TRTC Prediction: .06 Summer 2015 Here's why
This was the low price that many of us bought at around 18 months ago. Hope everybody took profits, and is waiting patiently on the sidelines.
This is based on two years of watching TRTC.
IVXX is not for profit. Does anything more need to be said about it??? Maybe someday, somewhere else it will be for profit. NOT in the near future.
Nevada will be worth some good revenue for TRTC IN THE FUTURE. First of all when dispensaries open there will not be many able to buy marijuana yet. People have to still get cards from the state to be able to buy. People from other states will likely be able to buy, so the Las Vegas dispensary could make decent revenue. Maybe even $15 million in 2016, of which TRTC gets around half, and then costs. Still could net TRTC $5 million which is nice. This will be reported to the world in May of 2017. LOTS OF TIME until then.
TRTC will LIKELY need more money to build out infrastructure. This means more selling of shares. This will drive the price lower. Construction costs always seem to exceed estimates.
Expect more bonuses to executives. Stock awards, etc....
Edible Garden does not seem to be growing, much or at all based on the Q1 numbers.
Many other speculative sides to TRTC's business, but not many speculators around anymore.
If you are playing it, give it a few years and I think it will be in dollar land. I just would not be expecting a quick recovery.
Of course this is just my opinion, and I have been wrong before. I think it has a chance of coming true though, and at .06 I will be a buyer. I was right last time. LOL and there were far fewer shares outstanding back then.
Best of luck to all.
