Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.
Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.
Now this TINY pos company trading at .299 WITH 1 BILLION SHARES OUTSTANDING AND 750 MILLION ON THE FLOAT is being compared to freaking starbucks lol
WHAT A JOKE.....LOL THIS IS SCAM TO ACCUMULATE ASSETS ON YOUR DIME AND CONTINUE TO DILUTE AND ADD SHARES ON YOUR DIME AND THEN SELLLLLLL IT ALL AT YOUR EXPENSE
I AM NOW CONVINCED DEREK PETERSON ( FAKE NEW NAME AFTER HE GOT INTO SEC TROUBLE) IS CON MAN
People do yourself a favor and do not buy shares in this pump and dump company.
They are doing it all over again...... They recycled the scam
1 week good for metrics and to bring in new suckers
Then the rest of the year to dilute and steal your money
Derek Peterson should be in jail
Wow whats next .18 again.....what a scam this company is turning out to be.
Great job Derek Peterson....criminal
Save all your excuses cheerleaders
- Looks like the whole industry is down
- great spot to buy cheap shares
- Wait till 2020
After all the money they took from us, and all the money they are pocketing through sales and expensing things back to themselves.
After NV and CA rec went live
THE PPS IS DILUTING RIGHT BACK DOWN WHAT LOOKS TO BE THE TEENS .28 AND DROPPING
WOW TALK ABOUT RINSE - REPEAT - RECYCLE
ON SIDE NOTE...LIKE HOW DEREK SOMEHOW PUT IN A SPIKE ( WHICH I NEVER SAW) OF .62 PPS SO THE METRICS LOOK GOOD AND BRING IN NEWBIES THINKING THIS POS ACTUALLY HOLDS VALUE LOL
WOW CA Rec and Nev Rec have gone live and the pps is now dipping to .31 possibly into the .20's
Dilution Dilution Toxic Finance Toxic Finance Keep dumping Derek Peterson
Yet they are making > $250,000 a day with 15 million in the bank and counting , and Prob > 38 million in rev this past year.
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 .31 a share
Derek Peterson should be fired...what a joke
I agree Derek peterson is a joke.... The pps can't even break out and hold .34 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 .33 a share
Derek Peterson should be fired...he is joke
Man that article makes me sick to my stomach. What a double talking dirty politician.
I swear everyone from that generation disgusts me. The way they treat the environment, woman, equal rights, the list goes on and on
FIRST of all it is not rec legal in Canada...there is a vote in July.
Second- In USA 65% are in favor of rec marijuana.
Third - Those companies do not even generate the revenue to match trtc
Forth- I know they have lower os counts..but come on man .33 a share
Fifth- $11-$35 range for those stocks and Derek cant perform better than .33 a share really?
SO is your daily "cheerleading" when the company is failing. The wait FOR this "day" or "event" getting old?
The best Derek Peterson can get this company to perform for SHAREHOLDERS is .33 ?
Really?
Stop making excuses for this company....its one excuse after another .....
i know
Wait till 2020
Thats why your sheep....people need to rise up already....
.33 a share really? After all the big events this forum has pumped up in the last 2 years lol
After the almighty CA rec we are at .33 a share?
IT HURTS YOUR FEELINGS WHEN YOU READ THE TRUTH...SO YOU EITHER ATTACK ME OR TELL ME TO LEAVE THE FORUM....
CAUSE YOU CAN'T HANDLE THE TRUTH-----( AFEW GOOD MEN REFERENCE LOL)
You know i am starting to think thats a major part of this equation also.
This company has squandered its credibility to bigger investors and people in the industry.
First they hire known sec criminals and insider enrichment people to their Board of directors
Then they lie about having issues with IVXX before the quarter release, but made sure they sold off their shares before the financial release..which " surprise " had terrible numbers!
Derek gifts his wife Amy millions of shares and then she is not even part of the company anymore?
Why is he sheltering her with millions of shares?
How the hell is the pps .33 ? after all this time? They are multimillionaires now...set for life
The PPS is .33 ? Really Derek? But Canopy growth is $35 dollars? Aurora is $11 and aphria is $20
I know their share count is lower than trtc... in the range of 172 million -to - 371 million shares.
But come on Derek Peterson or should i say DEREK OPPEDISANO, MARTIN KAUFMAN, SALWA IBRAHIM , AND AMY ALMSTEIER
The best you can make this company perform after all the money you got from shareholders is freaking .33 a share.
You should all be fired ---> criminals
Sorry, I am just annoyed that the pps is dropping from .62 to .33 after CA rec went live? Really?
It seems it is setting up just like the last 3 years...and on top of it the company is radio silent about everything going on?
Its like they don't want to succeed for its shareholders...
2018 Is sure starting off like the last 3 years. A tiny pop in the first week, and then its diluted back down to a price that invites new customers to invest based on " Potential"
Mean while the insiders dilute the hell out the PPS the rest of the year and take on toxic financing to anyone willing to give them money at pennies on the dollar.
The insiders have enough money to not need toxic financing anymore....
The only reason why they would do it ...would be to take advantage of the shares still left to them.
They know that they are going to consolidate the share count and authorize more shares to themselves
Shares that are actually worth money! SO why not sell everything before hand..
Every other stock or fund has rebounded but yet trtc keeps going down...because no one will buy this stock at higher price points unless it was on news flash to flip it in 24 hours.
It just sucks to think they are actually setting up to rinse reset recycle of 2015 2016 2017 all over again.
I mean they cant put out some news on any of the projects going on or new adventures? really?
Why do you guys think so? BECAUSE THEY WANT THE PPS TO GO DOWN...TO BRING IN NEWBIES
THEY STILL HAVE SHARES TO SELL AND DILUTE...REMEMBER THE MANTRA " LEAVE NO CRUMBS ON THE TABLE" FOR ANYONE
What a disappointing follow up to the little pop in pps going into 2018.
Derek your a terrible CEO....the pps is freaking .33 now really?
While Canopy Growth is in the $30 dollar range?
Derek whats going on with the company?
Any news? Any advancements? Build out progress? New assets?
Derek Peterson needs to be fired. He got the company to a certain point with fast talking and quick deals
I think trtc needs a real CEO with experience who has been there before
You make a good point
Lets see if today we can finally break a pathetic .40 a share, and hold the value for once...
Come on Derek, at this point its embarrassing compared to other industry leaders
.36 a share? really?
Well on the last conference call Derek brought up canopy growth and their big alochol deal for 275 million dollars, and was kinda in a indirect way comparing our numbers to theirs, and said he thought when things change in the usa, he anticipates an explosion and major blow up in the pps just like up north.
If you believe in the company and that they will have to consolidate soon, and want to consolidate soon to clean up the books, look good for possible merger, and or bring in bigger investors. Oh and of course uplist in the future. I know alot of ifs lol
So if you believe thats the direction. I would buy as many shares as you can now. This way when there is a consolidation. You will have enough shares where you wont be in the position of having to buy back in at whatever the new prices will be.
This is only a tactic for someone looking to gamble and maybe hitting a home run. If your a flipper it doesn't matter what the price point is
TRTC will prob be sold by 2020..I know Derek says he is open to that suggestion if the deal is right for them.
But back to your question...most longs with >100k in shares would rather have had the company diluted less and grown more organically and have the pps reach $2.50 naturally alittle slower.
Then having 100,000 shares at $2.50 = $250,000
if you had a 10 to 1 rs at say .25 ( which i hope only a 5 to 1)
Your 100,000 shares at .25 -> rs = 10,000 x $2.50 = $25,000
SO its the difference of buying a new house and a new car.
And usually a RS dips in value after the first day...Maybe not the case in this new industry, but who knows? right?
I am profitable with about 90% of my shares at something like anything over the .08 - .17
My point is that i could have used my money in other areas and done better, again my fault.
But i just do not know whats going on with these guys...
- they are radio silent
- Other companies that have less revenue ...( and less OS count) are in the $11- $34 pps range?
Come on .358 pps ? really?
I don't know about you guys, but as a long time holder, not a flipper. I am kinda disappointed that after all that has been built and set in place, and is now running. After CA and NV go recreational.
The PPS is .36 ?
This sucks
But the big three in Canada are breaking records at $34 A SHARE?
DEREK YOU CAN'T RUN THIS COMPANY TO MAKE MORE THAN .36 PPS FOR THE SHAREHOLDERS?
REALLY? EVEN AFTER (HOPEFULLY DEPENDING ON 4TH QRT) 38 MILLION DOLLARS IN NEW REVENUE THAT JUST CAME IN TO THE COMPANY?
Thats all great, but who cares about the news when the pps is a pathetic .36 a share.
Taco i am not predicting the day and time....i'm saying the pps will not fly north like other big hitters in the industry that are >$10 PER SHARE, because trtc has 1 billion shares outstanding and almost 1 billion shares on the float ( 771,000,000).
The PPS will always hover around the sub $1 until they consolidate.
The other big hitters with big pps have anywhere from 171 million shares to the highest 371 million shares outstanding.
It TRTC does a modest 5 to 1 split and keeps growing while policy in usa changes.
There is no reason the pps does not reach the $10 to $25 pps range.
It is a no brainer for the insiders.
Man this thing is having such a struggle to break .40 and hold its value.
Open your eyes buddy lol There are 1 billion shares and counting outstanding lol and approaching 1 billion on the float. They are only at 38 million in revenue ( depending in the fins of 4th qrt) lol
Oh and they have sold most of their shares aside from Nahass and Dereks wife Amy.
They are going to consolidate sometime within the next 12 months.
If they time it right and use the right ratio 5 to 1 ......it will be good for longs and inside management.
Your wrong ..he mentioned it many times, and would consider consolidation if it offered a good opportunity.
Such as up-listing or a merger/partnership
First of all i hate reverse splits...lets get that out of the way lol
But at 1 billion shares outstanding and a huge float.... -> it seems consolidation is the answer to get out of the .11 - .45 pps dilution cycle we have been in for 3 years straight ( give or take a short spike in pps )
I would love just a 5 to 1 reverse split....for the 1st round....
I think the pps would skyrocket if revenue keeps growing and they consolidate the os count alittle.
I never say stuff like this, but if they did that....the pps would be $15 real soon.
Why is everything in the red now? DId i miss some news?
Is it just me... Or does it feel like there is a uneasy silence going on now from trtc.
They are getting radio silent for longer periods of time, and most of the news that comes out is basically just about presentations
They must have a lot going on and are just stock piling news......when is the blitz coming?
I do not see the pps >$1 until they consolidate.... They will use the tools that brought them to the dance.
-Dilution
- Toxic Finance
Until they have to answer to partners gained from possibly a future merger.
It will be very interesting to see 4th quarter results... to see if they beat the 38 million 2017 forecast
Also it will be interesting to see what their 2018 revenue forecast will be
I am guessing 48 million
Impossible..though i wish you were correct
The reason why it will not.
- 1 billion shares outstanding and a huge float
- Toxic financing
- Not a very large footprint in CA yet.
DO not be fooled by the 2014 >$1 It was able to run high and fast because of the LOW SHARE COUNT
Pretty hard to run when you have 1 billion shares...
I mean theoretically it could happen, but in all likely hood it won't until consolidation.
Again i wish this pos could move north and hold value, instead of .07 up .05 back.
The reason why is because
- 1 billion shares outstanding and a huge float
- Toxic financing
- Not a very large footprint in CA yet.
- The Canadian big three hve low share counts and their government supports legalized Marijuana
come July
I never said that to you...you must have misunderstood something i said in the past.
The next 14 months will be a hell of ride.....They are setting up Sessions to resign, and he most likely will welcome the idea.
Today was a good comeback..its not back to .50 but some good news and update from Derek might do it.
I have never been more disgusted with our government.....
They do not listen to the people who voted them into office....
I'll never vote for anyone 60 or older again....they are just too out of touch and set in their ways.
They also owe their souls to the corporate machine....trading favors for fluff jobs when out of office...
Trump was nothing but a lie....He is being manipulated like a puppet by the big machine...
He is trying to play the game with people who invented the rules.
Sad.....
It would take years if not at all, to ever reach >$1.25 a share. It has a hard time holding .40 as a bottom.
Can you imaging when there is 2 billion shares outstanding
The only reason it ever hit that 1.40 in 2014 was the os count was very low then and the pps could be manipulated easy up or down
Once you start having 1 billion shares and counting...it gets diluted
They will consolidate for up-list or merger according to Derek. So if a big company wants a piece of trtc
Like what happened to canopy growth....10% for 275 million...well then they might want the books cleaned up a bit beforehand....this according to Derek on the last call.
Its coming sooner rather than later, and i have come to accept it...especially if its like a 5 to 1 consolidation the first round. That would make everyone rich and happy.
The reason why the canadian big 3 popped was not because of revenue and stats. It was because of the national rec laws changing and the LOW OS COUNT
CLEARLY THAT STOCK IS NOT WORTH $28 A SHARE LOL BUT HEY GOOD FOR THEM
FYI these canadian stocks are way over valued now. They will be taken down hard before july 1st
I recommend you all jump on the big 3 when they do...and of course sell after july 1st
It will be a good flip
The best scenario after this sessions thing comes to some sort of agreement. Is for the stock to reverse split at hopefully a modest 5 to 1 ratio
Then the pps will move into the canopy growth value. Derek has said as much on the last conference call.
He knows TRTC generates more revenue and has a better footprint, and has way more room to expand then they do....sooo when the time is right....this will explode like derek said.
Its just really hard waiting around for so long
Thank god we are out of the 20.s.....i swear if we started going back down to the teens again...i was going to blow my lid , and prob rant all of my allotted 15 posts in ten minutes.
I guess like the one poster previously mentioned....this news puts pressure on congress to make a move.
Maybe in the end it will be a good thing
Wow this might hit .18 again.....take us all the way back to zero. I am sure Derek would love that lol
He can blame the feds. The insiders are going to take advantage of this current situation.
glad everyone is in such a good mood after the stock went from .62 to .28
shows how little people are invested in this stock...no one is upset
How did i get into this mess lol
patience i guess is a virtue
Where do we all go from here? Its like starting from zero all over again....There was only one more big event to ever rally the industry or should i say trtc. That was CA ee and feds rescheduling...
this year could not have started any worse..could be another year in limbo...sucks
Man what a fall .62 down to .287