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This is simply your OPINION based on NO FACTS WHAT SO EVER -"TRTC has plans for a reverse split " -ABSOLUTELY NOT TRUE.And no one can predict the future.
Wow,looks like I lost the last 30 cents of my value on this.LOL.Tax write-off woo-hoo.F*&KRS
Yep, you've got to pay for the politicians and the lobbyists in the business world of today if you expect to get anything done.Derek has his shit together and knows how to play the game."To infinity and beyond"
TRTC = GOLD,baby!
Sounds like a solid addition to TRTC with an eye toward building out the brand NATIONWIDE--"BLUM AMERICA",has a nice ring to it.
Nope ,July #'s will be for the Q3.They should be very juicy numbers indeed for the Q3 ,which started July 1.
RE: Cost of goods(COGS) -- remember that the costs associated with building a NEW business(which TRTC was for the past few years) vs the costs of running that same business once it has been established(which is where TRTC is NOW) are not the same.It should be very obvious that a LOT of start-up costs,one time costs, do not continue after the business is well off the ground.Also the COGS do not go up exponentially with the amount of revenue generated.It simply DOES NOT cost 10x or 20x the amount to generate 10x or 20x the revenues.As a rule your cost per "unit" should be going down the more "units" that you sell.If it's not,THEN you have a problem.TRTC does NOT have those problems and the current COGS will most definitely be less per unit then it was during the growth stage of the business.
You should have read what led up to that post of mine.Clearly "tongue in cheek".You probably aren't familiar with the "legends" either :)I am WELL aware of the struggles of this group of stocks as I'm invested in quite a few.Cheers.
I think we're due to start seeing a slooowww steady climb.It is now known for a fact that TRTC is producing serious revenues in excess of a million dollars per week.That's certainly nothing to sneeze at.People are becoming true believers and more investors are becoming aware of TRTC.We're at about 150 days til legal California rec in Jan. 2018.The political climate is easing and there should be more good things coming for the industry.More and more politicians are getting on board with legalization.It is just a matter of time before banking and tax issues change and become more favorable to MJ companies.Maybe they'll even get this thing re-scheduled sometime soon.Derek is keeping Terra-Tech on the leading edge of the industry,continuing to build the TRTC/BLUM brand.Steady,SLOW upward momentum for now is what I'm looking for.When the Q3 comes out in a few months I expect a nice jump as those #'s will be impressive, and then the big ride should begin.Ya'll know I'm LONG and STRONG on TRTC.Just my 2 cents worth--Grizz
Nothing there but GOBS OF TRUTH,Briarpatch.
Re-investing that money into the company to grow TRTC,expanding the brand and capturing more market share.THAT'S HOW YOU DO IT,DEREK.Long and strong, TRTC is a BEAST.
That is VERY GOOD news in the ongoing fight for marijuana NORML-cy.We get closer everyday to making things absolutely LEGAL and RIGHT for legal adult usage of our God given herb of choice.END PROHIBITION NOW!
Ah-sooo.You speak great truth Ching-chow.I be with you.TRTC is the GOLD STANDARD of the MJ stocks.
Using stock to grow out your fledgling company.Who woulda thunk it.Oh Derek Peterson, Terra-Tech CEO and MJ industry leader,that's who.Boo-yah."Good things come to those who wait".I think TRTC is gonna be VERY GOOD to us long term investors with the patience to ride it out.
Great article Briar,thanks for sharing that.For those who aren't already aware of these circumstances, perhaps it'll open some eyes.Everyday more and more people are becoming aware of the tyrannical oppression being brought against people regarding this so called "war on drugs".Knowledge is power.People need to keep educating themselves about what is going on in their surrounding world, to try to make right that which is wrong.Slowly but surely we are winning this particular battle-"war on drugs",but the fight goes on.A shout out to those politicians who are on the side of the people,the side of righteousness,and moral correctness.It is good to see there are some who still have a backbone and will stand up to "big money" and corrupt power and greed.-Grizz
Bingo-.255 on the close.Good,no -GREAT things on the horizon for TRTC.
I second that e-motion.
Yeah the Q2 should be the same ol',but the Q3 should blow everybody away.155 days til the California New Year!
Apparently she doesn't read this board,eh?At least you hope not :)
Pay attention for just a little while here and you'll figure out whom to pay attention to,as opposed to the small gang of fear mongers with an obvious ulterior agenda.GLTU.LONG and STRONG TRTC.
I like it, I'm on board with that.-Grizz
Nice informative article Goku83 ,thanks ."Terra Tech Corp (OTCMKTS:TRTC) is one of the original pot stocks on the OTC led by Derek Peterson “The Public Spokesperson for Medical and Legalized Marijuana.”(I love that quote re:Derek) TRTC is the only US-based, publicly-traded company that touches every aspect of the cannabis lifecycle—from cultivation, to extraction, to branding, and now, with the acquisition of Blum, to retail sale.NICE-Grizz
I think you are correct,that TRTC will keep spending the money and growing the business buying more properties,etc.Why not? That's been the process all along, and at this point in time I'm OK with that.Taxes on profits and banking regs are still restrictive,so keep on building the beast until the rules change favorably.Build up in Cali,build up in Jersey,build out in Nevada.Stay ahead of the pack,Derek.In time we'll all cash in.In the meantime it'll give some folks something to complain about.LONG and STRONG,TRTC is the REAL DEAL!
And to that lawsuit Jeff Sessions replied "Of course they're racist,what's your point?."
Quote "when you mentioned DP making a salary of 250k PER DAY "-uh that would ABSOLUTELY,INEXCUSABLY INCORRECT INFORMATION.In other words a TOTAL LIE.Let's stick to some true statements,please.
Is it true that the person being considered to replace AG Jefferson Beauregard Sessions is some guy by the name of Putin? I hear he has some type of experience in government... :)
Unfortunately it may be hard to find anyone worth their salt to fill the AG position.It looks more and more like anybody with any brains, conscience,or morals doesn't want to work for this administration.I'm afraid only power hungry lunatics might apply.Now we have serious people in the fed gov't questioning the mental health of the elected "leader".
http://www.msn.com/en-us/news/politics/analysis-senators-on-hot-mic-trump-is-%e2%80%98crazy%e2%80%99-%e2%80%98i%e2%80%99m-worried%e2%80%99/ar-AAoP5Iv?li=BBnb7Kz&ocid=U348DHP
Chicagojosh- Only on Fridays Happy Hour 4-5 est.Free pm's for all on ihub,FYI
Seriously ?? "Meth, cocaine and heroin are now decriminalized in Oregon"... If you get caught with any of that you do NOT get arrested or at least get a ticket? That sounds crazy,I have trouble believing that.Can anyone confirm this,or do you have any link to a confirming article ?Thanks.
"Meth and cocaine are schedule II drugs and thus considered more benign than marijuana under the law." Good God, that is absolutely F-N crazy.The persecution of "all natural" marijuana MUST COME TO AN END.Chemicals bad ,natural good.
Great history lesson BP.Thanks for that very interesting info.Conspiracy theorists be damned.
I'm pretty sure the Russians have it.
HAPPY HOUR from 4-5 EST every Friday-free PM for everybody.GLTA-Grizz
The bottom line is TRTC is one of the seriously legit ESTABLISHED operations pulling in very real and very large revenues.A lot of the lesser companies will go by the wayside.I do NOT think Terra-Tech will be one of those. Derek has made TRTC an industry leader and they will continue to be, IMHO.
For those with hopes that just cuz NV rec sales began July 1 this stock would boom to 1.00 in a week,your expectations were NOT very realistic.NV rec was a huge catalyst toward the overall good and growth for TRTC,but let's be real about it.I see a lot of newcomers to TRTC board recently,most of whom sound realistic in their expectations for this stock,while some of the same very old BS still gets tossed around.Take a good long look at what TRTC has accomplished these past few years and you'll see they have built up quite the operation in a "quasi-legal", difficult to maneuver market.Sure ,you are still able to play the flipper game with this stock if you choose but I believe this is a company to invest in long term.Look ahead at what is to come.California is gonna be HUGE and yes,they are now pulling in SERIOUS revenues from the NV dispensaries.Derek has been staying two steps ahead with his acquisitions and build outs.I fully expect him to continue to do so,as he currently is doing in Cali as well as NJ.I'm more than happy to let him re-invest some of our $$ to keep building out this beast.The laws will grow more favorable in the not too distant future and TRTC WILL PROSPER in the long term.I am LONG and STRONG on TRTC!--Grizz
Must disagree with that "It is delusional to think Sessions is doing anything to impact the stock market." I think there is still some fear and nervousness by big money investors re: the MJ sector as a whole with this little racist bastard as AG.If the threat of any sort of fed crackdown were completely gone,I think the MJ industry as a whole would really take off.You would then start seeing a lot more big money being pumped into the sector from all over.That'll help take the industry to the next level and banish the fed threat for good.Though I don't believe any sort of fed interference will ever happen,some investors are still hesitant to put their money into "the weed market".We need to totally remove the threat of any fed crackdown.Then we can begin making the appropriate changes to the banking regs and tax laws.All that will make the sector fly,and TRTC will be leading the way.
I would WHOLEHEARTEDLY AGREE WIT U.
We'll be all right,correction/profit taking was inevitable. Remember BIG PICTURE here.Patience will be rewarded.
Somebody who made a dime per = $50,000.Shit I knew we'd see some of this,didn't expect it quite so hard.
Well,thanks for the input/knowledge.As an investor,I was referencing publicly traded companies.Private ones I'm definitely not as in tune with.Thanks for expanding my knowledge,IP.
That is without a doubt ,and BY A LONG SHOT.Can anyone name one MJ company(on US soil) that has a current build out and product line in place like TRTC does?Anybody?.Just one ?I DIDN'T THINK SO!