Blum Holdings Inc (BLMH)

[Magnum7419]

5% discount is one of the best financing deals going...other than straight equity which is what the PP was. Your concerns are warranted but point out there is a big IF in it and I as a shareholder feel DP will ensure that the IF does not occur since he is in control of the share price and the number of share sold at any given time. Magna is a line of credit, something to fall back on if necessary. With the 2 million PP recently given, TRTC has enough funding now to put 1921 Western up and running as well as their RENO site. Funding for cultivation and production is a year away. I think the line of credit will not have to used in its entirety as Big Money is right around the corner. Of course I am in a different situation than most...I blindly bought at .084 and now have a nice cushion to sit on....