Replies to post #83260 on Blue Diamond Ventures Inc (BLDV)

[Rhinegold]

$3 Million Revs? We are already 6 months in, and $3 million behind the timeline.

There is still no set facility location locked down, the set up work is not done (no set location- set up needed, security, camera, inspections, )
it will be many months to set up and then grow a first test crop.
Then more inspections.

When does the License expire?

As far as that PR, history proves Alper is a failure and can we name one thing PR'd in 3 yrs Alper completed?

As far as H360, it says on their page:

HARVEST 360 DOES NOT SELL OR DISTRIBUTE ANY PRODUCTS THAT ARE IN VIOLATION OF THE UNITED STATES CONTROLLED SUBSTANCES ACT (US.CSA). HARVEST 360 DOES NOT GROW MARIJUANA PLANTS, DOES NOT PRODUCE MARIJUANA PRODUCTS, AND DOES NOT DISTRIBUTE MARIJUANA IN ANY FORM OR SHAPE.


https://www.harvest360.co/

[Gemma]

This is old news.
Since this release:
1. NO merger with H360
2. Cann10 has pulled out of their partnership
3. NO signed contracts

Based on these developments it is likely that BLDV no longer has any relationship with the Virginia project or any project. Of course we don't really for sure know because there's been no communication from the company.

[N3lson33]

So why hasn't this stock responded with a surge?

[Kool Aid Man]

The 3/6/19 PR was 2 months and 1 week before the filing of Q1 on 5/15/19. That's when we learned that the BLDV/CANN10-NA partnership had been dissolved. It also stated that

"Cann10 International has agreed that Harvest 360 Technologies LLC will provide the services that were to be performed by Cann10 North America on behalf of the parent company."

That's great >>IF<< H360 ever actually follows through with the announced merger/acquisition as Josh stated in the same paragraph

"The acquisition of Harvest 360 Technologies LLC, is proceeding as planned and final terms have been agreed by all parties."

(and he says)

"The companies have merged revenue streams"
https://backend.otcmarkets.com/otcapi/company/financial-report/220471/content

SO..when Q2 drops there should be a much larger than normal revenue number since the excuse for BLDV having no revenue in Q1 was because the two companies were merging, right? I'm not sure why BLDV's revenues weren't disclosed unless H360 decided to carry them on their books DESPITE THE MERGER NOT BEING FINALIZED. If so that sounds rather dicey (if not illegal) especially if they used BLDV's revenues to secure any sort of bank loan or other investment.

Also in the 3/6/19 PR it says

"H360 was already a major supplier (to the Virginia/ Dharma contract)

Yet on 9/25/18 we were assured by others that Josh --with backing from Cann10-NA-- played THE major role in helping Dharma secure their license.

"Blue Diamond Consulting LLC, a wholly owned subsidiary of BLDV, prepared the application in Virginia, and was able to demonstrate the value of Cannareet and other tech to expand the Dharma model."

And..

Harvest 360 Tech, strategic partner of BLDV, will introduce a spatial modeling Chemistry Mapping Solution (i.e. "Dots in a Box"--KAM), to the Virginia project as part of a research and development package that includes community outreach integrated into patient and doctor outcomes.
https://backend.otcmarkets.com/otcapi/company/dns/news/document/32981/content

Logic tells me any meaningful revenue --if there ever is any-- from "Dots in a Box" won't materialize until the Dharma project is completed, inspected, approved, growing and producing CBD. I also note in the 3/6/19 PR it states "the Virginia project is projected to be just under $1 million USD." Whether there will be any PROFITS after expenses (fees to Cann10, fees to H360, travel/ meals/ hotels, salaries, more airport massage chairs for Josh to do his "critical thinking" in, etccc) remains to be seen. Any profits would be divided by 5.4 billion shares should a dividend be issued which isn't likely.

Finally, Todd is supposedly now --or slated to be-- CEO of THREE separate MMJ companies... H360, Cavalry Cannabis and BLDV. I don't see what would prevent him from siphoning off contracts and revenues from clients that might be headed toward BLDV and direct them to his "similar package offered by his privately owned Cavalry Cannabis." IMO his loyalties need to be clearly stated!!! BLDV doesn't need to be paying the expenses of a private entity.