Blum Holdings Inc (BLMH)

[BidnessMan]

Honestly if you look at the three numbers: Annual revenues, market Cap and Enterprise value you get a sense of if the company is in financial straits. TRTC is not. It's problem is related to the number of share owners, volume and the unexpected long trek to legalization.


In a nutshell The quandary is:

If share ownership does not increase TRTC will most likely not be able to make progress in margins or revenues. Of course there are things in the Continuous Improvement arena that do not cost money but many of the improvements to margins and revenues involve building out and improving current assets.

If TRTC does not make increases in margins and revenues then share ownership will likely stagnate or decrease.

If TRTC succeeds and increases margins and revenues by the 4th quarter then the share holder stand to win.

If they do not the shorts will win.

That's the ball game. I'd guess it's the 7th inning stretch while we wait for the 4th quarter.

Legalization will change the game.