Bc. Kosh Wallis (B. Little Stars x C. Caudebec) should bloom around January February. It has green petals and septals with spotting. The parent of Little Stars, which is white, is B. nodosa which is also white but with a regressive gene for green which shows in many of its offspring.
There is a photo of one at
http://orchidsamore.com/photo_galler...Sep%202009.htm
This photo was saved because the color was unique with striping on the petals and septals. Usually they are random spotting rather than clear lines.
It is hard to tell from a photo about the white medium.
My first thought was snow mold which indicates that the medium has gone bad and needs to be changed.
Since you bought it at Lowe's I know the grower and have seen thousands of his plants. This plant is not so old as to be having mold problems, but it is still possible.
The other answer is that it is sponge rock crush in potting.
Sponge rock is a white soft product that crushes to a powder when pressed.
It is used in many potting mixes and I use it as 20% of all my mixes. Especially with smaller plants when the potting mix is pressed hard it crushes some of the sponge rock and this helps hold the plant in place.
The un-crushed portion creates air space and holds some moisture. It is a desirable product.
Feel the large amount on the left of your photo and if it is dry and powdery then it is sponge rock. If it almost disappears without any texture it is probably snow mold. With experience it is very easy to tell the difference by looking at it, but hard from a photo. If it is sponge rock I would not re-pot. The roots are very thin on this as is on many Bassovola. They can dry out easily and cause you to miss flowering this year.
By the way as large as that plant is, it is probably only 12-18 months out of the flask. It is a fast growing plant. Of the 200 one inch plugs I bought in September, I have about 50 that are as large as yours in only 9 months. A few were flowering in 2 inch pots in September. I still expect this to be a Jan-Feb bloomer like its parents. We are expecting a lot from this plant.