Blum Holdings Inc (BLMH)

[Magnum7419]

Articles of Incorporation authorize the issuance of up to 350,000,000 shares of Common Stock and 25,000,000 shares of preferred stock, with a par value of $0.001 per share. As of November 18 , 2014, we had 192,246,031 shares of Common Stock, 100 shares of Series A Preferred Stock and 14,750,000 shares of Series B Preferred Stock outstanding; however, we may issue additional shares of Common Stock or preferred stock in the future in connection with a financing or an acquisition.

They have plenty of shares to pay for the 11 million dollar build out.