Blum Holdings Inc (BLMH)

[pearjammer]

Briar the reason why the pps is a pathetic .32 is because of the 1 billion shares outstanding and toxic financing still out there. Now with only 88 million shares to dilute or toxic finance left to play with. They
are forced to consolidate the share count, unless they somehow received federal banking.

I think if they do a modest reverse split of 5 to 1 that combined with higher revenue and less debt

The pps will finally break and hold a >$1 pps I personally think it would settle at >$12 pps after a few months.

I liked that derek was mentioned getting a permit ( not buying/over paying) for a LA dispensary and that he has his eyes on bargain mom and pop dispensaries that will not be able to afford complying to new government regulations. So i really like the plan of getting space in LA, and San fran.

Also i like what his plan is for NJ. I like the idea of looking for dispensaries right across the bridge to easily pull in New York customers as well.

SO with all this news coming down the pipeline....reverse splitting and lowering that share count decreasing that debt , and increasing the revenue.....

The combination would put the pps to the moon. With all the variables mentioned.

The PPS would move in dollars not cents moving forward. It would be the one scenario where a reverse split would work in a positive way for all shareholders. I personally would be angry if they did a reverse split > than 10 to 1 ratio.