Blue Diamond Ventures Inc (BLDV)

[Gemma]

There's been no other buybacks that I am aware of, but they did say that buying back shares was one of the things they would do to reduce the OS. They did announce at about the same time as the 700M shares were returned that they were buying back 500M from an investor for $250,000. I have not seen those returned yet.

The fact that the preferred shares have not been converted does not surprise me. I feel that Josh and the other preferred share holders are waiting for a much larger price than .01/share as I am. They also have restrictions on how much and when they can sell.

Hopefully the MJ climate in the country improves this year and we see positive news in the annual report, which is coming due. If those two things occur that may be the catalyst to start the move up in price.

If Josh and Todd ever have another question and answer session, maybe they can address the share structure and the chilled shares. I submitted questions on this topic to them last time, but they really didn't address the subject.