Replies to post #218505 on Blum Holdings Inc (BLMH)

[pearjammer]

Why are you so happy? say you have 10,000 shares at .20 PPS.... Say they then keep diluting the PPS

and collecting the free money....trust me if the PPS didn't go up last year after all they did, then it is not going up and staying up until they show bigger investors they are ready to fly straight and stop the dilution.

The 1 way they do that and hit reset is with a reverse split...period.

So your 10,000 shares gets hit with a 10 to 1 RS leaving you with 1000 shares at maybe $2 PPS
Usually the PPS settles low after a RS. SO maybe $1.55.

Where as if they just ran a honest company, and stopped all the tricks and shady deals, and hiding expenses paid back to themselves through companies they own...its endless what they try to do..lol

So if they stopped the dilution and ran the company off the money being made now, and slowed down a bit... your 10,000 shares would hit say $1.50 pps.

It is a big difference in payout. Especially if yo own a lot of shares.

Its the difference between taking a small vacation or buying a new house.

Reverse splits suck, and PLEASE STOP COMPARING THIS POS COMPANY TO AMAZON ALREADY ...MY GOD

[ap17]

Yes indeed, I have most of my position @ .27.