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Come on mods????? Do your job and stop this off topic personal BS!!!!
The federal government has incentive to NOT reschedule cannabis. As long as it is schedule 1, IRS collects huge amounts of taxes from legal MJ businesses , while the states are getting theirs. If rescheduled, it reduces $$ that IRS gets. Nothing will change as far as showing profit will occur until out of schedule 1. Won,t matter how much gross income is, TRTC will put the$$$$$ into expansion.
DP has done everything he said he would do. Swinging for a grand slam , not a bunt and run. Only way to build out when you can't borrow is to sell shares. We built it..... they will come.
Now we will see if it is all about dilution. Few shares left, so it's either borrow $(prospectus), live off of $$$ generated, or RS. DP has said a RS is only for uplist or to bring in investors. Next few months, the cards will be played one way or another. My bet is on a big investor to finance acquisitions. Long since .067
Nothing is just like rescheduling!! Until cannabis is rescheduled, it just doesn't make good business to show profit. Put $$$$ back into expansion until that does happen and it will!!!
IP thanks for all you great level headed input. Here's mine.
Seems to me that TRTC wouldn't want to show much profit until out of schedule 1 status. Would make more sense to use income to expand capabilities, preparing for the time when ALL expenses are deductible.
DAILY DUMP, JUST LIKE CLOCKWORK! HOW LOW WILL THEY DRAG IT?
The daily dump again. Hey DP, how about waiting until the PM?
I see TRTC has taken it's daily dump. Just like clockwork. WHEN will this dilution stop and allow the pps to move?????
I was thinking I remember that the Cali rules prohibit anyone from having more than two TYPES of permits? Unless they were grandfathered in as TRTC became with purchase of BLUM.
TRTC raising build out $$$$.
Just ignore the CAPS. It makes this more tolerable.
Great PBS video!!! Thanks Cbd!
National pharmacies cannot sell schedule 2 drugs that are not FDA approved. How many years will it take to go through all the testing to get FDA approval? 5 ? 10?
Medical MJ shops can today!!!!
With a change to schedule 2, banking and tax regs would change for the better.
All depends if TRTC still needs $$$$ for buildouts and is selling stock. Is .30 the old .18? We'll see.
Great stuff Z
Clay, Thanks for the daily report, but we all can see .60 is a resistance point. Hope about another update looking farther back. .60 falls tomorrow!!!!
Blakedog.... since .069
Can anyone explain how Blum LV can have IVXX shatters and waxes to sell without a production facility up and running in Nevada? Can't ship it in from Ca. Right?
By combining with Blum, TRTC gets grandfathered into new Cali regs.
Nice article in Cheat Sheet, Is 2016 the Year of Marijuana Investments?
"Terra Tech is also likely to be one of the few companies that will ever be allowed to call themselves a true “seed to sale” operation, since a California law passed in October 2015 bans a single company from participating in all aspects of cannabis production and sales, unless they began operations before July 1, 2015. (Blum began in 2012.)
By combining the agriculture side with the dispensary, Terra Tech expects to cut its costs significantly. Retail outlets like Blum can pay $2,500 per pound for cannabis from cultivators and sell it for somewhere around $5,000 per pound. Terra Tech chief executive Derek Peterson told MarketWatch that streamlining the entire process under one company roof will drop those costs to $600 to $800 per pound, before selling it at continuing market prices. The company is effectively cutting costs while keeping revenues the same (and hopefully growing), meaning profit margins should continue to grow if all goes well."
I think so!!!!
Long and Strong
Please explain how DP is putting $$$ into his own pocket???
Just how is it that management is enriching themselves? How is DP getting rich from this right now? Salary? Skimming?
Please be specific.
Just what are the "INSIDERS" getting?
Outrageous salary? nope. Shares, oh yea but for some reason not too many have been sold by "insiders".
So just maybe they have confidence in the company and stock!! Expect a much bigger return in the long run! Like myself!
I got 100,000 more cheapies today!
On the Train.
What's stopping TRTC from using some of the grow trailers they sell? Don't they still have those?
Some investors don't want to be traders. Don't have the time, understanding of market forces,ect.
Some investors just want to find a good place to invest in that has a high probability of doing better that the 10-15% they might get in a mutual fund. Just want to put up $$$ and let it ride.
TRTC is in fantastic place for such a bet right now. Great things in the pipe line, ground work in place, financing set up, ready to go.
TRTC has bottomed out. Only up from here.
Blakedog, still accumulating at these prices whenever I have $$$ to invest. (Longs, That's who is buying shares)
Decent volume today and ended green!!!!
Where's the death spiral? Not here!!!! Not a typical pinkie!
We all know that magna is selling stock. This is funding the build out. P/S will stay right around .10 until it's done. Not a big surprise.
Can anyone name other otc stocks that have finance agreements where the amount of shares sold and at what price is determined by the company?
This is why there IS NO death spiral at TRTC!!
We will not ever see .08 and possibly no more .09's
P/s will stay around .10/.11 until buildout is complete.
For those hoping for P/S to start jumping, don't hold your breath! Magna will continue to sell shares as directed by DP to get needed $$$$ for build out.
MHO, P/S will stay under .17 until build out complete.
All as to game plan. Long and stronger!
Thanks for the cheap shares sub.10.
Always gets silent on the weekend.
I'm real curious to see how the nay sayers will respond to
1. huge week for TRTC
2. court action on Anson funds
Maybe some are busy with lawyers?
DP controls how many shares are sold by Magna and when. That's the way he designed the deal.
He's in.
PREDICTIONS?? Never happen? Something new.
TRTC isn't just dumping shares onto the market. They control the timing and amount sold as needed for cash to build out. The P/S will start rising with enough positive events ie. great 3rd Q report, opening shop in Ne. All still according to game plan.
Patience.
It will happen.
All these trades are from mgt. dumping shares. IMO Continual slide, will it make to a real penny stock by year end? We'll see.
NOW WE KNOW where are the hype is coming from that you refer to.
So how much will this "unloading" hurt the p/s today? 5%? 10%? 20%? More?
That's all they have to use!! Old SH!t Everything recent is really looking strong!!
You stick with TRTC because you know this is a winner that will be easy to flip. Well done!! Make lots of $$$$ but please stop berating stockholders that prefer a different strategy from yours.