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Highly coordinated indeed - the penny stock cartel.
SSC
Distributor* - blame autocorrect.
Not if the distributed has no name and are just a few TRTC cronies making phone calls. We can't verify, considering no distributed name was given. Whack PR.
SSC
I'm sure! IVXX.plug Instagram certainly uses the same terrible font as @socal_ivxx and @ivxx_elevate. It's all done by the same people.
Distribution company with no name, WHAT A JOKE. This company has no shame. I'm sure it's 3 hired peons making telephone calls to "dispensaries" - aka delivery services ran by a single person.
SSC
Exactly how I read it. No name. Giving us info we already had.
You have a distributor? Well, I'll be damned! I would have never guessed with the 80 dispensaries.
Shut up and show me the money...without the insane SG&A.
SSC
I'd hope this is only the beginning, because that PR was worthless.
SSC
What the HELL was that PR?!? I can't even count the missteps by TRTC. UGHHHHHH
What a joke... That PR was absolutely pointless. A distribution company for your product? Okay..... And? Business 101?
SSC
There's not even a question. That's guaranteed. Record revenues for TRTC mean record losses for TRTC.
SSC
FYI, dispensaries like this aren't real dispensaries. If they don't have a storefront, they're illegal. That's probably why these haven't been PR'd.
90% of delivery service dispensaries in Southern California are a single guy, maybe two, selling product from their living room - most don't even have business address.
Point is, it's not too hard to call IVXX wholesale and get 20 boxes for a few hundred bucks and that will last them quite a few weeks. I'd hardly call these places dispensaries - more just delivery services - and they are barely even that.
Source: years and years and years as a SoCal MJ patient.
SSC
I've not known CDEL (citadel holdings in Chicago) to be closely related to toxic financiers.
Typically toxic financiers use the following market makers: BMAK, ASCM, DHSM, ACAP, AGIS, BAMM, BMIC, CHIG, CLYP, FANC, FRAN, JIMK, MAYF, NATL, PERT, SACM, UCAP, VERT, VFIN, VNDM
Cheers,
SSC
I've called so many times without an answer it's stupid. Do these people have a damn receptionist or not? Typical for a sub-penny promoter.
SSC
In my opinion, it seems so.
SSC
There isn't one. He's been saying this stuff for a year now.
SSC
This really doesn't matter, it just means it's going to be expensive.
Hopefully you're right as far as "fast" goes, though.
SSC
HAHA such an insane tweet. I saw it before it was deleted. The fact that he had the nerve to say such a thing and then delete it should be even more fuel for the fire against these crooks.
SSC
It's certainly shady. But that's what pump and dump share selling schemes do. Straight from the pump and dump playbook.
SSC
Next quarter tells all. EXPENSES are almost the only thing that matters.
SSC
I noticed BMAK back off as well. Perhaps done with the current tranche. They can draw down more though, if DP signs off.
SSC
Sooooo much dumped today. I thought the trend was up for a minute last week.
SSC
Ready to hop back in?
That's not true. Florida was on the ballot and needed a 60% vote to pass, and failed around 56%.
SSC
Please stop following the blind man's lead. There is NO evidence that volume will be increasing this week. It's as much your guess as it is his.
I'd love to see an increase in volume. But why? For what reason? There is no catalyst!!!!!!! No updates from the company!!!! NOTHING NEW except new non profit dispensaries. Still just playing the waiting game.
SSC
Although both of us agree that Rec MJ is an inevitable thing, it's not guaranteed in 2016. Everyone thought 2012 was a shoe-in. We can hope - but you cannot bet on these things in the OTC.
If you want to play speculation, I suggest blue chip stocks with options. Options will give you great payouts based on speculation.
SSC
Sigh.... Brother, I'm not going to argue this one. I live in both SD and LA. I've gone through this. I certainly have weedmaps installed on my phone, and I'm very familiar with how dispensaries work in California - I have plenty of experience here.
All I'm going to say is that I've been around during a city wide shutdown before - like I said, a few years back. And trust me, the dispensaries went from hundreds and hundreds to FEW. This will happen again with AB266. Illegal shops will pop up here and there, but chances are that IVXX will have to slowly distance themselves from these illegal entities, especially if they're working on public perception.
SSC
Correct. This will be the same as the crackdown 3 years ago that happened in LA/SD. Many of the dispensaries will disappear into the wind.
SSC
There will not be that many dispensaries soon, due to AB 266...
Right now anyone with a business license can own a dispensary. Soon, that will change, and many will be shut down, just the same as the LA/SD crack down three or so years ago.
SSC
"And again, like *i* said before," More failed promises.
I'm confused as to how you can justify "some officers bought and sold shares"
It's not a matter of buying and selling. The point is that when the stock was at an all time low, their remedy to keep the PPS up was to tweet and Facebook that their officers would be "continuing to buy our stock because we know it's a winner!!" - not once, but TWICE. They tweeted this TWICE to convince people to continue buying shares. But when it comes down to it, nahass added a percent to his holdings. Who cares when all the shares prior were FREE?! So he spent a few thousand dollars and has a few million worth of stock - THAT is worth touting on Twitter twice?! No, that's a way to convince people to buy worthless stock. If you can't see through that, I feel very sorry for you. A real company that truly believed in themselves wouldn't need to do such silliness.
SSC
That's exactly how I feel about people not seeing through TRTC's insider money making machine.
Don't you see?! Insiders benefit over and over and over. Hundreds of thousands of our dollars have gone directly into their pockets - and we've gotten nothing but diluted shares. THAT is fact. They will continue to make moves that make us money and will refuse to throw us a bone.
How about those tribal lands? THAT PR had a lot of substance eh? And the growmass program. That went places.... And the multiple tweets about buying their own stock... Yet nahass was the only one buying, and he was buying in chump change...
Point is... They're not here for us. They are here for them. What I'm NOT saying is that there is some magical fake entity making all of this up. It's not fake... It's not a shack in Indiana... But it IS a scheme made to make a certain group of people money, and that group is NOT the investors.
SSC
Nothing that you say will change my mind, I've already heard all of these arguments - only the company's actions will. I'll be waiting for them to step up to the plate - not the shareholders.
SSC
Oh man, the tribal one really pissed me off - we all knew that was going no where. There's far too much risk to piss off the feds by using Indian tribe land to get around the rules.
SSC
That's the modus operandi here - say a bunch, but do little.
Growmass...
GrowOp trailers/etc...
NB plants..
Compensation committee...
Lawsuit with LPR...
Open dispensary in October...
Etc..
Etc...
Etc...
SSC
Still no response from my email a week ago. I guess they don't like the obvious questions being asked.
SSC
I couldn't disagree more. The majority thinks it's worth ten cents. That's why it's at ten cents. As soon as the majority thinks it's worth more, it'll go up. That's how the market works!!!!!!!! Supply and DEMAND!!!
Right now shares are dime a dozen. And as far as the rising price until mid day - it's simple. Dilution. We can all see BMAK on level 2, and it's simple to look at the s1's and see that TRTC is making money from magna at the moment.
SSC
Also, if it makes you feel any better, I still own 30,000 shares in hopes that I'm wrong, but that's chump change. I feel genuinely upset for folks that are in deeper than myself. I truly wish you luck - but stop with the blue sky calls... Or any calls.
SSC
The OTC is the Wild West of the stock market. Everything is a scam until proven innocent - and DP and crew are having a hard time proving that TRTC isn't a way to make themselves money at the expense of shareholders.
SSC
You nailed it with "profits". Unfortunately, those get filtered into the pockets of Michael James and Amy Almeister - and then they show up as "expenses" instead.
SSC
In my opinion, no.
First, the 4M is fabricated - there is no proof that this will happen.
Second, that, as well as the private placement will disappear into the wind, the same way that the 2M from before that went to salaries and expenses - not towards building s company.
These people aren't looking out for you - only themselves. How do you not see this, still? What on earth would it take for you to see the light?
I'd LOVE for DP to prove everyone wrong - but he's doing quite the opposite - and if you disagree, look at the PPS! The majority thinks this way... You're the odd man out here believing it's worth more than it is.
SSC
The market won't care if it isn't affecting current profits, period. If expenses rise with revenue, who cares.
SSC
What's 20 grand when Michael James gets 500,000? Amy got 430,000 a year or so ago, and 100,000 here and there ever since.
20,000 should be a drop in the bucket to get this thing up and running.
SSC