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That would be a dream come true if the feds rescheduled before TRTC consolidates.
Then we can all sell some shares and buy back in big time after the consolidation
That would be the perfect dream scenario for me
Honestly lol I do not know why you little boys get so upset over the reverse split topic lol
It is a tool companies use when they need to clean up the books and fly right to bring in legit investors.
With interest at a all time low and the the OS count at 1,000,000,000 ( 1 billion)
They have to RS to bring in an investor like Canapy growth just did for 275 million dollars, and they will have to RS to apply to uplist.
Otherwise with the financials the way they are and investor interest at a all time low
The PPS will linger for another 2 years at .11 - .45 range give or take a one day spike
I would think you of all people would desperately want the rs to happen sooner rather than later.
TRTC has disappointed you for the last 2.5 years lol
All your weak one sentence replies to peoples thoughtful posts have failed.
All of your "wait till this event or day" are just jokes to everyone now lol
The company has failed you more than anyone alive on the planet lol
The truth is that they are about done trying to nickel and dime otc investors.
-The volume is not there anymore
- Events do not excite people to trade anymore
- toxic financing does not attract investors anymore
- dilution is not bringing in the money anymore-with low investor interest
i mean 1 billion shares outstanding is no joke nor is insiders selling all their shares lol
the writing is on the wall
People read the financials now and know whats coming. SO once its cleaned up and reset...then you will see the pps grow, and big investors come aboard.
Again sleeper there will most likely be a reverse split in 2018.
If not your looking at .19- .40 pps range for the year.
I am not sure how many shares they can increase/approve to the 900,000,000 outstanding already, but
once they feel they cannot sell anymore shares and toxic financing is not worth it for pennies on the dollar anymore---> AND most of all the Customers are just not there to buy into it anymore.
You will see the consolidation ( RS) to bring in new money. They have to make the numbers look good again to pull in people that can actually read and understand a financial report.
As Derek said-
They will also consolidate if they can get a buyer like canopy growth just did. Just imagine what 275 million dollars in cash for 10% of the company would do for expansion.
The question is not will there be consolidation, but what the ratio will be
I am ok with a 5 to 1 that would make everyone happy..... but my guess is it will be 10 to 1
This is a very very big year coming up for this company. Derek said do not judge us now..give us 2 to 3 years.
2018 will be the third year....lets watch the show and see what happens
How many times does finance have to be explained to you, or how many times does Derek have to say consolidation will be done if there is buyer/or merger. Which they desperately would like to take on after seeing CG get 275 million dollars for 10% of the company.
They would need to consolidate if they tried to uplist as well.
This company's pps has been dead in the water for a long time, because of dilution and toxic financing.
Any smart investor who can break down a quarterly financial report will not invest big money into this company until it consolidates....meaning reverse splits.
I find it funny that you mock the notion
A RS is a tool that every company uses when it is time. At close to 1 billion shares outstanding, and investor interest at a all time low ----> its very close to the time.
How many times does finance have to be explained to you, or how many times does Derek have to say consolidation will be done if there is buyer/or merger. Which they desperately would like to take on after seeing CG get 275 million dollars for 10% of the company.
They would need to consolidate if they tried to uplist as well.
This company's pps has been dead in the water for a long time, because of dilution and toxic financing.
Any smart investor who can break down a quarterly financial report will not invest big money into this company until it consolidates....meaning reverse splits.
I find it funny that you mock the notion
A RS is a tool that every company uses when it is time. At close to 1 billion shares outstanding, and investor interest at a all time low ----> its very close to the time.
That is a fact. I have been holding for so long waiting to see the explosion Derek spoke of on the conf call.
I just pray it happens before the reverse split. That will allow some of us to sell some stock and then buy back in big time after the consolidation.
Thats always been my wish
You are worthy of putting on ignore with that ridiculous post lol This will .25 easily
Again sleeper there will most likely be a reverse split in 2018.
If not your looking at .19- .40 pps range for the year.
I am not sure how many shares they can increase/approve to the 900,000,000 outstanding already, but
once they feel they cannot sell anymore shares and toxic financing is not worth it for pennies on the dollar anymore---> AND most of all the Customers are just not there to buy into it anymore.
You will see the consolidation ( RS) to bring in new money. They have to make the numbers look good again to pull in people that can actually read and understand a financial report.
As Derek said-
They will also consolidate if they can get a buyer like canopy growth just did. Just imagine what 275 million dollars in cash for 10% of the company would do for expansion.
The question is not will there be consolidation, but what the ratio will be
I am ok with a 5 to 1 that would make everyone happy..... but my guess is it will be 10 to 1
This is a very very big year coming up for this company. Derek said do not judge us now..give us 2 to 3 years.
2018 will be the third year....lets watch the show and see what happens
Well when your expenses are higher than your revenue, and you show no profit...
And your pps is a dismal .19 and can't hold any gains because of dilution and toxic financing
Yea you should prob show some respect to your shareholders
Durrrrrrrrrrrrrrrr ahh duhhhhh
If you knew how to read a full financial report and understood all the moving parts
You would not say such idiotic things lol
This board is getting dumber by the minute
I just shake my head at posts like this.... People should be mad because the pps is dismal, and they are making money hand over fist. Hence Derek buying a new beach house.
Diluting and toxic fin till the daily volume and investor interest declines ...is no way to keep running the business.
Hiring shady so called professionals to your executive team is not a good sign
Selling all your shares is not a good sign
They are clearly draining this pond for every drop of water it can get before pressing that magical button
and reverse splitting aka consolidating all the numbers to look fresh again---> and prob run the same successful game it has played the last 3 years. It gained them alot of cash cows.
SO yea black bear people kinda do have a right to bitch and moan
Only a blind fool would think this ship is sailing right for common shareholders
Thats an interesting article...I did not know there was sooo much room for expansion in Oakland CA.
I really think Derek is holding back.....There are a lot of things in the works along with a reschedule due in 2018.
I truely think if he lines things up correct and cleans up the books alittle bit....
2018 could be 1 story after another
- new disp open
- new grow fac. open
- new permit
- buy a new disp
- 55 mill rev guidence for 2018
- Good qrt 1 rec numbers
- new lv disp
- feds reschedule before Canada goes full rec
This can lead to a monster push and run up in the pps
Its due....its been 2 years
In 2016 ( ran to .60's) the timeline kinda set up like 2018 will be doing.
I think 2018 could be a big year ( a nice huge artificial run).....If they want it to be lol
Wishful thinking i suppose
Its one of two reasons they are paid to plant sometimes true but negative seeds - Like Mags imho
There is no godly reason why someone would be on this forum 24/7 7 days a week plus holidays
Also why would he or she send personal emails to people trying to promote other stocks lol
With that said i appreciate some of the info from those type of people....its something you can take and form your own opinion after doing your own research.
I personally have just grown tired of the rise - reset - recycle dilution and toxic fins routine.
Its time to clean it up....or at the very least give us a decent run ...before the consolidation
Its hard not to be negative....i mean 2017 has been a bust for everyone but Derek, Salwa, and Nahass
Great year for them....
I have bought and sold Canopy and Aurora a few times. They cycle up and down a lot.
After seeing whats happening in Canada..lol with a couple of their best companies in the MJ market.
I am hoping Derek can give us a run before the consolidation next year.
Its possible....if things line up right. There is no way Canada is going to beat America in the MJ race. Believe that! 2018 things will change fast in the USA.
USA does not leave money on the table. They will want to be the free worlds leader in domestic and international Mj business. No way are they going to let Canada Take over those markets lol
If the pps is struggling mid November at .19 what news is going to make it run at year end?
Opening a new dispensary doesn't seem to work anymore...as crazy as that sounds.
Ca rec going live ? NV rec going live had very little impact to pps
Also every year end there is usually a sell off for tax purposes.
Is the pps going end the year at .15 ?
History tells no lies... they have a shady past, and hired shady people to the insider club. Its the past.
The real story is that this thing does not run anymore. The pps is .19 at mid November 2017
Based off canopy growths financials /revenue before the merger
After the adjustments and rough calculations.
Our PPS should be around $1.50 -$2
Wow who would have thought the pps would be struggling at .19 in November 2017
They got us good
Even after the rec vote in 2018. The market is small in Canada.
I have read a lot about the industry in Canada, because i like to invest in some of their companies.
-The California market alone is bigger than the whole country lol Some of the top three companies are having to get creative to bring in revenue. For instance growing mj for some European countries.
- Plus Canada Health is about to release ..i think it was 12 more grow permits. That will dilute down the
margins big time with the top three companies that already were approved.
- I am reading the opposite -->That they are trying to move south to expand, which will be hard to do now.
Yea i see it went post split from $16 to $26 pps. So say if trtc did a 10to 1 today at .20 =$2.00 pps and then it doubled like yours to $4 pps
its good, but i invested in this company hoping it would grind its way up to $4 pps without a reverse split. I think it could have happened if they just did things different
So my point is this if you owned 400,000 shares at $4 = $1,600,000
With a split
40,000 shares at $4 = $160,000
Big difference in earnings for sure
Thats why most people hate RS
Its good to buy into a company after a rs, when it does that usual little dip
Time will tell
It is not always like that, but most of the time it is. I think in a emerging new market it would be different.
I have gotten burned by a rs before. They did after hours on a friday. The bank of ireland. I had to hold the stock for another year to make alittle profit.
Are just not understanding business? lol When you approach and soon surpass 1 billion shares OS
And the calculate in the financial numbers..... The price per share is where it should be.
Like Derek said last week.
Unfortunately Dilution/toxic financing is still a tool he uses to finance trying to get these 2 new dispensaries in LA and San Diego market.
He basically said he would reverse split if a merger like canopy growth just completed with big alcohol. He also went on to say that companies like to see consolidation before buying into a company.
Well with almost 1 billion shares at our current revenue/expenses/ ect.... you would have to Reverse Split to meet those needs.
Why keep adding to OS count past 1 billion for pennies? When you can sell 10% of your company for $275 million dollars like Canopy growth just did! Get it now.... thats what Derek wants......
It is smart business and will get him richer far faster than nickel and dime common shareholders for 3 more years.
Derek basic told us there are similar deals on the table once feds loosen up laws. He even went on to compare the numbers between the 2 companies.
Canopy Growth has 171 million outstanding shares compared to trtc 900 million
Both companies bring in around the same revenue. We have a bigger upside
This is clearly where derek is going and should be going... once they do this they will either sell the company or uplist. My guess is sell
The days of hoping the os count is going to stay low and there is going to be a slow grind up to $1 a share are gone.
He also mentioned that a buy out or merger where a company would like consolidation before buying or investing into trtc would be an option for reverse split. Which is what derek is looking for, and hinted at getting once the legislation changes. He was veryyyyyyy aware of the canopy growth deal, and even kinda went on to explain how even trtc at its current state of close to 1 billion OS count is even more attractive then they are for specific reasons he mentioned
Sleeper how can you say that lol Derek said on the call that a reverse split is a tool he will use if there is a merger on the table or if there is a up list opportunity. With close to 1 billion outstanding shares out there, You will find it very hard to bring in any long term investor than can do basic math and read the financials. Would you invest in this company if they add another 500 million share outstanding just to sell then for penny's on the dollar ?
The pps would be worthless. A smart investor would read the financials and laugh. It is a very simple formula to figure out what the true fair market pps should be for a company.
Now you can say, maybe i will catch lightning in a bottle and a big news story or event like the old days will cause the pps to skyrocket?
First there are too many shares for that( 1 billion) Second->That does not happen anymore.
We had some pretty big events come and go in the last 2 years, and the pps actually decreased due to Derek selling into the news during the news and after.
So LIKE DEREK said .....he is going to exhaust this system aka DILUTION--> RAISING THE SHARE COUNT AS HIGH AS HE CAN GO AND SELL THE SHARES....
I think->Until a few months before the feds are going to reschedule. I have a feeling they will know, because they will have connections and a deal in place with the big alcohol companies/lobbyist who want to buy into the market.
Till then its .179-.39 range for the next year
Dam nothing is ever going to move the price per share... because Derek sells into any news /event before ,during and after. He is kinda competing against his shareholders.
The shares mean nothing to him.... Like he said all he has to do is reverse split to raise share price
to meet a buyer or up-listing need of having a higher pps.
The dilution is just out of hand.
I have a feeling the pps will be at this level until something better comes the insiders way. Like a merger or up list.
They see the free money at no risk to themselves. So unless something better comes along to give them more money than diluting the shares. This thing will be dead in the water.
lieing greedy criminals
Did anyone think at november 2017 the pps would .189
It will interesting to see what Dereks revenue guidance will be for 2018. I would say $50 million
Man that was a interesting article... I actually researched that company awhile back, and i thought maybe social media might work in that forum, but i declined to invest.
To be honest with you...even one of my top 3 Canadian mj stocks has given me some serious concern.
I am currently left with 3 companies , of which TRTC has the highest revenue (also highest expense and os) , but also the most potential for future growth.
I am hoping Derek is sincere in his projections, and at the very least gives use 1 decent run >$1
before the consolidation.
If the OS count stayed firm and they spent their own money from here on out. --> then the feds rescheduled before the RS(consolidation) ---> that would be a huge inflated PPS run up of >$1
That would be a gift from Derek to us old time supporters.
Then no one could complain anymore if they didn't sell some of their position before the consolidation.
It would be on them, not Derek
I personally would sell and buy back in hard after the consolidation
That would make no sense. Trtc is an actual company making >$38 million dollars a year in revenue in its infant stage. Granted they have $40 million in expenses.
NRTI was Micheal James scam from day 1. It was never a real viable company. It was created to take advantage of the early mj hype. He took alot of hard working peoples money.
I hate that Derek hired this guy.....ANd no matter how well trtc does..i will always have it in the back of my mind that Micheal James is part of that organization.
We were talking based off say feds rescheduling news or big buyout event how it would explode with the low os after a RS.
Insiders in the MJ industry/ tobacco and alcohol lobbyists will know when its coming.
That is prob when a RS will come in my opinion.
I think 1:10 reverse split would be a happy place for everyone. Leaving roughy 100 million shares outstanding. I can't see them doing a 1:25 its too much.
I think they can do a 1:10 and pps can shoot up to $50 with the right news or reschedule or new partnership ect..
Yea sometimes having the fancy waiting room and decor is what they say " All Fluff"
You have to have good products and large variety. People like sales.
Word travels fast, and you only have one time to make a 1st impression.
Thats not good news to hear.
Say what you want ..there is not 1 lie in that article. I mean lets be honest Derek surrounds himself with shady people with no moral fiber.
Micheal James
Thomas Puzzo
Kenneth P. Krueger
You have to wonder why Derek would hire these people....
Man that is some eye opening information you just shared. I did not even know that was possible.
Talk about the cards stacked against us...
Your right why would he sell all his shares....
Seems like he bled this pig dry... Whats crazy is that he has so many options and tools at his disposal.
All the shareholders have is sell
I am ok with it all.... Derek just give us 1 big run....for the old timers
You clearly do not know how to read the financials in FULL
Read a couple of MAGs posts and retrace where he or she got the numbers --> That might help you learn.
Revenue is not the only thing to judge a company's financials lol geezzz
Do you see the PPS going thru the roof today genius? Think about why now
And just go away
Serious...if Derek can get a deal like Canopy Growth infusing $275 million dollars into the company for 10%... before raising OS count and rs
Game set and match..... This thing would go through the roof.
It would also tip the governments hand in whether it was going to reschedule mj.
The alcohol lobbyist will know before they invest a quarter of a billion dollars..believe that!
Canada is voting for legalization in 6/2018 i think or May im not sure.
SO that is why canopy growth got that deal
It will hit .25 by year end.....I think Derek wants the pps to show at least a 10% increase from year to year on paper every jan 1
They need the metrics to show progress...it looks good for the up listing and for possible buyers.
SO you will get .25 no problem
I agree, the present and current future is great for the insiders, but not for common share holders.
I hate to say it, because it affects me in a negative way, but....
I think the best move is stay on the sidelines until after they consolidate the share count, and then buy back in the dip..that usually happens after a reverse split.
Or you can chance it and hold ...hoping the feds reschedule before the OS count hits 2 billion/RS
You would prob make more money holding if the feds reschedule, no matter what the share count is
---> rather then trying to cash out after 10 t0 1 reverse split.
It doesn't get much cheaper than .20 lol Yea thats my goal lol This forum has no effect on the pps
Only a fool would think that it does.Everything i complain about is historical fact....it has already happened , and continues to rinse -> repeat--> recycle
I have good news for you....If Derek follows through on his plan of continued mass dilution and toxic finance. You will have plenty of opportunity to by shares at the .20 level.
Now if they respect the OS count and start to use their own money.....thats different story..
John, I like the direction Derek is going. But if it it raising the os count to say 1.6 billion?
Your smart...you do the math what do you think the PPS will be? Not good
I am just saying it would be really nice to see them use their own money for this next phase, and keep the os count at the current level. Then this would be a great buy now and hold opportunity.
You see they do not care about the common shares, i believe they can legally just RS to consolidate the books and then re issue shares to themselves again.
They are making money now.
It would be nice to see them use their own money now, instead of giving away millions of shares for 1 million dollars.
I hope they could bring in an investor like canopy growth just did. They gave away 10% of the company for something like $275 million.
Thats all i have to say for awhile
I agree. The financial numbers were really bad. I don't even have to talk further about that.
We all read the financials
If i were to believe Derek for his word, which i don't.
I like the idea on expanding in San Diego and LA, but where is he going to get the money?
He cannot dilute the common shares anymore than he has already, can he ? YES
What are we going to have 2 billion OS count? and .15 pps?. YES
Look on the bright side Derek will own all these new cash cow assets.
I do like that the change of seed at the NJ facility will not cost too much to switch over to MJ.
I understand the direction Derek is heading. It makes sense for him, but it sucks for the shareholders who invested early with the company.
He pretty much said he will continue to use the tools afforded him to grow the company.
Which means he will continue to dilute and use any toxic financing he can get in the future.
This will also lead to increasing the OS count to obscene levels.
This leaves us in a bad spot for maybe another 2 years. Unless the feds reschedule sooner.
Again i can't say this enough. Doing a reverse split to make your company look better on paper after diluting the common share down to pennies is not a good thing for us.
Keeping the os count where it is now, and executing the CA expansion would be so much better for the shareholders. It is the difference between taking a vacation or buying a new house with your profits.
I would like to see them expand in CA using their own money....and stop diluting. Then once the feds reschedule. Like Derek said this will explode to god knows how high.