Replies to post #169772 on Blum Holdings Inc (BLMH)

[yaadmon]

AND???? Insiders sell shares to take care of tax liabilities all the time. Heck we all do....get back to me when/if she sells all 1,574,355 shares

NON-Issue here

[WolfOfGrnStreet]

Thank goodness it wasn't more than 50% because I'd start to wonder. She's like everyone else here...take profit when you can or when you want like with $TRTC many more time to do that ahead of us!

[BrazenBull]

She did not.

[SSCadaver]

I see the 578,000 share sale here:
http://www.otcmarkets.com/edgar/GetFilingHtml?FilingID=11305176

Could you point me to the other sale? I see that she has almost a million shares left of common stock.

Cheers,
SSC

[SSCadaver]

Never mind I read your post wrong.

[baldingcontrarian]

Not to confuse you with the facts,
The form 4 shows common shares left over,

however,

(Sorry, no colors)

She is beneficial owner of 3.5mm preferred B shares, each convertible to over 5 common shares.

That is close to 20mm shares for Amy.

So whether she sold some back not to long ago at .13,
Or this month at .28
Or next year at 1.00

She has 20mm shares long

Any questions?

[Magnum7419]

Security Ownership of Certain Beneficial Owners and Management and Related Stockholder Matters

The following table sets forth certain information as of March 24, 2016 with respect to the holdings of: (1) each person known to us to be the beneficial owner of more than 5% of our Common Stock; (2) each of our directors, nominees for director and executive officers; and (3) all directors and executive officers as a group. To the best of our knowledge, each of the persons named in the table below as beneficially owning the shares set forth therein has sole voting power and sole investment power with respect to such shares, unless otherwise indicated. Unless otherwise specified, the address of each of the persons set forth below is in care of the Company, at the address of: 4700 Von Karman, Suite 110, Newport Beach, California 92660.

In computing the number and percentage of shares beneficially owned by each person, we include any shares of Common Stock that could be acquired within 60 days of March 24, 2016 by the conversion or exercise of shares of Series A Preferred Stock, Series B Preferred Stock, or option awards. These shares, however, are not counted in computing the percentage ownership of any other person.

Name and Address of Beneficial Owner

Title of Class

Amount and
Nature of
Beneficial
Ownership


Percent of
Common
Stock(1)










Derek Peterson

Common Stock


3,476,033 (2)

1.01
%










Amy Almsteier

Common Stock


20,823,269 (3)


5.74 %











Michael A. Nahass

Common Stock


24,870,841 (4)


6.82 %











Kenneth Vande Vrede

Common Stock


10,241,675 (5)


2.90 %











Michael James

Common Stock


5,909,326 (7)


1.69 %











Michael Vande Vrede

Common Stock


10,701,498 (6)


3.03 %











Steven Vande Vrede

Common Stock


10,456,498 (6)


2.96 %













Steven Ross

Common Stock


1,766,667 (8)

*
%











Kenneth P. Krueger

Common Stock


350,000


*
%











All directors and executive officers as a group (9 persons)




88,245,807



21.13 %
____________
*
Represents beneficial ownership of less than one percent of the outstanding shares of our Common Stock.


(1)
As of March 24, 2016, we had a total of 343,803,216 shares of Common Stock issued and outstanding.

In the first quarter of 2016, the Company adopted the 2016 Equity Incentive Plan. The Company granted ten-year options to directors, officers, and employees, pursuant to which such individuals are entitled to exercise options to purchase an aggregate of up to 6.7 million shares of the Company's common stock. The options have an exercise price of $0.09, and vest quarterly over a three-year period.