Replies to post #259695 on Blum Holdings Inc (BLMH)

[pearjammer]

You have been saying that same line for 3 years...and has the company performed?

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 has failed
The dispensaries are having a tough time increasing revenue or maybe even matching revenue from the 1st year marks...maybe the excitement has calmed down there in LV or there are too many dispensaries.

I love how the same 6 people ...keep making excuses for this under achieving company. Folks this company is in trouble and having a hard time finding way to creat revenue and increase revenue in existing assets!!!

This company is drowning in debt....