Replies to post #80518 on Blue Diamond Ventures Inc (BLDV)

[Kool Aid Man]

As I said before (post 80464)...

I concur somewhat in that I do believe the BLDV H360 marriage is being facilitated by Cann10-Israel. They are clearly the common denominator between the two entities. In his PR back on 4/20/18 Alper admitted that a (reverse) merger with Cann10 would be difficult for several reasons-- most notably because it would involve foreign ownership of an American public company. I believe Cann10 is primarily concerned that their equity stake is in the hands of a good steward. They've had well over a year to get to know and observe Alper. It's pretty obvious he wasn't/isn't up to the task.. especially not running the company by himself.

Granted the other LOI's Alper announced weren't about mergers.. but he did speak repeatedly and confidently about merging with Cann10, gaining 51% controlling interest etc. He even gave repeated deadlines which he failed to deliver on. According to him those merger discussions went on for over a year and nothing was ever finalized.

I don't doubt that H360 is fully expecting the merger to happen. Nor do I think they're incompetent or gullible. However, I'm always leery when penny stock managements announce these LOI's/ MOU's/ JV's and immediately imply they're a done deal. "Signing things" is one of the most common (and cheapest) pump tactics in penny land. However, I expect the BDLV/ H360 reverse merger to happen and would surprised if it didn't.

[emit]

Bring on Clyde/Jim and asperations of gov contracts with our cannereet.


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