Blum Holdings Inc (BLMH)

[DD8]

AB's comment regarding SA Panda's article:
"I have been aware of convertible note issuance (nothing recent about it!) and believe it has been handled well historically. To assume that it will be disastrous goes against the face of all evidence with the financier and the company's history. The author doesn't appear to have looked back at the history here. The sizes are small relative to the size of the business. I would prefer to see straight equity sales, of course. I have witnessed some incredible blow-ups - MYDX, PZOO, etc. The issue is when there is no fundamental business and it is compounded by having multiple lenders converting at the same time. TRTC has not used multiple lenders. I think this is a yellow flag and not a red flag.

On stock promotion, I have to disagree vehemently. TRTC doesn't engage in stock promotion or at least hasn't in more than three years. Small Cap Voice has provided a legitimate service, in my view - they have hosted conference calls for the company. I witness all sorts of stock promotion on a daily basis, where companies are paying hundreds of thousands of dollars to pump their stock. I have seen absolutely nothing like this here and challenge the author to share an actual stock promotion so that we can judge what he or she finds objectionable.
By the way, an independent director bought 50K shares at $2.15 this morning: archive.fast-edgar.com/..."