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I hope u build a big house with a big lawn.
Nailed it
At this burn rate ... its rs or close. Trtc will not be profitable before they run out of shares to issue there for the next RS will happen.
Let's all hope for a better 2019. Now that you sold trtc and learned from this mistake. This year should be better for you. Good luck.
Turd tech at its finest
Personal credit card debt is at a all time high, national debt all time high. I've only lived though one recession but it came from debt in the housing market.
Should be very rewarding for us and everyone else on this board. I'm still not buying back in yet. I think the overall economy an the extremely high valuations are concerning. It is a scary time. Scary to be in, scary to be out. I'm a patient person. From what I can tell when board members start talking about future islands it's time to sell. When everyone starts screaming about losses its time to buy.
If u had 10 billion dollars would you spend 4.8 billion to have 80 million is sales on a 300 million loss?
It would be fun to do some blind taste tests. Outdoor organic is my favorite. I will admit indoor tends to be more dense and have better bag appeal. I should go to Canada and try a bunch of the LP's pot. Does anyone know if I could get acb. Buds in Windsor? I'm about 3 hrs south. Not a bad day trip.
Same will happen with cannabis. Facts outdoor cheap grows will dominate. Although rich people like. To spend a bunch more money for little return. The average person would rather spend $50.00 on a once of good organic outdoor home grown then $350.00 for indoor. Lp weed. Just watch the bottom is not in yet $2.00's a comin.
My friend grew about 50 lbs outdoors on 12 plants the last 2 years in a row. Said he had about $20.00 into organic fertilizers per plant. Used the same dirt he used last year. Though a roof over the top when they started budding to prevent mold. So easy, so cheap you just cant compete with that.
Dreams
How long till a billion O.S.
Wow. Would u just look at it
Facts
The company is done. Revenue decreased. Operational license's decreased. Costs to run company increased. Let's do the math.
This sums up 2018.
I wonder how many will he sold by this time next year?
How will they have money to make those permits operational? It takes trtc a long time to make a permit operational. It will take even longer with more permits. One project is easier then two.
I will.be getting back in, in the 2 to 4 range just depends how I fell as they approach. Seems like 2 to 3 is low but I didn't expect 4's so soon.
That article was from 2016 lol. I hope they are finally hiring.
Should see high 4's today. But more drops to come .
Almost there
Back to sub 1
I don't understand why people thought anything this wasn't going to happen. All the hype is over, its time for numbers that justify their market cap. Look for this in the 2 to 3 dollar range. Then load back up.
Or it's a smoke and mirrors game. Not invested in this company since Oct. Trying to decide if this is a buy or not.
That article is what I just said exactly like my lawyer and accountant told me.
It could never come close to surviving 280 E but a pot company could.
Cost of pot is 30k. 100 k revenue 30k pot cost. 70 k that you pay taxes on at 40%. So trtc would have to pay roughly 30 k in taxis. Leaving 40k left over to pay all other costs. If all other cost are less then 40 k then what's left over is profit.
That's how my lawyer and accountant explained it to me.
Does anyone know trtc cost of goods sold last quarter?
So what is trtc cost of goods sold?
Al Capone was busted by tax code 280e. I think.
No and all my numbers go to my accountant. But you can deduct costs of goods sold under 280E. What was trtc'd cost of goods sold last quarter? I believe he was implying it was high enough to off set revenue. The way I understood 280e was any revenue over the cost of goods sold trtc has to pay taxes on.
How can one say these two companies are under valued? Doesn't market determine value? The market has spoken and this is what they are worth today.
Management
Lets go
Hmmm
Let's go
Spot on.
Can we get a timeline? 50 billion market cap. Hmm
Nailed it
Looks like u nailed it
How's that rev?
Lmao trtc will be out of business before that.
Lmao your still defending this turd. Good luck bud. Many American companies are in better position.
Not for hemp. Cost to much money