Blum Holdings Inc (BLMH)

[Magnum7419]

I take full responsibility in my purchase and blame no one but myself. Given that..I have a choice to make...I can promote this stock, bash this stock or just try to let the new wave of shareholders understand what the facts are....The S-1 was difficult for me to understand...I thought the floor was 30 cents but I have since learned thru another here that the floor is .125...but that was 48 million at 125 which yielded TRTC 6 million... They now need 9.75 million which means they need to do another S-1 or find a more suitable financing arrangement but in the end they will owe someone over 16 million dollars at a rate of near 12% starting in Sept 15, 2015.....and at best their return on Marijuana will not begin till the end of 2015.....and their return will be 50% cause they had to give up approximately half to other investors. My research shows majority of dispensaries make an annual return of 500,000 to One Million. There are those here who feel the annual return will be 25 million....I think thats unreasonable but even if it was true..DP said costs to run Nevada is 35% so take 35% off 8,750,000 and then take 50% off to pay off investors and that leaves you 8 million in profit and TRTC owes 16 million.... so depending how to pay off the 16 million it will be years before they make a profit in Nevada..IMHO ( I could be wrong and good luck) My exit stragedy is slightly above .38 cents..but that could change as further financing is revealed.