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This boner is poised to pop!!! $$$$TRTC$$&&
Think one in the same lol love it though $$$GRNH$$$
TTCM is going to explode $$$TRTC$$&
Any ETA on the patent? $$$$TTCM$$$
Thinking this will close green today $$$$$GRNH$$$$$
Today GRNH will explode see you in the .11's!!!!!
Same to you :)
Glad you made some gains. Still loving my .11 @100K all a test of nerves here ;)
Sorry Mary, seeing how you have been wrong the whole past year and have suddenly turned bearish (lol) is a buy/hold signal. Should have loaded or held sorry;) $$$$TRTC$$$$
All with love - MJ
90K position today!! First post on this board, lets rooolll $$$TTCM$$$
Back above $15 by Friday $$$DB$$$
Awesome!!! Glad to hear :) $$$GRNH$$$ & $$$$TRTC$$$$
Sleek: Your grand salami is killing it!! Congrats!! $$$GRNH$$$
After hours pr??? $$$TRTC$$$
Huge buys!!! $$$GRNH$$$
Huge open folks, here comes the run!!!! $$$$TRTC$$$$
APPROVED says it all. This is the stock of the year. See you in the $100s!!!
$$$$SRPT$$$$
Wegmans!!! WOW $$$TRTC$$$
Man they make it rough for holders. But GRNH is the strap on bro!!
Hahaha all in good time!! $$$GRNH$$$
I heart Sleek!!! $$$GRNH$$$
High 5!!!! $$$GRNH$$$
No competition!!! $$$$SRPT$$$$$
APPROVED!!!! $$$$SRPT$$$$
Best play for the Nov run!!!$$$GRNH$$$
OFF WE GOOOOO!!!! $$$$TRTC$$$$$
.38 close $$$$TRTC$$$$$
I hope you have your strap-on strapped-on, TRTC about to tap dat A$$!!!!
Will ride into November, but the fact they attempted the R/S and luckily got called out is a red flag. These guys are professional scumbags and are just waiting to push the button. TRTC
Agreed!! Ride into November. $$$$$TRTC$$$
9/26 massive dilution trumps reverse split amendment. Sorry folks I loved this stock but wont be adding until dilution shakes out. $$$$TRTC$$$$$????
Have to agree. It was hard to accept but is true
I hope so, i still have a position, its just too out in the open to deny $$$TRTC$$$
Hate to say it but dilution is real for TRTC. 9/26 will be very interesting after the amendment goes through. I sold a lot my shares, will jump back in for November run. $$$TRTC$$$???
Everyone's panties are getting in knots over the preferred shares being exempt from a r/s. They simply don't understand what preferred shares are (sorry gurus but it's true).
A preferred share is in essence a type of Bond. A Bond is a financial instrument where someone gives a certain amount of money to a company and earns annual interest. The bond can never be worth less than the original investment. Derek could have just as easily issued bonds that would retain their value no matter how many r/s you have except that TRTC doesn't have the revenue to afford paying interest each year on them.
An alternative is to issue preferred shares. As with Bonds, preferred shares are issued at a fixed price and a fixed annual dividend. They can never be worth less than the original investment. However, as with Bonds, TRTC cannot afford to pay annual dividends.
As a last resort, and one that is attractive to investors, the company can offer convertible preferred shares, which is exactly what TRTC has done. As with the previous 2 options, they can never be worth less than the original investment. Convertible preferred shares are sold based on a given number of common shares per preferred share though, at the then prevailing pps, instead of a fixed price. This way the investor, while he doesn't earn interest, does get the benefit of any increase in common share price and his capital investment is preserved because his shares are exempt from a r/s.
Thus a bond = preferred shares = convertible preferred shares, for the most part. I could go into greater detail but that is the gist of it.
What I see happening is someone with big bucks coming in as another B series shareholder. Notice they are doubling the number of B series shares allowed. This will allow them to basically put half the company on the auction block if they want to. The B series shareholders basically control the company. We common shareholders really don't have any real say in any proxy vote because the preferred shareholder's voting rights far outnumber those of the common shareholder. The annual shareholders meeting is simply perfunctory, required by law.
The fact that the preferred shares are exempt from a r/s is not evil genius or some self enrichment scheme. It is simply a standard way of attracting large investments. No one, not a single investor, is going to come in and drop $75 millions into TRTC to just buy common shares. It ain't going to happen. Simple as that. They are going to want some sort of semi-guarantee for their money and convertible preferred shares give them that. This is why TRTC *WILL* become a major player in the MJ industry.
Common shareholders like us peons are a minor but necessary nuisance. We allow the company to get off the ground by buying up all the shares financiers like Dominion dump on the market. We can benefit greatly if the company is a success but our investment is highly risky too because a series of r/s could virtually wipe out the common shareholder. However, if TRTC is wanting to get to the NASDAQ where they can really attract institutional investors, they are not going to destroy the base of common shareholders. It would be anathema to their whole plan for the company, which is ultimately to get bought out.
I don't know how I can make all this any clearer. Folks need to study investing in the stock market and learn how it really works, learn about the companies they are interested in (but not from a stock message board like ihub), how they manage and grow a small business, and most importantly the financial tools that are available to them for financing the business. I get so tired of people running around like chickens with their heads cut off screaming about a r/s or the increase in authorized shares, acting like they know something about the stock market and how companies become big players. Frankly, 90% of you have no idea what you are talking about and are only repeating what you heard some other headless chicken squawking about.
Genius on Yahoo. Thanks Frank!
$$$$TRTC$$$
TRTC STRONG!!!! REVENUE MACHINE!!!! $$$$TRTC$$$$
Boom, proof in the link below!!! $$$BLGO$$$$
http://finance.yahoo.com/news/biolargos-aos-filter-system-technical-152308345.html
Another dispensary opening this weekend!!! REVENUE MACHINE $$$TRTC$$$$$
REVENUE MACHINE!!! $$$TRTC$$$ time for dollarland folks!!!!