Blum Holdings Inc (BLMH)

[Art Vandeley]

Why even hold a shareholders meeting and vote when the common shareholders no say in the outcome.




Series B Preferred Stock : For vote tabulation purposes at the Annual Meeting, each share of Series B Preferred Stock is entitled to 100 votes for each share of Common Stock into which a share of Series B Preferred Stock is convertible. Accordingly, each share of Series B Preferred Stock is entitled to approximately 538 votes at the Annual Meeting. Collectively, the holders of Series B Preferred Stock are entitled to 13,363,196,021 votes at the Annual Meeting.

Series N Preferred Stock : For vote tabulation purposes at the Annual Meeting, each share of Series N Preferred Stock is entitled to one vote for each share of Common Stock into which a share of Series N Preferred Stock is convertible. Accordingly, each share of Series N Preferred Stock is entitled to 2,500,000 votes at the Annual Meeting. Collectively, the one holder of Series N Preferred Stock is entitled to 2,500,000 votes at the Annual Meeting.

Series Q Preferred Stock : For vote tabulation purposes at the Annual Meeting, each share of Series Q Preferred Stock is entitled to one vote for each share of Common Stock into which a share of Series Q Preferred Stock is convertible. Accordingly, each share of Series Q Preferred Stock is entitled to 5,000 votes at the Annual Meeting. Collectively, the holders of Series Q Preferred Stock are entitled to 106,890,000 votes at the Annual Meeting.

Series Z Preferred Stock : For vote tabulation purposes at the Annual Meeting, each share of Series Z Preferred Stock is entitled to 100 votes for each share of Common Stock into which a share of Series Z Preferred Stock is convertible. Accordingly, each share of Series Z Preferred Stock is entitled to approximately 999,870 votes at the Annual Meeting. Collectively, the holders of Series Z Preferred Stock are entitled to 8,164,932,314 votes at the Annual Meeting.



Common Stock : For vote tabulation purposes at the Annual Meeting, each share of Common Stock is entitled to one vote at the Annual Meeting. Collectively, the holders of Common Stock are entitled to 349,981,822 votes at the Annual Meeting.

over 21 billion votes for preferred shares v 350 million for common

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