Being cautious/realistic isn't "naysaying." But by any measure this ticker still has big problems. Mind you the STOP sign can be eliminated fairly easily and quickly by merely getting current with quarterly disclosures and hiring a lawyer to provide the required "attorney opinion" letter. Josh Alper was either incapable or unwilling to address those matters.
The much bigger problem is the bloated share structure. Fully 92.86% of authorized common shares have been issued and are outstanding. A huge number of those were sold to people many years ago by previous scam management who siphoned off all the money. Those old shareholders are still around and hoping to cash in on BLDV despite having not contributed any money to its' MMJ operations. And then there are all the restricted preferred shares that have been issued and are waiting to be converted into common at rates of 3-for-1 and 10-for-1. I'm not sure if the current O/S includes all of those yet (it should otherwise they will explode the A/S when converted).
News 
Market Data 
Discover 
