Blue Diamond Ventures Inc (BLDV)

[Gemma]

BLDV has two major problems to overcome for the PPS to increase.

1. The bloated share structure keeps the PPS down and instead of lowering the number of shares like they said, they have increased them by over a billion.

2. Lack of any real revenue or profits. The company has never made consistent or significant profits and continues to underperform and miss on PR promises and expectations.

Unless the company can address these two items the PPS will continue to languish at the current levels and even drift lower. Additionally now they are in danger of having the yield sign placed on them again because they can't seem to file quarterly returns in a timely manner.

I thought with the new finance guy this might be behind us, silly me, wrong again. BLDV is just spooning out more of the same fluff.