Replies to post #262871 on Blum Holdings Inc (BLMH)

[Magnum7419]

Next month another note is due......August 12th....One Million dollars IMHO

Latest quarter shows 8 million in expenses? If thats accurate thats 32 million a year......with a profit margin of 19% hows that make the share price go up ?

"iii. a material default or material event of default (subject to any grace or cure period provided in the applicable agreement, document or instrument) shall occur under (A) any of the Transaction Documents or (B) any other material agreement, lease, document or instrument to which the Company or any Subsidiary is obligated and/or which any of their respective assets are subject to or bound by (and not covered by clause (vi) below); "

Could this mean the recent suit filed against Edible Gardens could trigger a default ?