Replies to post #228551 on Blum Holdings Inc (BLMH)

[kevindenver]

Wrong, Edible Garden is losing money.

Revs: $917K
Cost of goods: $969K

Gross Loss = ($52K)

SG&A = $659K

Total Loss of operation = ($711K) as of last quarter after all leasehold improvements like the Dutch greenhouse paid for via toxic financing.

Please explain "Killin' it" more like it killed the common stock buyers who paid for equipment on leased land the company could lose as it relies on ONE insider's family biz for all the revenues. Lot's of risk in that arrangement.

http://www.otcmarkets.com/edgar/GetFilingHtml?FilingID=12057396

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[BriarPatch]

more info on cogs

https://www.irs.gov/publications/p334/ch06.html

[SSCadaver]

Terra tech loses money on every EG promotion and sale. They're literally giving away money so they have reasons to continue to operate at a loss.

Why? Because this plays along with their game, "It takes money to make money". They will continue to look like they need more toxic financing when in all reality, Derek and friends are pocketing millions.

FACT.

SSC