Blum Holdings Inc (BLMH)

[MonestHind]

This post perfectly mirrors the sentiment held by all those who have followed this story and ARE NOT trapped with expensive shares:

what evidence? they started up a store? a facebook page? bought BLUM?
I'm sure that money to "buy out" BLUM came from shareholder investment. Whatever.. of course they are really good at making it look like they are doing everything they promised, but what do they have to show for it now? are they making money? maybe May 13th will show they are. Can we believe that? people are paying cash to buy their dope there, so. what? maybe that's why the company cant manage to show a profit because everyone is going home from work with pockets full of cash??

simple fact.... creating a plethora of new shares out of thin air and offering them to new investors. that's where Derek Peterson is going to make his fortune. That couple of hundred grand/ year he might make -----> (Not gross sales ---- profits) is a paltry sum compared to the PURE profits of creating 75000000 new shares and collecting $.47 for each on that is bought up.

My stance at this point is "I think I'll pass". If i see some sort of actual proof that this guy isn't just out there scamming shareholders (like he did in the past) then I might be able to start believing in this company again but so far it seems to me like there is way more out there about Derek being a crook rather than a standup guy......