Retired
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.
If it doesn't meet quality standards it's still sold for a profit, maybe under a generic label...
Why don't you ask the company?
Wrong, the ownership percentage was set that way to qualify for the NV licences.
Next....
To ensure quality control on IVXX extracts, it would make sense to use in-house tested product for your "flagship" concentrate. IMO
Licenced Medical producers, last time I attempt to educate you. Do your own DD.
I'm sure to meet capacity, IVXX is using multiple raw product suppliers. Thankfully NorCal has some of the best product in the world.
Colorado's better, sorry some state pride....
Incorrect and not my job to educate you....
I think you're trying to explain revenue streams of vertical versus horizontal business models.
btw, enjoyed the chat, it's nice when everyone plays nice.
The math matters, and there is a chance the financial dust never settles.
Enjoy the risk, not the ride...
But we haven't had much good hype lately....the hyperbole on both sides cracks me up.
TRTC to me, is like watching "reality" shows are for the general population. Hobby.
You should have seen the worthless paper I used to play with... I like a few riskies in portfolios as win or lose to offset a capital gains or a surprise winner.
I have a low IQ...don't ever listen to me!
167... ;)
Precisely, I know the game and can take wild risks.
Neither of us knows for sure the timing of the next zig or zag, but perpetual negativity get's old.
Peace!
There is a distinct difference between "Capitol" and "Capital"...
I used to solicit PIPE's to Reg. D clients like myself.
As long as you understand the risk, play the game.
I never said an asset will offset financial need, you did...
Read, learn something, then do the math.
If you don't like venture capital don't invest in it or spend time talking about it.
Next....
Those speedy guys on bikes ship the weed around Oakland.
Now that's some creative math...
Does math really matter on the OTC...?
This is OTC, real financial analysis need not apply.
Venture capital either you know it or you don't....
Thank you even better to have that asset outside of the non-profit LLC.
Good point!
Did you know the directors actually control the company and like 90% of the voting power too.
OMG... wow!
Now that we can agree IVXX LLC and all of it's equipment and goodwill (brand) will be an ASSET on the balance sheet. As this asset grows on the balance sheet via internal growth as a NON-PROFIT all things remaining equal the shareholder equity will increase. The liabilities are set in place via convertible notes are a fixed cost of stock. HOWEVER, the asset side of the equation is growing. Thus increasing shareholder equity.
Shareholder equity more than doubled from 2013 to 2014, but, but, but, the debt...blah, blah, blah, dilution.
Total Terra Tech Corp. stockholders' equity 2014 = $1,568,288; 2013 = $83,487
Well...
If TRTC starts hitting on all cylinders the 100 million shares that could potentially be diluting into the float...as per the various filings... could be sucked up like crazy and have no negative impact on share price in spite of the increased supply from the converted notes.
OTC is a popularity contest and TRTC is getting dressed up.
Now that we can agree IVXX LLC and all of it's equipment and goodwill (brand) will be an ASSET on the balance sheet. As this asset grows on the balance sheet via internal growth as a NON-PROFIT all things remaining equal the shareholder equity will increase. The liabilities are set in place via convertible notes are a fixed cost of stock. HOWEVER, the asset side of the equation is growing. Thus increasing shareholder equity.
Shareholder equity doubled from 2013 to 2014, but, but, but, the debt...blah, blah, blah, dilution.
Well...
If TRTC starts hitting on all cylinders the 100 million shares that could potentially be diluting into the float...as per the various filings... could be sucked up like crazy and have no negative impact on share price in spite of the increased supply from the converted notes.
OTC is a popularity contest and TRTC is getting dressed up.
I want to change my nickname to CB2 receptor potential.
;)
Well hey man, we cross paths again!
Is it not everyone's differing perceptions of value that makes trading and investing interesting?
To me it is, but I've always liked biotech.
They trade on hope and promise too...
Thus use worst case of 350,000,000.
Like I said, it's all accounted for...
Your point is?
I'm a retired financial professional, no need to explain to me.
Thanks
Outstanding Shares 212,740,713 a/o May 06, 2015
Source OTC Markets.
Expect 100 million shares to potentially hit the market in well documented tranches.
A/S = 350,000,000 authorized, most of it accounted for.
Your question should be answered next week.
Nailed it....
Learning preservation of capital the hard way.
Live and learn
MJNA will NEVER be a good investment as currently structured!!!
Need to be halted and anything of value sold off.
Assets may take time to be recognized in any companies PPS.
Welcome to the stock market and perceptions of value.
http://www.investopedia.com/terms/a/asset.asp
Find a "new girl" to kiss...IMO
MJNA has some cool stuff in their stable. But, unfortunately won't survive as currently capitalized and corporate structure.
It will be interesting to see what pieces the vultures will want to buy.
The potential of what MJNA could have become is really bumming me out...
Can the brands an infrastructure be salvaged?
If was a vulture capitalist, what assets of MJNA would I want to cherry pick?
Thanks
Thanks Doc K.
It's worse than I thought... that actually bums me out...
OMG really? thanks Doc K ...
I thought that was the big deal of the acquisition...right?
Sorry, sector is a hobby.....
Thought, could Kannaway just walk away with their patent licence?
Or is the deal done to be entangled with MJNA?
Thanks
Now I actually feel bad for the bagholders.
IF MJNA had the right people and ethics in place, it so could have been a contender.... A BLACK EYE on the entire industry!
Not even fun to make fun of anymore...
Thanks Zippie, just trying to add a little balance and perspective.
The risk/reward profile just improves with time... especially as the dilutive phase is more set in place and known (if you read the filings), positive news should be reflected in PPS.
OTC is a popularity contest, people need to understand that....
As some say, "enjoy the ride"....
Is IVXX an asset on TRTC's balance sheet?
IVXX,LLC is an internally profitable asset owned by TRTC.
A profitable asset is a profitable asset, even IF the the profits are reinvested in the asset for growth as per the non-profit rules of California.
Think it through....