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There's a difference between build value and start up.
TRTC is really stuck in "Start Up Mode", despite this company has been business in long time. It takes a long time for TRTC to build value, my question is why rushing everything so fast? Why not build value in bookkeeping, not "OVERZEALOUS SHOPPING SPREE!"
They are bleeding value, not enough band-aid
In business world, they need to know how to heal not bleed to death.
It's coming, dilution and watch out.
They keep expanding and burn money.
They are so stone to make a profit.
Congress and Drug Price Control
Watch out guys!
Without Transfer Agent, who fool you?
Good grief!
Tweet pump tweet pump!
Does he work?
Rinse and repeat, because dilution and take back to fool you. That is why there is no Transfer Agent
Is that strange Bill tweet and watch cartoon t.v.?
Easy money for him, don't take his bait!
Market capitalization is $20,000,000!
No way! This is a pumping fantasy!
If they can't get loan from the bank
Your dream pop!
Wow, I just saw on the t.v. news, taxes on marijuana will help build home for homeless, Genius!
Blum want stock, not cash and because of 2 things to vote and have power to say. Also CEO has a strong root in Wall Street, so if CA legalize marijuana as recreational, then everyone will be happy right? Anyway, they took the risk, knowing that TRTC is bleeding cash, so they came up the plan to merge together to get a BIG LOAN from the bank to stay in business.
TRTC needs to merge another pot company to survive, they are running out of cash so when they merge together with another company they will try to get BIG LOAN from the bank to stay in business.
Medical Marijuana Ban Vote
In Oceanside, people vote against it due to safety and distribution risk. Oh well.
Oregon Rep. Peter DeFazio (D wants Fed crack down marijuana.
Not good news, occurred to news, people complain that smoking pot leads to hard drugs, like heroin, speed, mushroom and so.
Welcome to stone world
I think it smell fine, but I run for cover just in case.
If they merge together, but my take they will try to double down "Borrow Power" to get more loans to help them to stay in business if they do and you should run for cover.
Volume start to dry up and then cake in the mud.
That is not good.
A gangster can sell pot for less than Terra Tech!
Modesto bans medical marijuana grows
Too many abuse California marijuana laws.
Why they take shares? Because TRTC don't have the money.
They haven't made money yet, They continue to find a way to burn more money.
It is coming a real purchase order!
It is my gut feeling!
Oversold vs Bullish News
I am taking advantage to buy this "Crazy volatile" This company has a bright future!
This rocket is going to crash
Can you say, pigs get slaughtered
TPAC is going to grow.
China, which needs $1 trillion worth of aircraft over the next twenty years, has under-ordered by some 750 planes over the next decade, the chief executive officer of lessor Avolon Holdings Ltd. said, suggesting more orders lie ahead for Boeing Co. and Airbus Group SE.
To build a moat is to increasing authorized shares.
This penny company don't want to be take over by Snap On Tools.
Read this, the purpose of increasing A/S
Best Answer: Actually, no its not. Let me explain, first just because they issue additional authorized shares does not mean they can cash in so to speak.
In addition, my experience has been most times when a company wishes to increase authorized shares is to retain control of their company usually from hostile take overs. I will explain further, because I looked at etrade stock recently, they made a drop on opinions not facts, and their diminished price is pretty attractive for a company to offer $8 almost double, and what they are worried about is the shareholders would be willing for the $8 although the true value may be higher.
So in conculsion, they use the authorized shares as a protection measure from any change of control of ownership, in addition they can also use their authorized shares to acquire other companies rather than using their cash (of which they have in excess of 2 billion) they can use stock for stock transaction and actually increase wealth to the company of which increases wealth to your share.
So actually no it is not bad when a company increases authorized shares
I used to work for Snap On Tools,
Anytime the company want to buy tools or parts, first they submitted (RFQ) a invoice with the quote for specific tools and how many tools and part they want to buy. So I have a book of list of tools and parts, I look it up and to get information and price quote. This is done either fax RFQ paper back to company or send the RFQ via eamil. Customer can call to get more information or detail.
Game plan, Move over Snap-on Incorporated
Buy as much you can, I see stars!
I'm in, screw all shorter!
Yes, I think it will reach $1.00 at end of 2016.
See recent news Boeing got huge contact $10 billion dollar for Boeing airliner.
Read below
Aviation experts predict that China will need to purchase more than 6,000 aircraft in the next two decades, spending about $950 billion to do so
Yes, China Southern orders 110 Boeing jets worth $10 billion
USA TODAY-Dec 17, 2015
China signs deal to buy 300 Boeing aircraft
English.news.cn 2015-09-23 19:34:47 More
SEATTLE, United States, Sept. 22 (Xinhua) -- A group of Chinese companies signed here Tuesday a deal with U.S. plane maker Boeing to buy 300 Boeing aircraft
Aviation experts predict that China will need to purchase more than 6,000 aircraft in the next two decades, spending about $950 billion to do so.
I can't wait to buy at lower price!
What price should I buy?
They have no working capital!
Balance sheet is so bad, real bad see below.
cash: $96 thousand
current assets: $100 thousand
current liabilities: $490 thousand
net loss: $1.5 million.
Tomorrow this bubble will pop!
Get ready to burn your money!
First order is $100,000 and next bill is $50
For cancellation fee.
Is that funny? That is what I predicted and because there is no working capital. What a joke.
I put a buy order at .0000001
Learn to buy at the dip.
China crash, wait to buy dip at .0000001
Good grief! Chinese don't have any money to buy and smoke this crack.
Beware the gap down!
More selling and because buyer want to wait until SEC clear investigation.
No buyer will touch this stock
AVXL could be the next KBIO.