Blue Diamond Ventures Inc (BLDV)

[Gemma]

My feeling is that reverse splits always bring too many negatives along for the stock price. If they can buy back stock to bring the share structure down to a more reasonable level that's the best way to increase shareholder value over time. Being able to return shares back to the company at a cheap price also gives them the option of later reselling them for what might be a substantial profit if they need to raise money.

The only other area that has me concerned is the preferred shares that are outstanding that can be converted to common shares. I would like to see Todd retire some of these as well.