Replies to post #138816 on Blum Holdings Inc (BLMH)

[mfdesigner]

Unfortunately, that may not be true.

I was one of the first 10 employee of a company that went thru the IPO process in 2002-2005. In the span of ensuing 10+ years, their share price merely doubled from their offering price. The problem? The CEO believe in company and employee first, shareholder value last. They kept on expanding and acquiring asset overseas and never made significant profit.