Replies to post #234540 on Blum Holdings Inc (BLMH)

[Magnum7419]

So Michael James the CFO who was compensated at a rate of 83,000 dollars a month to do the books for TRTC was fair and reasonable ?

I wonder who are some of the wholesale suppliers for Blum Oak ?

"During the twelve months ended December 31, 2016, the Company purchased $76,638 in products from an entity owned 9% by Mr. Kaufman"."

Who owns the Security company that protects BlumOak at a cost of 35,000 a MONTH ?

"The Company pays approximately $35,000 per month to an entity owned 50% by Mr. Kaufman to provide security at the property where its Blum Oakland facility is located. "

Shareholders have been paying 24,000 a month since last January for the proposed San Leandro retail store that is still not open.

Who are the landlords?

"The Company pays $24,000 per month in rent for the property where its San Leandro, California dispensary and production facility is located to an entity owned 50% by Mr. Kaufman and Ms. Ibrahim"

Shareholders paid 22 million for BlumOak and yet they still pay rent to insiders?

"An entity owned 100% by Mr. Kaufman and Mr. Ibrahim owns the property where the Company’s Blum Oakland facility is located"

" Martin Kaufman and Salwa Ibrahim, each of whom beneficially owns more than 5% of our outstanding Common Stock." How come they are not required to file a 4 form showing their "B" shares becoming common ?

[why_meil]

I agree. This company has a lot going for it and a huge amount of potential. I only got out of TRTC today because in my opinion the stock is dead money now, at least until they file their next quarterly report. And I'm seeing a lot of missed opportunities elsewhere in the stock market. So I chose to go where the action is. I need to keep my money working for me.

I intend to get back into TRTC if the Form 4's stop rolling in. Chances are though I will wait until they report their numbers. If their quarterly report is as good as the the retail investors are hoping, this stock should start a new direction. And that is up. And it's easier to make money on a stock with upward momentum than downward momentum. It takes a lot to stop a moving train.

Just my opinions.

Best of luck to all.