Blue Diamond Ventures Inc (BLDV)

[Kool Aid Man]

So no Cann10 "merger"..no Cann10 executives coming on board...no "majority/controlling ownership" of Cann10-NA as Alper repeatedly announced. However, it appears Cann10-Israel is willing to up BLDV's stake in Cann10-NA to 49%. I suspect that concession is contingent Josh Alper no longer running the show and holding EVERY office. THAT, my friends, is the BIG news of the day.

Will Alper be forced to give up his Preferred "69% Super Vote" share? One assumes so but only time will tell.

It sounds like H360 is looking to go public by pulling a reverse merger into BLDV.
https://en.wikipedia.org/wiki/Reverse_takeover

I hope Scanttini & Co are smart enough to have have done extensive due diligence on this ticker before this announcement. However, if they haven't begun yet then this could turn into yet another "letter of intent" pump. This ticker is long overdue on disclosing its financials and has other problems that have caused OTC to issue a "STOP" warning. "The timetable of the final agreement" has not been disclosed to investors.

Conclusion: On the whole this seems like a positive development (ANYTHING is better than having Josh Alper operating as a one man band). However, if the reverse merger fails then all bets are off.

Congrats on today's gain