Blum Holdings Inc (BLMH)

[Magnum7419]

August 12 2015

. "So we've got our 57 million shares effective right now. So at $0.10 or $0.15 a share, depending on where we are, any given day that's $6 million to $9 million of financing plus, plus, plus."

Where did that money go ?

http://seekingalpha.com/article/3435026-terra-techs-trtc-ceo-derek-peterson-q2-2015-results-earnings-call-transcript?page=5

"So again, I feel pretty comfortable where we're sitting from a financing standpoint right now. And I think we're going to be able to reduce a lot of expected cost associated with Nevada when we start to dip in some of these other technologies"

At the time the CEO made the above statements Nevada costs were projected at 11 million and they had just paid off Washoe county 340,000 for land.

So.....why now do they need 13.5 million for Nevada?