DENVER, CO--(NewMediaWire - Oct 26, 2016) - Blue
Diamond Ventures Inc. (OTC PINK: BLDV) reports that the company has successfully
finalized an agreement to acquire the Verve Living
Systems & ZENO InnPoint brands/trademarks along
with the ongoing business and hospitality assets of Zeno Controls
LLC, a New York based limited liability company. The ZENO
wireless gateways and cloud solutions provide energy saving and
management to the hospitality industry, while the VERVE Living
Systems brand provides the sensors and guestroom control products.
The VERVE product line includes 27 products, ranging from switches
to thermostats, occupancy sensors, HVAC controls, lighting and load
control. www.vervelivingsystems.com www.zenocontrols.com
Josh Alper, CEO of Blue Diamond Ventures, commented, "Through
this agreement, Blue Diamond becomes the first energy-management
and in-room controls provider to support both EnOcean and ZigBee
technologies, to deliver the most flexible wireless performance
platform on the market. In addition to current markets of Zeno
Controls and VERVE Living Systems, Blue Diamond will expand the
VERVE Living System brand into the Cannabis Industry, with a VERVE
branded Home Growing System that will leverage the VERVE
self-correcting adaptive wireless "Hotel" technology, replacing the
"Guest Comfort" with Plant Health. BLDV will place both VERVE and
ZENO in the newly created d/b/a of Michigan Plant Technologies LLC,
United Sustainable Technologies, that will be solely focused on
sales to hospitality end-users and the development of the new
residential grow products in the Cannabis space."
In other company news, Blue Diamond announces that Clean
1st LLC, the owners of Cannabis Clean (www.cannabisclean.com) a 20% holding of BLDV,
has closed several new large contracts to provide specialized and
antimicrobial janitorial services to cannabis cultivators in
Colorado. Clean 1st has in addition acquired a small existing
janitorial service and is still actively seeking to hire additional
personal to help keep up with the demand. Steve McMorrow, President
of Clean 1st, and
Josh Alper, CEO of BLDV, have met in Denver this past week to
discuss expansion of the company's operational model to other
markets in and outside of the USA. Cannabis Clean will be
exhibiting at the upcoming MJ Daily Marijuana Show in Las Vegas on
November 15th - 17th, 2016
and will be announcing plans for a new authorized dealer
network.
Now Brands, LLC (www.now-brands.com) the owners of Olde Imperial
Mystic Hemp Vodka, a 40% holding of Blue Diamond Ventures Inc., has
successfully completed the first production run of its triple gold
medal award-winning Hemp infused Vodka. The product is now
available in New York State via Now Brands distributor LNJ
Brands.
Blue Diamond Consulting LLC ( http://bd-suiteofservices.com/ ) has begun
work on a community solar project in the Western New York. The
company has been contracted as the owner's representative for a
major development company in Buffalo, NY and will receive fees for
its services. This will be our first solar project and will be an
operational model that BLDV and BDC will seek to duplicate in other
markets.
In other consulting news, in addition to the solar projects
above, Blue Diamond Consulting (BDC), has successfully completed
its review of the California Lights Works Cannabis LED Lighting,
and has signed a short-term consulting agreement with a Cannabis
Greenhouse Systems. In addition, BDC has entered into a consulting
agreement with a Canadian Cannabis Grower who has just received
their pre-license from Health Canada. BDC will begin its service
after the grower has completed its second round of funding to
complete its 50,000-sq. foot cultivation center in Ontario. BDC has
signed multiple clients pursuing marijuana licenses under the new
laws in Michigan.
"Blue Diamond Ventures Inc. has begun to successfully transform
itself as I have envisioned, and put the main emphasis on the
consulting services driving the other holdings," said CEO Josh
Alper.
In addition to the clients listed above, The BLDV business model
relies on Blue Diamond Consulting to provide consulting services to
our subsidiaries including Now-Brands LLC, Cannabis-Clean - Clean
1st LLC, Michigan Plant Technologies LLC. "Reflecting on my first
six months as Chief Executive Officer, I am pleased with the
progress BLDV has made, but recognize there is a lot of work left
to be done to better position the company to enable it to be
successful. I am confident that the Suite of Services that BLDV
markets to the Cannabis Industry and beyond will be the key to this
success," Mr. Alper stated.
Blue Diamond Ventures, Inc. is in the process of scheduling a
shareholder conference call to take place on Tuesday, November 22nd
at 4:30 PM EST. More details concerning this event will be released
soon. Included will be call-in information and the ability for
shareholders to email any questions in advance to Mr.
Alper.
About us:
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.
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.