Blum Holdings Inc (BLMH)

[CannabidiolHead]

Multiple reverses at the discretion of the preferred stock holders on the board that are exempt from the effects of an RS. I was thrilled to have a position in this stock until that little tidbit was divulged. I mean is anyone concerned by this?????? I thought it would crash the stock. So far I stand corrected. I am game to get back in if I am wrong or confused somehow.

Anyone care to comment on how to navigate multiple RS's between now and July 2017? It reads that whenever they deem it necessary they slap a reverse on us....

I quote from the company released sec filing as follows:

To approve an amendment to the Company’s Amended Articles of Incorporation to implement one or more Reverse Stock Splits of the Company’s common stock at an aggregate ratio of not less than one-for-five and not more than one-for-twenty, within the discretion of the Board of Directors, at any time or from time-to-time prior to July 2017

I mean am I missing something????? Holy shiiit does this bother anyone else??? or am I in the twilight zone of investing???