Blum Holdings Inc (BLMH)

[Demar]

Not necessarily, we won't know for sure until they file. Anytime I invest in a company, I'm investing in management. In saying that, Terra Tech's board of directors has over 50 years of financial services experience (Wachovia, Morgan Stanley, MTN Capital Partners, Moore Capital Management, NMS capital group, and Arque Capital. Ltd), so I'm sure they know what their doing. Like a few other people on this board have stated, you need capital to create capital, and it's hard for start up companies in the MJ space to get access to traditional funding. I could see if they were selling shares and not producing, but that isn't the case. I mean it only took them a few months to build out a new high tech, 5 acre green house; capable of producing up to $10 million in annual sales at full capacity*.




*(The facility, at maximum production, can produce up to 25,000 plants per week, per acre, operating 52 weeks a year at an average sale price of $1.55 per plant. The Company believes that at full production, the facility is capable of producing up to $10 million in annual sales.)

*From page 6 of must recent (2014/01/21) S-1 amendment
http://www.sec.gov/Archives/edgar/data/1451512/000147793214000286/trtc_s1a.htm