Blum Holdings Inc (BLMH)

[bgrass1]

Well if all this money and infrastructure is needed just to be in the running for a license, then TRTC's need to raise cash quickly is paramount.

Which means warrant conversions are going to probably continue for a while, and the stock price will be headed lower into the foreseeable future!!!

Now you see why I keep stressing the need to rely on conventional financing rather than toxic PIPE financing like warrant conversions, which leads to dilution.

JMHO!!

P.S. My prediction: TRTC goes lower on Monday!!

P.P.S. Remember even after the dilution there is no guarantee that a license will be obtained by TRTC in NV, as I have been stressing for weeks on end!! As the article notes, there are hundreds of potential applicants!!