Blue Diamond Ventures Poised for Strong Revenue Growth as
Company Completes Major Sales Agreements and Streamlines Operations
and Management Soon to be disclosed in its Annual Report to OTC
Markets
Company Announces Landmark sales agreement with True Leaf, LLC
and sale of 13,000 square foot warehouse building by Wholly Owned
Subsidiary Kickin Grass LLP
Plano, TX -- August 3, 2015 -- InvestorsHub NewsWire
-- Blue Diamond Ventures, Inc. (BLDV)
- Plano, Texas- August 3, 2015 - In an effort to increase revenues
and position itself for unprecedented growth, Blue Diamond
Ventures, Inc., has taken major steps to streamline its operations
and has entered into a sales and distribution agreement with True
Leaf, LLC., a leading manufacturer and supplier of seeds in the
United States. The company will provide details of these measures,
along with the finalization of the sale of a 13,000 square foot
warehouse in Utah by its subsidiary Kickin Grass, LLP in its Annual
Report to OTC Markets.
The company is committed to increasing our revenues, improving our
balance sheet and expanding our margins as part of our corporate
Ecosystem operational and expansion model, said Blue Diamond CEO
Cleve Tsai. We will continue to take strategic actions to drive
revenue growth and streamline operations.
Blue Diamond Ventures, Inc. wholly owned subsidiary Kickin Grass
LLP operates as a holding company buying, selling and leasing
commercial real estate in Utah to agricultural-related companies.
Kickin Grass LLP previously owned and leased a 13,000 (thirteen
thousand) square foot commercial warehouse building in Springville,
Utah 84663, which recently sold. The proceeds from this sale will
be noted in the companys annual report.
Blue Diamond Ventures, Inc., announces it has entered into Sales
and Distribution Agreement with True Leaf LLC, a leading
manufacturer and supplier of seeds in the United States. True Leaf
LLC conducts its business under the trade name Mountain Valley
Seeds. Mountain Valley Seed, Inc. has been in the wholesale seed
business since 1974, offering Premium Quality Seeds. Under a
limited sales and distribution agreement, Blue Diamond will be
afforded the opportunity to expand True Leaf LLCs market. Through
Blue Diamonds corporate ECOSYSTEM operational model, the company
will seek to open additional channels of distribution for True Leaf
LLCs products and services resulting in Blue Diamond Ventures
receiving commissions for the sales of products and services closed
by the company. Blue Diamond under the terms of the agreement will
also receive residual commissions for the sales of products and
services made by True Leaf LLC to customers supplied by Blue
Diamond Ventures.
Mountain Valley Seed market seeds to both professional growers
and to the retail market. The company has signed the Council for
Responsible Genetics (CRG) Safe Seed Pledge. The idea of inserting
bacteria which is poisonous to insects into a plant that we eat is
of obvious concern and, while we are impressed with the technology,
we believe that people have the right to know what is in the food
they eat. Until more research, crop protections and clear labeling
are created we have chosen not to participate in this part of the
market. Visit Mountain Valley Seed on their website: https://mvseeds.com/
Blue Diamond Ventures, Inc. via a Board of Directors approved
corporate resolution has perpetrated the following actions in order
to streamline operational control and management of its business
operations in an effort to control cost and improve overall
efficiency.
Blue Diamond Ventures, Inc., CEO Mr. Cleve Tsai, informs
shareholders that he has accepted an annual salary of $1.00 a year
payable on the 31st of December of each year. Mr. Tsai will accept
a modest salary in the future when the company recognizes
significant profits and will report to shareholders when this
action has been implemented.
Mr. Tsai also informs shareholders that former CEO John
(Quincey) Moaning has committed to utilize a significant portion of
his Blue Diamond Ventures holdings to assist the company in its
goal of acquiring companies that will help build significant value.
As an affiliate, Mr. Moaning is limited to selling only 1% his
holdings per quarter based on the Outstanding Share count at the
time of his sales.
The company hopes both of these actions will be viewed by
shareholders of the companys commitment to utilize its available
resources in ways that are non-dilutive to the market place. As
will be noted in our most recent filing of the companys annual
report, Blue Diamond Ventures, Inc. is committed to not engaging in
any toxic financing and has no convertible debentures, 504s or any
other toxic financing measures in place.
In July 2015, The Board of Directors of Blue Diamond Ventures,
Inc. the parent company of Green Growth Holdings, Inc., approved a
corporate resolution to transfer from Green Growth Holdings, Inc.
all of its assets to include wholly owned subsidiaries, sales/
license distribution agreements into Blue Diamond. This corporate
action in effect makes Green Growth no longer a wholly owned
subsidiary of Blue Diamond Ventures, Inc. Green Growth Holdings,
Inc. will now operate as a private company under an incubator model
of operation and Green Growth Holdings, Inc. will retain all of its
liabilities and debt. As a private company operating under an
incubator model, Green Growth Holdings, Inc. should remain as a
vital resource for Blue Diamond Ventures.
As per the Board of Directors approved corporate resolution,
Blue Diamond Ventures, Inc. transferred Green Growth Holdings,
Inc.s wholly owned subsidiary Clean 1st LLC a leading manufacturer
/packager of Nano-surface cleaning technologies along with other
cleaning, disinfecting and odor reducing solutions that are
marketed for sale within the agriculture industry as well as other
vertical markets to Blue Diamond Ventures, Inc.
Clean 1st LLC currently markets several products under the brand
names: Cannabis-Clean, Grow Clean and a deodorizer product that is
in the process of being rebranded. You can learn more about Clean
1st LLC by visiting their website: http://cannabis-clean.com
In addition Blue Diamond Ventures, Inc. has also transferred
from Green Growth Holdings, Inc. into Blue Diamond Ventures, Inc.
its wholly owned subsidiary Kickin Grass LLP and has accepted and
owns the Sales and Distribution Agreement with True Leaf LLC.
In other news: Blue Diamond Ventures, Inc. has launched its
corporate social media sites to include a Facebook page and Twitter
account. BLDV will utilize these media outlets from time to time,
in compliance with SEC Regulation Fair Disclosure (Regulation FD)
to provide updates and information to the general public.
Shareholders may view more information and gain access to BLDV news
Social Media accounts by visiting our website: www.bldvinc.com
The company has received several shareholder inquiries
concerning the purchase of company stock electronically from TD
Ameritrade. TD Ameritrades policy related to the purchase of BLDV
stock is not to accept online orders. Any person wishing to
purchase shares through TD will need to call their broker at TD to
place their order. They should ask their broker to wave the
brokerage fee and to be charged the online fee, since online
purchases are not currently available. BLDV is DTC eligible.
Blue Diamond Ventures Inc. is in negotiations with several
companies that operate within varying segments of the agriculture
industry to include: Urban /Vertical Farming, Ancillary Products
and Services for Cultivators of Food, Medicinal and Industrial
Crops to include Medical Marijuana and Hemp (in States, Countries
and Regions where Legal) and with other Green product producers to
be acquired as wholly owned subsidiaries, joint ventures or with
license and distribution agreements.
As we expect to close more deals in the near future, Blue
Diamond Ventures, Inc. will provide updates to the market place
when appropriate.
About us:
Blue Diamond Ventures, Inc. targets companies that share a
synergy, mission and vision to provide consumers with products that
are produced utilizing fewer natural resources and provide a
healthy alternative than current traditional products on the market
today. As a diversified customer centric Management / Holding
Company; Blue Diamond Ventures, Inc. seeks opportunities globally
in various markets and is driven to surpass all expectations in its
performance to achieve the pinnacle of success.
Safe Harbor:
This press release contains forward-looking statements. Such
forward-looking statements are subject to a number of risks,
assumptions and uncertainties that could cause the Company's actual
results to differ materially from those projected in such
statements. Forward-looking statements speak only as of the date
made and are not guarantees of future performance. We undertake no
obligation to publicly revise any forward-looking statements.
Contact:
Blue Diamond Ventures
Cleve Tsai
(972) 665-9822
info@bldvinc.com