Replies to post #176877 on Blum Holdings Inc (BLMH)

[Neesh]

How is 30% a small percentage?

And it's only not news in the sense that everyone already expects these guys to dump their shares at the worst possible time and are accustomed to it.

That's a pretty nice compensation for a start-up that has a huge deficit. You think they've earned that kind of scratch? I don't think so.

[mary777]

It's like this. Insiders sell a small percentage of their shares and use that money to invest in the company. Said investment brings revenue, thus upping the share price to a greater percentage of those shares that were sold.

An insider has 1,000,000 shares, and sells 100,000 to create a new revenue stream.

9,000,000 shares remain but new revenue stream increases share price 15%.

10% of shares sold, remaining shares worth 15% more now.

It's called investing in the future. I am perfectly OK with insiders selling shares to enable TRTC's growth.