Blum Holdings Inc (BLMH)

[Magnum7419]

Thanks , are you referring to :

Issuance of Common Stock for Debt and Interest Expense

$ 17,180,837 page five ?

or



Long-Term Debt, Net of Discounts



$ 13,232,818 in debt on page 11 ?

or the first of eight tranches equaling more debt of 40 million on page 12

2018 Master Securities Purchase and Convertible Promissory Notes Agreement



In March 2018, the Company entered into a Securities Purchase Agreement with an accredited investor pursuant to which the Company sells to the accredited investor Senior Convertible Promissory Notes. During the period ended March 31, 2018, the Company issued one 7.5% convertible note for an aggregate value of $5,000,000. As of March 31, 2018, $5,000,000 gross of the unamortized debt discount of $3,344,050
2017 Master Securities Purchase and Convertible Promissory Notes Agreement

or the 20 million on page 13

The Company has a Securities Purchase Agreement with an accredited investor pursuant to which the Company sells to the accredited investor Senior Convertible Promissory Notes. During the year ended December 31, 2017, the Company issued five 12% convertible notes for an aggregate value of $20,000,000 due at various dates through June 2019.