Blum Holdings Inc (BLMH)

[coinsguy]

I am simply dumbfounded how any legitimate shareholder can see the enormous spread of IVXX to over 100 dispensaries in CA, the astounding growth of Edible Goods in the NE, the acquisition of 8 licenses in NV, the unqualified profit potential coming up in CA and NV when they go for-profit, the signed agreement with Burke for the buildouts in NV and the myriad number of things going on with TRTC and then call this company a scam? It defies logic, reason and rational.

No, I am not happy with the current PPS, of course not, but I certainly don't think the company is a scam. Based on what I see the pps should be far higher than it currently is so my only logical conclusion is that it is being held down by one or more sources; flippers, shorters, competitors, or financing via Magna for those buildouts. In no case is any of those scammers. We don't like to see flippers or shorters causing the pps to stay low and it may well make us angry that it is so low but they are legitimate methods of trading stocks. Even if it were competitors forcing the pps down it is still via legitimate trades although one might be able to claim conspiracy to harm or some such. If I had one guess, I would guess the cause was from Magna dumping shares it obtained from the financing deal. The nice thing about that is that it will pass soon enough and then there will be nothing to hold the pps back from soaring to its rightful levels.