Blue Diamond Ventures Inc (BLDV)

[JPS02]

Key highlights: NOTE 6 – SUBSEQUENT EVENTS

1) Cannabis Growth Fund - The Cannabis Growth Fund, now being called Innovative Growth Group, will seek to raise $10 million USD for the building of its initial cannabis real estate projects in the state of Michigan and other locals including Canada. Blue Diamond is in the process of finalizing an agreement with an individual to become director of the fund.

The fund has secured its first client; Quality Green, Inc. a licensed Canadian Cannabis Cultivator, BLDV will build building a building, in Ontario, for lease by Quality Green Inc.

2) Blue Diamond Ventures, Inc. has entered into a sales and distribution agreement to bring air to water technology to the Israel Agricultural Industry with an emphasis in the Cannabis Industry.

3) Blue Diamond Ventures, Inc. has entered into a binding LOI with Alternative Medical Solutions, Inc. to lease land (roughly one thousand square feet) to build a Bio Refinery test pilot program.

4) Blue Diamond Ventures, Inc. Wholly owned subsidiary Blue Diamond Consulting, LLC has been worked alongside AMS to prepare a 20 Million USD private Placement Memorandum, to raise funds needed to complete AMS’s fifty thousand square foot cultivation facility in Ontario. The PPM has been completed and funding is expected soon.

5) Blue Diamond Ventures, Inc. has entered into a MOU with an Israeli company Cann10. Cann10 is an effort in Israel with emphasis on Medical Cannabis, with divisions that include a Cannabis Innovation & Technology Accelerator, Medical Cannabis Conference, Medical Cannabis Training & Education, and a Partnership with a major cannabis license holder named Seach, to enable Clinical Trials and development of IP related to cannabis genetics, processes and products. The parties expect to form a new company, called Cann10 North America, in Canada by the end of 2017.

6) Bot Bakery - a division of Michigan Plant Technologies which is a 100% wholly subsidiary of Blue Diamond Ventures, Inc. has been licensed its license from the city of Chicago, and has begun operations in its facility located at 7100 South S. Shore Drive, Chicago IL. to service their wholesale customers. Retail operations began on August 4th, 2017.

7) Clean 1st LLC – BLDV acquired 80% of Clean 1st LLC of Denver, making it a 100% wholly owned subsidiary of BLDV for 30 Million Class B preferred shares, not yet issued.

8) Mr. Edward Blessing previously held 660,000,000 shares of common stock in restricted form. Mr. Blessing was paid $30,000.00 for 260,000,000 million shares. 130,000,000 million shares were retired to the BLDV treasury, and the remain 130 Million shares were sold to Jeff King for $100,000.00 USD. $30,000.00 USD was used to pay Mr. Blessing for the 260 Million Shares. Mr. Blessing retained 400 Million Shares now free trading but limited by a leak out provision. These are the shares that Mr. Blessing acquired in a lawsuit against Quincy John Moaning, a previous CEO of the company, who had followed Mr. Blessing as CEO.

Source - F/S Note Disclosure Extract above from 2017 Q3 10Q: https://www.otcmarkets.com/financialReportViewer?symbol=BLDV&id=182588