Blum Holdings Inc (BLMH)

[kevindenver]

The CEO put the R/S on the proxy so it's an option that should not be ignored. In the last 2 years the common share dilution has reached a point where NOW something needs to be done to the capital structure.

One of 2 items must take place soon, an increase of the authorized share count or a R/S. A R/S is sometimes a good thing, however, due to the fact the insider owned preferred shares are immune, a R/S shifts equity from the common to the preferred. The math has been explained, won't rehash it.

Soon either a A/S increase or a R/S will happen in the near future.

I'm a BLUM lover (that sounds quite cheeky), but don't like the "parent" TRTC due to common stock valuation risk as the representative proportion of the pie (equity) will be reduced unless the terms of the preferred shares are amended.

In the meantime, enjoy playing the technical's with trading as the story unfolds.