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Its a bait and switch sleeper....strategically done... to give false hope to dumb investors.
All the while the PPS is almost into $1 dollar range.
Just like the silly share lock up ...after the completed selling off 1 billion shares and took on new toxic fins lol
Then to make matters worse...after the the reverse split...Derek Peterson takes on $40 million in toxic fins lol
I mean open your eyes...be honest and admit things are bad
Just man up and admit this stock is tanking....forget about woulda could shoulda as you say
The PPS is tanking and slowly bleeding for months.
Everyone is losing but Derek the criminal.....
New investors and bag holders are all getting slaughtered and you and ac want to promote this Company.
Things could have not turned out worse-> post 15 to 1 reverse split
They are not going to have i billion in revenue...like you all think....hell they only had 13 million lat quarter..lol
These over paid small companies will not produce anywhere....anyyyyyyywhere near 1 billion in revenue
Add to that the competition coming their way lol expect less revenue
$1.98 price per share was today's low....dam Derek Peterson is stealing everyones money.
Whats mondays low going to be!!!!!!!! $1.06 ????? This is getting crazy.....DP is making millions of dollars...millionsssssssss
Yet his shareholders are on life support....
FU Derek Peterson
WOW $2.15 a share? what is going on Derek? You sell 1 billion shares, once that was done you approve a 15 to 1 reverse split, but no up list or big merger? Basically you lied to share holders.
Then after all that you immediately do a $40 Million dollar toxic financing deal?
The PPS the day of the reverse split was >$5 a share now it is $2.14 !!!!!!!
Thats .14 pre reverse split value ....DAMMMMM ITS GETTING WORSE
All of this after Nevada has been recreational over 1 year and California has been recreational more than 6 moths!!!!!!!!
Hunch Aurora is losing big time.... The price per share is down in the dumps in the $6 dollar range and the CEO is about to freaking dilute another 400,000,000 shares with his next purchase!!!
So now they will have close to 1 billion shares diluted ...lol How is that good lol
The market cap is 10 times the size it should be based on the current financials lol
They are pretty much trying to buy revenue, instead of build a company from the ground up/
Hense why they over pay for all their assets...
The price per share will be in this $5 - $8 range for years..... its low enough to bring in people that think this company will rise to canapys level( which it will not) because of share structure and revenue/expenses
And this price range will keep bag holders hoping for a run..which never happens twice
Ac this thing almost hit $1 dollar range today.....Post reverse split!.... thats .15 pre reverse split!
Things are just not working right for trtc. They talk the talk but the stock is not performing well at all
Anything could happen now...theres just no telling anymore
AC stop always trying to cover your arse lol
NOW YOUR SAYING THE 2ND AND 3RD QUARTERS DO NOT MATTER LOL
LISTEN TO YOURSELF MAN....LOL
LET ME GUESS ONCE THE NUMBERS DISAPPOINT OR DEREK MAKES ANOTHER EXCUSE...
YOUR GOING TO MAKE YOUR 100TH EXCUSE AND THEN SAY WAIT UNTIL
2020 LOL
LETS MAKE A BET.....IF 4TH QUARTER DISAPPOINT AND THE PPS IS STILL CRAPPY
YOU WILL LEAVE THE FORUM WITH LITTLE DIGNITY YOU HAVE LEFT LOL
THE $40 MILLION DOLLARS DID NOT COME FOR FREE LOL THEY ARE GOING TO SELL SHARES
AND THE PPS ALMOST HIT $1 RANGE TODAY LOL I NO LONGER BELIEVE THE YEAR END WILL BE STRONG.... HELL YOU WILL NOT EVEN STAND BY THE 2ND AND 3RD QUARTER BECAUSE YOU KNOW THEY WILL BE BAD LOL
Well lets hope that brings some kind of life pulse the American MJ industry. Lets hope tomorrow rebounds
JUST STOP ALREADY ...LOL IT WAS 2 STEPS FORWARD AND 5 STEPS BACK....
IT WAS A LOSS.....
This pos is not even moving in the right direction lol Its just been terrible since the 15 to 1 reverse split...... no up list , no merger....Derek Peterson lied.
He just just ran out of free money.....lets face it people.
And to all the people who not only attacked me about there even being a reverse split.... then on how a reverse split is good and how it makes no difference.... well
Look at the Price Per Share $2.25 and dropping....... months and months after the reverse split
SO LONGS LOST ALMOST HALF THEIR SHARE AND LOST HALF THE VALUE OF THOSE SHARES LOL
PEOPLE WHO BOUGHT DAY AFTER THE REVERS SPLIT...HAVE ALSO LOST HALF THEIR VALUE
THIS IS MONTHS LATER AND THE PPS IS ABOUT TO HIT $1.99 THATS $3 DOLLARS DOWN FROM THE DAY OF REVERSE SPLIT VALUE
BUT HEY "WAIT UNTIL 2020" LOL IT HAS NOW BEEN YEARS AS THE CAN KEEPS GETTING KICKED DOWN THE ROAD
Capacity and 3.5 billion in revenue are 2 separate things.
They will have no where near 1 billion in revenue 5 years from now lol let alone next year lol
The same folks are going to say the same things about TRTC in the 3rd quarter of 2018
"Wait for this day or event ".... You have to understand , we have all been reading these "wait for events" for over 2 years and each one has failed to do anything for the shareholders.
All it does is keep the insider enrichment scheme alive and constantly kicking the can down the road.
I thought after the latest news events that TRTC had a chance to rally for metric purposes by year end, btw just in time for them to sell shares again..thats another story lol
But Things are moving slowly now and the price per share is approaching the $1 range post reverse split.
Things are getting really bad. Add on top of that....the biggest supports on the forum are already making excuses for failure all the way into 2019 lol
I expect Derek to do another $40 million in toxic fins before the year ends...why? because he can!!!.....
Where is all this money going? They strategically sold 1 billion shares and made around $60 million in revenue..... add on the new $40 million in toxic financing.
That's at least..a very conservative $270,000,000 !!!! im low balling it. Thats 270 million dollars!
Those permitted NV build outs did not cost that much to litigate and build, and the California dispensaries were cheap as well..ASIDE FROM BLUM OAK...WHICH I WONT OPEN UP THAT CAN OF WORMS.....
Where did all the money go? Where is it expensed out to or hidden? and why?
Things are just turning out really bad man
Ac your always making excuses man.... Your always pushing further and further outwards for over 2 years now. I mean just face it...this company is not turning out to be anything special.
The price per share is $2.25 post reverse split lol lets be real and stop the well Wait for this day hype.
Your wrote the same type of outwardly lists 2 years ago, and look where shareholders are now.
I mean did you hear derek on the last call? He gave up on revenue guidances lol, he was pissed at Canadian companies getting market cap and global love, and he was making excuses for the low revenue by saying maybe if we get the grow house going..it CAN generate this amount of money.
He sounded defeated... Now you add to that NJ litigation on a structure he owns! at the worst time ever!
i mean everything sucks now
If this pos CEO dilutes another 400,000,000 shares...you actually think the price per share is going to grow lol
The revenues will not be there ....to over match the dilution and expenses.
AC Look at the $2.25 Price per share running into July!
For a moment just stop trying to be the sheriff of this tiny TRTC forum lol its comical at this point.
There has been some positive news and this thing keeps dropping...its no shorts or conspiracy man.
Its always been dilution and toxic financing that has destroyed the reputation of this company.
Previously Derek Peterson would share the wealth ..remember when the forum was full and the volumes where huge? There would be breaks in the destruction...allowing people to gain again and sell if needed.
Now he is constantly diluting and looking for toxic fins every day of the week.....
Now that he has a brand new atm machine...he is just getting started.
Its funny your crew used to cry about how
"There will not be a reverse split and it was not needed, and derek will not do it unless he is about to uplist or have big merger inline "
Then immediately after diluting 500 million shares the previous 14 months, maxing out the OS count to about 1 billion shares sold.
The Reverse split magically happens( no more shares to dilute) and then you say it was needed ? A 15 to 1 reverse split!
Derek Peterson reverse splits and immediately takes on $40 million in toxic financing?
So longs lost shares and about 50% of their share price post reverse split.
If your a real long time shareholder...does that not rub you the wrong way? I mean its been years of woulda, coulda , and wait for this day from you guys lol
Even buyer who bought after the 15 to 1 reverse split are losing now...lol i never thought that would happen.
Just be honest....this company is an insider enrichment company running to perfection....
$2.25 pps? in July 2018 ? after everything? Thats .15 price per share pre reverse split?
Then the horrible 1st quarter numbers of 2018 ---> of $8.5 million and $10 million in expenses?
All this after adding 1 0r 2 more dispensaries for cheap, expanding EG, and Nevada being recreation legal for more than 1 year and California being recreational legal for more than a quarter?
I mean just logically look at the 2 year carnage by Derek Peterson...
Forget about the "wait till 2019 " bullspat.......that may be good or maybe not
I am starting to doubt the pps will get even to the day of 15 to 1 reverse split now..
I mean $2.25 pps? really ? It might hit $1.50 which is .10 pre reverse split value!!!!
All good man lol like wow the pps has gone from like $12.30 down to $6.66 man
Like now they are going to have like 1 billion shares outstanding man...
With the current revenue and expenses....this thing is done...for the current share holders man
Like 1 billion shares and intense competition will render MJ to $1 per gram man...
Like Europe will start growing their own man....
Like the ceo Terry Booth is running this company like a insider enrichment scheme.... sell as many shares as possible buy everything you can ( why do you think he over pays, its not his money) then do a nice reverse split to clean everything up....classic screw the people who got you there move...lol
Here is an idea..lol Terry booth--> use the new $200 million dollars for your next purchase, and save the shareholders from drowning ? hmmm
If your going to make 1 billion in sales( sorry i"m laughing) like these forum people think you are in 12 months..lol then do something to reward the long time shareholders.
ok man ..like im out lol
WOW...NO WONDER THIS STOCK IS TANKING EVER SINCE THE FAKE RUN...AWHILE BACK
Dammmm that will destroy the shareholders .....damm 1 BILLION OS SHARES?
The only logical and smart thing to do after thatis a reverse split...which sucks
Man this company runs like a insider enrichment scheme on the OTC lol
Spend and dilute to the max and when you have your assets --> clean up the books with a reverse split, so bigger hands will invest into the company again.
It screws the people who got them there as usual
AND DON'T THINK THE COMPANY IS GOING TO BUY BACK STOCK LOL WHY?????????
WHEN A PERFECTLY LEGAL REVERSE SPLIT CLEANS UP THE NUMBERS FOR FREE!!!!
I think they only have 500 million shares outstanding ...if thats the case...and the revenue is going to be what everyone says...... its ok
I keep seeing different OS share counts.....anyone know the real # ?
I would buy now and flip come year end. Hope for the best.....it can't get much worse
This is another classic bait and switch for TRTC. The pps has never been lower
The 2018 1st Qrt revenue results were horrible at $8.5 million with $10 million in Expenses
1 Billion shares were diluted-> Derek ran out of free money, so he then did 15 to 1 reverse split and took out $40 million in toxic loans
That is why this company sold the shareholders out
Everyone has lost money on this pos stock. Long term holders and owners post 15 to 1 reverse split price
of > $5
Can you imagine if you believed in Derek Peterson and he reverse splits for no reason ( Merger or Up List) and you lose a ton of shares and then the pps day of the 15 to 1 reverse split was >$5
Now monthsssss later the PPS is $2.47 Talk about getting robbed!!!!
Now can you imagine the people who bought after the 15 to1 reverse split at $2.7 to $5.00 range.
They prob thought i cant go wrong here lol
Well we are talking about trtc Derek Peterson.....he takes all the crumbs off the table. Look for another $40 million in toxic financing soon....The PPS is in dilution purgatory at all times llol
Derek Peterson should be in jail IMHO
i know! Thats why i get so annoyed at the way this company runs. its the ultimate insider enrichment scheme it even has assets...lol i never seen such a scheme run so well before...And people ..you know-> ac grizzly briar keep defending this CEO...IMHO Derek Peterson should be in jail.
The lies about never needing or having to do a reverse split. Unless there was some kind of big merger or if there was an uplist coming.
Well who the hell wants to buy Terra Tech? lol Lets be serious now lol Why over pay for a few underperforming dispensaries when you can just buy them independently for a lot less money, and just build your own grow facility.
TRTC has no grand plan, no global idea's and no relationships with pharm/research groups lol
SO if you have big money..... Terra Tech does nothing for you..... Why over pay for something you can create yourself in 1 year? lol
There is no Molsen beer group --> looking to buy into TRTC lol lolol
Terra Tech will be last to the table when it comes to up-listing.
The big exchanges want medical companies like GW first.....not little convenience stores selling grams of weed lol
Man 2018 quarter 2 results better be incredible !
The lock up agreements were a bait n switch to give investors fake security after the trtc insiders maxed out the 1 billion shares outstanding. Whenever there is about to be mass hysteria and things are transparent they come out with redirection ploys lol
They did it with the preferred share ratio issues 2 years ago lol
So they lock up shares AFTER THEY MASS DILUTED LOL AND DID ONE LAST TOXIC FINANCING DEAL LOL
BUT HERE IS THE KICKER ....THEY ALWAYS SELL TOWARD THE END OF THE YEAR...WHICH IS JUST IN TIME WHEN THE PATHETIC LOCKDOWN IS OVER...AND OHHH BY THE WAY THERE ARE CLAUSES IN THERE AS WELL..LOL
SOOOOO THEY DID ALL THAT DAMAGE..FOR VERY LITTLE SHAREHOLDER GAIN, AND THEN INSTANTLY PERFORMED A 15 TO 1 REVERSE SPLIT AND TOOK ON $40 MILLION IN NEW TOXIC FINANCING LOL
THEN ...THE HOLY GRAIL ANSWER TO ALL THE DIRTY DILUTION AND TOXIC FINANCING AND EXPENSES WAS-----> THE LATEST " WAIT UNTIL 2018 1ST QUARTER"
WELL WE DID, AND IT WAS PATHETIC $8.5 MILLION IN REVENUE LOL AND $10 MILLION IN EXPENSES
SOOO GUESS WHAT....NOW ITS " WAIT UNTIL 2019 " LOL
Wow is Derek the criminal Peterson DILUTING AGAIN????? $2.43 AND DROPPING
I KNOW SLEEPER AND AC... "WAIT UNTIL 2020"
Any real investor would be beside themselves now.... this stock is now hurting longs and new post reverse split investors!
Derek Peterson you suck
WTF $2.46 price per share???? really Derek Peterson.....
I am starting to think this pos is never going to move up in value. This pos CEO just cashed in on $200 million dollars w/favorable terms and the market turned south on him ....hmmmm what does that say
This stock is trading like its on the OTC and like its a insider enrichment scheme....with real world assets.
I mean what more can this pos company ask for.... global connections , grow facility, retail , and now 200 million dollars at favorable terms
AND THE PRICE PER SHARE TANKS LOL REALLY?
$2.57 price per share going into July 2018->= .17 price per share pre 15 to 1 reverse split earlier this year. What the hell is going on with this company!
Come on Derek Peterson......do your freaking job......the price per share has done nothing but drop since the reverse split..... which was supposed to be a positive thing..... well us longs who stuck by the company lost shares and and almost half our value. The pps is no where near the 15 to 1 reverse split levels of >$5 and that only gets us even to that day!
Its time to perfom for the shareholders Derek....you have your millions of dollars tucked away from selling 1 billion shares in dilution and you have your new 3.5 millon dollar beach house in california.
Its time to perform for the shareholders ..... this 2nd quarter better show incredible improvement from the 1st quarter. No more excuses about the economy or bad batches or scaling down Edible Gardens.
Get it done already.....Derek....
WHY WOULD I BE MAD...LOL IM TELLING YOU THE TRUTH AND YOU GUYS ARE IN DENIAL....LOL
TRUST ME WHEN I TELL YOU .....IM OK LOL
BUT IF THATS WHAT YOU GET OUT OF WHAT I WAS TALKING ABOUT...THE LIES AND THE EXCUSES , ALONG WITH THE TERRIBLE 1SR QUARTER RESULTS..
THEN YOU SHOULD NOT INVEST MORE THAN A FEW DOLLARS UNTIL YOU LEARN HOW TO READ FINANCIALS LOL
I LOVE HOW THE TRUTH OR AN OPINION THATS NOT " 30 PPS IN DECEMBER" "TO THE MOON"
IS ATTACKED LOL
I THINK HEARING THE TRUTH ...DEEP DOWN PISSES YOU OFF AND YOU FEEL LIKE VENTING
UM HOW DID TRTC DO IT THE LAST THREE OR SO YEARS ...LOL OMG ARE YOU REALLY ASKING THAT QUESTION LOL
THEY NOT ONLY USED IT, BY BRAGGED ABOUT IT TO SHOW OFF HOW WELL THE COMPANY WAS PERFORMING IN METRICS LOL AMOUNG OTHER POINT OF DATA LOL
THEY DID FOR THE LAST FEW YEARS ...EVEN WITHOUT KNOWING VOTES WILL PASS AND PERMITS GIVEN AND STORES OPENING LOL
SO LETS REFRESH.... IN 2018 ALL THE DISPENSARIES ARE UP AND RUNNING
CA HAS BEEN RECREATIONAL FOR MONTHS AND NV HAS BEEN RECREATIONAL OVER 1 YEAR
IVXX IS SUPPOSED TO BE DOING SOMETHING---YOUR GUESS IS AS GOOD AS MINE LOL
EDIBLE GARDENS IS AT FULL CAPACITY
IF THERE WAS EVER A BETTER TIME IN HISTORY TO TAKE A EDUCATED GUESS ON A 2018 REVENUE GUIDANCE IT WOULD BE NOW LOL THE DATA IS THERE TO MAKE A CONSERVATIVE PREDICTION.
HOW IS TALKING ABOUT THE LATEST FINANCIAL QUARTERLY RELEASE "BLAH BLAH" LOL
NEWBIES THIS JUST SHOWS HOW BAD THIS FORUM HAS GOTTEN, WHEN THAT IS THE RESPONSE TO A FINANCIAL DISCUSSION. ITS LIKE GOING TO A GUN FIGHT WITH A KNIFE LOL
THE PRICE PER SHARE IS NOW $2.56 AFTER THE 15 TO 1 REVERSE SPLIT....WHICH WAS ONLY SUPPOSED TO HAPPEN IF THERE WAS A HUGE MERGER OR AN UPLISTING
WHICH HAS NOT HAPPENED AND WILL NOT HAPPEN ANYTIME SOON LOL
DEREK PETERSON LIED AND SOON AFTER HE DILUTED 1 BILLION SHARES AND THE FREE MONEY WAS GONE...THE 3.5 MILLION BEACH HOUSE WAS BOUGHT.....SALWA AND HER HUSBAND GOT A GOLDEN PARASHOOT.....
HE DID A REVERSE SPLIT LIKE A THIEF IN THE NIGHT AND IMMEDIATELY SIGNED ON TO DO A $40 MILLION DOLLAR TOXIC FINANCING DEAL LOL
THEN CAME ALL THE FRUITS ....YOU GUYS SAID WAIT FOR FOR THE PREVIOUS 2 YEARS ...LOL
2018 1 ST QUARTER REVENUE... $8.5 MILLION IN REVENUE AND FREAKING $10 MILLION IN EXPENSES
I CAN WRITE ABOUT ALL YOUR "WAIT FOR MOMENTS" FOR HOURS LOL
I ASSUME YOU HOLD SHARES....THATS WHAT YOU HAVE BEEN CLAIMING FOR YEARS..LOL OR IS IT YOUR JOB TO MODERATE THE BOARD WITH AC AND MAKE SURE TRTC GETS REPPED LOL WHICH BTW YOU DO A REALLY BAD JOB AT LOL
NEWBIES WOULDNT SOMEONE WHO CRIED "WAIT FOR THIS DAY / EVENT FOR YEARS AND HAS ALWAYS FAILED AND BEEN LETDOWN....BE PISSED OFF AT LOSING HIS SHARES AND HAVING THEIR VALUE BE CUT ALMOST IN HALF SINCE THE 15 TO 1 REVERSE SPLIT?
LOL I KNOW DEREK PROBABLY SAID "TELL THEM "WAIT UNTIL 2020 IF YOU CAN" LETS KEEP THE TRAIN ROLLING..I GOT SHARES TO SELL LOL"
THE PRICE PER SHARE IS NOW $2.58 AFTER THE 15 TO 1 REVERSE SPLIT....WHICH WAS ONLY SUPPOSED TO HAPPEN IF THERE WAS A HUGE MERGER OR AN UPLISTING
WHICH HAS NOT HAPPENED AND WILL NOT HAPPEN ANYTIME SOON LOL
DEREK PETERSON LIED AND SOON AFTER HE DILUTED 1 BILLION SHARES AND THE FREE MONEY WAS GONE...THE 3.5 MILLION BEACH HOUSE WAS BOUGHT.....SALWA AND HER HUSBAND GOT A GOLDEN PARASHOOT.....
HE DID A REVERSE SPLIT LIKE A THIEF IN THE NIGHT AND IMMEDIATELY SIGNED ON TO DO A $40 MILLION DOLLAR TOXIC FINANCING DEAL LOL
THEN CAME ALL THE FRUITS ....YOU GUYS SAID WAIT FOR FOR THE PREVIOUS 2 YEARS ...LOL
2018 1 ST QUARTER REVENUE... $8.5 MILLION IN REVENUE AND FREAKING $10 MILLION IN EXPENSES
I CAN WRITE ABOUT ALL YOUR "WAIT FOR MOMENTS" FOR HOURS LOL
I ASSUME YOU HOLD SHARES....THATS WHAT YOU HAVE BEEN CLAIMING FOR YEARS..LOL OR IS IT YOUR JOB TO MODERATE THE BOARD WITH AC AND MAKE SURE TRTC GETS REPPED LOL WHICH BTW YOU DO A REALLY BAD JOB AT LOL
NEWBIES WOULDNT SOMEONE WHO CRIED "WAIT FOR THIS DAY / EVENT FOR YEARS AND HAS ALWAYS FAILED AND BEEN LETDOWN....BE PISSED OFF AT LOSING HIS SHARES AND HAVING THEIR VALUE BE CUT ALMOST IN HALF SINCE THE 15 TO 1 REVERSE SPLIT?
LOL I KNOW DEREK PROBABLY SAID "TELL THEM "WAIT UNTIL 2020 IF YOU CAN" LETS KEEP THE TRAIN ROLLING..I GOT SHARES TO SELL LOL"
What does it matter if the price per share is $2.60 a far cry from the day of the 15 to 1 reverse split
price per share >$5.00
Add to that the 2018 quarter 1 results of $8.5 million in revenue and $10 million in expenses
Also not meeting the 2017 revenue guidance... Which Derek said was a very very conservative number
Now after seeing how NV fell out after 1 year of being recreational and the competition soon to be opened up ....
Derek knew better than to give a 2018 revenue guidance....and lets face it MJ laws have never been better....so there is stability in a sense..
Sooo am i "anti TRTC" everything i just said is true and the financials tell no lie
IF YOU WANT I CAN TEACH ALL THE NEWBIES HOW TRTC GOT HERE AND ABOUT DILUTING 1 BILLION SHARES OR ABOUT THE LIES AND SCANDLES....
IS THAT WHAT YOU WANT? I THOUGHT THE POM POMS WERE PUT AWAY AND WE WERE ALL BEING HONEST IN THE FORUM...
Lets all help this comes true.... $2.60 down from >$5 pps the day of the 15 to 1 reverse split is not cutting it. This stock is performing terrible for shareholders holding shares.
Its a good price now for flippers....if you want your money tied up until january....its pretty much can't lose.
Long term shareholders lost out big time from the 15 to 1 reverse split... remember there was no merger or uplist as promised there would have to be by...Derek Peterson. He lied again..as usual.
But i won't get into how dirty or shady TRTC is...i have done that enough and its well documented if one chooses to research.
Just more excuses......2018 2nd quarter results will tell you all you need to know..
No more woulda coulda and wait for 2020 lol
But i suppose if derek peterson becomes less greedy and stops the dilution. Buying at $2.59 is a safe buy.... for sure
Can one make the assumption that the dilution is over? What is the current final outstanding share count? Anyone know the true updated figure?
Also why did they need this money? if they are going to have 1 billion in sales in a year ?
They will have no where near ... 100 million in sales let alone 1 billion dollars lol
Just a case of big stary eyes with woulda coulda dreams....
We have all been there and got let down.
They are not going from 26 million to 1 billion lol in 1 to 2 years...lets get that straight.
It is not another Canopy growth story. First of all the market cap does not even compare. I still do not know how Canadas big three were evaluated to have their billion dollar market caps lol
I mean their revenue is not that high yet. They do have a global plan and have huge capacity to grow, but heres the thing--> Who is going to buy all this product? The big 3 Canadian companies might bid down the price per gram to $1 lol
I suppose they can get into supplying pharm, hemp, and cbd.
I read that one of the reasons big alcohol is starting to buy into these companies-> is to make an infused drink???? Which seems really stupid to me...but who knows...i thought the IPAD was silly at first glance.
I'm thinking 2nd quarter should tell the story.... I would imagine the revenue to be around $15 million for everything combined and everything being recreational. Even without full capacity of the grow house.
Anything less would be a sign of things not working out right, and if the expenses are matching revenue again...i would say the right changes are not being made and things are not running as efficiently as they could be.
Anyway its a long time till then...so lets hope the sales keep coming in
No one cares about this company anymore.....they have a reputation of being a insider enrichment scheme....with very shady management--->with that said-->The plan was run very very well, and they gained some CASH COW assets from it all.
This company's main concern now is to break $50-100 million in revenue and sell.
The days of writing long stories protecting the company and about how you love the company are gone.
Whether you are dereks friend or a paid e-com./employee....
Trust me no one would come to this forum and spend time writing about a under performing tiny company like terra tech lol Unless otherwise.... The forum is dead, the trading volume is dead. board members gone..they prob saw the writing on the wall and took a piece of that 1 billlion shares sold and walked....aka Salwa and her husband.
SO TO MAKE MY POINT THIS COMPANY IS NOT IN PLAY FOR A MERGER OR UP LIST.
THE HIGHER STOCK EXCHANGES WANT COMPANIES THAT HAVE A PHARM PURPOSE LIKE GW NOT A BLUM DISPENSARY SELLING GRAMS OF WEED TO BURNOUTS LOL
Guys nothing will effect the price per share but increased revenue and lower expenses. TRTC is not on anyones radar aside from Alan lol
They have under performed from a revenue/expense perspective....as we all know......2018 quarter 1 report of $8.5 million in revenue and $10 million in expenses is really really bad. I do not need to get into why...trust me it is on a lot of legal and moral levels.
The only thing that will move this pos stock....is if they can break way north of $50 million in revenue for 2018 and decrease the expenses big time.
Then maybe some higher entity may see some value in this company and offer to buy it. Thats what Derek has always wanted to begin with...
I just read the Molson beer group in Canada is about to buy into the MJ market in a big big way and is in heavy negotiations with one of the big 3 companies.
TRTC is tiny and has no global/brand vision ....the ivxx brand has been a bust outside its own stores.
They are just not that enticing to buy into ,,,,,, Any billion dollar company with deep pockets can match what TRTC is ---In 1 yea easily lol So why buy the company? lol
It just sucks that we are now into july and have still not matched the >$5 pps on the day of the 15 to 1 reverse split.
It seems TRTC is running much like it did in 2016 / 2017 when they finished up diluting 1 billion shares and crushing out share value...all while getting filthy rich.
I mean it is like every other year... they have a slight pps increas in January for metrics purposes and then run the pps down to a range where it holds bag holders and brings in new buyers.
Well guess what? $2.70 is that range.....
I mean some nice news has been coming out..but yet the PPS is dumping....
Could the $40 million in toxic financing be that damaging? after a reverse split? I do not think so....because of the re payment structure being broken down...and spread out.
All i can say is sell or try and hang on until december when they cycle up for metrics.
It will be interesting what they bring it up to....This stock is very disappointing
Thats because this stock is stuck in the mud....some great news has been coming out and no one cares.
Nothing can change the pps. Not even the feds rescheduling....
If all the news that came out already and recreational legal for awhile now....
Add on a new dispensary and new grow house opening---> does not move the pps even .05 and holds it.
Then nothing will....
We will just have to wait for some fluke inflated run...and hope to get out alive lol
I guess yesterdays vote meant nothing lol I know "wait a few years" lol sureeeee
Maybe by then this pos will have diluted 2 billion shares......cause thats great for the price per share lol
Do not be a bag holder with this stock....at the rate of dilution and competition coming soon....this is not worth holding ...... its a flip stock
Congrats to the few that caught the real run a few months ago....that was the right time for sure.
now this pos is trying to survive.....by buying anything it can...using our money instead of the banks
our money is free to use..