Blum Holdings Inc (BLMH)

[Magnum7419]

I have been trying for months to determine ownership of the building at BlumOak and today IMHO I learned the following facts that shareholders should consider, verify and the respond .

As background for years now there has been claims of insider enrichment at the expense of shareholders.

About six month ago I learned that Martin Kaufman was Salwa Ibrahims husband.

I then learned that they were also known as MKSI Investments . One can see the letters match the first and last names. Then in a filing I found that MKSI is the masterlord for BlumOak that receives over 30,000 a month.
Today I learned that that MKSI Investments own the building. It should also be noted that TRTC paid 800,000 of shareholders money to remodel the building recently. On top of that Martin Kaufman owns a Security Company named Core Security that TRTC shareholders now pay over 340,000 a year to protect the building. Plus in the last filing they raised that 340,000 by another 80,000. Plus Martin Kaufman owns a construction company that was paid 1000's of dollars in 2014 and 2015 to work on BlumOak. I have yet to determine who did the work that got paid 800,000.

Shareholders paid 51 million dollars for BlumOak but didnt buy the building owned by the seller?

This is just one issue that made me sell my holdings in TRTC.

https://www.corporationwiki.com/p/2l9ylb/mksi-investments-llc

https://www.sec.gov/Archives/edgar/data/1451512/000147793216009491/trtc_ex1027.htm see paragrah 54

https://www.corporationwiki.com/California/Oakland/martin-kaufman/138474544.aspx

556 W Grand Avenue, Oakland, CA 94612

Summary


Owner & Mortgage


Owner & Mortgage History
Event Sale (Arm's Length)
APN/Parcel ID 008 -0660-009-02
Owner Mksi Investments Llc
Address 320 Lee St #1101, Oakland, CA 94610
Rights Corporation
Sale Price $2,500,000.00
Mortgage Date 3/18/2016
Mortgage Details (at time of loan) $2,400,000 Private Party Lender
Mortgage Deed Type Deed of Trust

All of my statements are just opinions