Blue Diamond Ventures Inc (BLDV)

[Gemma]

What you said is exactly what Stervc said in his explanation of why the float is smaller than listed.

My concern is that BLDV will resolve its issues with the DTC and be free to do a RS. That would hurt the stockholders in the long run. Secondly the preferred shares can be converted into approx 2 billion common. Even if the company doesn't do a RS, if the preferred shares are converted then you will have almost 7 billion shares outstanding.

At that point the chances of up-listing get considerably more difficult without a RS.

Remember Josh has already tried to do a RS; there's no reason to think he would not try again if the DTC lets him.