Blue Diamond Ventures Inc (BLDV)

[Gemma]

OS share number won't change until the next quarterly comes out.

The new shares are regular common shares not preferred; so if they want to raise money with preferred shares they would need to issue even more in the new class.

They may be using the new shares to raise money for the new labs and general expenses. Hopefully they raise more than they need at .0024/share, and then with the left over funds maybe they can buy the shares back when they drop to .001.

Anyway no news on the 1.2 billion shares that are supposed to be returned, that means they probably won't return them or they wouldn't have issues more shares. They could have just used them instead.