Blue Diamond Ventures Inc (BLDV)

[Gemma]

There's a number of reasons. I think Todd saw this as an opportunity to become a public company for a very small investment. Remember H360 was to become a part of BLDV (a reverse merger of sorts). Todd had a protocol that he was marketing, and having a listed company would give him more credibility and the appearance of being larger than he was. BLDV was also the exclusive distributor for the CANN10 products. This would give Todd and the company a larger audience and market with more to offer. These things together made some sense; unfortunately CANN10 pulled out of the agreement (know one has said why).

Going forward is anyone's guess since there has been radio silence for quite a while. They say they are working on getting the financials audited and updated now that the merger has gone through. It shouldn't take that long for a company that has no revenue to speak of. They didn't file an extension (a simple form with four questions to check off), so they are running out of time before the OTC puts a stop sign on the company. You would think they would want to avoid that.

As a company wanting to grow they should be putting out information about their plans and update shareholders on progress at least monthly with real information, not the BS Josh is spouting.