Replies to post #260032 on Blum Holdings Inc (BLMH)

[mc73]

Currently there are 65.3 million shares outstanding and the market cap is $196.7M with share price at $3.02.

If you didnt watch the OS approach the AS and you got caught in the reverse split I understand, I would not be happy either!!! But who is at fault? You are. It's your job to watch those things and exit before you get trapped holding a 1/15 bag of diluted shares post reverse merger.

I'm in TRTC for the second time. I will be watching the OS beginning ~ March 2019 timeframe. They could reverse split again this year but I seriously doubt that will happen but they are authorized to do so until 31 Dec ( if memory serves me right).

Until banks are allowed in the game this is the only way to rapidly gobble up market share...just pay attention.

Right now TRTC is looking really good. Glta

[sleepernw]

Scam? this "scam" is open in CA & NV daily til 3am bringing in $$$

[AC7880]

leading up to a 15 to 1 reverse split out of no where!

The RS was not out of "no where".
The ability to RS was already voted on and approved. And many on this board warned it was coming. Pure logic looking at the share structure and OS to AS.

dropped the pps from $5.50 (high)

The $5.50 "high" was a one day fluke partially or mainly due to investors not being able to do on line trades. Providers were unable to get trading platforms up and running immediately after the RS. Close the day prior to RS was .268, converted it equaled $4.02.

Then Derek quickly gifted himself $40 million in toxic finance!!!

Only Derek has the 40 million? It is "his" 40 million? He "gifted" himself 40 million? The 40 million is COMPANY FUNDS. TRTC is a publicly owned company. That 40 million is OUR 40 million.

Wheres the Merger?
Wheres the up listing?

I did not expect a merger nor up listing. Research up listing requirements. Valid DD will reveal up listing not in the cards at present time, nor at time of the RS.

I know "wait for this day" lol its been 4 years ........

It has indeed been 4 years. And FINALLY the company is well positioned.

Real licenses in multiple states. Real sticks and bricks buildings. Real employees, and a hiring event this week. Real products being sold in the real world in multiple states. Cultivation on the cusp. New extraction. New dispensaries. Politicians getting on the MJ train. Never a brighter outlook for the company. Never a better time to invest. And a great entry point on PPS.

outstanding (shares) have increased more than tenfold and are now inching dangerously close to its authorized shares of 990 million

The RS fixed the share structure. Old news. Invalid concern in the real world on 5/23/2018.

Derek Peterson, Amy Almsteier ,Michael Nahass, and Salwa Ibrahim are laughing all the way to the bank.

Yes, that is how they spend their days. Laughing on the way to the bank. Nothing else to do but count their cash, haul it to the bank, and laugh.


Emotions are a bad thing for investors. Folks, apply LOGIC. Read the conference call transcript. https://ir.terratechcorp.com/all-sec-filings/content/0001477932-18-002325/trtc_ex992.htm

My prediction based on research and real world DD:

Q2 will not be outstanding nor horrible. Slightly better than Q1.

Q3 will depend upon how many cultivation harvests, and how all other expansion is along the path (dispensaries, extraction, etc) I expect Q3 better than Q2,, but not "outstanding".


Q4 should please most investors. Reduced costs (from not buying weed wholesale). Improved revenue (from cultivation, extraction, new dispensaries).


All that not to mention the progress on the federal political level. Bills being written and bi-partisan endorsed and co sponsored that are good for the sector.