Replies to post #233244 on Blum Holdings Inc (BLMH)

[Money $hot]

Your reasoning is Fundamental Flawed IMO.

So then why do I want TRTC to perform a R/S?
Because lots of people in the Naz/NYSE world who wouldn't touch TRTC at $.25 with its current share structure would be bigtime buyers of the exact same unprofitable $200M market cap stock if it were trading at $10 with 20M shares outstanding

Once again, you like others omit the bloody truth. The Proxy Vote regarding a Reverse Split is not based on an uplisting. If it is, then where is it written? Where?

A Penny World Reverse Split will trigger an Apocalypse Now share price. No matter how many folks post otherwise, there is zero proof an uplisting is in the foreseeable future.

GROUND ZERO

/////AMG

[I-Glow]

This is a completely misguided analysis of a reverse split.

First, if there were a uplisting to Nasdaq due to one part being a reverse split - Peterson and the other insiders would no longer control the vote and would be held accountable for the uncontrolled spending.

The COGS would no longer be 95% of the Revenue and the SGA would also no longer be 95% of the Revenue - if it were to continue Peterson would be out much like Travis Kalanick was ousted at Uber with a shareholder revolt.

I don't think Peterson will ever attempt to Uplist to a exchange - his enrichment works much better on the less sophisticated investors of penny stocks.

No more gifting themselves bonuses with stock.

Also, uplisting to Nasdaq would be extremely difficult as they frown on companies that have used toxic financing in the past.

If there were a reverse split and the price is $8 - no one is going to be foolish enough to invest in TRTC as they know the history of the shell and the insiders enrichment scheme - and Nasdaq investors are by nature more conservative than the OTCM investors and be a victim of the Stockholm Syndrome.

When 2 of the Officers have filed for personal bankruptcy that is a huge red flag for serious investors - if the can't control their personal spending - they won't be good stewards of public money.

A reverse split would be devastating for investors.

IG