Blum Holdings Inc (BLMH)

[pearjammer]

Kevin... I agree with most of what you are saying. But i think now that Derek has 4 cash cows and grow facility that will be feeding them full time about to open.

I think they have the funds now to stop the dilution and toxic financing, especially since a RS will effect the preferred shares at the same rate as common shares.

With > $50 million dollars in revenue coming in next year along with decreased expenses
And >15 million in cash on hand. Things never looked better for trtc.

Add on to that bank regulations opening up within the next 12 months.

I think they can survive that long without heavy dilution and toxic financing.

But who knows.... how many preferred shares they own? I can't get a clear number.

If they end up with 10 million preferred shares each after a 1 to5 RS at a new post RS rate $4

Thats a quick $40 million dollars

Or

They can keep the share count at the present number and reinvest in themselves with the incoming revenue. Then slowly grind up to that $4 PPS

It depends if they are in it for the long haul, or if they just want to uplist and sell the company.