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They greatly over paid because they were desperate another company would come in and steal that market share.
Thats what cheerleaders ay everytime a stock goes down to reality and corrects itself to its real value.
The stock is correcting itself back down to $7- $9 range
Canopy is doing the same it went from $35 down to $25 and counting....
The run is over
I doubt it....the public has spoken... They think acb over paid and diluted too much for what they received.
I am really disappointed at the pps decline...as well
Thats what happens with these mj stocks they go on inflated runs and come back down to earth
to their real value
Your 100% right. They have to consolidate and hopefully they will soon. There is no need to stay in this low pps range when they have no more shares to dilute (they diluted 90% already)
They will be the flagship usa mj stock that will be the media darling of the industry. This will be the canopy growth of usa.
They just need to get a bigger footprint cali and get those grow facilities open, and watch the explosion.
I wish the pps could explode without consolidation, but at 1 billion shares outstanding and only 88 million left to play with...it does not leave then alot of options.
Unless the new revenue guidance is sooo astronimically high like you guys say it will be --> $100 million
Then they prob do not need dilution anymore.
But a consolidation combined with new assets and higher revenue--> will push the pps > $12 easily and very fast
Your dreaming 1000% lol I think it was people listening to the presentation....
Derek said he had locations he was looking to buy/or permit in west Hollywood, La ,SD, as well as San Fran....and the NJ conversion would be very fast. He also has grow facility and a dispensary opening soon... thats a lot of positive news.
Hence the .03 rise in the pps.... which is nothing to freakout about..lol its .03 cents
Derek said he would most likely consolidate if there was a merger in the works. the new owners might want the books cleaned up.
Also the 4th quarter results are coming out soon...news might have leaked about great numbers
But i will say this ...lol if some big pockets wanted to buy trtc ...now would be the time if you believe in the branding....
They would be able to come in and buy a ton of mom and pop dispensaries who will not be able to afford all the new regulations.... and really expand ....fast in key areas of Ca and NJ as well..
hmmm man i don't know what to think anymore...
Yea i bought some acbff a few days ago figuring after the merger that went public this morning . The stock would move north... it did not...im sure it will soon. I guess thats the risk when you buy a $10 stock.
Bad day for most mj stocks accept trtc...which makes you wonder whats going on and about to be released to the public
Yea your prob right. When i was growing up people smoked pot in high school and grew out of it. Only the few hard core drug attics stayed with it and moved into cocaine and H
Todays generation seems to embrace Mj as a lifestyle well past the adolescent years.
I am not sure what farms produce or what they wholesale for...
the next conference call should be exciting to say the least
If Derek s revenue guidance for 2018 is > 60 million.....i would be shocked
I mean thats almost double 2017
I do not see them adding 90 million in sales in the next 12 months. That would be insane....it is just impossible.
I wish it were true....that would be a huge jump in revenue 38 million to 120 million
Too much competition.
Thats like saying the the PPS will be $3 in December lol Its a dream...a good dream, but none the less a pipe dream.
Wait i correct myself the pps can be $3 if the reverse split 10 to 1 otherwise na
I personally think that after july the Canadian stocks ( which are over valued now) will settle down, and people will be moving their money into other MJ stocks. Possibly TRTC if Derek plays the game right.
If they can make the new norm $15 million in revenue per quarter.
Im guessing 2018 financial guidance is $60 million. Because they will have 1 or 2 more dispensaries open for half the year.
I think $60 million is good
Yea i guess your right.
no, but its safe to say they will beat 2017 revenue guidance of $38 million
If not, something seriously went wrong
I know i read how they over paid from the original offer. Usually the pps dips in the morning and comes out green. This is showing signs of a correction. I am thinking the market is saying they over paid and maybe diluted too much for what they gained?
IDK ...i just thought today would be more of a celebration...its not
Well i guess we all got duped....cause i thought ACB was going to increase at least alittle bit...
Looks like we all taken, because lets face it...none of us are going to hold this stock past july
wow i wasn't expecting a mid day red zone on the day of the merger. I guess the pps was already priced into the current value.
I was figuring this was going to be a huge day....i guess the price paid for the merger was way too high.
Maybe the stock is over valued now, until revenue starts to grow bigger.
How will the acb price per share change from $12 to $60 ?
It is struggling to hold 12 now
If this was true wouldnt people be buying it up instead of selling?
Im confused why you think this?
Are you looking 2 years down the road..or after they do a reverse split?
The PPS is .32 and struggling to hold that down lol DAM STRAIGHT I AM GOING TO HOLD THE CEO'S HAND TO THE HIRE. HE HAS FAILED ALL OF YOU... UNLESS YOUR A FLIPPER WHO DOESN'T CARE WHAT THE PPS IS LONG TERM.
THOSE PEOPLE DO NOT CARE....IF THE SCAM RESETS .....BECAUSE THEY MAKE THEIR MONEY THAT WAY...FLIPPING 2 TO 3 TIMES A YEAR
I do not know the 4th quarter 2017 numbers you are correct. I was not referring to the upcoming numbers.
I hope they are excellent ....
I hope revenue is >15 million
I hope revenue is higher than the expenses
I hope the 2018 financial guidance is >$50 million
YES I AGREE ......but the numbers tell a different story. That is why the pps is .32 and struggling to even hold that pps. God forbid a new negative fluff story comes out ...it could drop to the teens. lol
Big investors do not trust their business practices and hate their financials. Until they clean up the numbers we are all stuck in the pathetic range of .12 - .40's
TRUST ME I WANT THEM TO PERFORM BETTER. NO ONE ON THE FORUM WOULD BE MORE HAPPY THAN ME....TRUST ME
The PPS is struggling to hold .32 lol Why do you think that is? lol THE FINANCIALS ARE REALLY BAD.
LEARN HOW TO READ THE FINANCIALS....
silly rabbit....read the financials follow the history. Derek sold 95 % of his shares already ...its a bait n switch locking up his shares. That was after he gifted his wife MILLIONS of shares and made her a civilian.
hmmm?
He is so far ahead guys like you lol This is another tool to keep sucker investors on the line and give them hope after 3 years of pps carnage, and to hopefully bring in newbies to buy the last 88 million shares left out of the 1 billion shares outstanding.
Michael Nahass owns 35,000,000 shares by far the biggest amount of all the insiders...why hasn't he locked up his shares? hmmmmm bait n switch same ole smoke and mirrors people lol
pom pom rah rah pps is .32 moving into feb 2018
how any shareholder can praise this company is a joke
God how pathetic....a lame duck hire from November is your idea of investing back into the company. lol
Thats right after they completed diluting 500,000,000 share in a 14 month period lol
OMG this forum has gotten weak and desperate. Thats how pathetic and down trodden this company has made its paid or true supporters..TO feel THAT THIS is good news lol omg
I lost all respect for you...
AT LEAST SOME US COMPLAIN ABOUT REAL FINANCIAL ISSUES AND NUMBERS. NUMBERS DON'T LIE.
PEOPLE ARE CELEBRATING A LAME DUCK HIRE..LOL AHHHH
I GET IT...HE IS GOING EXPAND BLUM WORLDWIDE LO LOLLOLOLO YEA RIGHT SURE
PEOPLE SHOULD DEMAND PERFORMANCE.... .32 AND STUCK FOR 2018 IS REALLY PISS POOR
Man this pos is not going anywhere until they consolidate and fall in line.
Expect the same pps trading range .11-.40's just like the last 3 years.
These criminals just won't leave any crumbs on the table. So they are going to make sure they sell off the last 88 million shares out of the 1 billion outstanding before consolidating.
going into feb 2018 and the pps is .319 just pathetic
Usually when a bunch of extreme negative post come out....ones that do not make any sense.
Means that they are trying to get in at any lower price available, because big news is coming.
IVXX has been dead in the water for years.... It is only being sold in the 5 dispensaries they own.
TRTC used to brag how they arei n 240 stores lol remember those fake fluff press releases back in the day?
If it was true..i would imagine ivxx would be in well over 3000 stores by now?
I think they gave away the products for cost...to see if they could get traction and repeat customers.
I assume non of the stores re-ordered and hence ivxx is only a blum brand.
this company really sucks...how can they smile when the pps is .31 !
Its a joke
We have all been saying the same thing for 3 years... we have been duped. We gave derek our money and the time he said to "wait for-> before judging him". Remember him trying to justify his greed on the conference call a long time ago?
At the time the pps just got slaughtered for another year straight...little did we know he was planning to dilute 500,000,000 shares soon after.
Now is the time for Derek...to deliver....he is being outshined by smaller companies like kush. Where the ceo has already made his shareholders $8 a share...while still earning 20 million in revenue growing more organically, and being less greedy.
Just listen to the kush 's presentation after TRTC'S from last week, and you will hear a ceo that cares about the shareholders.
Now that is a smart ceo.....unlike derek peterson who has to constantly pay people off and make backroom deals that cost the shareholders all of their worth.
Derek Peterson is a con man...who stole all of our money...
Using the word potential means nothing anymore..... time to PRODUCE FOR THE SHAREHOLDERS
The pps is .31 going into feb 2018 enough said
I bet if you dug deeper...Derek Petersons cousin or best friend or Michael Nahass's cousin or best friend is the head of marketing..... i'm sure it funnels back some how
oh brother..lol yeah canopy is really flat lol it went from $4.9 up to $35 pps
Your complaining that is flat...lol BUT YOUR PROMOTING TRTC FOR GAINING .005
AND STUCK AT FREAKING .31 PPS
JUST LEAVE THE FORUM MAN
What does it matter anymore? The pps is stuck in the mud for 3 years. Investors do not trust the management team for long term investment. That is why the pps is .31 after all the big news.
When you see a company recklessly dilute 500,000,000 shares in the last 1.5 year. It sends a sign to the market...stay away until it gets honest and of course consolidates.
My god look at at the canadian market....they are not even recreational yet
The pps is a pathetic .319
And it is struggling to even hold that value....one bad fluff story and its back to .19
This company sucks..... You should be angry at the way it treats its shareholders and not promoting the criminal greed
The potential means nothing man...it only gets them rich...look at the the pps man? .31
Stop promoting the theft of shareholders money
LET THEM EARN IT
What the hell is going to make this pps move? This is just pathetic .319 pps
What this tells the public is that the numbers stink and the way they built up to this point using EXTREME
DILUTION AND TOXIC FINANCE is concerning to any real investors. People that actually read the financials and use their brain.
We are all stuck in this pathetic pos. The insiders are making millionssssss of dollars while we as usual get screwed.
JUST REVERSE SPLIT ALREADY DEREK.....STOP MILKING US FOR THE LAST CRUMBS ON THE TABLE.
DO THE RIGHT THING FOR THE SHAREHOLDERS ALREADY. YOU GREEDY CRIMINAL.
YOU ALREADY RUINED ANY PPS GROWTH FOR SHARE HOLDERS BY DILUTING 500 MILION SHARES
IN THE LAST 14 MONTHS. THAT IS WHY WE ARE STUCK IN THE MUD AT .31 PPS. THIS WILL NOT CHANGE OUTSIDE OF THE TINY SPIKES HERE AND THERE BECAUSE OF SHATTY MANAGEMENT OF THIS COMPANY, AND THE WAY IT DOES BUSINESS.
To get an inside look at TRTC’s reckless dalliance with convertible notes, go no further than its quarterly reports. Its 10-Q for the quarter ended June 30, 2017, notes that “during the six months ended June 30, 2017, senior secured convertible promissory notes and accrued interest in the amount of $8,839,084 were converted into 50,710,473 shares of common stock.”
How bad is the impact of TRTC’s convertible note addiction on common shareholders? The table below, which illustrates the rate at which outstanding shares have increased over the past five years, answers this question.
Year TRTC shares outstanding
2012 76.89 million
2013 99.04 million
2014 174.3 million
2015 240.19 million
2016 389.36 million
As of December 11th 2017 903.17 million
I have heard it all now... TRTC is now NIKE ! lol
It has become a flipper stock....who's opportunities have come fewer and fewer.... in part because you are competing with derek... he puts out the news--sells before it...during..and after.
He is competing with the flippers
Newbies...this is the reason why the pps is .31 and barely holding that and why the true daily volume is slowing down.
DO the insiders still need to give away 50,000,000 for 8 million dollars? I would hope not. Time will tell.
To get an inside look at TRTC’s reckless dalliance with convertible notes, go no further than its quarterly reports. Its 10-Q for the quarter ended June 30, 2017, notes that “during the six months ended June 30, 2017, senior secured convertible promissory notes and accrued interest in the amount of $8,839,084 were converted into 50,710,473 shares of common stock.”
How bad is the impact of TRTC’s convertible note addiction on common shareholders? The table below, which illustrates the rate at which outstanding shares have increased over the past five years, answers this question.
Year TRTC shares outstanding
2012 76.89 million
2013 99.04 million
2014 174.3 million
2015 240.19 million
2016 389.36 million
As of December 11th 2017 903.17 million
Shares outstanding nearing authorized shares of 990 million
In five years, TRTC’s shares outstanding have increased more than tenfold and are now inching dangerously close to its authorized shares of 990 million. This means that going forward there is very limited room for TRTC’s debt holders to convert their debt into new shares. This heightens the prospect that TRTC may default on its debt. In case this happens, shareholders will be first to lose as debt owners will foreclose on the assets. This is the benefit of being a debt holder as opposed to being a shareholder. Debt holders usually have the first claim on a company’s assets in the event of foreclosure.
Its been 3 years of excuses man....show a little pride in yourself people. Expect the company you invest in long term to perform for its share holders. Hold the CEO accountable!
How embarrassing to be on the presentation list with kush bottles....trading at 5-8 pps range, and trtc is .31 lol
The other ceo...said it correctly...they wanted to grow more organic for the shareholders as well as the insiders.
A little less greed and TRTC would have been trading at that level as well.
Now the only possible way to break and hold $1 is if they consolidate with a reverse split
Wow...you would have thought after yesterdays call with Derek, that the troops would have rallied a bit and the pps moved up....as usual this company disappoints.
I guess CA going rec did not do anything but cause a huge selloff...whats anything other than consolidation or the feds rescheduling news going to do...... nothing
Anyone wanna guess what the 2018 revenue guidance will be?
My guess is 45 million
Briar the reason why the pps is a pathetic .32 is because of the 1 billion shares outstanding and toxic financing still out there. Now with only 88 million shares to dilute or toxic finance left to play with. They
are forced to consolidate the share count, unless they somehow received federal banking.
I think if they do a modest reverse split of 5 to 1 that combined with higher revenue and less debt
The pps will finally break and hold a >$1 pps I personally think it would settle at >$12 pps after a few months.
I liked that derek was mentioned getting a permit ( not buying/over paying) for a LA dispensary and that he has his eyes on bargain mom and pop dispensaries that will not be able to afford complying to new government regulations. So i really like the plan of getting space in LA, and San fran.
Also i like what his plan is for NJ. I like the idea of looking for dispensaries right across the bridge to easily pull in New York customers as well.
SO with all this news coming down the pipeline....reverse splitting and lowering that share count decreasing that debt , and increasing the revenue.....
The combination would put the pps to the moon. With all the variables mentioned.
The PPS would move in dollars not cents moving forward. It would be the one scenario where a reverse split would work in a positive way for all shareholders. I personally would be angry if they did a reverse split > than 10 to 1 ratio.
I wish you were right brother...But we are having a hrd time holding .32 pps.