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janice shell

05/03/17 9:47 PM

#56096 RE: stervc #56091

Actually, Josh was made aware of the TJ Management situation before he made the decision to sign to take control over BLDV.

And he was tempted because apparently it was free? That was a poor decision. As I've said before, you get what you pay for. And what he got was some serious problems.

Please, it should not be insinuated that they can't move forward with corporate actions because they can.

The term "corporate action" has a specific meaning. Please read FINRA Rule 6490:

http://finra.complinet.com/en/display/display_main.html?rbid=2403&element_id=9364

So if BLDV wants to do any of that stuff--and most companies do, sooner or later--they'll have to rethink some things.

I explained why FINRA denied their corporate action of a reverse split and how such was a blessing in disguise since they felt it better to cancel the reverse split as explained in the links below:

And I've explained to you why it is NOT a "blessing'.