Blum Holdings Inc (BLMH)

[Magnum7419]

Imagine if one will, your neighbor has their business for sale and the garage has been turned into a green house. Their business lost 500K last year but that's because it was not for profit so they say. They want 22 million dollars for their business and part of the assets is their name worth 6 million ? Now you already use that name in other stores....
Now its time to negotiate .....and your neighbors wife has been chosen to represent shareholders and she has to deal with her husband over the price. Now two weeks before you sign the deal your neighbor buys the house the business is in and forces you to pay 28,000 a month to rent his house and then he charges you 800,000 to remodel his house and he uses his construction company to remodel it. And for security, you pay him 340,000 a year to make sure your business that lost 500,000 last year is secure. Now you dont have to pay the bill for a year but when you do, some in that household want 2 million dollars in cash......not stock.......

A year and one month after you pay the 2 million in cash and you then give the owners a bonus for losing 2 million last quarter.

My posts are for entertainment purposes only.

Martin Kaufman, husband of Salwa Ibrahim


has a another business venture

named MKSI Investments and is listed as the Master Landlord of BlumOak.

See page 17 Paragraph 54.

https://www.sec.gov/Archives/edgar/data/1451512/000147793216009491/trtc_ex1027.htm


Martin Kaufman also runs a construction company named SK builders:

During the years ending December 31, 2015 and 2014, we purchased building and construction services totaling $1,470 and $4,750, respectively from SK Builders, Inc., a California professional corporation, which is controlled by Martin Kaufman,

see page 15 http://www.otcmarkets.com/edgar/GetFilingHtml?FilingID=11432288



Martin Kaufman also runs a Security Company , Core SEcurity Solutions

During the years ending December 31, 2015 and 2014, we purchased monthly security guard services from Core Security Solutions, Inc., a California corporation, which is controlled by Martin Kaufman, Director of Security of the Company. Such amounts were $301,986 and $351,763, repsectively. Any amounts owed at December 31, 2015 and 2014, were immaterial and are part of our normal course of business. See page 15

http://www.otcmarkets.com/edgar/GetFilingHtml?FilingID=11432288



Martin Kaufman received shares at the close of the Merger.

On March 31, 2016, in connection with documentation required for the closing of the Merger, the Company determined that it had not issued the exercised or earned shares as noted above. As a result, the Company certificated 29,772.74 shares of the Company's common stock as follows: i) 19,886.37 shares to the equity holders of Boss, which shares represented a 50% ownership interest in the Company immediately prior to the closing of the Merger; ii) 3,522.73 shares to Derek Peterson, and iii) 6,363.64 shares to Martin Kaufman. Consequently, immediately prior to the closing of the Merger, the number of issued and outstanding shares of the Company's common stock was 39,772.74.
See page 13 http://www.otcmarkets.com/edgar/GetFilingHtml?FilingID=11432288


"The Company is a party to the following transactions with Martin Kaufman and Salwa Ibrahim, each of whom
beneficially owns more than 5% of our outstanding Common Stock. An entity owned 100% by Mr. Kaufman and Mr.
Ibrahim owns the property where the Company’s Blum Oakland facility is located. That entity leases the property to
an unaffiliated third party for $16,000 per month. The Company subleases the property from the third party for
$28,840 per month. The Company pays $24,000 per month in rent for the property where its Oakland, California
cultivation facility is located to an entity owned 50% by Mr. Kaufman and Ms. Ibrahim . The Company pays
$24,000 per month in rent for the property where its San Leandro, California dispensary and production facility is
located to an entity owned 50% by Mr. Kaufman and Ms. Ibrahim. The Company pays approximately $35,000 per
month to an entity owned 50% by Mr. Kaufman to provide security at the property where its Blum Oakland facility
is located. During the twelve months ended December 31, 2016, the Company purchased $76,638 in products from
an entity owned 9% by Mr. Kaufman"
http://www.westcoaststocktransfer.com/wp-content/uploads//2017/08/trtc-webmat02.pdf page 9

NO ONE should buy or sell any stocks I mention
My thoughts are humble opinions IMHO