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TRTC will never ever be $1 pps until the consolidate and reverse split. If the pps can't move more than a few cents with 60 million in volume...and worst it can't hold a lousy couple a cents in gains.
If they do not consolidate expect the same business behavior as the last 3 years.
THE PPS WILL NEVER EVER BE $1 WITHOUT RS
That makes no sense to me, but what it does tell me is they are not in it for the long haul. Why would you not buy the property, especially since it is so cheap in NV.
They are selling this company within 2 years
Wow, i have just read through most of todays posts...and by far this is the most inarticulate bunch of folks i have ever seen congregate in a forum. Almost zero financial knowledge.....lol Have any of you read the financials?
Hopefully it is a 5 to 1 or if they have to a 10 to 1 reverse split.
That will be best for all of us at this point. There is no need to be trading in this .11- .51 range for another 3 years.
They made their money and revenue will rise from this point on
It is time for common shareholders and trtc insiders to get rich and grow together...
Lets all come together and grow into the future...$$$
One of the reasons why we are talking about a reverse split, is because Derek brought up the scenarios on the last conference call.
He said he would be open to a reverse split if he had a chance of up listing, and if someone wanted to buy into the company like canopy growth just did by giving away 10% of the company for 275 million dollars.
The big second reason ...the main reason. Is that the company is running out of shares to sell.
They only have 88 million shares left to dilute, and they can go through that really fast.
With 1 billion shares outstanding and a huge float...the free common shareholder ATM machine is about dry up lol
That is why the PPS is stuck in this pathetic range of .18- .50 for 3 years.
Dilution and toxic financing destroys shareholder worth..
Here is the impact of TRTC’s convertible note addiction of 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
The shares outstanding are nearing the authorized share limit 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.
To avert foreclosure and stay in business, the only foreseeable play for TRTC will be to effect a reverse split. A reverse split is where a company merges existing shares using a ratio—for example 1 share for every 20—in order to reduce the outstanding shares. This action increase the share price, but reduces the shares outstanding, meaning that it has no effect on the company’s overall value. Fewer outstanding shares also gives a company—in this case TRTC—room to create new shares in future, opening the way for more convertible notes and continued dilution of common shareholders.
Poor management
I also worry about that myself. I always say history does not lie.
If anyone wants to know why the PPS is a pathetic .329
It is because of TRTC’s convertible note addiction that has screwed 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.
Poor management.....only concerned about enriching themselves at any cost to the shareholders.
Kevin do not even bother....he is by far the dumbest person on the board...
Newbies just read his posts and block the user lol
I saw that the kush bottle company doubled ...i was surprised lol they make bottles lol
Man if TRTC did a 10 to 1 reverse split with close to 50 million dollars in revenue for 2018 and 90 million in os
The pps would explode.... If little companies are brining $8 - $20 a share.....
Honestly what the hell is stoping Derek....i mean they sold and diluted 90% of the 1 billion shares outstanding.... why make us all suffer another slow grinding year?
Do the reverse split and ride the good news upward bound.
Maybe that is why Derek kinda wasn't impressed on the conference call when he addressed the canadian stocks.
Remember he actually compared their numbers and said ..... that he expects there would be a bigger explosion in the USA.
Feds need to change some laws already
Well the are currently running out of shares to sell ..lol hence the sudden locking of shares from everyone but the biggest holder Michael Nahass lol Its a bait and switch - dog and pony show
I agree in part...thats why i was playing around earlier and posted this
I was doing some rough math..and a very superficial mock evaluation for FUN.
Having TRTC doing a 10 to 1 reverse split at .30 taking the stock to $3 pps, and the OS count to 90 million
Then using Aphria's stats at with 138 million outstanding shares at $19 PPS, ALONG with 20 million in revenue.
SO if TRTC does a 10 to 1 reverse split on the current .30 pps( new pps $3)
It would take the outstanding shares count down to 90 million , and lets say revenue guidance for 2018 IS a conservative $48 million dollars.
Would it be safe to say with some news blitzes that the pps would soon be 1.5 x Aurora at $30 pps?
See that would work for me .....
With only 90 million shares left to sell...Derek Peterson needs to consolidate now... why keep the pps stagnate for another year. When everyone can prosper
odds are the pps will end as usual 10% better than the previous year for metrics and then be taken down
time will tell
Ok lol lets invest in a company and not talk and share the true financial history and workings of the business ...lol i heard it all.... yea lets just read posts of people dreaming "to the moon" not based or real financial facts
Thank you for blocking me lol
Newbies i tell the truth, and yes i bitch when the company dilutes and does greedy toxic financing for pennies on the dollar which destroys our pps.
Newbies..im sorry i also complain when the insiders sell > 16,500,000 shares in 9 months
so sorry for pointing that out..
Ill just celebrate CA going rec and the current pps of .30 lol
Well come on greens look what they did to the shareholder in the last 18 months.....
While they made millionssssss of dollars the pps is .30 and struggling to even hold that
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.
This is why the pps is a joke at .30
And why they will do a reverse split....to reset every thing..now how they conduct business after the rs remains to be seems.....
I have no loses and ill just gamble and wait for the 10 to 1 reverse split and ride the windfall or feds reschedule.
I would make alot more money doing that then flipping 2 to 3 times a year
I was just told not to post the link explaining to new investors about how TRTC became such a insider enrichment company at share holders cost...
Does the truth really hurt everyones feeling? that much? that you want to hide the facts ?
Cause there is no answer to financial facts? You now want to hide the truth from people?
I bet if i post fake positive news 10 time a day...there would be no problem lol
im sorry i even try to help unsuspecting investors...
I am like the only one left on the board...
well as much as i think Derek Peterson ( fake name because of his criminal sec past) is a criminal
He hired even smarter criminals that use every dirty trick in the book to fleece shareholders for all their money, but it is legal and they sure do toe the legal line.
The banks operate the same way...
Why would they want banking at this point? They get free money the current way and have sold >500,000,000 shares in the lat 1.5 years at no cost of their own. They did pretty well with out the banking and the bank loans. Unfortunately IT WAS AT SHARE HOLDER COST....HENCE THE PATHETIC .30 PPS
ITS FUNNY HOW PEOPLE CELEBRATE THE .30 PPS LOL
I GUESS NO ONE IS LONG TERN SHARE HOLDERS ANYMORE BUT ME
Lets see Michael Nahass do the same now...he has 35 million shares...
I think this locking of shares doesn't matter anymore... They already sold off 90% of all the shares.
There is like 1/10th left to play with anyway.
Its time to consolidate in 2018
Again it was for fun....but with 90 million in OS and about 50 million in rev
after a 10 to 1 reverse split....the pps would move in $dollars on any news not cents..
Sooo it is possible....
They do not have many shares to sell anymore roughly 88 million.
This link below will break it down for you
http://emerginggrowth.com/terra-tech-corp-otcqx-trtc-afraid-massive-stock-dilution-eroding-shareholder-value/
I was doing some rough math..and a very superficial mock evaluation for FUN.
Having TRTC doing a 10 to 1 reverse split at .30 taking the stock to $3 pps, and the OS count to 90 million
Then using Aphria's stats at with 138 million outstanding shares at $19 PPS, ALONG with 20 million in revenue.
SO if TRTC does a 10 to 1 reverse split on the current .30 pps( new pps $3)
It would take the outstanding shares count down to 90 million , and lets say revenue guidance for 2018 IS a conservative $48 million dollars.
Would it be safe to say with some news blitzes that the pps would soon be 1.5 x Aurora at $30 pps?
See that would work for me .....
With only 90 million shares left to sell...Derek Peterson needs to consolidate now... why keep the pps stagnate for another year. When everyone can prosper
odds are the pps will end as usual 10% better than the previous year for metrics and then be taken down
time will tell
Why are you sooo hurt by the truth? The story correctly points out why after all NV and Ca Rec live
"wait for this day/event" The pps is .28
You swore up down like a little boy....who's feelings were hurt when reading posts about
how bad this company is diluting and toxic financing to anyone willing to do so for pennies on the dollar.
They only have a few million shares left to work with ..lol watch what they do next ..lol
ALL YOU KEPT SAYING FIRST PART OF THE YEAR WAS "WAIT TILL NV GOES REC"
MIDDLE PART OF THE YEAR " WAIT TILL QUARTER 3"
END OF YEAR "WAIT TILL CA REC"
ALL THE WHILE THE INSIDERS SOLD ANOTHER 16 MILLION SHARES
ALL THE WHILE THEY SOLD 500,000,000 THATS 500 MILLION SHARES IN THE PRIOR 18 MONTHS LOL
YOU OF ALL PEOPLE SHOULD FEEL DEFEATED AND LIKE SOMEONE STEPPED ON
LOL
I KNOW " WAIT TILL 2019"
Oh and i agree MJNA if one of the worst companies to invest in long term. Ugly company.
Newbies read the financials below..avoid the rest
http://emerginggrowth.com/terra-tech-corp-otcqx-trtc-afraid-massive-stock-dilution-eroding-shareholder-value/
A buyback ..lol You know how shady and greedy this company is...lol come on man they would never ever ever do a buyback.
They use every barely legal dirty trick in the book to take every cent left on the table ...they do not care about share holders... come on man...
That is why they hire shady people to the board of directors....people that are experts of treading that fine line of legal and illegal way of doing business.
They are in this to take as much money as possible at any means possible and then consolidate to
sell out to the highest bidder....that has been the goal from the very beginning.
They never thought that this could turn into a real company.
They got very very very lucky that their scheme was bought into by the Nevada Senator's son..
Lets not even dig any deeper into all that...wink wink
Does .28 pps not confirm how they feel about shareholders worth? While they get filthy rich
Zen most websites put all kinds of disclaimers... The real point is that the article breaks down how the company operates and why it is a insider enrichment company that operated at a very very high level for a long long time.
It explains why the pps is .28
This company has no regard for its shareholders
history does not lie
Thank you for posting this....it shows how dirty Derek Peterson operates and what his motives are, and why this stock is not a long term hold anymore, and most of all why the pps is .28
I mean they diluted >500,000,000 shares in a year...its a wonder the pps even holds .28 pps.
The article breaks down in a very simple easy to understand way how this company is an insider enrichment con run at a very very high level.
At the end of the day all they care about is taking every dollar /cent at the current level, and leaving nothing on the table.
Why else do you think they do not spend their own money on things? CBIS buys 2 dispensaries in LA for nothing!!!!
They like to apply for permits in the outskirts of bigger metro areas because it costs them very little but looks good on paper...metrics
That day is coming close, and then just doing reverse split to clean up the books, and selling the assets to the highest bidder....
They even said so themselves..so it really is no surprise
They are not inthis for the long haul...
Blaze they can pay back 3 million anytime they want.. They have >15 million dollars cash on hand
The generate > $250,000 a day in business. They only do the toxic financing because they can...
They consider the common shares worthless so they convert or sell as many as they can for pennies on the dollar.
They are not going to leave any crumbs on the table before a reverse split..the insiders are greedy and dishonest people.
They do not have the shareholders best interest at hand
Watch how they do a greedy reverse split and just gift themselves millions of shares all over agin and leave all the loyal shareholders in the dust....
Blaze $1 a share is impossible to hold let alone $23 pps. Unless they did a 20 to 1 RS lol
laughing all the way to the bank
rinse repeat recycle is their game
Newbies hold on to your money until after they reverse split....unless feds reschedule in 2018
This year will be a financial wash like the last 3 years pps is back down in the .20's
If you want to know why and get alittle glimpse into the true colors of this company read the link below
Also do not fall into the potential trap with this company....just read the financials like warren buffet preaches...numbers do not lie nor does history
http://emerginggrowth.com/terra-tech-corp-otcqx-trtc-afraid-massive-stock-dilution-eroding-shareholder-value/
I agree MJNA is a crappy company. I learned that a long time ago.
But come on the outstanding shares went from 380 million to almost 1,000,000,000 thats 1 billion shares outstanding in 6 to 8 months !!!!!! That is why the pps is .28
They are diluting and agreeing to convertible notes to anyone who will except the offer.
They do not have many shares left to play with either....maybe 85 million....
guess what....thats when they will find the excuse to reverse split and do the ultimate
rinse reset recycle
So you see.... the whole preferred share ration and locking up shares for 10 months by derek are just
bait and switch tactics to make it look like they care about share holders
history and the financial number tell a different story.. finally someone writes about these people.
What do you find funny about that article ? It is what we are all screaming about and what any real investor on the bigger exchanges would be firing a ceo for doing.
Its one thing to use dilution as a tool to grow, but another to use it to line your pockets and buy new beach homes when you shareholders are getting robbed blind for 4 years straight with a rinse repeat recycle scam
CA and NV went rec pps is at .28 and dropping
There is nothing made up or funny
http://emerginggrowth.com/terra-tech-corp-otcqx-trtc-afraid-massive-stock-dilution-eroding-shareholder-value/
HERE IS THE TRUTH BASED OFF FINANCIAL NUMBERS NOT DREAMS
http://emerginggrowth.com/terra-tech-corp-otcqx-trtc-afraid-massive-stock-dilution-eroding-shareholder-value/
NEVER ASK ME AGAIN WHY IM PISSED OFF THAT THE PPS IS NOW .28 AGAIN
RINSE REPEAT RECYLCE
EVERYONE NEEDS TO READ THIS ......NOW YOU KNOW WHY I RANT ABOUT DEREK PETERSON BEING A CON MAN THAT DOS NOT HAVE SHAREHOLDERS INTEREST AT HEART.
http://emerginggrowth.com/terra-tech-corp-otcqx-trtc-afraid-massive-stock-dilution-eroding-shareholder-value/
Thank you mr elway...now move up in the draft and get a quarterback
I agree....this stock will never ever hold its value outside the range of .11-.51
That is why the will do a reverse split to get more control of the share count and pps
If they do not do this the pps will float forever in the range of .11- .51
WOW .28 pps mid January 2018 lol
Come on! Spin how this is not a insider enrichment scheme by DEREK OPPEDISANO.
Hey guys.... CA rec is live ......hello? you rally cried about that for a year. Yet the pps is .28
But everything is roses right? lol Derek is the best ceo, right? He performs well for the shareholder, right?
Any other company on the Nas would have fired this man.
You know why none of cheerleaders can admit this company is a joke? Because they are either paid to combat people who point out the truth or they are happy with just flipping this pos 2 times a year and buying back in at decent price.
I know
its jeff sessions fault ...sureeee
i know
Wait till 2020
There is hope , and you will get to .27 again eventually. You have to understand that Derek Peterson is running an insider enrichment plan at a masterful level, and he hired a true master in Michael James ( fake Name he uses) to run it to perfection.
They need to bring the pps up for 3 weeks usually from late December into the first week of January for metrics and to look good on paper. SO if anything at the very worst, come the end of the year the pps will run back to .40.
They need to keep the pps low to trick new investors to buy into the company. If they pps was still in the .51 range. No one would buy into this crooked company on the otc at that price range with a 1 billion shares outstanding and counting along with 750 million shares on the float. All while the insiders are selling millions of their own shares...which is public information
The financials just do not make sense.
DEREK OPPEDISANO ( Dereks real name that he hides from because of his shady past discretions) is suckering people into the fold based on potential.....lol All while he sells every share he has behind your back and expenses everything out to make sure he shows no profit.
There are a lot of facts that point to the insiders expensing things back to side companies they own a part of...which is really dirty.
The worst of all....is they are competing with you to take every crumb off the table. They put out a news story and sell before - during -and after ....they are filthy greedy criminals imo.
I got lucky and bought shares <$10 range, but unfortunately i was not able to buy too many shares at that high of a price...which sucked for me, but i knew they would consolidate once or twice before July.
I personally cant wait to get out of TRTC....I think Derek Peterson is creep and i robbing people blind
It is how you run an insider enrichment company
It is why you hire sec violators on your board of directors
It is why you hire a dilution/toxic finance king ( Michael James) on as your financial officer
It is why you sell all your common shares
It is why you pull your wife Amy out of the company and gift her millionsssss of shares ( hmmmmmmm?)
It is how you keep the pps low ...so you can constanty bring in new suckers.
It is also a very dangerous business...because when you steal peoples money and then go and buy a multi million dollar beach house.....and laugh all the way to the bank and basically spit in the face of shareholders.. its not a good idea
.29
I agree Derek peterson is a joke.... The pps can't even break out and hold .29 let alone >$1
Mean while the big 3 in Canada are all >$11 a share and they all have less revenue then us, and less upside toward the future.
They also have less OS counts somewhere between 175, 000, 000 and 375,000, 000 million shares.
But that does not justify $35 a share to .29 a share
Derek Peterson should be fired...he is joke
Please lol He changed his name because because he got caught and found guilty of financial criminal violations under the name DEREK OPPEDISANO... SO in order for him to start up an insider enrichment company and hide from his past criminal behavior and bankruptcies--->
HE CHANGED HIS NAME TO DEREK PETERSON to throw off the scent of smart people that actually research the past history of CEO's
Derek Peterson then goes on to hire
- Michael James ( Fake Name) - Who is famous for running a insider enrichment scheme with NRTI
He milked and diluted down the pps to .0001 He robbed a lot of people of their paychecks.
By the way. DO YOU KNOW WHY THESE 2 CREEPS CHOSE SUCH GENERIC NAMES? BECAUSE THERE ARE PROBABLY 1 MILLION PEOPLE WITH THE SAME NAME , AND THEY GET LOST IN THE SHUFFLE WHEN YOU DO A BASIC GOOGLE SEARCH.
PEOPLE DO NOT CHANGE THEIR NAME FOR NO REASON ! LOL
He bought you .31 pps and dropping, combined with more dilution and toxic financing.
While he bought a new beach front home, sold millions of shares, and gifted his wife (now a civilian) millions of shares to sell this year...so it doesn't look like he is the greedy villian.
HIS assets are making >$250,000 a day! and They have a huge cash pile in reserve
He is robbing you blind..... foolish