Replies to post #80209 on Blum Holdings Inc (BLMH)

[T-Dawg]

Great post! Thanks for sharing :)

[Dickybad]

Thank you abone for the valuable DD on TRTC. Yes, your story is corroborated by the details in the S-1/A. There are several people here who are just trying to spin the facts negatively, to make new investors think there is some kind of dilution of shares when in reality there is not. Additionally there has only been 1% of all shares sold by insiders.

More important in my mind is the authorized cap is 350,000,000 shares, and it has not been raised. There are still 25 million available. Along with more than 5 million in cash, plus all of the new revenue generated by Edible Gardens in more than 1100 retail outlets.

[Tradescott818]

Wow we need more posts like this. God bless your soul

[mrcarnita]

Best post I've seen in ages. Thanks and well done.

[pittski]

This needs to be stickied. Great post and DD, thanks!

HAIL!

TRTC$

[AlexSwiss]

This TRTC investor relation information is GREAT!!
Thanks NO DILUTION!!

[sfe306]

OK

[mgrove77]

mods- .. if you could, Sticky this since the info came from TRTC and the topic keeps coming up

[sfe306]

The info came from you. Read the filings, every word. They say nothing close to this if you read the entire filing.

[maxxm]

TRTC also has a cultivation and a production permit in Clark County NV
TRTC secured two MJ permits out of Nevada the commissioners decided to give TRTC a cultivation and a production permit. The whole community was in support of TRTC.
Here is the actual video of commissioners

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Terra Tech Subsidiary MediFarm Receives Unanimous Approval by the City of Las Vegas Planning Commission
http://finance.yahoo.com/news/terra-tech-subsidiary-medifarm-receives-132000562.html


WOW not one vote against TRTC getting approval, it was 100% for TRTC

TRTC has a cultivation, production and dispensary permit in Clark County NV where las Vegas is.All politics are local in NV and getting permits from CC NV and LV NV is 3/4 of battle won. You can not operate a MJ business if the locals do not allow you a permit


Party city Las Vegas here comes Terra Tech TRTC
Nevada license bigger than any other state its the grand prize
You have 39 million visitors who are coming to party and have fun in Nevada. http://www.lvcva.com/stats-and-facts/ ; ;
NV dispensaries will be very busy moving MJ in large amounts bought from NV cultivators and producers of munchies. TRTC's hydroponics greenhouse, expertise in agriculture got attention of NV officials. TRTC green house will use very little energy and less water. MJ will be grown through hydroponics supported by perlite,rockwool, or vermiculite.
http://www.marijuanaseedbanks.com/hydroponic_marijuana_setup.html ; ;

HOW MANY VISITORS COME TO LAS VEGAS?
Last year was 39,668,221.
HOW MANY CONVENTION DELEGATES VISIT?
2013 saw 5,107,416 attendees.
HOW MANY CONVENTIONS ARE HELD PER YEAR?
22,027 were held last year.
WHAT IS CLARK COUNTY'S GAMING REVENUE?
In 2013 it was $9.7 Billion.
WHAT IS LAS VEGAS STRIP'S GAMING REVENUE?
Last year was $6.5 Billion.

Nevada accepts other states MMJ registry ID cards
http://medicalmarijuana.procon.org/view.resource.php?resourceID=000881 ; ;

Great news for TRTC. Gaming-board-bans-casino-licensees from MJ trade
http://weedtv.com/gaming-board-bans-casino-licensees-from-medical-marijuana-trade/finance/ ; ;

http://www.reviewjournal.com/business/publicly-traded-terra-tech-looks-snag-medical-marijuana-license
Based on 35000sqft of MJ cultivation facility and production
The proposed facility is approximately 35,000 Sq ft and will contain both cultivation and production at the same location. The team is working towards completing their state application while at the same time working aggressively towards submitting an application to the City of Las Vegas to operate a medical Cannabis dispensary. The company intends to give further updates about their efforts throughout Nevada as they progress through the process, reach certain milestones and enter new applications.
Peterson envisions a 30,000 square-feet to 50,000 square-feet cultivation plant, for which the company budgeted $3 million. A production facility could cost about $1 million, he said, while a retail store could cost between $500,000 and $700,0000, plus another $100,000 for security.
The company picked out real estate for a dispensary near Desert Inn Road and Decatur Boulevard, in order to be close to the local population and a short distance from the Strip and downtown Las Vegas.
Here’s how Peterson breaks down the figures: a 50,000 square foot cultivation facility, with a staggered growth schedule, could produce 50 to 75 pounds of marijuana a week.
In other markets where marijuana is legal, the plant sells for $2,500 to $3,000 per pound at wholesale. That’s upward of $225,000 per week for a cultivation facility.
http://www.reviewjournal.com/business/publicly-traded-terra-tech-looks-snag-medical-marijuana-license ; ; ;
http://finance.yahoo.com/news/terra-tech-subsidiary-medifarm-llc-200100592.html ; ; ;
http://www.reviewjournal.com/business/publicly-traded-terra-tech-looks-snag-medical-marijuana-license

All about Edible gardens
http://eatherbs.com/?page_id=78
Edible Garden is a wholly owned subsidiary of Terra Tech Corp OTC:TRTC and operated by the VandeVrede family, who has a rich history of Dutch Farming.
http:ediblegarden.com
https://www.facebook.com/ediblefarms
TRTC has 5 grow farms in 3 state including the 5 acre facility in belvidere NJ
http://www.ediblegarden.com/local-farmers/

Edible Garden produce carried at mega super stores

Edible Garden's Brand of Locally Grown Produce Is Now Available at Walmart and Stew Leonard's
http://finance.yahoo.com/news/edible-gardens-brand-locally-grown-130000960.html
Edible Garden Announces New Retailers Carrying Their Brand of Locally Grown Produce
http://finance.yahoo.com/news/edible-garden-announces-retailers-carrying-190104699.html
Edible Garden(tm) Now Available at Kroger
http://finance.yahoo.com/news/edible-garden-tm-now-available-114500133.html
Edible Garden(tm) Now Available at A&P Throughout the Northeast
http://finance.yahoo.com/news/edible-garden-tm-now-available-145627374.html

TRTC Videos
Inside 5 acre facility in NJ

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[MonestHind]

LOL Please tell us that IR didn't ACTUALLY say all those things!

This company is such a joke.

Such.

A.

Joke.

(I really and truly hope, for the sake of every shareholder, that all the content in that post did not actually come from IR.)

[I-Glow]

It seems the IR person you spoke with gave you some information that isn't accurate.

There is a floor for conversion @ 0.30. Since there is a floor, this is not “toxic” financing.

That isn't what the documents filed says.

If on the 180th day following February 7, 2014, the closing bid price for the company’s common share is below $0.30 per share, the conversion price will automatically adjust to 70% of the lowest VWAP in the 15 trading days prior to the 180th day following February 7, 2014.

hardly a floor.

Then let's take a closer look at the financing.

On February 6, 2014, the company has received $800,000, which has a principal amount of $842,105.26 and issued 1,369,277 warrant shares in its first tranche.

So Dominion was paying $0.58 per share on 02/06/2014 - at that time the PPS closed at $0.60.

Later in the document we find:

The second tranche will be for $800,000, which will have a principal amount of $842,105.26, and 1,369,277 warrant shares along with each additional nine tranches for $550,000, with a principal amount of $578,947.36 and issuance of 941,378 warrant shares.

And we also find:

Beginning August 5, 2014, and continuing on each of the following 11 successive months thereafter, the company is obligated to pay 1/12th of the face amount of the notes and accrued interest. As long as the company is not in default under any note, each tranche will be closed on every 30th day following the previous closing date.

So TRTC wants everyone to believe that Dominion is going to continue funding at $0.58 per share when the PPS is about 1/2 of that at this time. That is complete nonsense.

Beginning August 5, 2014 TRTC has to start repaying the loan. That would be a total of $3,800,000 (excluding interest) so 1/12 of that would be a payment of $316,667 due on August 5.

Then on September 5, 2014 there is another payment due of $362,500 again I am excluding interest.

So in the 10-Q those payments should show up unless they are in default.

What we have is Dominion loaning TRTC $6,550,000 and receiving repayment of the loan plus interest - and then additionally receiving 11,210,956 shares of TRTC stock.

So, on a loan of $6,550,000 Dominion Capital receives (at today's price) = $3,026,958 + $6,894,737 for a Total of $9,921,695! - That doesn't include the the additional shares Dominion will receive because of the depress PPS.

IG

That is a pretty significant return on their investment.

[joshfitz16]

Excellent post. Go straight to the source rather than listen to incessant posts with a clear negative agenda

[allson]

I believe if that came from company IR, you may ask him/her to read the SEC filings again.