"Why would he use bldv if it's easier to open another company in Canada and start fresh"
--exactly. A company goes public in order to sell shares so they can raise funds to finance operations, right?
The reality is, as of Q4 2017 93% of the A/S of BLDV has already been and is outstanding. Who knows how many more shares have been issued in the 6 months since? Most likely A LOT if Alper did indeed buy that additional 24% of Cann10 --49% total. That was revealed in an email message he reportedly sent to another IHubber which was posted here on 4/25/18-->> https://investorshub.advfn.com/boards/read_msg.aspx?message_id=140300517
If true then BLDV's A/S may already be maxed out.
And don't forget, a huge number of those shares were purchased years ago by bagholders of BLDV's previous scam master extraordinaire John Quincy Moaning. So why would a new company want to be saddled with all those shareholders whose money has already been blown on Alper and Moaning's pipe dreams?
IMO the A/S being maxed out is why Alper is talking about trying to jump to the Canadian Stock Exchange.
IMO this Cann10-NA + BLDV merger is primarily Josh Alper's idea. IMO he courted them, not the other way around. What has he ever accomplished to cause Cann10-Israel to think "he's THE guy we need" ???
IMO he is desperate to be a partner/player with the Israeli guys --just as he has been with everyone else he has attempted to partner with.
Alper has clearly bought a buttload of shares (a minimum of 25% for $750,000.00 worth of stock) in this new, non-functioning franchise --one that doesn't even have a starter web page yet. Once again, this deal will only pan out IF he somehow manages to raise the funds to follow through with whatever grandiose plans he has. Example-->
As I pointed out yesterday, on January 4, 2018 Alper wrote-- "Cann10 North America will launch a Professional Cannabis E-Learning Platform in the 2nd Quarter of 2018 that will provide generalized and customized offering in both USA and Canada. Revenues for Cann10 North America are projected to be from $1.5 MM to $2.5 MM in 2018."
$1.5 - $2.5 million from "Professional Cannabis Education, Medical Cannabis Conferences"??? How likely is that to happen?
Q2 2018 is over in 9 days.
He hasn't he filed Q1.
He didn't even bother to file a "notice of late filing"
He didn't file the required annual attorney opinion letter which resulted in this stock being downgraded to YIELD.
He has issued >>Fifteen PR's<< in 2018. He finally addressed these concerns in #14 weeks later and blamed the delays on the attorney and his reorganization of the company.