Blum Holdings Inc (BLMH)

[Magnum7419]

"Let's assume everything you just said is at best conjecture"

EVerything I read in the filing stated the authorized shares will be 990 million.

Sounds logical that they are taking four of our five shares and raising our last share to a 1.00...... then they take those four shares they took from us and put em back in the kitty but now newbies have to pay a 1.00 a share....... the sneaky part IMHO will be when they re issue the "B" shares at five times their value x 5.3 as each B is worth 5.3 common shares IMHO
and they have at least 15 million left to issue to those insiders that deserve a raise or bonus....etc.....imhp

Now comes the math part.......if 15 million now are worth a buck does that mean the post reverse split makes the 15 million equal to 60 million pre split " B " shares.....


Comments or opinions.....