Blum Holdings Inc (BLMH)

[BidnessMan]

Terra Tech will prevail - eventually and I will remain invested in the company until the dream is realized.

The DEA will not be a sure thing. After reading a VA study on their web pages, I am not so sure the VA leaders approve MMJ as much as I originally thought. I still believe it will relent but when - I'm not sure. My generation still has a bunch of folks who think MJ is the same as Heroin, smoking anything but American tobacco is subversive, and Medical and MJ will never be used in the same conversation.

The conversation Terra Tech had with Sleek on the face book page was a problem for me. I heard in that exchange that the product flow was not there yet which worries me about the next quarters financials. But it makes sense. A business does not start up and immediately profit. It can take months to years to become profitable. Even the IRS recognizes this and allows a company to declare a loss for I believe it's 3 years, if I remember.

So may be the real upward energy in the stock will happen after the November elections. After a new Supreme court pick. After the profits can be realized fully. Folks here say accumulate on the dips. That may be a good idea if the dip is at the proper level.

Looking at the profits from last year may give you the low and factoring in reasonable profits this year will give you the high. Last years finacials did support a .15 share price.

This quarters numbers may give us the fundamentals to support a share price we can expect for now and forecast forward.

BTW - take a mini vacation from this craziness. It's hot at the beaches!!