Blum Holdings Inc (BLMH)

[TheCreepyCracker]

Agree ! Philip Carlson interview with DP.

Okay. Does Terra Tech management have a goal to be cash flow positive in markets that become more establish like Nevada, if so when?

Derek Peterson

That’s a huge focus. Growing top-line revenue significant focus, gross margin expansion significant focus and then the third significant focus is when we bring in these acquisitions or redevelop these companies organically, once we hit some revenue run rate, we really then go in and start to tweak efficiency.

So step number one grab market share. Step number two start to lien out operations and show improved gross margins, start to focus on being EBITDA positive and cash flow positive at the subsidiary level.

So in a perfect world, once we bring these companies in or once we grow these companies to get them running into operating efficiencies, like I said we then go in and try to lien out the operations to extract as much cash flow. The more cash flow we can pull out means the less capital we have to raise over the marketplace, which means less shares we have to issue, which means less delusional growth.