Blum Holdings Inc (BLMH)

[the haze]

Dilution is fine if your company is cash flow positive and you do a secondary for a capital project. You do it so you don’t empty the bank account you have the cash for your project all the while staying cash flow positive. You amortize the costs over time better for the balance sheet This dilution by TRTC is to run day to day ops because they are cash flow negative. Cash is king that’s #1 they will have to continue to dilute to keep the business running.

Growing revenue comes with a cost. So as revenue grows so do the expenses.the cost of that mil/acre could be 700k. That same guidance of 7mil, is now calculated not against 146mil shares but 190mil or 225 whatever the count will be at the end of the year. So for example if at year end 2014 the stock is worth $1 with todays share count if the share count is double all things being equal the stock is worth .5 Which means it is now harder for the pps to appreciate. Also more supply (shares) needs more demand buyers) for the pps to rise. All dilution is not equal

This dilution is better than convertible debt with convertible debt you have to pay the interest and you have less control over the selling of shares plus many other factors