Blum Holdings Inc (BLMH)

[NateD3]

Admittedly I'm no genius with reading the filings, but I'm assuming you're referring to these excerpts being cause for concern:

"Our independent registered public accounting firm's report for the years ended December 31, 2014 and December 31, 2015 is qualified as to our ability to continue as a going concern."

"Recurring losses from operations raise substantial doubt about our ability to continue as a going concern."

"We have incurred significant losses in prior periods. For the year ended December 31, 2015, we incurred a net loss of $9,225,580 and, as of that date, we had an accumulated deficit of $45,952,109. For the year ended December 31, 2014, we incurred a net loss of $21,889,212 and, as of that date, we had an accumulated deficit of $36,726,529. Any losses in the future could cause the quoted price of our Common Stock to decline or have a material adverse effect on our financial condition, our ability to pay our debts as they become due, and on our cash flow."

I am no basher, though this might get me labeled as such. I made money on TRTC, PHOT, and GRNH in the boom three years ago, and I watched these boards closely. Now, I'm looking for a solid long term investment and these statements are adequate cause for concern.