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I don't think so. Every legit company i looked at in the space does the same thing...they expense everything out to beat the revenue for tax purposes......it make makes more business sense for a growing company in an industry that is not supported federally and has extremely high taxes
What is first mover status?
Well happy new year...i don't know if its the vodka talking from last night....but lets all hope tomorrow is the big day everyone seems to think it will be, and the pps finally drives up past .75 and most importantly
holds its value.
why debate things anymore.....Tomorrow is supposed to be the biggest most profitable day in company history according to sleepy.
The run up on friday was very very disappointing....i guess its hard to move the pps when you have a next to nothing footprint in the state of CA and there are 1 billion shares outstanding not counting the huge float.
Even 45,000,000 in volume could not over come those facts, but if the insiders stop competing with its shareholders and stop selling shares before, during, and after any news they put out before us.
Maybe we can can a couple of pennies.
I bought low also.....i actually thought 2016 was going to be the big year for this company, but they destroyed us by year end...it was methodical
Listen i hope in 2018 they buy back shares
- they stop giving away shares for pennies on the dollar
- they stop selling their private shares
- They show more transparency on the expenses
- They do a merger for 10% of the company for 265 million dollars like canopy growth
- They get a dispensary in a big markets like san fran, LA, san diego,
- I hope they get some kind of spark in the ivxx brand and sales outside of blum
ect ect..
Stay warm man...thats crazy weather.... I complain about the heat down south in the summer, but that does not compare to -14....
I would imagine a 10 to 1 split....but would prefer a 5 to 1 ( it makes everyone rich imo)
Derek says his goal is to sell the company or maybe uplist...but i think it is really to sell the company.
Wallstreet does not trust this guys...lets face it lol He is shady, and hires criminals on his BOD lol
SO with a big split....all the longs go from buying a new house...to maybe getting a new car
Please do not make me break down how reverse splits suck againnnnnn for the 20th time lol
Man i am sorry the cold hard truth about the financials of this company hurt your feelings...
They hurt mine as well....thats why i go nuts when people post $15 a share predictions, because it is impossible....
I mean look at fridays run up lol it barely held on to a .035 gain lol What does that tell you guys ?
When there is 45,000,000 in volume and the stock can barely maintain a 3 cent gain..?
This stock will never be what you guys dream it will be until they consolidate...period
BUt they are not going to leave any free money on the table before hand..lol Trust me on that..
Derek and the boys will take all the crumbs from your babys mouth before flying straight and consolidating.....lol
History has proven that
omg AGAIN PEOPLE....This company cannot run or hold any value without consolidating first.
They have 1 billion shares outstanding and close to a 1 billion shares in the float lol
It is impossible...... SO please correct yourselves and say.." once they reverse split and screw everyone"
Then they will be able to run alittle and maybe hold some value without being sold off.
The finances do not lie people!! History does not lie!
Just stop it already.....
This stock cannot hold a pps value >$1 ever..until it consolidates
Can you imagine if the pps goes to .65 for a short period......CAN YOU IMAGINE HOW MANY SHARES DEREK AND THE BOYS WILL UNLEASH LOL
WHY WOULDN'T THEY? IF THEY KNOW CONSOLIDATION IS IN THE NEAR FUTURE?
I know! They forget 3 straight years of being run down into the ground by Derek Peterson ( fake name).
They forget that TRTC has a very very very tiny footprint in CA, and are competing with private companies that have been in business for 10 years in major cities lol
If anything TRTC will dilute more just to try and get ahead outside of the blum oak store..which is a good location and high volume store.
Without blum oak this company would be dead
How is that panic ? It has happened a 100 times before lol
I wish it could, but currently it has a hard time holding a .035 gain. I don't see it holding any value past .55
without a reverse split. 1 billion shares outstanding really put us in a hole.
One of the main reasons these canadian stocks can run so big, is because they have a low share count.
I mean the trtc volume on friday was 45 million thats crazy...yet the pps had a hard time holding a .035 gain
DO you really think trtc will be $15 to $20 in 2018 lol
That is impossible..... unless they did a 50 to 1 reverse split and wiped out all of long shareholders
Which i would not put past them...doing
Yes happy New Year.....lets see if 2018 is finally the year of change, and the share holders finally go along for the ride with the insiders...
Then we can all prosper and promote this company to the heavens...
What he meant ...was that it would be more profitable to buy and sell though out the last 2 years, rather than hold long term, because of all the dilution and toxic financing always bringing the pps down to the teens.
What do you mean?? lol The PPS ended with the same piss poor value it had in January 2017!
The only people who did well was Derek and the insiders...lol They diluted the hell out of the pps lol
Meaning they keep diluting millions of shares and are applying for permits in lv for 3 dispensaries that at best cost 1 million dollars to build out, but rent out some of the property?
In Reno they have to split everything 50/50....
In cali they went after a permit in SL and Santa Anna ? Guess why? because it did not cost anything
Yet CBIS goes into LA market last month and buys 2 dispensaries for next to nothing?
They are just collecting the cash....building metrics to sell it all off
They are not in it for the long hual...Derek has said this on the conference calls.
If you look closer you see that they do not have as big a retail footprint as it may seem
Private companies have been growing and selling in CA for 10 years...lol
Well we ended the year where we started in the .30's it was a bust for shareholders. While they keep gaining assets and diluting shares , and giving away millions of shares for pennies on the dollar to anyone willing to give them cash.
Sleepy you had no answers to everything said for a whole year...but " yes wait till NV goes rec "
"wait till 3rd quarter" "wait till Cali goes rec" The PPS is a measly .37 the same as when the year started?
What news is going to be bigger than NV and CA going rec? Maybe rescheduling of MJ and the PPS struggles for obvious reasons.
This company has let you down more than anyone.
The PPS is in the tanks because of the 1 billion shares outstanding and the increased dilution and toxic financing for pennies on the dollar.
While they made millions of millions of dollars.
Notice how they haven't gone after any dispensaries? But only went after freeeeee permits in out of bounds low volume areas.
They do not want to spend any of their own money...they are not in for the long haul. Derek has said it pubicily. He would sell out for a good offer.
SO they pocket a lot of the cash and sell all of their shares....i can go on on on
why do you think people are upset? Look at the PPS lol and the OS count of 1 billion
Look at the dilution and toxic financing for pennies on the dollar at our expense.
This stock has tanked for 3 years straight.
I have had my money locked into this pos for a long time, while they are getting rich
while they hire criminals with sec violation and other seedy backrounds
My god how can you praise them when the pps is .37 ? and they are pocketing >$250,000 a day
and .....well you know me i can go on and on
The history of lies and greed are long
Hey man i wish i could say...the finances looked good, the expenses were down, and the dilution and selling of shares was over. Thats whats keeping the PPS down
I wish they were not so radio silent about whats going on with the company.
I want them to do well, but i also want the wealth to trickle down to real shareholders, not just flippers.
With 1 billion shares outstanding and another 1 billion on the float......that will never happen
Hopefully just a 5 to 1 reverse split will consolidate things and they will fly honest and straight
and up we go....
Thats not true... Why would they want trtc..they have a very small footprint in CA.
There are private companies in CA that have been operating and growing for 10 years lol
Big tobacco could do just what CBIS did in CA, and buy 2 dispensaries for nothing and there you have it they are almost even with trtc lol
IVXX brand is a joke and has failed.... Where is the value for some big company to over pay on trtc?
When they can spend a quarter of that money themselves and have a bigger footprint that trtc?
I guess NV is ok, but trtc has partners there...sooo
SOrry trtc not such a big fish
.08 cents lol Thats the monster end all rally that all of you have been screaming in your comeback to hard cold facts about the company lol
lol I can hear it now "wait till 2019" will be the new mantra
There is a reason why the pps is only .37 cents
It is because of dilution/extreme toxic financing and a OS count of 1,000,000,000 (1 billion)
Thats is why there can be a trading day volume of 45,000,000 (Fridays) and the pps barely moves a few cents.
Yet the big three Canadian stocks move in the dollars range on any given day. They have a controlled os count, and are not corrupt criminals trying to find any barely legal loop hole to line their pockets with money.
Just my opinion
This is what all of you were shouting from the roof tops about?
"who cares about the dilution, toxic finances, and expenses. Wait till the week or day CA goes rec live"
What a joke 2017 has been
Dam this pos cant even hold a .03 gain on SLEEPYS "BIGGEST EVENT/DAY IN HISTORY"
OR "SCOREBOARD" LOL
God only knows what the pps will be once the metrics are met for year end compared to last years pps
It might sell off to .21 again
Well i did not need the money. So that was good, but i figured the money i would have gained with the bank/money market ect... would have been roughly 5000 dollars.
If i would have flipped 3 times and bought back into the stock---> i would have to pay 25% tax and buy in higher than my original price range, which was very low.
This will be my last year waiting...if they continue the trend of having a run up into JAN every year and then spending the rest of the year diluting and toxic financing. Im out for good.
So its a gamble....I am always in the green, because i got in early and low, but it is frustrating having your money lay stagnate for sooo long.
I mean i would have loved to take a $80,000 and buy into Canopy or Aphria stocks. But again how much profit would i have really made?
If TRTC hits .80 my profits would trump all of those moves 10 fold.
Thankfully i can afford to wait
My wish is for a modest 5 to 1 rs ( i think this ratio is fair for everyone) and then a media blitz......the pps will fly > $10 pps
Derek knows this
i have over 400,000 shares ...what are you talking about?
See its moronic posts like this that crack me up lol
I am sorry that the truth hurts your feelings...to the point where all you have is one line posts that make no sense.
It is great to have .03 gains for flippers....by all means celebrate.
But as a long term shareholder...i see 2017 as a bust...the pps is almost equal to Jan 2017 value
The pps should be >$1 .....but they can't stop grabbing the free money
You sold 250,000 shares? this morning? good for you man.
The pps will drop in the new year....just buy back in later
Your delusional lol So 1 grow facility and small extraction lab plus 3 dispensaries of which 1 is kinda outside the city and will have low volume.
That is the footprint in CA that is going to take over the world? lol
You forget there have been non public companies operating in CA for well over 10 years lol
I think blum Oak is a great asset,,and better be for 60 million dollars..of our money
I think ivxx is just a dream, and after almost 3 years the brand has not really taken off much beyond Blum stores.
I will be very interested in the 4th quarter numbers....to see if they meet their forecasted revenue.
The pps can't even hold a .03 gain TODAY LOL
ON THE BIGGEST DAY IN HISTORY LOL ACCORDING TO YOU GUYS
Man these canadian stocks are going up $1 every day ....TRTC can't even hold .03 gains
Well everyone your big "wait for this day/event" is here, and there is no excitement
No news
No Hype
Just flippers taking small profits
I know wait for 2019 ---sleepy
My best dream scenario would be if they did a very small consolidation of 5 to 1.
That would clean up the numbers a bit and give the pps a big boost TO LAUNCH OFF FROM.
It would be fair for longs as well..... EVERYONE WOULD GET RICH....NOT JUST INSIDERS
Mania? the pps moves 1 penny here and there lol up 3 cents down 1 cent at best lol Mania????????
I would be sooooo happy with a 5 to 1 reverse split....... that would be good for everyone.
10 to 1 rs.....not so happy
Congrats?? The pps went up .03 lol and finally matched the Jan 2017 pps of about .325 lol
You used to tell everyone how the PPS was going to be $7 ...lol now its congrats on .03 gains
Wow has this stock and its expectations fallen hard....
Dang
If they did not diluted and pocketed most of the money they would have a lower OS count and share price >$1 by now
The only way they ever break $1 is by having to do a reverse split lol
I can't believe people are not upset about this weak arse pps 2 trading days away from what ALL OF YOU
SAID WAS THE "WAIT FOR THIS DAY/EVENT" to every fact presented to you all
Not really, because of the 1 billion outstanding shares. They have to consolidate first, but the insiders will not do that until they exhaust the current situation to a stand still and leave no crumbs on the table.
That is why they hired Micheal James--NRTI
I said it before.....they would have let the pps rise to about .40's with or without CA rec. They need to show progress from Jan 2017 to Jan 2018 in the pps for metrics purposes.
Listen i hope im wrong is this is the year they turn honest and true
You have been saying that for 3 years, and nothing ever happens. All that happens now is they sell more shares before, during, and after any good news to dilute the pps down and keep it in a range that brings in new investors thinking and dreaming of what the potential could be.
DO you guys really think the pps is going to explode ????? lol There is NO hype and CA rec is 2 trading days away lol
All the volume is just flippers.
Does TRTC have a big foot hold in the CA MJ industry? Not really
CBIS just bought 2 dispensaries in Los Angelos and almost caught up with TRTC in the matter 4 weeks.
And they didn't have to spend nowhere near 60 million dollars for them lol
TRTC is radio silent? now? when they could be throwing news out left and right about the new grow house and dispensary....maybe future plans?
But nothing, because they want to keep things the same...it works well for THEM
Look how pathetic these greedy insiders have all of us acting. We are celebrating a tiny .03 gain, while other MJ companies are making $1's gains daily
Think about that for a second
I agree....the pps was .32 in Jan 2017......this company has let us all down, and continues toooooo
Why no news? why no hype about CA going rec? This is supposed to be really big...right?
They just keep lining their pockets with cash...holding out for a reschedule and diluting/toxic fins. all the way to the bank lol
I do not think they want to be in this for the long haul....Meaning they would like to sell within 2 years.
Why are tiny little companies (cbis)buying up 2 dispensaries in LA for very little money?
We should be doing that..right?
I think the insiders just want to gain assets by permit only, so they do not have to use any of their cash
or should i say our cash.
They had to buy blum OAK...it was a different situation... lets not even talk about the 60 million dollar price tag and not even owning the building
They have to consolidate, because they are closing in on 1,000,000,000 ( 1 billion shares) and thats not including the float.
The pps will never be or hold a value > $1 if they do not consolidate.
No big time investors will go near the stock at these current financials, until they clean up the numbers.
They desperately would like to give away 10% of their company for 275 million dollars like Canopy growth recently did.
They need to really pick up the pace in CA. They do not have a large footprint at all.
I was shocked that CBIS just bought 2 LA dispensaries for very low price compared to the 60 million for BLUM OAK trtc bought.
Hopefully Derek is holding back some giant news..... They need to take advantage of the times.
Remember when NV went rec live, and they were radio silent and the pps declined......
That was criminal
I knew the pps would rise the last few days to show year over year progress in the pps.
I think Jan 2nd 2017 it was .32 pps
SO i imagine it will be at least 10% higher Jan 2018
We will see what CA rec does Jan 1st 2018 and if it holds its gains
The canadian stocks are going through the roof.... we are stuck at .32 lol