Replies to post #76893 on Blue Diamond Ventures Inc (BLDV)

[DFREIHOEFER]

Great. Thanks for posting.

[Kool Aid Man]

Yet another flip-flop.. on June 12th Alper said..

the Q1 (January 1st 2018 to March 31th 2018), is late, and will be filed together with Q2 (April 1st 2018 to June 30th 2018), on July 15th 2018. This will be a Year-End report and the new books will start on July 1st 2018.

https://backend.otcmarkets.com/otcapi/company/dns/news/document/31455/content

So now he says we'll see Q2 "when filed."

[JPS02]

BLDV Provides Updates to Shareholders & Investors

BLDV Takes Next Steps with Cann10 North America and Financial Filings

July 6, 2018 Blue Diamond Ventures Inc. (OTC PK: BLDV) Denver Colorado:

1st Quarter Numbers will be filed by July 10th 2018.

BLDV confirms that the 1st Quarter Numbers for 2018 will be filed on July 10th 2018, followed shortly thereafter with the legal opinion for the 2017 Annual Report. These actions will bring BLDV back to Pink Current with no Yield or Stop on the company.

“We regret the timing that caused the STOP sign on BLDV” said Josh Alper, CEO of BLDV, “With the new accounting and legal team we will emerge stronger”

The 1st Quarter Numbers will be the last with NOW Brands / Hemp Vodka and BOT Bakery / MPT and as reported earlier, the year-end for the company will be updated. The 2nd Quarter, when filed, will be another end-of-year annual report with new legal opinion, and 3rd Quarter Numbers will be the first set of audited books.

“This is really growing pains” continued Alper, “as we prepare for SEC Reporting and the merger with Cann10 North America it is important that we improve internal procedures.”

Josh Alper will travel to Israel on July 25th to attend the Cann10 International Board of Directors meeting where the details of the business model for North America will be finalized. The goal is for the Cann10 Alliance to deliver packages of technology and intellectual property from Cann10 Israel to North America. Currently these packages are offered through Blue Diamond Consulting LLC and all revenue is booked through BLDV. This model will continue until the merger is finalized to insure value to BLDV shareholders.

About BLDV: Blue Diamond Ventures, Inc. seeks to partner with individuals and companies that share a common synergy, mission and vision to enable products/services that are produced, delivered and consumed utilizing fewer natural resources, providing a sustainable alternative to traditional products on the market today. As a diversified customer, centric Management / Holding Company; Blue Diamond Ventures, Inc. seeks opportunities in various markets and is driven by critical thinking and the scientific method.

Safe Harbor: This press release contains forward-looking statements. Such forward-looking statements are subject to several risks, assumptions, and uncertainties that could cause the Company's actual results to differ materially from those projected in such statements. Forward-looking statements speak only as of the date made and are not guarantees of future performance. We undertake no obligation to publicly revise any forward-looking statements.

Contact:
Blue Diamond Ventures Inc.
535 N. Michigan Avenue, Suite 3001, Chicago, Illinois, 60611
Joshua B. Alper Chief Executive Officer [phone] [e-mail] www.bldvinc.com

*****End of PR*********

Source: https://backend.otcmarkets.com/otcapi/company/dns/news/document/31747/content

- I think this is a good update to address the current OTCMarkets status and keep shareholders updated of the necessary steps BLDV is taking to prepare for the merger and becoming SEC reporting, which are two challenging tasks on their own. I am more interested in the income and value that the Cann10 merger will bring to BLDV in the future. Let's get it done BLDV!

- My second thought was why do they need the Cann10 International Board of Directors to finalize the details of the business model for North America? It seems that Cann10 is well organized and they follow a structured governance decision making process, which is good to see. Notice the similarity in regards to how the BLDV CEO states in this PR that it is important for BLDV to improve its internal procedures as BLDV prepares for SEC reporting and the merger.

-->> This is key and I interpret this statement as BLDV is bringing in a new accounting team and implementing a robust set of internal operating and financial controls, combined with an effective governance process which BLDV has mentioned before in prior PRs. I believe that you do not invest all of this time, effort and money to implement such an internal controls framework if there was not something significant or of value coming into BLDV with the merger. This may be possible due to Cann10's requirements which it may have placed as conditions to protect its assets, technologies and reputation before agreeing to the merger with BLDV. I like their prudent approach as it demonstrates that BLDV is not merging with just any Israeli backed entity which is Cann10 NA.

- Finally, their North American entrance seems to be a big deal for Cann10 with the time it is taking and the BLDV CEO travelling back to Israel again. It will be interesting to see the size of the assets and efforts that Cann10 NA invest in the North American business model through BLDV. I see all of the above as a win-win for BLDV and us as shareholders when the business model is finalized as BLDV transforms itself into an SEC reporting company. Time and patience will continue to be key.

Go BLDV!

[MRDALE]

x-cuse me - but is there an update to this? Or is this the update away back in 2018? Just curious izal! GO $BLDV

"BLDV Provides Updates to Shareholders & Investors BLDV Takes Next Steps with Cann10 North America and Financial
Filings July 6, 2018 Blue Diamond Ventures Inc. (OTC PK: BLDV) Denver Colorado: 1st Quarter Numbers will be filed by July 10th 2018.BLDV confirms that the 1st Quarter Numbers for 2018 will be filed on July 10th 2018, followed shortly thereafter with the legal opinion"