Gee Sterling ... what do you think of your good buddy John Q. Moaning now??
Still think the uplisting is imminent?
Still think BLDV is just waiting for SEC approval?
Still think the audit has been done?
Still mind boggled about the opportunities with BLDV?
Now let’s further observe BLDV’s situation. The CEO told me that he is not dumping shares. I believe him because from speaking to him, the audit for everything is already done. Once the due diligence process has been completed at this level, the share structure can’t be tampered with because the share structure is what is used as the basis for the medium of exchange for accountability of transforming BLDV into the NASDAQ entity through reverse merging into it. Here with BLDV, the due diligence is already done as they are awaiting approval from the SEC. This is why I believe the CEO when he tells me that he hadn’t and won’t be putting any more shares out there.
As I stated before, I did not buy BLDV because of the potential it has from just a covering to take place. I bought BLDV because from doing the math, I see the opportunity to get at least $4.00 for every penny or two or less that I will spend now on BLDV. I say this because I did confirm that after the merger, BLDV will meet all of the NASDAQ requirements to include having a $4.00 bid for 30 days. This is the opportunity that true investors will see with BLDV and why BLDV going to the NASDAQ is a completely different type of reverse merger story that is happening here as compared to your average penny stock reverse merger that remains on the pink sheets or in penny stock land. I think it would be wise for people to create a few worse case scenarios in doing the math to see this for them selves. It was actually mind boggling for me.
