Replies to post #165790 on Blum Holdings Inc (BLMH)

[djmurdock]

Exactly. They will probably time it with uplisting. Not to mention the shares they receive will be held in escrow and will probably be restricted so they won't be flooding the market at once. And IMO I think the ultimate goal/plan is that the Blum owners know that TRTC might be worth $5, $10, $50 who knows in the years to come and thus will be holding long term with us.

IMHO good luck.....Dollarland in 2016 easily.

$$$$$$$$$$$

[coinsguy]

"The purchase price of Blum Oakland is 1.5 times forward-looking revenue for the 12 months following the closing of the merger. To protect stockholders, 80% of the equity will be held in escrow subject to performance adjustments at the end of the 12-month term."

The way I read this is that TRTC will pay Blum stockholders 1.5 times the forward looking 12 month revenue, which is estimated to be $21 million. The key part of that statement is "following the closing of the merger". If at the time of closing the TRTC share price is 50 cents per share then the Blum stockholders would get $21,000,000/.50 = 42,000,000 shares. If the share price was 10 cents per share then they would get $21,000,000/.10 = 210,000,000 shares. The exact number of shares will depend on the TRTC pps at closing and then the actual 12 month revenue of Blum.

The current ramping up in TRTC share price is actually in TRTC's favor, considerably so. The higher it goes, the less stock it will cost TRTC.