Replies to post #249498 on Blum Holdings Inc (BLMH)

[pearjammer]

Thanks...I wish you were correct, but because of the financial numbers..i see no logical way this stock could ever ever be >$1

Plus the insiders have run out of shares...to operate with aka Dilute and raise money( instead of using their own)

The only reason they ever hit $1.40 in 2014 was because of the mj hype and mainly because the OS count was only 174 million shares.

Now the os count is 1 billion


But hey i hope there is some logical financial way it can break $1 without consolidation.

The insiders sold most of their shares sooooo they have to consolidate and re issue new shares to them selves..... its the logical thing to do

[WtdoIknow]

Food luck to you lol