Replies to post #259665 on Blum Holdings Inc (BLMH)

[Magnum7419]

29. LIMITATION OF LANDLORD'S LIABILITY .



"Notwithstanding anything contained to the contrary in this Lease, whether expressed or implied, it is agreed that Tenant (and anyone claiming by, through or under Tenant, including Tenant's principals, agents, representatives or employees) shall look only to Landlord's estate, property and interest in and to the Demised Premises in the event of any claim against Landlord arising out of or in connection with this Lease or the relationship of Landlord and Tenant."






23. JURY WAIVER WAIVER OF COUNTERCLAIMS .



"LANDLORD AND TENANT HEREBY WAIVE ALL RIGHT TO TRIAL BY JURY IN ANY CLAIM, ACTION, PROCEEDING OR COUNTERCLAIM BY EITHER LANDLORD OR TENANT AGAINST EACH OTHER ON ANY MATTERS ARISING OUT OF OR IN ANY WAY CONNECTED WITH THIS LEASE, THE RELATIONSHIP OF LANDLORD AND TENANT, OR TENANT'S USE OR OCCUPANCY OF THE DEMISED PREMISES. It is further mutually agreed that in the event Landlord commences any summary proceedings for non payment of any Rent, Tenant will not interpose any non-compulsory counterclaim of whatever nature or description in any such proceeding."





18. TENANT'S DEFAULT; LANDLORD'S REMEDIES .



"18.1. If Tenant (i) fails to pay any payment of Rent as provided in this Lease and such failure continues for five (5) days following the date when due; or (ii) breaches any other agreement, covenant or obligation herein set forth and fails to cure such breach within fifteen (15) days after notice thereof from Landlord (provided, however, Tenant shall not be deemed in default with respect to any matter which, by its nature (as same shall be determined by Landlord in its sole discretion), may not be cured within fifteen (15) days, if Tenant shall promptly within such fifteen (15) day period commence to cure such default and thereafter diligently prosecute the cure to completion), Landlord may terminate this Lease upon five (5) business days' notice to Tenant sent at any time thereafter, but before Tenant has cured or removed the cause for such event of default and termination. Upon the giving of a notice as set forth above, Tenant's right to cure the cause for such event of default and termination shall cease. Such termination shall take effect on the fifth (5 th ) business day following the giving of such notice to Tenant, and shall be without prejudice to any remedy Landlord might otherwise have for any prior breach of covenant. If this Lease shall be terminated as herein provided, in addition to any other remedies which Landlord shall have at law or in equity, including, without limitation the right to recover the value of the unexpired term of the Lease, Landlord may reenter the Demised Premises at any time thereafter and remove therefrom Tenant, Tenant's agents and subtenants either by dispossess proceedings or by a suitable action or proceeding at law and without any liability on the part of Landlord. Tenant waives any rights to the service of any notice of Landlord's intention to re enter provided for by any present or future law.



18.2. If Landlord or Tenant retains an attorney and commences a legal proceeding as a result of a breach of any covenant of this Lease by the other party or for any other relief against the other party pertaining to this Lease or the relationship of Landlord and Tenant hereunder, or is required to defend any such action or proceeding, unless the judgment or award in such legal action or proceeding shall provide otherwise, the non prevailing party after final judgment shall pay to the prevailing party all reasonable out-of-pocket costs, expenses and reasonable attorneys' fees and disbursements that the prevailing party reasonably incurred in connection therewith."

https://content.edgar-online.com/ExternalLink/EDGAR/0001477932-16-009227.html?hash=40cb053d11f4f7c5a66c3cfbefddd049d89c80a90a04041f719b5eedd7a184f5&dest=TRTC_EX1025_HTM#TRTC_EX1025_HTM

[La Puma]

Thanks IP.

A bit to unravel there, but I think I get your point.

I didn’t see a direct answer of why revenues are on track to be lower this year vs. 2017, with a larger footprint now in place...

AKA: why are same-store sales dropping? and specifically, dropping so far that the addition of a new store wont cover the delta...

Puma

[pearjammer]

What a line of Bull-->shat lol All you just did was make excuse after excuse as to why Derek is underperforming big time. He is a pitchman, not a CEO with big global visions AKA Canadas big 3 companies.

They have no cash...so they had to do a reverse split and procure 40 million dollars. Meanwhile they took half our shares and the PPS is struggling to stay over $2.50 ...which is $1.50 less than post reverse split price.

There is no uplisting

There is no merger

This company does not have anything to merge with? Ivxx is a joke, NV dispensaries have some value, but zero future growth. Blum OAK is the best thing they have going...hardly a reason for any bigger company to over pay and or even want to buy.... TRTC has zero....zero footprint in CA. They are nothing in that state... small time

This industry has always been hard to predict. That never stopped Derek from making a revenue guidance before, in fact he used it as a tool to brag about the company....now that he missed his low end revenue estimate from 2017 , and is falling flat on his ass for 2018 ....The 2018 revenue guidance is not important.

1 board member fired for SEC violations, another Salwa and her husband left the company, and now the NJ boys are suing TRTC at the worst time possible.... Add onto that Dereks bankruptcies, the changing of his name, and his own sec violations.....and you have a guy in over his head...and looking for cheap short cuts and someone to give him vision.

I mean really they have no ivxx brand recognition in 3 years.... it failed
The dispensaries are having a tough time increasing or maybe even matching revenue from the 1 st year...maybe the excitement has calmed down there in LV or there are too many dispensaries.