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Maybe if you were throwing a rock on an OTC board seeing where it landed and invest in that I would believe your comment.
However this is a real company, a NEW company and a company with vision in the future. So your comments are void
You don't lose any money until you sell. But watching it go from 1.42 back to .24 has been torture knowing I could have sold that high. I am confident, still in the fact that this will be a solid investment down the road. But having a .38 cent average... Makes me a bag holder unfortunately at this point.
Headed higher much higher.
I Think ill stick around for the licenses. Thanks though
mr failed GED attempt
I hAve continued faith in this stock. But to lose thousands of dollars and to see it at .25-.26 hurts real bad
That's not even possible. You would need a market cap of 29k.. Great job not using the most basic financial knowledge to back up your thoughts!!
Thank you elk!!! I'm getting more aggravated at the people who praise PR's today and .50 by eow. They haven't been right even once. Thing is you cannot predict the market.. Only use financials and the DD you obtain through research.
Always read your posts from start to finish.. Although you don't post often... You provide valuable info. Keep posting!
Pumpers are worse then the bashers at this point. Totally lose credibility when you don't post realistic goals. Let this great company speak for itself instead.
Records aren't made public for 60 days.. Come back in 2 months. And do some DD while you're at it :)
Nonrecurring costs says it right in the 10q. Stop twisting words around to scare people.
You're right about one thing. Nothing will happen September 1st.. Because it's Labor Day! September 2nd however.... Now that's a different story
What sparked this interest?
You're a proven flipper. Bashing a stock price then trying to enter lower. Lpr is going to have his day and I suggest you avoid what he does.
Otcqb... Fully reporting and audited .. Not pink sheets. Sorry
Big tobacco will not touch until federally legal. By that time smaller companies like trtc subsidiary will already be involved for 2 years. Then they will be bought out by big tobacco which in turn compensate directories and shareholders alike
I'm in the third option... Which is to be realistic and rational, which can hardly be achieved on this board both pump/bashers alike
We would have to have a market cap of 1.355 billion in order to reach those levels.. Granted they don't raise the
o/s... Maybe one day when it's federally legal and the company posts consecutive quarters in the green by millions..: not saying its impossible but not anywhere in the near future.. Luckily I'm long!
3 million in cash on hand. Also there's a difference between good/bad debt, and deficit.
The reason they lost money was for nonrecurring losses. Says it right in the 10q. It's expensive to get a greenhouse on line.
Diversity is key and This company has it. One of the first things you learn in strategic management.
Keys of this company:
1. partnerships with nrti and vapo.
2. EG (obviously)
3.potential acquisition on NB
4. Nevada permits transitioning to a license.
Don't put all your eggs in one basket and DP has done it just right . All IMO
100000 on the bid... The heavy hitters have arrived. DMCC said it perfectly that this was the most manipulated stock. It's true... Shorts tried getting this under .30 after 180 days and failed. This was a blessing and a little crumby at the same time..: I was able to pick up more shares. Only post of the day. So happy Friday!
Huge bid stack of 66k shares at .40. This is not going down anymore. To all the flippers who bash then pretend to make great entry/exit calls (lol) . You will get burned soon enough! Happy Thursday!!
Low volume and 5% green. Ask is thin. This is going up . Ignore the flippers and bashers who happen to not be around right now. How convenient
Fantastic PR.. Shows just how hard this company is working in order to make it extremely successful. Diversification is key to any successful business.. Hitting the corners from all angles and not putting all your eggs in a single basket. 8 permits with EG on top.. Parternships with nrti and vapo, and potential NB acquisition. Hello money!!! .35 is the .06 of last year.
I believe trtc has hit their rock bottom at .34 and also believe that this number is the new .06. Overall the losses were due to nonrecurring issues and I believe this quarter will be the best one IMO.. Does anyone know about license hearing? I heard from somewhere Nevada has to make a decision today about licenses... I know it's not for who gets one because that's November 3rd, but for something else correct?
Ok my only post for the day.. 3.7 million dollars this quarter which is great even though they ended with a decrease. However if we take a look deep into the 10q with some accounting knowledge we can see why they incurred these losses.
Decrease in gross margin was due to the greenhouse coming online = non-recurring cost.
Expenses were large due to the application for licenses in Nevada and the ramp up costs for the farms in EG= growth and diversity for this company.
And now with the rumor of acquiring NB farms, this is amazing news and could add an additional 9 million dollars per year.
Also for those saying trtc will have to shut down operations, they are taking a template from the 10q and changing the words around to make people panic. Do not worry this WILL NOT happen.
Whoever says they don't have cash is wrong, they have 3 million on hand. This is a long term investment and not something to flip overnight. If you hold on this year I guarantee this time next year this will be a 5 bagger minimum.
-zig
My only post for the day. I believe people are sitting on the fence awaiting the results of the Q2 financials. I'm seeing medium/large bid support around this area and hope that this is the bottom. I also believe this will be the first profitable quarter and we will beat earning expectations by 100-200k. Great buying opportunity here IMO. Have a great day everyone. Remember the big picture about how this company improves exponentially quarter after quarter.
This is my one post for the day. Filter the noise and get excited for q2 earnings! Day to day price action means nothing when you can see over the horizon.
The only reason it got pushed down so much was the 180 day period in which they wanted to get share price below .30 by August 5/6 I believe and they failed to do so.
Q2 financials 3.5 million will be achieved imo
If you look at the index as a whole you will see that is an average loss for this sector. Some are down over 90%
Mike I think authorized shares is somewhere around that.. I believe it's 167 million outstanding correct me if I'm wrong
IMO q2 will be good but I think all of the stars align for q3 with the recent pr of all the major distributors that edible garden has been introduced to e.g (A&P walmart, krogers) etc. honestly with the license hearing November 3rd and q3 earnings due nov 15th, if we get the license and q3 is amazing I believe pps will surge once again in that span of 10 trading days
Lol nice. If they receive the license on November 3rd I bet you it would hit $1
Nice sleek!
Sweet lie bro. Trtc green again!!
Trt$ is green and MJNA is red again!!! What a surprise
Are you implying trtc will be suspended/halted? Just so I know
Do you think they will release a PR on or before August 18th about state filing?
For a start up company expanding into stores such as Walmart A&P krogers shoprite and hundreds more is where the growth comes from. No company starts with an unlimited amount of cash. Eventually and soon enough revenues will exceed the losses. Look at q1 from 2013 and q1 from 2014 and compare. I would like you to do the same for q2 next week.
Look at the exponential growth from quarter to quarter and decide for yourself. Filter all the noise. Q2 will meet or exceed 3.5 rev IMO q3 we double guidance totaling 3 million IMO per recent PR's