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Thats good news.... so thats 3 dispensaries in CA
Anyone know the cost or price paid?
Believe it or not...i know a few angel investors in the real estate game, and they are content with anything over 20% gains
I would cry tears of joy and promote this company on every board and forum and person around if it hit $2.50 pps without a Reverse split.
They will never ever use their own cash....when there are shares they can use for currency
Big tobacco....could buy and sell any mj company in the USA 10,000 times over. All they would have to do is buy a branded company or a company that has multiple locactions and grow sites and rebrand it. Then buy their way into every state....done.
It would be so easy for a tobacco company. Just like the dot com era ....The big companies came in and bought up the smaller ones and consolidated them into one brand. Some of those brands failed lol
Once 1 big fortune 500 company sticks its toes in the retail side of the mj water. The flood gates will open.
There are not too many other ways. Some people partner up with a personal financier.
Or just grow more organically, and not obliterate the common shares worth.
I get it now....the shares are worthless to them.
These assets we bought for them are cash cows for life, and will only gain in value. After july 1st--> They realized that fast and said who cares about the preferred shares and gave in to the common share holder.
They have a small branded base now, and can sell it to the highest bidder when mj reschedules. All they have to do is expand ivxx outside ca and nv....which will be hard. Then just sell it all
I do not know anymore...like i said before i gambled on 2016 being the rocket ship year.
If opening 4 dispensaries, expanding eg super leaf, and rec mj being approved in the states you operate in does not make an impact on the pps i do not what ever will.
I certainly do not think quarter 3 results will do much to the pps. I think it will spike alittle because of flippers and dilute back down as usual. It will probably end the year 10% to 20% better than last year for metrics purposes.
They will never break their formula. It is free money. All the criminals have to do is throw some crumbs to the floor once or twice a year and you all praise them.
They gained soon to be 6 dispensary cash cows....for life off dilution and toxic financing. Why stop now?
They may get 1 more dispensary , maybe 2 tops. They will not spend the amount of money spent on Blume OAK again. They needed Blum OAK desperately..and is why Derek gave away so much to get it.
I think the reason for the new hire is to totally hit the road and try and sell ivxx. Which has not been expanding well beyond blum the last few years.
So i think they have a nice little branded package to sell if they can get ivxx to grow. I personally do not see ivxx doing anything outside blum, unless they just start giving it away for half price or offereing spiffs on each sold. Way too much competition in strains....the corporate packaging doesnt mean shat to mj buyers, and might actually turn most hipsters off.
Wow moral is very low for this board. Lowest i have ever seen. Even the cheerleaders are given in to the reverse split or repeat-> rinse-> recycle formula as demoralizing.
You guys finally understand why i'm always ranting in frustration. .22 pps is a joke....whats more of a joke is that they are still trying to nickel and dime us when the volume is low with dilution or any toxic financing they can get that will accept common shares as currency of course.
This year has been the worst on record for the common share holder.
It has been the best year for the trtc insiders since 2014-the year of dilution--> where they made a killing selling the common share down from $1.40 to .28
2nd week of September 2017 TRTC PPS is .22 what a joke when they are about to be making > $250,000 a day...with that number soon to be higher is they can finally sell ivxx to anyone but themselves outside of oakland and nevada
Why have a reverse split now? WHen they can still increase OS count and dilute the PPS, and pocket more free cash, or they can continue to make deals or toxic finance using the shares as a bargining point.
Trust me they got this far not using their own money.....the greedy bastards won't change all of a sudden and give that up lol
Shares mean nothing to them now....they have their cash cows..
Man i thought dealing with hurricane irma was upsetting my gut last night in Tampa, but now i read people (bleekvision) now leading up the board on talks of how a 40 to1 reverse split is good? lol
By the way all is well in Tampa this morning..... I got power and water...no damage to house.
Looks like the same for all my neighbors.
Stop fighting people.
We all agree this company is performing bad for its shareholders, and all you people spend your days protecting them and making excuses for every failure as far as the PPS and shareholders worth is concerned. Its pathetic. Ever notice the only time when things change is when people point out the greed and insider enrichment....mass dilution and toxic finaning.
Not when you cheerleaders keep trying to spin a positive for every dollar being taken from your pockets.
" wait till this day" "they are trying to flush weak hands" " doesn't matter to me i bought in at a good price" the excuses are endless and pathetic.
All the while they are still diluting as much as the market volume will suck up and will soon be making
> $250,000 a day.....
But they will make sure the expenses counter act that revenue, be sure of that.......they would never put themselves in a position where they would have to publicly use their own money.
Its a dirty dirty game
.22 PPS is a slap in the face and you guys know it.......
It said it was published 15 hours ago?
Well i care about PPS time! I do not want to wait 3 more years for him to get replaced.
If you read the article....its a lot of political drab, but i am disappointed in trump using this as a negotiating ploy, when there are so many more important issues to discuss.
I also do not like how Trump lied to the American people about Marijuana and leaving states rights alone.
He may go down as the single most despised president or man for that matter in history.
PS...i actually voted for him lol Mainly because of Hillary Clintons lies and cover ups.
You can't win either way
No just saying people freakout on bad news in the industry and we may see a sell off.
https://www.yahoo.com/news/medical-marijuana-protections-blocked-house-182813081.html
Todays going to be a bloodbath in MJ industry
https://www.yahoo.com/news/medical-marijuana-protections-blocked-house-182813081.html
I was under the impression a RS was only for the purpose of uplisting ?
If they increase the OS count that will tell you they are going to dilute the hell out of the PPS( if that is even possible), and just hit reset and RS. Its a way for them to collect more free money and screw shareholder....most of not use their money
I think they could care less about the shares anymore. They have their assets in place....
They never thought it would bring in >$250,000 a day and counting....
I personally think its disgraceful to raise the outstanding share and dilute the PPS anymore
We gave them everything and more...... Work for the shareholders now.....They are multi millionaires for life with the cash cows in place.
Why haven't all of us shareholders received this email?
That is the only thing that will raise the PPS.
They can dilute and use toxic financing all day long....all they have to say is
1- expenses cost more than revenue coming in
2- There is no banking
its the perfect plan
here are the usual excuses lol My god have some balls to scream that the PPS is down in the dumps and has been since the 2016 decline...all the while they are make greater than $250,000 a day.
Well there have been a lot of down days ..... Be a man and demand the ceo ( whoever that is) to perform.
truth hurts ....
IMHO Martin Kaufman and Salwa Ibrahim.. should be brought to light. They are clearly the evil insider enrichment master minds of TRTC. Forget about the 3 fake awards Salwa received from the marijuana industry ( It is an industry built of con people --> until its regulated)
We should all cut Derek a break....and really dig deep and learn about Martin Kaufman and Salwa Ibrahim.
As investors we need full transparency on what Martin Kaufman and Salwa Ibrahims true roles are with the company. It seems they created a masterful insider enrichment scheme.
They know this ..lol That is why they no longer care about preferred shares or common shares.
They have all their assets in place and they will now let the cash cows print the money.
The shares are now useless to them.
They are used for raising more free money ( dilution) , toxic financing, and bonuses.
The real money is in the assets -> That will soon be bringing in well over $250,000 a day for life.
TRTC will never expand BLUM across the country. They may get 2 more dispensaries if they are lucky at best.---> and IVXX will never be anything but a local BLUM brand. Lets face, it has been 3 years and ivxx is nowhere. Plus there is too much competition. No one cares about fancy packaging or branding with marijuana lol. They want a certain strain and cheapest price.
TRTC is not going to out bid for dispensary in NY, MI, CO, OR, WA, MA, TN, ect...get the point. They will be laughed at in those states. The dispensaries and grow houses will go to local money.
Mj is accepted now, and local groups will pony up the capital now.
Vegas worked because it was early in the game.:
They made a deal with the Senators son in Nevada and it worked. God knows how much they paid them off.
It was the right time and right place. Things have changed in MJ industry. It is now more accepted and not political suicide. The money is too big. Locals are not going to give those contracts to outsiders lol
Vegas was the perfect storm in a pre-mj time. Where states were not sure about moving forward with the laws.
California- i read awhile back that they paid >50 millions for blum oak. lol and gave away control of trtc to Martin Kaufman and Salwa Ibrahim at the same time.
IMHO Martin Kaufman and Salwa Ibrahim.. should be brought to light. They are clearly the evil insider enrichment master minds of TRTC. Forget about the 3 fake awards Salwa received from the marijuana industry ( It is an industry built of con people --> until its regulated)
We should all cut Derek a break....and really dig deep and learn about Martin Kaufman and Salwa Ibrahim.
As investors we need full transparency on what Martin Kaufman and Salwa Ibrahims true roles are with the company. It seems they created a masterful insider enrichment scheme.
They know this ..lol That is why they no longer care about preferred shares or common shares.
They have all their assets in place and they will now let the cash cows print the money.
The shares are now useless to them.
They are used for raising more free money ( dilution) , toxic financing, and bonuses.
The real money is in the assets -> That will soon be bringing in well over $250,000 a day for life.
TRTC will never expand BLUM across the country. They may get 2 more dispensaries if they are lucky at best.---> and IVXX will never be anything but a local BLUM brand. Lets face, it has been 3 years and ivxx is nowhere. Plus there is too much competition. No one cares about fancy packaging or branding with marijuana lol. They want a certain strain and cheapest price.
TRTC is not going to out bid for dispensary in NY, MI, CO, OR, WA, MA, TN, ect...get the point. They will be laughed at in those states. The dispensaries and grow houses will go to local money.
Mj is accepted now, and local groups will pony up the capital now.
Vegas worked because it was early in the game.:
They made a deal with the Senators son in Nevada and it worked. God knows how much they paid them off.
It was the right time and right place. Things have changed in MJ industry. It is now more accepted and not political suicide. The money is too big. Locals are not going to give those contracts to outsiders lol
Vegas was the perfect storm in a pre-mj time. Where states were not sure about moving forward with the laws.
California- i read awhile back that they paid >50 millions for blum oak. lol and gave away control of trtc to Martin Kaufman and Salwa Ibrahim at the same time.
First that is not even clever lol Second....Awwww does the truth hurt your little mental midget feelings?
Why else would you get soo bothered and have to "get me" lol
Poor baby..... it hurts your pride
Stop with potential...already....its time for the PPS to perform. It at piss poor levels.
They are making money hand over foot, and making up bogus expenses under different LLC that legally floats the money right back into their pockets.
They are still diluting shares ....which i can't freaking believe.
The writing is on the wall..... They could care less about shares or shareholders once they saw that our assets can bring in over >$250,000 a day in revenue for life. That is why they converted all the shares.
They are not going to buy anymore dispensaries for 50+ million dollars like Blum Oak.
Its over folks
They will buy out a little hole in the wall dispensary in NV for couple hundred grand and be happy.
These are now cash cows for life... The stocks are useless... they will be used to raise money so they do not have to use their own cash.
So expect higher OS in the billions and more toxic financing.
It is free money for them. Watch how slowwwww any news of growth outside NV is now lol
SL CA will be their last permit in CA....
They accomplished what they set out to do.... congrats
Now if a cheap permit comes up in a small small town...on the outskirts of a city..maybe
Maybe a grow facility in NJ in 2 years. Cali is all built out and congested. It would cost millions apon millions to ever buy a dispensary in SF, LA, or SD ...... Plus they do not have anything to offer them...like they did with BLUM OAK. They gave half the company and millions of dollars.
The real owners TRTC Martin Kaufman and Salwa Ibrahim would never be so stupid to broker that kind of deal with anyone else.... They will soon have 6 cash cows set for life..
are you freaking kidding me now its .23 pps what a joke...
are you freaking kidding me now its .23 pps what a joke...
Yep...simple answer to DILUTION ,TOXIC FINANCES, AND GIVING SHARES AWAY AS BONUSES.
THAT IS WHY YOU SEE OTHER COMPANIES OUT PERFORMING TRTC PPS. TRTC DOES NOT CARE ABOUT SHARES ANYMORE. THEY HOPE TO GET A PERMIT FOR 1 OR 2 MORE DISPENSARIES IN CA...SOMEWHERE OUTSIDE THE BIG CITIES SO THEY CAN CLAIM TO HAVE A FOOT IN CA.
THEY WILL RUN UP THE OS TO WELL OVER 1.5 BILLION AND KEEP ON DILUTING ITS WORTH.
THE REAL WORTH IS THE ASSETS... THEY REALIZE THAT NOW LOL THE BRANDING IS JUST A NICER WAY TO PACKAGE IT UP AND SELL THE ASSETS IN 2 YEARS. "
THE VALUE IS THE ASSETS....THAT IS WHY THEY SAID THEY NEVER EXPECTING THIS MUCH MONEY COMING IN FROM NV " AND IMMEDIATELY SAID F.CK THE SHARES LOL MAKE THEM ALL COMMON WHO CARES LOL
Martin Kaufman and Salwa Ibrahim.. should be brought to light. They are clearly the evil insider enrichment master minds of TRTC. Forget about the 3 fake awards Salwa received from the marijuana industry ( It is an industry built of con people --> until its regulated)
We should all cut Derek a break....and really dig deep and learn about Martin Kaufman and Salwa Ibrahim.
As investors we need full transparency on what Martin Kaufman and Salwa Ibrahims true roles are with the company. It seems they created a masterful insider enrichment scheme.
They know this ..lol That is why they no longer care about preferred shares or common shares.
They have all their assets in place and they will now let the cash cows print the money.
The shares are now useless to them.
They are used for raising more free money ( dilution) , toxic financing, and bonuses.
The real money is in the assets -> That will soon be bringing in well over $250,000 a day for life.
TRTC will never expand BLUM across the country. They may get 2 more dispensaries if they are lucky at best.---> and IVXX will never be anything but a local BLUM brand. Lets face, it has been 3 years and ivxx is nowhere. Plus there is too much competition. No one cares about fancy packaging or branding with marijuana lol. They want a certain strain and cheapest price.
TRTC is not going to out bid for dispensary in NY, MI, CO, OR, WA, MA, TN, ect...get the point. They will be laughed at in those states. The dispensaries and grow houses will go to local money.
Mj is accepted now, and local groups will pony up the capital now.
Vegas worked because it was early in the game.:
They made a deal with the Senators son in Nevada and it worked. God knows how much they paid them off.
It was the right time and right place. Things have changed in MJ industry. It is now more accepted and not political suicide. The money is too big. Locals are not going to give those contracts to outsiders lol
Vegas was the perfect storm in a pre-mj time. Where states were not sure about moving forward with the laws.
California- i read awhile back that they paid >50 millions for blum oak. lol and gave away control of trtc to Martin Kaufman and Salwa Ibrahim at the same time.
They created a masterful insider enrichment scheme. It is done with..over
They know this ..lol That is why they no longer care about preferred shares or common shares.
They have all their assets in place now and they now let the cash cows print the money.
The shares are now useless to them.
They are used for raising money ( dilution) , toxic financing, and bonuses.
The real money is in the assets bringing in over $250,000 a day for life.
TRTC will never expand BLUM across the country. They may get 2 more dispensaries if they are lucky at best.---> and IVXX will never be anything but a local BLUM brand. Lets face, it has been 3 years and ivxx is nowhere.
TRTC is not going to out bid for dispensary in NY, MI, CO, OR, WA, MA, TN, ect...get the point. They will be laughed at in those states. The dispensaries and grow houses will go to local money.
Mj is accepted now, and local groups will pony up the capital now.
Vegas worked because it was early in the game.:
They made a deal with the Senators son in Nevada and it worked. God knows how much they paid them off.
It was the right time and right place. Things have changed in MJ industry. It is now more accepted and not political suicide. The money is too big. Locals are not going to give those contracts to outsiders lol
Vegas was the perfect storm in a pre-mj time. Where states were not sure about moving forward with the laws.
California- i read awhile back that they paid >50 millions for blum oak. lol and gave away control of trtc to Martin Kaufman and Salwa Ibrahim at the same time.
Finally...Martin Kaufman and Salwa Ibrahim.. are being brought to light. They are clearly the evil insider enrichment master minds/puppet masters of TRTC.
We should all cut Derek a break....and really dig deep and learn about Martin Kaufman and Salwa Ibrahim. As investors we need full transparency of who and what Martin Kaufman and Salwa Ibrahim are, and what is their true role in the company.
When Alan shined a light on the nasty insider enrichment scheme of Martin Kaufman and Salwa Ibrahim..
With in 2 days the Preferred Share Ratio scam was off the table.
We were debating and screaming about that for over a month, but once their names got muddy, everything changed really fast.
I listened to Salwa Ibrahim speak a few times, and she seems like an over confident, aggressive butch type, thinking she knew the answers before the questions, a real nasty Blow hard type, with no real smarts to back anything up.
I hate that i am invested into a company with such a ugly person representing it.
Listening to her arrogance/ stupidity made me sick to my stomach.
This is just my opinion
Excellent question....Why are these 2 puppet masters never investigated? They most likely pull all the strings to every insider enrichment scheme.
Another "wait till this event" lol Unfortunately the PPS end the year will be just 10 to 20 percent better then last year for metrics purposes. They will dilute any event or news to exhaustion. They do not care about the shares anymore lol They are making $250,000 a day and counting...they are set for life, and if they want to sell off the assets in the future...welll thats even more money.
It has worked so far,,,,and apparently know one cares or complains anymore.
SO the day trader flippers are happy and the insiders are freaking giddy as shat
TRTC don't you love it
Kevin they recycled and reset the game all over again and walked the PPS down to the point where the volume dried....it pisses me off. 2 steps forward 10 steps back
dweeble -->between my wife and i--> i have about 409,000 shares with 95% bought in .088-.15 range. I made a mistake once and bought about close to 20,000 shares at .31 range.
I am not bragging....i a just expect a lot more than .25 pps after what has been achieved last year.
I expect the dilution to freaking end, if your making $250,000 a day. I expect the toxic fin to stop if your bringing in $250,000 a day in cash.
I expect more from the CEO instead of his BS excuses about EG was the problem for the qrt 2 numbers, and the year before it was IVXX that caused the bad numbers, for which they sold shares before that report was made public.
It is frustrating because it is always 2 steps forward and 10 steps back because of dilution and toxic financing. There can never be a amazing event or number that holds its ground as far as the PPS is concerned. It is very frustrating watching it unfold time after time for the last 1.5 years when every huge event has come and passed, yet the PPS is still struggling to hold .25. It is always moving backwards.
2017 is is about to pass us by, and for what? .25 ? Its a joke
Save all the "wait for 3rd quarter shat" I have heard that story 20 times. It is time for this pos to start performing for shareholders , not just the TRTC insiders grabbing $250,000 a day.
Of course they do not give a shit about the preferred shares anymore lol they have a cash cow for life.
What wall lol it was .28--> 2 or so weeks ago lol There is no wall. It is alway 2 cents up 8 cents back.
DO you realize how much they paid for Blum oak????? lol
They do not have that kind of money. They do not have 120 million dollars to buy 2 dispensaries lol
Nor would they ever use their own money to do such a thing lol lets be honest.
Thats alot of common shares to dilute to make up that amount of cash
The revenue coming in -> is being over matched by the expenses as well