Replies to post #271250 on Blum Holdings Inc (BLMH)

[kevindenver]

Chapter 11 is a good tool to use to protect shareholders

Yes and no... often times common shareholders are left with NOTHING and the bondholders and other creditors get the equity in the reorganized entity.

There more of a chance bankruptcy will destroy 99% of any remaining current common shareholder value, but the NEW post bankruptcy TRTC, with a new capital structure could be more attractive to capital providers.