Blum Holdings Inc (BLMH)

[Lax1]

You may be correct however, no matter which way I analyze ph@t I can't get my head around the dilution and therefore I cannot see them emerging as a leader in the industry. They make equipment which can be easily replicated and sold by the Chinese at a lower price directly shipped. Call it nearsighted. You may be right and i may be wrong. But dilution like that as a penny stock can easily spell disaster. I don't see franchising as an option and unless they come up with new state of the art, patented equipment I don't know what that $40mm was for or the dilution. Again I can be wrong. I have been wrong plenty of times in my life. Just an opinion. I guess only ph@t shareholders are farsighted because I am yet to find any trtc shareholder that thinks a merger with ph@t is viable.