Blum Holdings Inc (BLMH)

[pearjammer]

If you are new to this stock. You should know that "POTENTIAL " is a word that has been floating around for 4 years...and yet the Price per share is struggling to hold .249 per share lol

Now they have maxed out the outstanding shares to 1 billion and have 750 million on the float.

Along side of that this company has never shown profit and continues as of a couple of weeks ago to take on toxic financing for pennies on the dollar.

Where has the > 200 million dollars gone? lol hmmmm 1 billion shares sold is a lot of money

I would say 45 million dollars would be a very very very generous real cost of doing business to this point.....

I know what it cost to do build outs lol

I am getting of topic

DO not invest in this company until it consolidates and cleans up its numbers. Thats when the next level of investors will come out and play...because they understand financial reports.

Noww if u wanna flip the stock for pennies 2 maybe 3 times a year...go for it

Long term this is a cancer until it consolidates...even then they are just resetting the scheme to higher hands