Blum Holdings Inc (BLMH)

[Crusen]

Mr. James has several years of expertise in corporate finance, recently serving as CEO of Nestor, Inc...

---http://globenewswire.com/news-release/2010/07/01/424261/195537/en/Inergetics-Announces-Michael-C-James-as-New-Chief-Financial-Officer.html

Nestor has a long history of financial trouble. Last May, the company was delisted from the Nasdaq Capital Market stock exchange and now trades over the counter at just 2.9 cents per share. Former Nestor CEO William B. Danzell blasted Nestor's current CEO, Mike James, for lining the pockets of management with camera cash.

----http://www.thenewspaper.com/news/27/2719.asp

PROVIDENCE – A Superior Court judge on Wednesday appointed an interim receiver to take over management of Nestor Traffic Systems and its money-losing parent company, Providence-based Nestor Inc....

Nestor Inc., which is incorporated in Delaware but based in Providence, has been losing money for an extended period, and has seen significant turnover among its board members and top executives in recent months as its financial condition apparently worsened....

“I want to assure our customers they will continue to receive advanced technologies and high quality service during this time,” Michael C. James, Nestor’s interim CEO, said in a statement today.

---http://pbn.com/Receiver-takes-control-of-Nestor-Inc,42702

Fri, Oct 18, 2013 12:00 - Nestor, Inc. (NEST: OTC Pink No Information) - Caveat Emptor Status Change - The symbol, NEST, has been added to the Caveat Emptor classification.

--http://ih.advfn.com/p.php?pid=nmona&article=59669130

Yep, distinguished service indeed. Good job, penny CEO James