Replies to post #83709 on Blue Diamond Ventures Inc (BLDV)

[Kool Aid Man]

"Why would Todd be interested in taking over BLDV?"

Companies go public in order to raise capital by selling shares to investors. Unfortunately 93% of BLDV's authorized shares have already been issued and are outstanding and the money already BLOWN. That leaves about 7% (roughly 406 million shares) left to issue and sell. At today's price of .0005 those shares woud be valued at a mere >>$203K<<. That price would likely be lower since the issuing of 406m new shares would dilute all those already outstanding.

IMO the only options are---

1) Print and issue more shares and greatly dilute those everyone currently owns--

or

2) Pull a massive reverse split.

The latter would drive the PPS well below .0001, wipe out current shareholders and allow new management to start fresh.

[JPS02]

Extract key words: ...will start to flow into BLDV, through H360...

Extract source - 7/8/19 PR: https://backend.otcmarkets.com/otcapi/company/dns/news/document/37053/content

Go BLDV!