Replies to post #262606 on Blum Holdings Inc (BLMH)

[I-Glow]

A reorganization goes like the following:

1. Uncle Sam (IRS)

2. Secured Creditor

3. Unsecured Creditor

4. Preferred Shareholders

5. Common Shareholders

If any of those above the common shareholders are impaired - then the common shareholders are impaired.

Most of the time in reorganization the Equity Interest (Preferred and Common shares) are cancelled.

IG

[Magnum7419]

As I thought , dilution is the culprit not a short attack.

Outstanding Shares
70,852,978
06/29/2018

https://www.otcmarkets.com/stock/TRTC/security

[BriarPatch]

I get it now, you have no idea on how to read financials.

On July 25, 2016, the Company issued a demand promissory note in favor of Dominion Capital LLC ("Dominion") in the amount of $750,000. The principal and interest under the demand note is due and payable on demand, but in no case later than July 23, 2018.

On August 12, 2016, the Company issued a demand promissory note in favor of Dominion Capital LLC ("Dominion") in the amount of $1,000,000. The principal and interest under the demand note is due and payable on demand, but in no case later than August 12, 2018.
http://www.otcmarkets.com/edgar/GetFilingHtml?FilingID=11547345

please show the board using the last financial release (2018 Q1 10q). Show us all these notes due or atleast the one that's mentioned in the doom n gloom Panda Poo style post. They should be listed under liabilities long term / short term debt or on the "notes payable" section. Here's the link to help you out.

https://www.sec.gov/Archives/edgar/data/1451512/000147793218002303/trtc_10q.htm

look at the breakdown on page 11, where it shows all the debt on the books. you should note that all the debt prior to the Aug 22, 2017 financing has been paid off. So that means your "doom n gloom Panda Poo style" post is completely and totally irrelevant to anything except to help trtc's credit rating.

thanx for playing...

try again?


business is blüming!!!