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Well, my perspective is of the future, I live in Colorado. Employers and doctor offices have stopped testing for THC, as it's 100% state legal.
I have never worked at a job that asked for a drug test, but my positions are upper executive or higher.
If THC does become an issue, their partner's can extract only CBD for those draconian states.
IMO this is not an issue.
Dr. kevindenver PhD
Exactly Rickylane, TRTC is a play to revitalize the American farmer.
I get that "Edible gardens" is currently not able to pay it's own part of the "bill", it will soon. Veggies are low profit margin crop, but TRTC has added new more efficient systems and will be at a critical mass to be profitable soon. IMO.
Eat your veggie!
Dr. kevindenver PhD
Please explain your drug test concept as it would negatively affect all medical cannabis companies.
CBD only products have very limited application in my extensive medical cannabis experience.
Dr. kevindenver PhD.
Drug Testing is not an issue.... and would relate to all cannabis companies....
Required drug test are a thing of the past.... prohibition is ending!
Thanks Sleek, so we've already got parts of the OTCQX uplist requirements for TRTC in place, NICE!
I know OTCMARKETS tier system, but I really hope it "cleans up" the venture capital space...
IVXX Trademark Search link:
Source: http://www.uspto.gov/trademarks/index.jsp
The current user of IVXX is registered and allowed to use it on:
IC 025. US 022 039. G & S: Apparel, namely, T-shirts, shirts, shorts, pants, sweatshirts, sweatpants, jackets, hats, visors, shoes, sandals, dresses, skirts, underwear, socks, bathing suits and belts
"IVXX Elevate" as a trademark has only been requested by TRTC
"IVXX" for other uses does have other applicants.
I appreciate the request to re-review and clarify/correct any statement I make.
MonestHind at least you present the negative case for the whole sector about equally....
Very bad news for MJNA and it's 5 Billion A/S, 1 Billion now outstanding, so much for the "management imposed" O/S cap. Bwaaaaa!Such liars!
Management provides zero material information and hides the truth. I would not trust MJNA management after this little gem.
www.seekingalpha.com/article/2767885-roen-ventures-wins-summary-judgment-in-its-lawsuit-against-medical-marijuana-inc
Well it's even worse for "the other company" if it gets halted as next step down is the GREY market... They will be lucky to get $.05/share.
The smarter investors will start seeing the light after they read that SA article regarding the non-disclosed convertible debt and realize they were duped big time. They will come to the TRTC side, begrudgingly for "the other companies" diehards, but if you want to be in the sector, you have to invest somewhere.... TRTC is currently the best play. IMO.
There is NO Trademark or Servicemark issue. The only other "live" allowed users of IVXX are for specific products only!!!
"IVXX Elevate" is solely owned by TRTC.
Don't let them lie to you see for yourself:
http://patft.uspto.gov/
Sleek I give you until 2017, OTCQX is a much less expensive option and will allow for more institutional investment. That said, I hope you're right and I'm wrong.
Precisely why non-reporting PINK sheet stocks should be avoided at all costs. I too expect that "competitor" to be halted soon. A company can get away with a lot of financial shenanigans on the pink, but non-disclosure of material events should be an issue.... that competitor has 1Billion shares outstanding with 4 Billion more to issue per it's A/S count.
TRTC is fully reporting to the SEC and not a PINK, it trade on a tier above called the OTCQB, and will probably be able to uplist to OTCQX soon, I don't see any other uplisting for a few years. IMO
There is no such thing as an afterhour quote on OTC...
All market makers pull their quotes from the system at market close.
The quote below actually shows a crossed market, a no-no in the system, why because it CLOSED and the quotes are not LIVE. GAWD!!!!!
After Hours: 0.255 -0.025 (-8.90%)
Dec 12, 4:35PM EST FACT !!!
There are no after hours quotes on TRTC, if a Form T trade was reported after the close we all would know.
The close on 12/12 was the "real" close.
Interesting Sleek, I was traditionally trained, but I to have much more success trying to apply my 1st love of Anthropology/sociology to investing.
What I call a "story stock" is much like your "imagination stock"
People need to be forward looking to succeed in any venture capital, public or private.
This board is lacking "Imagination"....IMO
Question to many investors...
Please explain your aversion to venture stage companies using the capital markets as they were created to do?
Honestly, if this is an issue for you, maybe you should stick with S&P 500 and listed stocks instead of venture capital companies.
It TRTC continues to execute, the company SHOULD expand their capital structure for future growth.
Many people here are only looking backwards, with a misplaced disdain for how venture capital works.
It was determined back in Feb of 2014 based upon the price at the time.
Read it, you'll find it...
Well Doc K you best re-read the S-1's
I thought you knew this company inside and out...
Thanks
Why is using the capital markets to raise capital such a problem if the company is legit? You should assume full 350 million shares as your worst case calculations for venture capital. Unless there are known plans to increase the authorized share count.
Right?
Thanks for the definition of a death spiral DOC K, but doesn't TRTC have a conversion price floor thus not as toxic as some companies?
Thanks
Very good point Big Chief, are you trading this on technicals, the hype, or both? I did like your comment to buy on strength, too many people think they will "pick" the bottom, but all they get is stinky fingers.
People used to think I was crazy to use buy stops to catch an uptrend...but it works.
GLTA
Good post, the field has narrowed since Jan 2014, Besides the "big pharma" plays only TRTC is really last man left standing. People here also should be using FULLY diluted share counts. The bond market requires brokers to present the worst case i.e. yield to call...it should be assumed all shares authorized will be required to execute on the licenses.
You read my statement slowly, this is a fully diluted figure. Stop distorting the facts. I cut and pasted directly from the 10-Q.
Let me guess, you probably think an accumulated deficit on a venture stage company is abnormal....
The current FULLY DILLUTED share count IF all shares were converted to common is:
As of October 28, 2014, there were 284,470,662 shares of common stock issued and outstanding, consisting of: (i) 189,648,936 shares of common stock; (ii) 100 shares of common stock issuable upon the conversion of all our currently outstanding shares of Series A Preferred Stock; (iii) 79,418,799 shares of common stock issuable upon the conversion of all of our currently outstanding shares of Series B Preferred Stock; and (iv) 15,402,827 shares of common stock issuable upon the exercise of all of our outstanding warrants.
"Short and distort" did you make that up? I like it.
Today was one of the lowest % of trades marked "short" in a long time.
http://otcshortreport.com/index.php?index=TRTC#.VGVG0_nF-Sq
Thanks Dicky, haven't had time to keep up, but read a few, fight the good fight my friend!
Be well!
Sorry only have public posting...
So true, people have forgot what investing is supposed to be, great volume here today.
I haven't been keeping up here, has today been called an unmitigated disaster yet? Great indicator....
Sleek, being on REGSHO is neutral, but don't spin it as positive.
Being on REGSHO means a lot of stock was sold but not delivered in time for settlement.
I disagree with that comment.
Today we are hero's or fools...
JoeRoganFan, exactly, if you're still long, be prepared to be a hero or a fool!
What a long strange trip it's been! Who will be heroes and who fools?
Little lesson for ya, stocks undergoing dilutive financing do not have short squeeze's.... as there are always new shares to cover. So drop that drivel.
Yes, TRTC is putting together pieces of their puzzle, I'm hopeful financing will not be of much issue if they get the STATE licenses.
The potential is there, but can they execute the plan.
Cautiously optimistic...
Agree, it resolved to upside, but looks ripe for a bum rush on the bid.
Locked mkt at .35....hmmmmm
To shamelessly paraphrase a reliable source, think of today as the pre-match weigh-in.
Today we get to see more stats and hopefully approval to go to the prize fight! So to some a little deal, to others a big deal...
A positive step in the right direction nonetheless.
From the NB website: This year we have introduced a new line of herbs and vegetables under the new brand called EDIBLE GARDEN.
So another sales channel.
I believe Naturally Beautiful (NB) is the private company owned by the VandeVrede family, I think Ken VandeVrede's dad. Ken is TRTC's COO.
There have been rumors of TRTC buying this company.
NB is profitable and would be an accretive acquisition for TRTC.
Edit: Saw this on the NB page; "This year we have introduced a new line of herbs and vegetables under the new brand called EDIBLE GARDEN."
Thanks TM, 20 years in the biz and never had to call a transfer agent... Wow, Marilyn is very nice and helpful, but really can only give out approximate shares outstanding (O/S).
And, to get shareholders of record and/or Authorized Shares Outstanding (A/S) you need to contact the company.
She mentioned that they need to run a report for holders of record, so not a readily available number btw.
Hi TM, does the transfer agent have updated # of shareholders of record?
Thanks
I'm not a penny stock expert by any means, so this is a bit new to me.
I normally only trade stocks on the big exchanges with lots of volume, so I find it difficult to get in and out with the position sizes I'm used too trading. A bit frustrating to not get fills on such low dollar volume trades.
STEV looked interesting and was operationally profitable, and not on everyone's radar yet.
Even better, this IHUB page isn't filled with "shill" post ALL day.