Blum Holdings Inc (BLMH)

[pearjammer]

You forget the 500,000,000 shares diluted after 2016 lol How convenient lol

Year TRTC shares outstanding
2012 76.89 million
2013 99.04 million
2014 174.3 million
2015 240.19 million
2016 389.36 million
As of December 11th 2017 903.17 million

500 million shares diluted in the last 14 months plus we still have toxic finances that are active.

Now we need 40 million dollars? Are they running a circus?

Lets do rough math _> $900 million shares diluted at an average of .26 a share = $240,000,000

Revenue-> Say another $50,000,000

Expenses-

The Nevada dispensaries- Permits, lawyers, accountant, and bribes -lets be generous 1 million dollars
Build out for 4 dispensaries--- Lets be extremely generous and say 5 million for everything.
California - Blum oakland- Who knows the truth to that deal--50 million
California- Permits, lawyers, accountants, build outs- 1 million
NJ grow house - 5 milion
Nevada grow house partners and cali partenrs in grow site-> lets say 4 million
Salaries and benefits- 8 million

Conservative Revenue = $290,000,000
Generous Expenses figure - $ 74,000,000
Difference =$216,000,000

Where did the $216,000,000 go? Thats $216 million dollars vanished?