Blue Diamond Ventures Inc (BLDV)

[JPS02]

There are no convertible notes on BLDV's financial statements (unaudited) for the year ended December 31, 2018 and for the quarter ended March 31, 2019.

BLDV only has convertible equity shares.

The $140K total accrued liabilities on the March 31, 2019 balance sheet (unaudited) are compromised of debts to Quality Green ($25K), Steve McMorrow ($50K) and other misc. debts ($90K).

A total debt of $140K is not significant for a developmental stage company on the pink sheets such as BLDV with unaudited assets of $655K as of March 31, 2019 which renders an unaudited total debt to assets ratio of 0.21:1. I think this ratio result is reasonable for an otc ticker such as BLDV.

Here is the link to the 2018 Annual Report (unaudited):

https://backend.otcmarkets.com/otcapi/company/financial-report/212664/content

Here is the link to the March 31, 2019 Quarterly Report (unaudited):

https://backend.otcmarkets.com/otcapi/company/financial-report/220471/content

This ideal long-term debt free situation was cleaned up during 2017 and communicated to us in a PR on 4/2/18:

https://backend.otcmarkets.com/otcapi/company/dns/news/document/30401/content

- No convertible notes, which is not common on the OTC, is great to see as a BLDV shareholder.

Go BLDV!