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We are in complete agreement.
SSC
We'll see when the filings come.
The filings always outweighs the speculation.
SSC
Oh, you're back and still boring.
SSC
I'm struggling to see the IVXX sales. Let's see.
The dispensaries in SD are DRIVING to Irvine to get more shipment - which only happens once a month-ish. My spot has only had it twice, ever. My other spot once, ever.
I'm questioning why IVXX seems to have slowed so much. Expansion is much slower. Perhaps because DP's new pump is in full effect (Blum).
SSC
UNLIMITED SHARREEEEESSSS, WEEEEEEEE. Or so it seems. Probably millions remaining.
SSC
As far as small customer base, I cannot agree. Less patients are registered, but there are billboards plastered on every corner promoting "get your cannabis card in minutes from dr. Reefer". The patient base will grow VERY quickly in Nevada.
Will TRTC capitalize on this? Probably - for themselves, not us.
SSC
Timberrrrrrr. I'd buy for a flip here.
SSC
No, no - you've got me all wrong. I lost money, doubled down, and got out very close to even.
I was a fan of this stock at one point too. I thought they were doing good things. And then I saw it for what it really is. I called this thing hitting the floor back when it was at .16 - it's now at .02.... Seems like the trend is in my favor, not yours.
I, and many others will continue to short this pig.
SSC
What happens when they never become current again? What happens when the scam is revealed for what it is? What happens when they go BK?
SSC
There are two possible reasons, the skeptic, and the hopeful:
Skeptic:
-DP is artificially propping up the PPS for some reason (another financing tranch?) to get a larger amount of money prior to defaulting on the Blum acquisition (a-la NB plants acquisition PR's?)
Hopeful:
-The financial documents are far more difficult to sort through than expected, and the auditor will need more time to handle such matters. Thus, an extension is needed to make cover their bases - business is business, and black oak needs to be protected just as much as TRTC needs to be protected.
All speculation.
SSC
Nice try - that's dilution. Our buddies at BMAK have plenty more where that came from.
SSC
Nice! Might sell the rest :)
So funny to see you on the other side. At least you're honest.
SSC
Logic is an exciting thing. Especially when it's common sense logic. ;)
SSC
There we go. Sold some for a rinse and repeat.
SSC
What on earth are you talking about?Are you serious??????? LOL.
It's VERY obvious that I was talking about dilution. "Selling shares" was not meant to be taken literally - it's a figure of speech referring to the equity that is given away to companies like MAGNA that then sell the shares for a fraction of their worth.
Goodness man, quit embarrassing yourself. I can't even believe I'm wasting my time to respond.
SSC
LOL - are you serious? It was quite obvious that I'm not talking about selling his personal shares. Thanks for your literal take on my post though.
SSC
Because Derek loves to sell shares.
SSC
Wtf...
Diluting on THAT PR.... Good God, man.
SSC
I can assure you parking is not an issue. There are abandoned lots surrounding the place. Plus the entire street is free to park on.
SSC
I saw advertisements in taxi cabs, but I didn't see anything personally.
SSC
I also have to say that it seemed pretty far off the beaten path to me. Outside of going to cheetah's... There's little reason to be in that area.
SSC
Photos I took of 1721 Western Ave on February 21st, 2016:
http://imgur.com/a/qr3Td
My take:
Pretty sketchy area. Blum looks like the nicest building on the street though. It looked almost complete from the outside. The inside looked as if flooring needed to be finished - as did the wall decor. I heard hammers from outside, so I can only assume that the flooring was being put in. IMO, this will be opening very shortly. Bad reflection on the last photo, but you can see there is another branded logo on entrance, and a "Patients only" sign inside thats already been hung.
--- Will it make us money? *shrug*
It looked very close today when I went by. Pics incoming..
Oh, there's always a bright side to losing money, eh?
SSC
You are SOOOOOOO right. Literally the exact same thing I've been saying.
Owning 400 dispensaries that are all open and operating does not guarantee solid business execution. In fact, it could mean more expenses than revenue - which seems to be common play in TRTC land.
SSC
Hey - December '13 friend:
I think a lot of folks on this board could learn from our wisdom. We've seen a lot happen here. And what's happening now looks a lot like what happened back then. It's always "something".
Yet DP and crew get theirs...
SSC
That's not really a valid point - considering The Grove, and many other dispensaries in Las Vegas are advertising on ENORMOUS billboards and on the television ads inside of taxi cabs - and the grove isnt in operation yet either. They're still going to get their name and brand out though - which is important considering the landscape here will be extremely competitive.
SSC
There is a ton documented on terra tech's official Facebook page. There are photos of the construction progress - but I will try to take some today.
SSC
At least you found it - I emailed their official website's email address, asking to buy nuleif. I never received a response. Definitely in bed with crooks.
SSC
There are billboards all over town for new dispensaries in Vegas. ReLeaf advertising in taxis. Multiple "The Grove dispensing soon" billboards - but I don't see any sort of TRTC advertisement whatsoever. TRTC really is a pipsqueak in comparison.
On my way to Vegas now. I'm going to stop by the location today or tomorrow.
SSC
Why would NRTI go to .00XX?! They aren't even running this company right now... It's gone dark. Nuleif won't even respond to emails asking where to purchase the products.
It's a scam.
IMO,
SSC
I tried telling everyone this when the CEO was taking a $200,000 salary on ~$50,000 worth of yearly revenue.
SSC
I already made an absolute fortune on this stock when j bought it at .07 in Nov/Dec 2013 and it went above a dollar in 2014. The shares I have remaining were FREE and I only hold on to them for ENTERTAINMENT. I have nothing on the line here and therefore I have no micro-focus that is causing my emotions to get in the way of my logical thinking.
Listen, it has cost terra tech more money to do the things they are doing than it brings in - period.
GRowOp is not profitable, EG is not profitable, IVXX is not profitable. All of their operations are running at a loss.
14 million in revenue sounds amazing from BLUM, but what happens when all of that money is funneled through different entities? What is left certainly doesn't go to shareholder value - it NEVER has. What is left ALWAYS goes to DP and cronies.
I'll change my tone when they change theirs. Until then - logic wins. Arbitrary price predictions will always lose. I like facts, not opinions. Filings show losses everywhere. When those change, the price will change.
Until then, it's pop and drop hype train.
IVE BEEN HERE BEFORE, IVE DONE THIS BEFORE.
Are you going to keep following the blind man that has given you baseless false predictions and is BEYOND in the hole on his investment? That's just stupidity.
SSC
I don't make price estimates - it's a guessing game, and stupid. Not to mention that after over 500 failed PPS estimates, you'd think one would learn a lesson. Shame on me for expecting someone else to be as logical as myself.
I'd prefer to look at the filings.
SSC
It isn't - but it's much better than the alternative OTC stocks.
SSC
VISA bought 10% stake in square.
Wasn't everyone on this board saying that VISA and MasterCard make Square useless?
...lol