in Net Income the first three months this year. That's less than a person on SSI gets.
https://www.otcmarkets.com/financialReportViewer?symbol=BLDV&id=172665

BLDV can sign all sorts of agreements and make all the grandiose claims it likes. The fact is that newbie CEO Josh Alper's ventures have -so far- barely produce more income than they burn. Even if net income increases 10 fold in Q2 you're only at $22k!!! No bank is going to loan him $12 million. And he couldn't begin to print enough stock to finance these projects.

Face it..this company needs cold, hard CASH.. lots of it and really fast in order to finance these ventures. Alper and Teknus can't barter shares for the millions needed for construction costs, fixtures, salaries, etccc.

So Investors need to ask themselves if they believe management is really, truly, honestly committed to making good on all these claims. Or are they simply looking for a payday based on pie-in-the-sky promises.

The only thing more plentiful than shares are the excuses when things fall apart.