Blum Holdings Inc (BLMH)

[pearjammer]

The Hawkins inc buyout rumor-> Now it makes sens as to why the pps has been kept so low .20

They can dilute ..keep the cash, and then sell the company for an attractive price for the buyer.

Most of the time, 1 of 2 things will happen:

1-Your shares are bought out and converted to cash

2-Your shares are converted into shares of the acquiring company ( which would never happen)

Either way, it’s usually a good thing for you financially. Companies will usually pay over market value for mergers and acquisitions, so you’ll make some quick gains.

Still sucks for me...what is over the market value for us? .28 pps lol