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Tuesday, October 20, 2020

BLUE DIAMOND VENTU COM STK NPV (OTCMKTS:BLDV) Yet Another Sub-penny Explosion

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BLUE DIAMOND VENTU COM STK NPV (OTCMKTS:BLDV) is yet another deep sub-penny bottle rocket. We’ve seen so many in recent weeks that it’s getting hard to keep track. In any case, the story here is built of the announcement that the company has entered into a Joint Development Agreement with Alternative Medical Solutions Inc., to import and export Targeted Medicinal Cannabis Products and Advanced Cannabis Technologies, to and from Canada.

Examining the press release, there isn’t a lot here that seems overly exciting. There is apparently an agreement between two companies. That doesn’t demand much capital or risk on the part of either, so we have a hard time seeing it as conclusive about the future development of the situation. If you are involved here and caught the move, it may be a good move to bank a good chunk of your profits and observe the evolution of the story from here.

BLUE DIAMOND VENTU COM STK NPV (OTCMKTS:BLDV) frames itself as a development stage company incorporated under the laws of the state of Colorado.

Blue Diamond Ventures, Inc. offers startup companies a wide array of services. “Our experience provides services ranging from corporate formation to sales and marketing. Our knowledge and abilities to provide sound corporate governance and guidance are as diverse as the industries and marketplaces we operate in.“

Through a vast network of strategic partnerships, public and private alliances and real world practical business experience Blue Diamond Ventures, Inc. is a valuable resource to companies in all stages of development.

According to company materials, “Blue Diamond Ventures, Inc. seeks to partner with individuals and companies that share a common synergy, mission, and vision to enable products/services that are produced, delivered and consumed utilizing fewer natural resources, providing a sustainable alternative to traditional products on the market today. As a diversified customer centric Management / Holding Company; Blue Diamond Ventures, Inc. seeks opportunities in various markets and is driven by critical thinking and the scientific method.”

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If there is anything interesting about this story, besides the 1,400% two-day upward party, it’s the introduction into the cannabis story of the concept of international trade. After all, this is a commodity market. It is destined to evolve in the direction of something like the apple market, with global prices made fully fungible across the supply base, with different quotes for a number of different varieties. But international commodity trade is in all cases a deflationary element.

For example, you can find commodity market pricing on golden delicious, Washington extra fancy, red delicious, golden delicious 56-88s, 100-113s, fuji 100s, fuji 113s, granny smith, gala, Honeycrisp 72-100s, and others, quoted on a daily basis. But all of those prices would be higher if there weren’t large shipments crossing national borders. Canada is going to the frontrunner in this brave new world of legal pot. They are setting precedence now. This BLDV story is important in tracking the evolution of that process, or so it would seem.

“We are excited to launch this effort with BLDV,” said Joseph Groleau, VP Business Development for AMS. “With the specialized products and technologies coming into Canada from Israel, and access to global markets with our finished products, we see this as a separate profit center that could even outgrow our efforts in cultivation.”

Canada will be the home to the new joint venture, and the first market focus will be to bring Israeli Cannabis products and technology to Canada. “AMS is the perfect partner for this project,” said Joshua B. Alper, CEO of Blue Diamond Ventures, Inc. “They have a great team at AMS that has been challenged by the ever-shifting landscape of compliance and financial requirements, this project can create significant revenue even prior to AMS receiving the cultivation and manufacturing licenses from Health Canada.”

According to the release, BLDV senior project manager, Jonathan B. Alper, who is fluent in Hebrew and has been involved in import and export of products from Israel, to Canada, and the U.S. for over 25 years, will manage the effort in cooperation with a team of license and compliance experts in Canada.

Now commanding a market cap of $12.9M, BLDV has virtually no reported cash on the books, which must be weighed relative to virtually no total current liabilities. The company is pre-revenue at this point. We will update the story again soon as developments transpire. For continuing coverage on shares of $BLDV stock, as well as our other hot stock picks, sign up for our free newsletter today and get our next hot stock pick!

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