Blum Holdings Inc (BLMH)

[JimofRidge]

Great spin on the latest asset sale only talks about what they paid for this failed investment and the sale price. The narrative is that management is able to even make a bad investment a homerun. Nothing else matters. How about the years the investment lost money. How about all the acquisition costs: Attorney fees build out fees property taxes and a multitude of other fees. This investment was on Shareholder money not from income generated from operations. What about the costs to dispose of the failed investment? What about the lost opportunity that a better investment could have provided. Its always a spin on good management in action. They are so good the auditors issued an Adverse Opinion regarding this management's dismal lack of financial controls. Now that the talk of a merger is dragging down the SP of our company combined with the decline in the SP of TRTC the whole deal really starts to stink. Only propping up the TRTC stock can the price not free fall at this point. 3rd Qt 10Q would scare away any smart potential investor.