Blum Holdings Inc (BLMH)

[pearjammer]

Again sleeper there will most likely be a reverse split in 2018.

If not your looking at .19- .40 pps range for the year.

I am not sure how many shares they can increase/approve to the 900,000,000 outstanding already, but

once they feel they cannot sell anymore shares and toxic financing is not worth it for pennies on the dollar anymore---> AND most of all the Customers are just not there to buy into it anymore.

You will see the consolidation ( RS) to bring in new money. They have to make the numbers look good again to pull in people that can actually read and understand a financial report.

As Derek said-

They will also consolidate if they can get a buyer like canopy growth just did. Just imagine what 275 million dollars in cash for 10% of the company would do for expansion.

The question is not will there be consolidation, but what the ratio will be

I am ok with a 5 to 1 that would make everyone happy..... but my guess is it will be 10 to 1

This is a very very big year coming up for this company. Derek said do not judge us now..give us 2 to 3 years.

2018 will be the third year....lets watch the show and see what happens