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Anytime DP goes on a media blitz that’s your sell signal.. Bloomberg and all that a month or so ago stock runs to 1.4 insiders sell warrant holders sell stock back down to .5’s open house .. stock runs up S-3 filed
When he needs more cash he’ll call on the media to do his thing and you guys can buy from him
anyone who would post a gap up on a S-3 filing clearly does not understand how the market works
Whats the cash burn rate
anyone know TRTC monthly burn rate
get in line I was confident before but with the latest filing its easy to predict
but by the post I read I'm not surprized some think different
at what cost.. you guys always forget about the cost that 1mil/acre comes at a big cost don't forget that as soon as you guys stop focusing on revenue and focus on the cost of business you will have a better understanding of what the future hold for you nothing is more important than operating profit and cash TRTC is a long way away from a operating profit and cash flow positive until that happens no $1 cause they will have to dilute to expand grow and anything else they wanna do dilution depresses the stock price as you will see on Monday
why beacuse no matter what TRTC does 2+2 is always 4
and they have to report those #'s so unless they do math differenty so 2+2=5 good luck with that
when Q1 is reported they better do > 1.5 mil or watch out below
you will not see $1 for this stock at all not for 2014
incorrect if the company is worth $1 with 10 shares then when the share count doubles for example the shares are now worth .50
this dilution is to be able to sell and get money to keep the lights on pay the daily bills period
S-3 not for expansion its to pay the bills.. get used to it its not the last time they will file a S-3 in 2014
by the end of 2014 the float will be approaching 500mil if not more
for TRTC shares = cash they have no choice but to pay for everything with shares because they have no cash thats why no salaries, no cash for salaries thats why EG was paid for with shares grow op with shares M Nass with shares everything no cash this will continue until they get cash.. EG brings in cash but at a very high cost 4% margin not enough for day to day
think of it this way you have a debt on top of that your bank account has a couple dollars in it less than 1% of your debt ..it cost you $100/month to live and pay bills you make $85/month this has been going on for months and will continue for the foreseeable future.. gotta make it up somehow. thats the challenge they face the cost of business and how to pay for it
Dilution is fine if your company is cash flow positive and you do a secondary for a capital project. You do it so you don’t empty the bank account you have the cash for your project all the while staying cash flow positive. You amortize the costs over time better for the balance sheet This dilution by TRTC is to run day to day ops because they are cash flow negative. Cash is king that’s #1 they will have to continue to dilute to keep the business running.
Growing revenue comes with a cost. So as revenue grows so do the expenses.the cost of that mil/acre could be 700k. That same guidance of 7mil, is now calculated not against 146mil shares but 190mil or 225 whatever the count will be at the end of the year. So for example if at year end 2014 the stock is worth $1 with todays share count if the share count is double all things being equal the stock is worth .5 Which means it is now harder for the pps to appreciate. Also more supply (shares) needs more demand buyers) for the pps to rise. All dilution is not equal
This dilution is better than convertible debt with convertible debt you have to pay the interest and you have less control over the selling of shares plus many other factors
these pennies are all alike when it comes to financing the ops..
Lower highs lower lows last week between .9 and .7 this week .7 and .5 next week ….
You guys paying attention to the volume on this rally
if this stock was worth a $1 thats where it would be trading its trading for what its worth not what you think its worth every PR is priced into this stock
MKT CLOSED FRIDAY... WOW you guys call yourself traders/investors and don't know this ... been going on for years
ok just keep posting that like you been doing and keep wathing the stock drop by your own post on MAR 14 stock was 1.4 today it is .68 and droping... yeah thats a real strong indicator you sure you know what you looking at cause the stock price does not support what you are posting
but stock going down not up you reading it backwards
have you noticed todays volume compared to the sell volume the past few days.. sellers letting the hype pump the stock so they can sell a little higher
#'s say price still to high DP is a pumper smart invetors don't buy based on words
but today's rally is back to selling tomorrow
7mil for 2014 with a loss + plus warrant selling = <.5
These rallys are getting shorter and shorter they can pump and buy meet and greet all they want the stock will trade of the #’s 7mil for 2014 with a loss
EG alone puts stock at .2 -.3
You can’t have it both ways .. it was up because of the anticipation of MJ without it doing 7-10 mil with those margins this is a .15 .20 stock
the devil is in the details of the deal my friend. mainly the conversion is not at a fixed price which is why the put warrant to cover the holder in the event of the price declining
will be in the .4 soon not today but real soon
unless you want to keep losing profit
lol don't catch the falling knife yor name fits you see ya downstairs
there is no MJ sector its a fallacy created to take your money..
when the feds ok it these companies will cease to exist anyone can plant a seed
they are going to burn through that 3mil in no time.. then guess what gotta raise cash again another convertable
the meet and greet ain't changing the numbers 2mil for 13 with a 6mil loss 7mil for 14 with another big loss mkt cap of about 80mil for 7mil in revenue and a loss.. i don't think so
i think it wil settle in the .35 .5 range they are diluting the stock right now.
the 3mil is from conversion of warrants .. for those who did not beleive when it was being posted. so warrant holders have many millions of shares to sell
Its going down because the share price does not match the numbers. You can put out vauge general PR’s and get a pop but you can’t hide the numbers the share price will be much lower based on those numbers it’s just that simple
LOL good luck with that
I'll meet and greet you at .5 after Q1
just a matter of time before its back to .3 to .5 they do 600-800k a qtr with huge debt and no cash the numbers don't lie
notice today PR or any PR why not detail the size of the order its probably because it not a signficant order
same reason no PR for Earnings you don't PR bad news
When I was young and dumb I used to invest in pennies instead of trading them there were posters who would say better sell while you have a profit it will be gone soon I would hold and watch my profit disapear now I’m older and know whhat I am doing sometimes I try to be that poster
This is not about PHO* being in the MJ sector.. it is mostly about the financing deals DP made. this is all dilution warrant holder held accumulated it in the .5s ran it to 1.4 sold all the way up then started converting now they have many many millions of shares at a deep discount and will sell them all.. btw they still have more warrants. So get used to this
warrant holders back to converting and selling
here comes next leg down