Blue Diamond Ventures Inc (BLDV)

[Kool Aid Man]

The gentlemen behind the cannabis project that BLDV had organized and prepared that was granted approval by the state of Virginia was required to put up $10 Million in order for the license to be granted approval by the state of Virginia.

Again, where did you come up with "$10 Million in order for the license to be granted approval?" Everything I've read states that "each bid required a detailed proposal and a nonrefundable $10,000 application fee by the June deadline." https://www.washingtonpost.com/local/virginia-politics/dozens-compete-for-a-piece-of-virginias-limited-medical-marijuana-market/2018/08/20/d8b62aac-a16d-11e8-93e3-24d1703d2a7a_story.html?noredirect=on&utm_term=.c6dac63c982d

Furthermore, the news report I cited earlier today clearly quoted Clyde Stacy as saying "Par Ventures did not sign the application." However, the news article did say that PV would be an investor.

https://investorshub.advfn.com/boards/read_msg.aspx?message_id=143895317

Are you telling us that all 5 companies who were awarded "provisional approval" have also "put up" a minimum of $10 Million as well? If so I assume that by "put up" you mean they were required to prove they had pockets deep enough to follow through and make good on the the opportunity granted to them. IMO that's not unreasonable as it would help weed out speculators who would have to shop their provisional approval around in hopes of scaring up backers.