Replies to post #267571 on Blum Holdings Inc (BLMH)

[Magnum7419]

" an additional 5,552,521 shares of our Common Stock"

"We have the authority to issue up to 990,000,000 shares of our Common Stock. As of September, 5, 2018, there were 74,362,417 shares of our Common Stock issued and outstanding. We are obligated to issue up to an additional 5,552,521 shares of our Common Stock to contemplate the conversion or exercise of all of our currently outstanding Preferred Stock, warrants, options, and convertible debt. There is a limited public market for our Common Stock."


https://www.sec.gov/Archives/edgar/data/1451512/000147793218004406/trtc_s3.htm#USE%20OF%20PROCEEDS

sounds like MORE dilution IMHO

[Magnum7419]

We are obligated to issue up to an additional 5,552,521 shares of our Common Stock/b]

"We have the authority to issue up to 990,000,000 shares of our Common Stock. As of September, 5, 2018, there were 74,362,417 shares of our Common Stock issued and outstanding. We are obligated to issue up to an additional 5,552,521 shares of our Common Stock to contemplate the conversion or exercise of all of our currently outstanding Preferred Stock, warrants, options, and convertible debt. There is a limited public market for our Common Stock."

"Our Common Stock has no preemptive or conversion rights or other subscription rights. There are no redemption or sinking fund provisions applicable to our Common Stock."

https://www.sec.gov/Archives/edgar/data/1451512/000147793218004406/trtc_s3.htm#USE%20OF%20PROCEEDS

[AC7880]

I often like to compare and contrast OTC stocks, and perceptions on those stocks.

Here at TRTC we often see angst over the AS, even though OS is currently fine. We see demands to reduce the AS, even though it is barely tapped after the split.

Meanwhile let's examine another OTC stock, and what is happening right now, with the news out on Friday after close:
"Increase the number of authorized shares of capital stock of the Company from two billion ten million (2,010,000,000) shares to six billion ten million (6,010,000,000) shares"

"which shall be comprised of six billion (6,000,000,000) shares of Common Stock and ten million (10,000,000) shares of preferred stock of the Company (the “ Authorized Increase ”) Liberated Solutions, Inc. (LIBE)"

Now this is a company with little to no assets, no products for sale, no revenues. Just dreams of future acquisitions.

Over on the LIBE board this massive increase to the AS is being called great news, that the new AS and following OS will be used to grow the company, expand, and complete acquisitions.

Here on the TRTC board, the AS is questioned, and every increase in OS is examined under a microscope. As it should be to guarantee moving forward we see added value to company for dilution.

Just compare the two companies, two stocks, and two boards to see the wide disparity on perceptions of AS/OS.

We are obligated to issue up to an additional 5,552,521 shares of our Common Stock/b]

"We have the authority to issue up to 990,000,000 shares of our Common Stock. As of September, 5, 2018, there were 74,362,417 shares of our Common Stock issued and outstanding. We are obligated to issue up to an additional 5,552,521 shares of our Common Stock to contemplate the conversion or exercise of all of our currently outstanding Preferred Stock, warrants, options, and convertible debt. There is a limited public market for our Common Stock."