Blum Holdings Inc (BLMH)

[grizzlyman69]

I believe the conversion rate was stated at 87% of the lowest share price over a certain time frame,if I recall correctly.So even IF the pps were to drop to a low of $1.50(speculative) x 87% of that = $1.30 per share for a conversion price.40 million $$ divided by 1.30/share = 30,769,230 shares added for dilution of the $40 million over 2 tears.Making the total share count STILL under 100 million,IMO.Feel free to INTELLIGENTLY dispute my calculations,I'm not opposed to becoming better educated.Anyone care to back up,or dispute this?Let me know if I'm right or wrong.Thanks.