Replies to post #77443 on Blue Diamond Ventures Inc (BLDV)

[Kool Aid Man]

September 20, 2017 Blue Diamond Ventures Inc. BLDV) has received a signed Letter-of-Intent and $25,000.00 deposit from Quality Green Inc. to provide a build-to-lease building for cannabis cultivation.This project is part of the newly expanded Innovative Growth Group Fund (Previously Michigan Growth Fund), that plans to build multiple buildings in the USA and Canada over the next 8 months.

Well 8 months ended May 20th and not a single one of those "multiple buildings" has been built. What's more, Alper claimed he received a "$25,000 deposit from Quality Green" to provide them a grow facility. He also announced that "a minimum $1 million would be deployed from the fund for the new project." Tho days later he expands on his claim by saying

The BLDV Innovative Growth Group is slated to construct up to 12 Cannabis Cultivation facilities in the next two years...

So in two days he moved the goal posts from 8 months to two years.

Again, in September Alper says BLDV received a $25,000 deposit to build them a facility. However, on page 4 his Q4 2017 annual report (under Issuance History) he discloses

17) Quality Green Inc. issued December 31st, 2017 Twenty-Five (25) million restricted common shares as security deposit for contract to build a cultivation facility

Why is BLDV giving QG shares as a "security deposit" when he originally claimed QG paid BLDV a $25k deposit?

Not that it matters. Virtually nothing Alper has ever announced has panned out. Consider this---

Alper claims he has been "managing director" of the Cann10-NA franchise since January 2018. What has it accomplished during those 8+ months under his "leadership?" That 25% BLDV bought cost $750k in stock and now he proposes to at least double that stake.