Replies to post #85732 on Blue Diamond Ventures Inc (BLDV)

[Kool Aid Man]

BLDV's ticker is worth slightly over $1 million. If the pps falls to .0001 then the total value of every share held by everyone falls to $500k. The company doesn't have the money to buy it at either valuation even if they wanted to.

There are only 414 million common shares left to issue. At .0002 they're worth a paltry $83k. At .0001 that's $41.4k!!!

Seriously... how's management gonna be able to finance anything when all the equity has been blown?

I know some will scream otherwise but a reverse split seems the only recourse management has to make use of this ticker. H360 owes no loyalty to anyone here. They can find a way to protect Josh and Jonathan before wiping everyone out.

Reverse splits are never going to happen.. until they do.