Blum Holdings Inc (BLMH)

[JimofRidge]

This has already been forwarded to management and will be a part of the due diligence. For me the auditors Adverse Opinion says it all about the total lack of management controls. This unfortunately has allowed unchecked spending and growth at a time when the opportunity is still at least 6-12 months away from fruition. The financial #s are really what will be a determining factor in whether this merger goes thru. The personal stuff is difficult to say it has a bearing on their decision. It would make a difference to me but I'm just a shareholder and I would not vote yes on this merger.