Blum Holdings Inc (BLMH)

[kevindenver]

Almost all development stage companies use near toxic debt to fund their operations and some create massive dilution. TRTC's terms are based upon a weighted trading price. PHO$ was a fixed $.02/share. Now which company has the most toxic debt? A toxic convert with $0.02 shares is easy money!! Aegis capital provided OK terms to TRTC, yes it causes dilution, but will it be toxic to the stock, I don't think so with a good CEO.
You selectively forgot to state the terms of the debt and that the STRIKE price is variable.

Yes the issuance of PR's creates the liquidity for Aegis to sell, I'll give you that. That's just how it works....

I 100% agree once regular sources of capital is available, big things for the sector. But waiting on the FEDS is agonizing!