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Well what is your projection for share price when Prohibition ends, 280e goes away and this market is at growth rate of double digits for the foreseeable years?
My thesis is the MJ economy, if you want mid .30's I hope you get it, I am looking at the larger picture for this new economy. I wish you the best
who cares, the message is the same, and for you to speculate he is being forced is absurd.
Here are the facts he cant sell shares in 2018 and instead of having shareholders talk about that for the next 12 months he signed a lock up to put that issue to bed. I dont care why and any intelligent person will not care about any speculation why. You cant argue those facts!
opinion but thank you for trying i have one too. He signed it too show the market the selling will stop
so you think that the PPS is where it is because of management and not because it is federally illiegal, because of 280E, because they are dealing in a market that does not quite exist yet? You dont think those reasons could be why the PPS is low?
throwing around the "guarantee" word as it relates to returns? Before you were questionable now you are a joke! I wish you the best sir
can you please list the MJ companies that touch the plant that have shown a profit? Thank You in advnace
Murph you spend a ton of time posting, I wish i had a job that could afford me that much down time. its like this is your full time job or something with all the time...Wait a minute
This is how it begins:
industry news ? https://mjbizdaily.com/280e-repeal-possible-part-gop-tax-package/
This goes away the industry is off to the races!!
I love how no one even responds to the trolls on this board anymore!
Good for everyone! some people live in the past some live in the present, sorry for those poor guys who can't get past 2015. Nothing but bright days ahead of us!! Thank you to everyone who for their insightful post both negative and positive about what lies ahead for this company.
then why is there such a large black market for it... come on buddy that is a ridiculous post
don't use the word retarded, you do not know how that word may affect people. You also sound like an adolescent
I can do that too:
$2.00 is coming
Just a matter of time
My guess and hope
have 1M to sell
You all will see soon enough
I can respect that. I don't agree, but can accept that motive
BP, I just reread your Q2 recap, before the Q3 numbers come out today. That was a great recap, thank you for that!
I have been invested in TRTC since 15, and my investing goals and objectives are more long term. The moment I lose faith in management or any catalyst that could change my due diligence of the company I will sell and walk away. It's investing, typically investors lose money when they get emotional about a stock. I wish you the best
do we know when 3rd Q financials are coming out?
if you think the management are crooks why are you here? When I read all of these posts about management being crooks it confuses me to your intentions. If I believed a company's management team were there to steal my money, I would not spend a second of my time on that company and especially on the company's message board.... just interested in your motives in being here? Thank you in advance and best of luck to you!
afternoon was a lot better!
I understand your point now, you are talking about betting the house. I hope no one is betting the house on this stock or any stock for that matter, but anyone who wants to put what they can afford to lose on this "gamble" today makes a whole lotta sense; especially if you believe the sector will not be shut down by the DOJ in the future. It just seemed like you were suggesting people dont buy now at all, and thought that was interesting when reading your previous posts. Best of luck to you and I hope everyone makes a little money on SRNA
investing is taking calculated risk. IF you think the cole memo stands which you have stated you do it doesnt make sense to wait for the big money to come in to drive the price up and start buying. I am just trying to understand your contradicting points
"WAITING for DOJ JUly 27, 2017. That is when BIG MONEY will start to invest in USA MJ stocks if DOJ report has positive impact."
Your quote above, if you think the DOJ will stay with the Cole Memo on the 7/27 why would you not buy now, if big money is going to start after the 27th, if the cole memo stands, which you stated you think it will it makes no sense to wait until after the big money comes in to start buying.
I am just trying to understand where you are coming from, you are contradicting yourself.
why but at .25 cents when you can buy at .13??????
40% gain will never hurt you, but 100% gain gets you a beach house!
I am so surprised at how they are giving shares away, market cap now under $20 mm. That is a 2.5 multiple on 2016 revs. This is unbelievable!
lets relax, this so oversold it is ridiculous. I know OTC's don't run on fundamentals or like ordinary stocks, but anyone who has looked at this stock over the last 3 years has got to be salivating at this drop!
I do agree it feels as though something is happening. Fundamentally nothing has changed in the industry or SRNA except for the fact more states are continuing to move forward with legalization efforts. Congress is beefing up their efforts for a change at the federal level, which is still unlikely. Trump and Sessions wont make it the year. Canada, CA, Mexico are getting ready to go live. Why such a pull back in the sector with all this good happening?!?!
2nd Q bumpy? All you want to see is that backlog growing, and they said in April they had a $1.3 mm contract come in. Everyone is acting like this is an established industry. The clients of Surna cannot bank like a normal company, and Sessions and Trump could come in any moment. Lets have some perspective here, we are investing in an illegal industry. This is a 3-5 year investment, unless congress does something of the federal level.
I am shocked that someone is giving shares away! Some sold and are continuing to sell in the .15's. I just don't get it! Fundamentally SRNA is one of the best companies in the MJ sector and Technically the sector is doing great with new states preparing for Rec legislation, new bills in congress to protect the industry, and Trump and Sessions backing off!
I just do not get the slide!!! Getting very Frustrated!!!!
make sure to post anything worth while please!
I just don't understand why this keeps going down! I understood when the uncertainty around sessions and the administration was weighing us down, but now we have some clarity at least for the short term.
anything sold below .16 doesn't make sense. I would think it will close today at or above that level. Hopefully the Q looks good, but not expecting a huge SP increase. I just want to see improvement. Let's face it the next big jump will have to do with sessions and administration or legislature changing in congress. Either way 2-3 years this is a $5-7 stock and Billion $$ company
I hope you are all right!
I believe revs will be between $15-20 Million this year. Split the difference and you get $17.5 million. I roughly calculated a revs multiple in the industry on average of about 10, depending on who you look at, in some cases it was much higher. That gives you a market cap of about $175 million, divided by the 170 million or so S/O and you get $1+
With all that said, right now it should be trading at about .50 cents on this calculation, but I think the fundamentals have to shine through the BS eventually.
let them take their 2-3 cents. They will buy back in again in the 20's 30's and so on. Eventually they may get it and if not their lost. Stay long my friends, I look to take about 25% off the table at $1+; which I am predicting this year. I would be happy to explain how I get to that number upon request.
the one thing we didn't know is deferred revs climbed to $2.6 million! 2017 will bare doubling of revs somewhere in the 15-20 million range, profitability and robust domestic and international sales team. At that point the market cap of the company should be at least 100 million. resulting in a share price of at least $.70+.
Everyone that bought the last 2 days just sold.
That is a fantastic point you raise about investor in the OTC. I did not look at it like that. I just hop we can hold this bit of rally we are seeing. I could easily see it all go away tomorrow
spot on! The problem is everyone already knows that and the market cap continues to be one of the lowest in the space. Hopefully the annual can serve as a PR and get some interest in this gem!
that's not true, other companies put out fluff PR's and the stock goes up 10%.
Somethings not right here. There is no reason for the market cap of this company! it has to explode soon! I don't understand, anyone looking at this sector investing in other companies and not at least a bit in SRNA is confusing. It is almost like people want the P&D shops, otherwise there is no rhyme or reason