Replies to post #270152 on Blum Holdings Inc (BLMH)

[kevindenver]

TRTC has been using discounted equity debt for its entire existence.

The equity discount (toxicity) was about 15% for most of its history, it recently improved to 5% of the average of the low of the last 5 days.

TRTC takes out these "loans" in tranches of $5 million every 2-3 months and currently only carries about $12 million on the books as a liability.

TRTC is drawing down a $40 million line, but has a full $100 million in mixed security types registered and ready to issue.

I have followed TRTC since 2013 and am highly critical of them, but I see odd synergies in this combined entity, but will remain in wait and see mode.

Welcome to the TRTC board.