Blum Holdings Inc (BLMH)

[Lombardi]

Absolutely, the grass is not always green and the sun does not always shine for either of these two.

When I first heard of the increase, it was unsettling. For a stock that is bashed daily with the word "dilution" - to see the door open more for this sort of fear to enter was disconcerting.


So I voted no.


Then I sent some emails to their IR, talked to Kurt, saw what was going on with fitx, considered the opportunities and channels of revenue they plan to draw from and.... Honestly wish I would have voted yes.

Dilution is a great word for fear because most can only consider it as a negative. When you look at their plans for expansion and speak to IR about their performance goals in reference to awarding shares to officers - you get a picture painted with brighter colors.

I've heard claims they've been diluting the whole time. Well look at the pps then. Can we really say that diluting in the interest of company expansion is a bad thing for long term share holders?

Then there are some speculating the vote will be cancelled and the share increase rescinded...

I have personally benefitted from the equipment of this company and so I have bias there. For all they are involved in right now though, it is just extremely hard to deny the potential.