Blum Holdings Inc (BLMH)

[BriarPatch]

A little history...

FY'14 Guidance ==> 7,000,000

At the end of Q2 we are 272,120 ahead of projections, I can't wait for Q3 release to see where were at.

Actual
Q1 ==> 560,319 an increase of 494,198 or 700%
Q2 ==> 3,711,801 an increase of 3,046,436 or 458%
Q1 + Q2 ==> 4,272,120
FY'14 - (Q1 + Q2) ==> 7,000,000 - 4,272,120 = 2,727,880
Q3 + Q4 ==> 2,272,880 to meet FY'14 projections
==> 2,727,880 / 2 = 1,363,940 for each remaining Q

Projections for Q3 & Q4 ==> 3,000,000
Q3 ==> 1.5 mil, actual need is 1,363,940
Q4 ==> 1.5 mil, actual need is 1,363,940

The FY'14 lofty guidance of 7mil, which was laughed at when issued now looks like a no brainer.

Two Steps ahead and Blazin' a Trail