Blum Holdings Inc (BLMH)

[pearjammer]

Are just not understanding business? lol When you approach and soon surpass 1 billion shares OS

And the calculate in the financial numbers..... The price per share is where it should be.

Like Derek said last week.

Unfortunately Dilution/toxic financing is still a tool he uses to finance trying to get these 2 new dispensaries in LA and San Diego market.

He basically said he would reverse split if a merger like canopy growth just completed with big alcohol. He also went on to say that companies like to see consolidation before buying into a company.

Well with almost 1 billion shares at our current revenue/expenses/ ect.... you would have to Reverse Split to meet those needs.

Why keep adding to OS count past 1 billion for pennies? When you can sell 10% of your company for $275 million dollars like Canopy growth just did! Get it now.... thats what Derek wants......

It is smart business and will get him richer far faster than nickel and dime common shareholders for 3 more years.

Derek basic told us there are similar deals on the table once feds loosen up laws. He even went on to compare the numbers between the 2 companies.

Canopy Growth has 171 million outstanding shares compared to trtc 900 million
Both companies bring in around the same revenue. We have a bigger upside

This is clearly where derek is going and should be going... once they do this they will either sell the company or uplist. My guess is sell

The days of hoping the os count is going to stay low and there is going to be a slow grind up to $1 a share are gone.