Replies to post #148136 on Blum Holdings Inc (BLMH)

[kevindenver]

Ever heard of venture capital... many run in the red at the start-up phase often for a few years and are financed via equity offerings or straight debt. Pure biotechs are a great example of possible money pits that can trade on thin air or "hot air", not a company like TRTC which has EG as a future positive cash flow division and also provides the needed net capital requirements for any uplisting in the future.

IMO, I would be an even MORE aggressive CEO than DP and raise the A/S for accretive acquisitions. DP is a "stock jock" used to PIPE financing and knows the ropes very well, his past "STOCK JOCK" experience in mezzanine capital is actually an asset.

Company like TRTC needs to learn how to tighten their belt during lean time. After nearly 50 millions accumulated deficit and declining PPS for over a year, they are still relying on shareholders money to survive? That is just ridiculous and totally unacceptable.