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The letter stated a 63 million rate by the end of the 4th quarter THIS year, 4th Quarter 2019. That means I'll be expecting at least 15 million dollars for the 4th quarter THIS year. Very high prediction from Derek. Hope he is flanking and not retreating or resting.
I never saw a company improve margins and revenues while catching their breath. Going to be interesting. The main reason for SGBY's failures was William's over cautious approach to growth.
True. Everything is in flux until normal returns. If ever.
Basically a year of triage with the patient starting to recover in the fourth quarter. A 63 million run rate means the forth quarter prediction should be around 15 million.
The reason was posted yesterday. The New VA Head is against medical Marijuana for vets. It has nothing to do with oversight responsibilities.
'Disgruntled Employee' is the broadest category in this country these days.
I predict the best paying job in 10 years will be as a guillotine blade sharpener.
First. All future predictions made by you or anyone are not facts.
Second. Any of the crap from the days of LPR's is drivel and not worth addressing. If you need it addressed the ask BriarPatch who did a masterful job researching those lies.
Third. A name change to make the garbage smell fresher never works.
Fourth. Anonymity and antibiotics both have the same problem. Humanity must allow the worst to get the best.
Yeah, The 'Let's shake it up with a moron' choice is working great.
Who wants stock market gains anyway?
VA Comes Out Against Bills on Medical Marijuana for Veterans
Amazingly dense VA head that is trying to privatize the V.A.
https://www.military.com/daily-news/2019/05/02/va-comes-out-against-bills-medical-marijuana-veterans.html
'Yeah, lets make some money off wounded veterans.'
After all privatized student loans, colleges, and healthcare has done so well as a vehicle to control user costs.
8 incredible facts about the booming US marijuana industry
https://www.businessinsider.com/weed-us-marijuana-industry-facts-2019-5
Since Dec 18the 2018 TRTC is up 33 cents a share.
Since Feb 20th TRTC is up 22 cents a share.
If one had purchased a share in Feb 2019 and sold it in Mar 2019, one could have more than tripled their investment.
All of these statements are true and easily checked through charts.
The odd thing is is how our fleas have to ignore the positive outcomes possible with TRTC due to it's volatility.
Their statements are mostly old lies retold again and again. These lies were attributed to a Canadian firm.
When people show up spouting the same crap it's always from the same outhouse. I beleive the best way to deal with them is to ignore them. Post to the group and fill the space with facts. which moves their lies further away from the front page and down the google search lists.
Trade smartly folks.
10q coming, a short forming, and expect the roaches to come out of the woodwork.
I thought the 10q was on 8 may after hours. TDA has it moved to 9th after hours.
Shorts increasing prior to 10q
Great buying opportunity as the market tanks due to a gum flapping bouncing baby boy.
Business 101 - The firstus with the mostus wins the day. We need more than revenue and soon. Probably not this 10q.
Being first only helps if one maintains the lead - as Block Busters found out. TRTC was the largest publicly owned seed to sale MJ company in the US. Now it's not and to get back into the game they need to either merge, find an angel, or make profits. My guess is the first option.
I'd guess if one wanted to set up an epic short one could really pump revenues, hope the stock jumps and then trash the stock for the cost of those revenues when the 10q comes out. Much closer to the truth these days as the markets in California and Nevada become more and more defined.
What's available to buy for TRTC, what can they afford? Not much. Not when the companies that are making a few million dollars in revenues per quarter are going for hundreds of millions or billions.
Absolutely. Besides their cred just went out the window when lpr rejoined the ranks of the rank.
Kinda like a turd at the Snickers factory - who would ever believe there was candy in that wrapper again?
Then there is the obvious 'but' to your positive nugget.
Revenues going up is not the remedy to years of governmental stupidity.
'Some say.....' 'People say......' 'They said....' 'Some here....' - all the same use of words to convey what a majority of one believes.
What a laugh. Try facts and tell us all who lost, how much they invested and what their loss was.
Or just continue to Trumpet bullshit.
Who left the lid off the trash can?
Man Ap, I sure wish the old TRTC was still pumping out the cash with those easy 20-30 cent runs. And the run ups to the 10q and selling the day before was always worth thousands.
I guess the squeak squad missed out on those days.
What a laugh. The PR was never required. It was posted earlier along with the date of implementing Adult use. You are peeing into the wind.
You must never have worked at a large firm. Publicly traded companies are held accountable for their official releases and it's normal for either an internal or external party to vet the release. I'd assume that due to TRTC's size they have a contract with a PR firm that charges them a monthly/yearly fee and a fee for each PR released based on the width and depth of the release. A national release may be as cheap as 1000 dollars.
Then there is the idea that if one watches the cents the dollars will fine. An idea TRTC is learning about now.
Nonsense. The view out the rear view mirror is always misleading when looking at these high volatility stocks. What you see today may be much different than what you see tomorrow.
"The stock is at the same level it was in July 2013."
That is just as dishonest as what you use.
So what is the price has not changed since July 2013. It definitely changed between then and now.
I don't know your investment choices but MJ stocks in the penny market is a really dumb assed place to be looking for stable profits. It's a place to pick ones battle and fight each one.
Ignoring all the folks who rode TRTC up and down over the years and made money is really an obvious tell. What's the Agenda? You certainly have one because the alternative is to believe you are simple which I don't believe. What is the agenda?
Every day the amount of growth possible in the California market grows smaller.
If TRTC does better than just survive they have to get back in the game - quickly.
Today Cure Leaf brought Select brands owned by Cura Partners. Select is supposedly best selling brand in the USA.
They paid 1.27 billion Canadian dollars in a all stock deal.
Is Cure Leaf they profitable? NO
Are they diluting? Yes
Do they have a large debt? Yes
And the PPS is up 17% right now
It's already been out. Adult use was approved. There was a waiting period. Who needs a reminder and a costly PR?
Great, in typical TRTC share owners fashion the price is going up prior to a quarterly report we all know will be crappy.
TRTC history. The stock drops after quarterly reports - even when they are good. Why? Because of the cost of growth and increased revenues in debt and normal expenses is made abundantly clear.
Good luck next Thursday and Friday.
Adios folks, have a great summer.
Reps. Earl L. Carter and Earl Blumenauer If marijuana remains a Schedule I substance, we can never do the research everyone knows we need
https://www.nbcnews.com/think/opinion/if-marijuana-remains-schedule-i-substance-we-can-never-do-ncna997231
Marijuana Investor Gives $9 Million To Harvard And MIT For Cannabis Science
https://www.wbur.org/commonhealth/2019/04/30/broderick-cannabis-science-harvard-mit
No, the money was not given to a reality TV show staring two rednecks named Harvard and Mit.
NJ marijuana legalization: Medical marijuana could move on without recreational legal weed, expungement plan
"He reiterated last week that if the Legislature doesn't pass the weed package by the end of May, he will move ahead with the medical marijuana component of the bill on his own through an executive order."
https://www.app.com/story/opinion/editorials/2019/04/30/nj-marijuana-legalization-weed-out-ignorance/3621090002/
Texas Lawmakers Approve Marijuana Decriminalization Bill
https://www.forbes.com/sites/tomangell/2019/04/29/texas-lawmakers-approve-marijuana-decriminalization-bill/#490dd5f6126a
Actually, TRTC improved the share structure with the RS. The lack of a government worth spit created the reasons for a failure to increase revenues beyond 2018.
So why not just sit on your bottom instead of showing it to everyone.
What a laugh. Still think everybody held through the drops. But then that is the only way to make you folks feel good and the only way your story fits.
TRTC will bottom. The plant will be legal.
Absolutely!!!!!
I would guess most of the owners and previous owners are just waiting. Waiting for legalization and/or a good entry point. Seems to me the only people, and I use that term liberally, are the lonely hearts club and those paid performers.
If Kim's lover had a MJ business, He would pass legalization.
$12.43 with legalization
I'm cooling my heels and waiting for a better entry - if at all. I read an article today from CBS and Politico that their sources in the congress seem to be certain the plant will be legal by the end of 2019. That could be May or all the way to Dec.
getting close to my buy point at .60 - Latest news says legalization by end of year. TRTC can last out the year - easily - if grow operations do well.
Most MJ companies in the US are showing losses and their share prices are down and most are using dilution to hold on until legalization.
Terra Tech's problem is that it was first on the scene, and has had to use crappy financing much longer than most and it also has a bunch of worthless hanger-ons. Reminds me of an old bull we used to have that lost it's tail to a wolf. Always had a swarm of flies around it rear when the wind was still.
It's summertime in the OTC and the wind is still. I guess flies have to eat too. Eat away, save some for the rest.
Legal by the end of the Year
https://www.cbsnews.com/video/marijuana-is-on-track-to-be-legalized-by-the-end-of-the-year/