Replies to post #229409 on Blum Holdings Inc (BLMH)

[La_Cometa]

I won't claim to be an expert on EDGAR filings and please someone expand but from what I read, it looks like this filing is in preparation of a RS sometime within the next 90 days. I for one (along with others I've read) am a proponent to get far away from the penny flippers that have plagued us for years. RS's are usually scary bc it usually means the company is reloading for yet another round of massive dilution to pay themselves and so nothing to advance the company. TRTC has obviously not had this agenda as they used their dilution as a means of expansion and will soon, if not already no longer need to do that. Regarding the amendment, I read it as the preferred shares will be split at a PROPORTIONAL rate as that of the common shares. It does not state that preferred shares are to be increased prior to the split, nor does it state that those shares are immune. This is all obviously imo, and I have mostly been a lurker the past few years but I'm no stranger to this stock. This is all good news if you asked me.

[ap17]

The RS will happen IF and ONLY IF necessary. They will split into strength.

I had another stock go 1 for 12 and it was near .20 pre split. Now I'm left with 5000 shares selling @ 4.50 per share.

Just waiting on an offshore mining approval in Mex. and this one goes to the moon. There's a share purchase agreement in place which provides a sale price of $12.00 a share. We think this goes' to 50+ if approval comes.

Right now the OS count is around 7 MM.

[otclife]

given a 10% green day I'd think most people view the 8-K as positive. I know I did.