InvestorsHub Logo
Followers 171
Posts 18277
Boards Moderated 2
Alias Born 11/29/2010

Re: Jeterman1 post# 85214

Tuesday, 02/18/2020 9:35:23 PM

Tuesday, February 18, 2020 9:35:23 PM

Post# of 100444
OTC has a symbol stating the company has "Two Independent Directors."

According to OTC--

An Independent Director means a person other than an executive officer or employee of a company or any other person having a relationship which, in the opinion of the company's board of directors, would interfere with the exercise of independent judgment in carrying out their responsibilities as a director.

The Two Independent Directors badge on a company’s profile at www.otcmarkets.com means that the company has self-reported to OTC Markets that their board of directors contains at minimum two Independent Directors.

First of all, how does Steve McMorrow qualify as "independent" inasmuch as BLDV still owes him a wad of cash??? Even more perplexing, how is it that the brother of senior manager Jonathan Alper qualifies as being "independent"? To wit--

Blue Diamond Consulting LLC – has planning and development projects, as well as business development and product development projects in traditional industries. (Jonathan Alper, manager of Blue Diamond Consulting spoke about some of the planning projects, including Victory Christian Church) The project consists of a 100-acre parcel in Pendleton NY, 10 miles North of Buffalo NY.

The original feasibility study was completed in May and billing of $8K per month commenced on June 1st, with Jonathan acting as Project Manager for the Church. As the project proceeds with Residential Development, Commercial Development, Solar Energy Production and Wetland Park Development, Blue Diamond will act as Master Planners, Construction Managers, and Developer Coordinators with estimated fees reaching $25K per month by January 1, 2018, with the project lasting over 2 years. Blue Diamond continues to provide land planning services to religious and other organization in the Chicagoland Area.

6/20/17 Shareholder Conference Call Recap:

https://www.otcmarkets.com/ajax/showNewsReleaseDocumentById.pdf?id=26099

Jonathan filed the required "Periodic report" with the Colorado SOS on 06/28/2018. Moreover--

The SOS reveals that on 09/11/2019 09:32 AM (Document#20191729924) Blue Diamond CONSULTING LLC-- not Blue Diamond VENTURES INC-- Merged (in)to Harvest360 Technologies. This is confirmed on page 3 of the 2019 Annual Report. Let me repeat--

HARVEST 360 MERGED WITH THE WHOLLY OWNED SUBSIDIARY (Blue Diamond Consulting LLC) --NOT WITH THE PARENT (Blue Diamond Ventures Inc)... with the result being "Harvest 360 Technologies LLC being the surviving entity and a wholly owned subsidiary of Blue Diamond Ventures Inc
.
So what.. H360 is the new Blue Diamond Consulting which is still a "subsidiary"?

My "opinion" is as valid as your "hearsay"