Replies to post #76680 on Blum Holdings Inc (BLMH)

[Mandofellow]

Thank you for interesting perspective.
From Latest (June 30 2014) 10-Q
Total Assets $ 8,874,156
Total Current Liabilities 7,149,365
Total Stockholders' Equity 1,724,791
Total Revenues $ 3,711,801 $ 665,365 $ 4,272,120 $ 731,486
Cost of Goods Sold 3,811,438 659,570 4,369,667 727,575
(99,637 ) 5,795 (97,547 ) 3,911
Selling, general and administrative expenses 3,892,077 881,642 6,095,882 1,627,175
Loss from operations (3,991,714 ) (875,847 ) (6,193,429 ) (1,623,264
Net Loss applicable to common shareholders $ (4,555,077 )

How do we justify 100 million market cap given these small numbers and increasing competition going forward. Wonder what happens
if Initiative 71 passes...




What
Net Loss applicable to common shareholders $ (4,555,077