Blum Holdings Inc (BLMH)

[Ilbedem]

some fluff some real

So Michael James the CFO who was compensated at a rate of 83,000 dollars a month to do the books for TRTC was fair and reasonable ?
Gotta do DD..so don't know

I wonder who are some of the wholesale suppliers for Blum Oak ?
Look at weedmaps and leafly they say who grows/makes the stuff..it's the real deal and soon to be more ivxx I would think

"During the twelve months ended December 31, 2016, the Company purchased $76,638 in products from an entity owned 9% by Mr. Kaufman"."
No big deal..9% of gross sale is $6897.42 what do you think his profit was ..10%, 20%..$689 or $1378.. this was 2 years ago

Who owns the Security company that protects BlumOak at a cost of 35,000 a MONTH ?
Gotta do DD..so don't know($35k is alot)

"The Company pays approximately $35,000 per month to an entity owned 50% by Mr. Kaufman to provide security at the property where its Blum Oakland facility is located. "
repeat...you said that above

Shareholders have been paying 24,000 a month since last January for the proposed San Leandro retail store that is still not open.
Not uncommon..a time line would be.. found location, leased it, got permits, did build out/TI, open for business in one year..not bad! Really 1 year turn time is good!

Who are the landlords?
does it matter

"The Company pays $24,000 per month in rent for the property where its San Leandro, California dispensary and production facility is located to an entity owned 50% by Mr. Kaufman and Ms. Ibrahim"
repeat..you said that above

Shareholders paid 22 million for BlumOak and yet they still pay rent to insiders?
bought the business not the property (what is blum oak gross revenue? was this a good or bad deal?)

"An entity owned 100% by Mr. Kaufman and Mr. Ibrahim owns the property where the Company’s Blum Oakland facility is located"
repeat... they bought the business not the property


" Martin Kaufman and Salwa Ibrahim, each of whom beneficially owns more than 5% of our outstanding Common Stock." How come they are not required to file a 4 form showing their "B" shares becoming common ?
Do not know if you are correct about this one
Looks like TRTC has cleaned up its act and is very transparent in its transactions as they are growing and working toward a higher level. I would think they keep SEC filings correct and current

the cpa's told me "you can rape, pillage and plunder your own company" and then the attorney said "if you are trying to go big time clean up and be transparent"

mags...I do respect your posts