Blum Holdings Inc (BLMH)

[Crusen]

Are you seriously suggesting there are appropriate reasons that two people were given $4.8 million in TRTC stock in return for "$35 cash?"

How can this be?

Also, am I missing something? You say

Plus both he and his wife have lost over 50% value in their shares

.

However, the merger is described like this:

On February 9, 2012, we issued an aggregate of 33,998,520 shares of our Common Stock to the former stockholders of GrowOp Technology in connection with the reverse merger. On February 26, 2012, also in connection with the reverse merger with GrowOp Technology, we issued an aggregate of 100 shares of Series A Preferred Stock and 14,750,000 shares of Series B Preferred Stock to Derek Peterson and Amy Almsteier, both of whom are officers and directors of the Company.

So, on a fully diluted basis, this is equivalent to 113,416,381.25 shares, correct? For "$35 cash" and some "goodwill" that was written off that very same day!

As well, because of this scandalous transaction, TRTC recently settled ADDITIONAL liabilities related to this "$35 cash."

So, at a share price of $0.0000000308, they have quite a ways to go before losing

over 50% value in their shares.