Blum Holdings Inc (BLMH)

[BidnessMan]

Nine Point Restructuring Plan from the 2nd Quarter conference call transcript.

1. Increasing gross margin to a minimum of 45%.

2. Meaningful EBITDA improvement over the course of the year.

3. Get the company to a $63.3 million run rate sometime in the fourth quarter of 2019.

4. Mitigate and reduce and exit ceasing the access to the capital markets.

5. Streamlining operations and headcounts to mitigate operational burn.

6. Enhancing corporate governance.

7. Better stockholder communication.

8. Launching a branded delivery service.

9. Establishing pop-up retail experiences.

Hit the Social media and ask for an update to the restructuring plan. Email or call the company or tweet or use FB and help DErek deliver on #7 'Better stockholder Communications'

https://seekingalpha.com/article/4283596-terra-tech-corp-trtc-ceo-derek-peterson-q2-2019-results-earnings-call-transcript