Blum Holdings Inc (BLMH)

[@LaughinPaulRyan]

... MALIGNANT PATHOLOGICAL PENNY STOCK JOCK ...

Terra Tech Corp. will be EXTREMELY exposed in the coming YEAR OF THE SHEEP by Anson Fund and others who know how to surgically decipher SEC documents tellingly. The red flags are perpetually persistent and the NOVELTY of pot pumps stretched too thinly has been illustrated by the Terra Tech Corp. volume over the last few quarters. In the coming days and weeks NOT months expect to ANSON FUND to be the most trusted source for comprehensive unbiased fact-based due diligence for Terra Tech Corp. marketeers.

That’s something that they made an effort to spin inside the article that we were somehow associated with or affiliated with this criminal activity that had taken place inside that company when it couldn’t be more far from the truth. The truth of the matter is it’s a civil bankruptcy case meaning that the corporate business executives that were running that company did things internally that caused that company to decline and put them out of business. A trustee and a fiduciary had taken over the company at that point and they had gone out to collect everything that they can collect from everybody that was involved in the company in some way shape or form. I was never an employee. I was never an officer. I was an investor and they’re trying to get the shares back from the people who invested in the company from the people who worked for the company. Because the shares that were issued out to the public were issued out inappropriately. They were issued out illegally an Mazzuto which I believe was the CEO went to prison for the activity as well as some other people. The reality is we were named with dozens of other people. They went after Yale University. They went after Taboor Academy. They went after dozens of other people, so they are just trying to get back value from shareholders and that’s their responsibility. The case has been tied up for four years or so and they just ran into an issue where the original fiduciary who filed the bankruptcy just got caught looting the company. So there’s internal turmoil going on right now and it’s really frustrating for us because we want to push this forward so it goes to trial and we feel like there is no merit or basis to it and we feel like we’ll come out victorious, but again it’s a civil suit. We weren’t operators of the company. We weren’t employees of the company. We had no ability to direct or control the decisions that were made inside the company. We were a passive investor.

Understood, so Derek my next question is what about the accusation that was made about insider trading and insider selling and a reduction of their position in the company? Can you address that?

Yeah, well that’s a funny one because I haven’t sold a share of my holdings since I started the company back in early 2010. Umm, my wife during tax time sold i think it was 350,000 shares of stock which amounts to fully diluted with her free shares less than 1% of her total outstanding shares of her total holdings. As what other people are doing I don’t follow that on a day to day basis, but as a management team and as an operating team we are heavily invested in this company and remained heavily invested in this company because we believe in this companies future.