Replies to post #232636 on Blum Holdings Inc (BLMH)

[kevindenver]

Not really, it's more...

After the dust settles on the preferred conversion I expect the O/S to be approximately 825,000,000 then include share dilution from the recent $5,500,000 financing tranche for maybe another 24,000,000 shares = ~900,000,000 shares when that note is converted. Also note the A/S is 990,000,000, so TRTC only has 90,000,000 million more shares left to issue before they must increase the A/S or enact the reverse split option.

From a prior post with some basic fundamental metrics:

TRTC has been trading at over 10X revenues and has been cash flow negative for it's entire history. But things change over time in business.

Today TRTC is trading for 7X revenues and could reach cash flow positive. (I'll believe it when I see it however...)

The math... fully diluted share count after the preferred conversion creating one class of stock is about 825,000,000 shares (Check my math por favor)

825,000,000 * $0.25 = $206 Million market cap (fully diluted and dangerously close to max A/S)

$206,000,000/30,000,000 (Last revenue projection, not adjusted for Nevada adult sales) = 6.8X is thus the current sales multiple.

I don't often use sales/revenue metrics, mainly earnings and cash flow, but this is OTC.

That's the skinny...(Check my math) This is not including new unknowns of the NuLeaf cultivation deal.

[On2_addict]

OVER 800 million fully diluted outstanding shares now. Just read the last 10Q and do the math.