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Don't they already have a dispensary in Santa Anna? Is this a remodel or 2nd store?
IS Santa Anna worthy of 2 locations?
Well if he was paid....he needs to return the money. He did not do such a good job...
Na i caught the talk about market cap..... I hope trtc hits 50 million in revenues this year...anything less would be disappointing to me..... Maybe that will open up some eyes...
The winds of change are coming...the question is where will trtc land afterwards
This pathetic $2.8 pps is just mind boggling .... I mean every big news event and story has come out...
nothing left to say anymore, unless its a huge merger...which won't happen or feds rescheduling mj
There is just not excitement in the american mj market
He did not say anything uplifting about trtc..what are you talking about lol
"They really are down and out" is your idea of promotion.
I guess saying both companies have 30 to 50 million in revenue might give someone the itch to read the financials
Man this going to be such a long painful dry summer waiting for any action on this PPS.
I hate having my money sit....until December.
I cant believe another year has past with TRTC... I would not mind so much if there was excitement once in awhile....but those day are over....remember when this stock was fun? Its been years.
I WISH TRTC HAD A BIGGER MARKET CAP....
Whats interesting in the MJ sector ...is watching the big 3 canadian stock fighting for position.
Aurora trying to buy anything at what seems to be double the asking price---Diluted almost 400 million shares in 1.3 years.
Aphria- On June 6, 2018, Aphria (NASDAQOTH: APHQF) announced a bought-deal financing that'll see nearly 19 million shares of common stock sold for $11.85 Canadian dollars ($9.13 U.S. dollars) per share. An underwriters' option exists as well that could allow for an additional 2.84 million shares to be purchased. Without the underwriters' option, this is a CA$225 million offering ($173.3 million). Including the underwriters' option, assuming it's exercised, this is a CA$258.8 million offering ($199.4 million). Either way, it represents the largest bought-deal financing in history, eclipsing the approximately CA$200 million bought-deal financings from Aurora Cannabis and Canopy Growth Corp.
Canopy Growth- Well they sold 10% OF THEIR COMPANY FOR $275 MILLION
When is TRTC going to make something big happen....are there no offers or interest? is their plan and busiss too local and small?
Lets hope they break $50 million in revenue this year anything less would not be good enough imho
I was hoping for $60 million ....15 mill a quarter....should be very doable we will see...
Anyone who bought this stock after that fake inflated run....>$9 will take the hit. This will never be >$12 again without this CEO reverse splitting ......
Its finance 101..... At the end of the day he will dilute >2 billion shares outstanding imho
This CEO is acting desperate...and trying to buy anything at double the price because its not his money he is using.
This CEO is panicking because he does not know how to create new business on his own, and operate on his own.....so he over pays and thinks it will all workout....it never does
The next several years lol Who wants their money hijacked for 5 years....meanwhile your 1000 shares will be reverse split down to 100 or even 10 because of this pos ceo selling close to 1 billion shares by the end of the year.
He gets rich and owns the assets---> shareholder, especially bag holders lose shares and value after the reverse split. It is text book insider enrichment scheme 101
Why doesn't CEO TERRY BOOTH GET BANKING LOANS OR USE HIS OWN FREAKING MONEY NOW?
IF THIS POS CARES ABOUT THE SHAREHOLDERS AND IS GOING TO MAKE SOOOOO MUCH MONEY FROM THIS POINT ON STOP SCREWING THE SHAREHOLDERS TERRY!!!!!
THERE IS A REASON THIS STOCK IS $6 AND CANOPY IS $30
I MEAN THE MARKET CAP IS ALREADY INFLATED 10X AND THE REVENUES ARE TINY, AND EXPENSES ARE BIG!
ADD TO THAT MASSIVE MASSVIE DILUTION ...WITH NO REGARD TO OVERPAYING WHEN BUYING TINY COMPANIES.....BECAUSE THIS FOOL IS NOT USING HIS MONEY
Sounds like they are almost at 700,000,000 shares outstanding ...with the latest deals
so $26 millon kinda sucks
THere will soon be 1,000,000,000 shares diluted.... which means death to the Price per share
CEO getting rich
Shareholders who bought above $10 - $12....new shareholders will have to wait years to get money back.
The dilution range seems to be in 6 dollar range..... low enough to bring in newbies and high enough to keep bag holders
insider enrichment scheme
The CEO of Aurora is acting like kid in a candy store trying to buy everything ...using our money with no regard....hence the pathetic price per share compared to canopy growth....
This ceo is clown....he is paying double market values for some assets....cause he did not have to earn the money he is using
He is pos
They recieved 275 mill from selling 10% of their company
That will never happen again....because of the rate of dilution ......this pos CEO is selling as many shares as he can, and over paying on everything he buys, He has no regard for the shareholders.
He runs his business like a insider enrichment company ....with assets
He is criminal and is going to steal all your shares with a reverse split....when he is done...
It takes at least a year for a stock to recover from a reverse split...meaning it takes awhile for shareholders to get whole again....
so there is no use in buying shares anymore until Terry booth -->consolidates and shows some respect for the shareholders
WOW! THIS IS SUCH A INSIDER ENRICHMENT SCAM.....WITH WORKABLE ASSETS....
HOW CAN THERE BE UNLIMITED AMOUNT OF SHARES ISSUED? OMG
SO THIS POS CEO CAN KEEP STEALING THE SHAREHOLDERS MONEY AND DILUTING THIS POS PRICE PER SHARE DOWN TO ZERO...WHILE HE JUST RESETS THE WHOLE GAME WITH A REVERSE SPLIT LOL AND WALK AWAY WITH THE ASSETS LOL
TERRY BOOTH SHOULD BE IN JAIL
Blah Blah....... where is this ceo getting all this money from? Hmmmm SHAREHOLDERS
ALL I CAN SAY IS NO ONE WANTS TO HOLD THIS POS STOCK FOR 4 YEARS TO MAKE OUR MONEY BACK.....LOL IN 4 YEARS THIS POS CEO WILL HAVE DILUTED AS MANY SHARES AS HE LEGALLY CAN AND THEN REVERSE SPLIT ....THEN REASSIGN NEW SHARES TO DO IT ALL OVER AGAIN
SHARE HOLDERS WILL ALWAYS LOSE.....UNLESS YOU GO IT ON THE RUN A FEW MONTHS AGO.
YOU ARE SCREWED....CAUSE THIS CEO RUNS THIS COMPANY LIKE A INSIDER ENRICHMENT SCHEME
LOOK AT HOW CRAPPY THE PPS IS NOW? CANOPY IS $30 PPS APHRIA IS $9 AND INCREASING
Please a couple years.....ok lol This CEO is going to screw the shareholders/
1st -he will dilute all the OS shares
2nd -he do a reverse split when he runs out of shares to sell
3rd - Shareholders loose shares that they collected for " as you say years" and the PPS Drops as usual
after a reverse split.
Mean while this ceo owns all the assets and collects all the revenue that he very strategically makes sure makes the expenses lol
4th- The CEO Keeps diluting because he now has a brand new free ATM machine to print money at shareholders cost.
People on here are always going to protect the company and say "wait till next year"
That usually happens for YEARSSSSS LOL
THIS CLOWN OF A CEO IS RUNNING THIS BUSINESS LIKE A INSIDER ENRICHMENT SCHEME.....AND ITS WORKING WELL FOR HIM.......
BUT KINDA SUCK FOR THE SHAREHOLDERS RIGHT? $6.90 PPS? AMERICAN DOLLARS
WHATS CANOPY GROWTH $30 PPS AND HOLDING ITS VALUE.
WE NEED TO DIG DEEPER AND RESEARCH THIS CEO...
Well $40 million dollars doesn't come for free.....Thank our greedy CEO who screwed us with a 15 to 1 reverse split and then immediately put us in the hole with $40 million dollars in toxic financing.
Derek Peterson has not given the share holders a break in 3 years...
Its why no one follows the stock anymore or comes into the forum.
The CEO does not even leave crumbs on the table
I mean this stock should least be worth .66 pre 15 to 1 reverse split value? which would be $10 now
I hear ya, but i do not feel good about how this company treats its shareholders. The lies and shady things they have tried to get over on us in the past. Which i am not going to write about...im not in the mood lol
The 15 to 1 reverse split was brutal. They push the limits....they knew that the 20 to 1 rs would be a bad look...just like taking toxic financing above $40 million would also be a bad look.... they always push the boundaries...
For the amount of money Derek Peterson took from the shareholders ---> Which i figure was easily $240 million thats including $60 million in revenue.---> i feel there should be more in return.
Now its wait for 2019..again...If this company just gave something back to the shareholders instead of taking and taking and making excuses...
People could rally around the company...but shareholder sentiment is low
The 2018 1st quarter revenues were bad....considering what was up and running, and him bailing out of giving a 2018 revenue guidance.... just seemed like him setting up for further excuses when he comes up short again, like in 2017.
Why can't we all take the ride together...and everyone make money.....can you imagine the free promotion on all the forums and facebook twitter ect...he would get if he just shared the wealth and stopped with the misdirections and lies....and flew straight?
Can't trust companies on the OTC....
Yep....the CEO has no regard for the shareholders because the plan is to use the shareholders money and sell all the shares he can, because all this con man has to do is approve a reverse split to reset the numbers and reassign another 1 billion shares to dilute.
Why doesn't this pos use his own money or traditional banking ( if its available in Canada), because he would rather steal ours AND NOT HAVE TO PAY ANYONE BACK.
Also look at these deals he is making? He is over paying for everything and has little regard for our hard earned money.
TERRY BOOTH IS RUNNING A CLASSIC INSIDER ENRICHMENT SCHEME.....EVERYONE PROSPERS BUT THE SHAREHOLDERS WHO SUPPORTED THIS CON MAN..THROUGH THE YEARS.
After Canada goes recreational ......our pps loses >$1 pps lol
This stock is officially the scurge of Canada......
TERRY BOOTH HAS NO REGARD FOR HIS SHAREHOLDERS.......ITS CRIMINAL
Now this insider enrichment pos company is going to have almost 700,000,000 shares outstanding!
Are'nt they supposed to buy into Medreleaf also....
Whats it going to be then 1 billion shares outstanding?
This CEO is a joke.... TERRY BOOTH IS ROBBING US ALL BLIND
Can you say INSIDER ENRICHMENT SCHEME anyone lol
watch once there are no more shares to sell......a reverse split comes immediately!
And resets the whole game.....scumbags
Stop looking at the past.....this stock is not garbage now. The worst of the top 4 canadain stocks by farrrrrrr. The ceo is a greedy insider enrichment player. Watch the pps keep tanking while he keeps all the assets and gets richer and richer.
All you have to do in a insider enrichment mentality is sell all the OS share....collect the money -> buy and own the assets.......
Then when the free atm runs out.....you just reverse split and reassign new shares
it resets the game at our expense
The price per share is down 200% lol And dilution is in full force....the future is dead for this stock.
Its great for the ceo ....he dilutes and maxes out the OS share count ---> gains the assets and does not pay a dime. Its now all at our cost.
Then the CEO does a reverse split and resets the game and cleans up the numbers.
text book insider enrichment scheme
News flash....this stock is dead in the water for 2 years..... they will keep diluting at our cost and then hit the rest button and do a reverse split......which always ends bad for shareholders.
I never thought Aurora was going to turn out to have a insider enrichment company..mentality .dam
I guess now we know why the market does not believe in this company.....hence the $6 price per share and soon to be dropping
I knew i should have bought into Canopy or Aphria....
Now we either have to sell at a loss or wait years for this pos company to reverse split and clean up the books for big investors.
Newbies do not believe the cheerleadrs that will come out now in full force and say "great opportunity to buy cheap shares"
Because once this CEO maxes out the free outstanding shares...meaning dilutes them all
He will do a 20 to 1 reverse split and take away your shares and the pps will tank a day after.
It happens every time......So then you are stuck with less shares and a significant loss to your share holder value. Then have to hold the pos stock longer to get back even.
Why not get a bank loan....? why do you have to screw the shareholders....oh i know why...its free
Selling all of the os shares is like a free atm machine....then all u have to do is rest the game and assign new shares...
How many shares are going to be diluted now? they are already at 550,000,0000
Does anyone know what this latest deal is going to cost us....?
This ceo is destroying shareholder worth...dam....this pos is never going to increase in value until post reverse split.
This is just like a OTC pink sheet stock..... My money now has to be stuck in this pos company for years to break even.
god knows the canada june 7th vote did nothing for the price per share
its know wonder canopy growth is $30 pps and this pos dilution machine is at $6
Yea it was my mistake. Like i said before i mis- timed...the2016 breakout.
It was very hard to see $40,000 swings...in your portfolio.
But TRTC should be close to $5 to $10 range in 8 months if all works out... I just hate having my money sitting for that long.
- May see feds change policy and banking laws
- states rights and own laws
- Revenue from new dispensaries added
- 1 or 2 harvests completed
- EG
- nyse taking applications for mj companies to meet reqs and uplist
I used to have a lot of TRTC shares, now post reverse split total is around 30,000
What i am kicking myself in the ass about is Canopy and Aurora. I have had those 2 in my journal and planned to sell off TRTC and buy into them like a year ago.
TRTC has highjacked my funds, and at this point and current prices of the other 2...it makes more sense to hold trtc until 2019 first quarter....before bailing.
With that said-->I own 2000 shares of Aurora, but i bought kinda high...at average of around $9 a share....i thought i would sell the news on the Canadian vote that happened on June 7th, and get in and out before they buy Medreleaf.
It did not run much....But i expect once revenues start to double/triple this year it will jump.....
They will have their revenue, and the revenue from the company they bought about 8 weeks ago coming into the books...
Its funny my original plan was to accumilate trtc....i was a firm believer in the company back in the day.
I was going to sell off at the end of 2016...i expected the perfect storm...and it was almost....everything came together, but the feds voting against the reschedule and of course the dilution was insane
So the plan was to sell off at >$1 and buy back in after the reverse split.... I never got that run, and the reverse split happened over a year later.
Finally some moments of clarity and honestly from AC. I believe they will not need anymore toxic financing if they continue to move at this current pace and revenues increase $15 to $20 million dollars from the added dispensaries and grow facility providing harvests...(according to Derek)
If they Need more money, than they are just not running an honest business...something is not making sense. Because we all know the expenses are fabricated for tax purposes. The laws are changing and the increase revenue should be more than enough to handle this next phase into Nj....if that even happens .... who knows what will be rewarded? who knows the outcome of the NJ boys lawsuit?
Will Derek screw it all up and have to buy a parcel of land and rebuild the grow house? Thats actually not a big deal to take apart and rebuild...but land is expensive in NJ.
Will this battle with one of NJ's most well respected farming families effect getting what they have been lobbying for since 2014? Time will tell
I would be very very disappointed if Derek Peterson jumped on another toxic finance deal ....especially since banking laws are coming very soon.....If he automatically jumps on toxic fins before then..its a sure sign of insider enrichment 101.......why pay the bank back a loan ...when we can just sell shares....
But on the same note....TRTC may also work one against each other for a better rate..idk
The dilution has to stop ...and the company has to perform ..everything is in place now....
The numbers should at the very least double from the pathetic 2018 1st quarter results of $8.5 million in revenue and $10 million in expenses....
this is after NV was recreational 1 year and CA was recreational 3 months.... it was only something like $1.7 million better than the prior year......which is not very good, considering this the honeymoon phase of MJ being recreational..... soon there will much more competition and people will not be so curious to go to a dispensary...possibly just buying online instead....as that will be coming soon....
AC why are you always looking for ways the to cover TRTC's Arse ? lol My goodness
Its like your trying to down paly everything so TRTC cannot be held accountable lol
Stop the prevent defense...i hate when football teams do that in 4th quarter
What bothers me the most about the 1 billion shares diluted...was how once the free atm machine ran dry....they IMMEDIATELY did a 15 to 1 reverse split ....to then Immediately start diluting again with $40 million in toxic financing.
It bothers me that the CEO Derek Peterson ....kinda laughed at our questions concerning a reverse split on 2 conference calls and said he does not need to do one and wont do one unless there is a big merger in the works or they were allowed to up list lol
I do not like how Derek Peterson uses every con-man trick of the trade..... you know like the " we are in it with you now" locking up up shares for a few months after they sold 90% of all their shares.
Its a trick to show "how they are with the shareholders now" but it basically covered up the insider enrichment plan.... They have used tricks like this a few times and it worked. Like the time "preferred share ratio scandal" lol Where they changed the language, but still ended where they wanted to be--> sold out of 90% of the 1 billion shares that were availible to sell.
You see it was a "work" saying they will lock up the little shares they had left until november ( i think)
because they knew they were going to do a 15 to 1 reverse split and then immediately take on $40 million dollars in toxic financing lol They knew any smart investor would follow the bread crumbs and either sell or stay away awhile....until its flip time.
If you follow this pos company...they always let the pps run a tiny bit toward the end of the year for metrics purposes and to try and get some excitement brewing and then methodically take it down 3 weeks into the year...and dilute
Thing is....for all Derek Petersons shady past and present behavior..... where did the $245 million dollars
go? ( thats my very conservative estimate of diluting 1 billion shares strategically and $60 million in revenue)
I mean we know EG cost $5 million and Im not even sure what Blum OAK cost maybe $40-50 ? and we still pay rent on the land lol
Lets be really realy generous and say 1 million in dispensary build out from scratch...= $4 million
Renovations to CA Dispensary - 1 million
Lawyers, designers, airfare ect - $1 million
It gets cheaper once your process and crew is in place...when putting in paperwork and building out a concept.
So $55 million dollars.......where did the rest of the money go? They barely have a cash reserve on hand?
Listen i have been around awhile and lived through all the fake "wait for this day or event" mantras.
Trust me on this.....there is no event that will move this dog.....except being bought out by a huge company....which at this point ->who would want to buy trtc?
The USA MJ frontier is wide open for the pickens if you have the money. A billion dollar company can just build a huge grow center in each time zone and fill in the blanks with dispensaries or go the pharm route
And just create their own brand.
No one needs 4 dispensaries in NV lol or a failed brand in ivxx..Its not that enticing
SO i even think the feds rescheduling would fall flat after 3 days..... I mean if NV and CA going rec did nothing for the pps.....and the latest news of the new USA bill, Canada voting in NATIONAL recreation use, and a new grow house opening decreased the price per share..... at only 68 million shares outstanding lol
ITS ANYONES GUESS LOL
If you were thinking the same thing why do you need his or her reasoning to assure you lol
kidding
Now if this does not spark the USA MJ Market...i do not know what will. If GW gets FDA approval for CBD MEd is the coming weeks......The feds have to reschedule
https://www.yahoo.com/finance/news/forget-canada-marijuana-vote-far-154100822.html
I know ac "wait until 2019" Same thing you and the "wait for this day" crew have been saying for 3 years, and have been disappointed every single time.
SO when i point out all the historical financial history of this POS company ... Its a problem lol
When i point out the positive things ...now thats a problem lol
Is this company ever accountable for its shady past and bad financials lol
I know wait until 2019 ...lol
Then its going to be wait for 2020 lol
Soo if this state rights bill is passed...it is essentially a MJ reschedule, because states can approve banking and decriminalize mj.
NOW IF THIS DOES NOT SPARK A FIRE UNDER TRTC PRICE PER SHARE I DO NOT KNOW WHAT WILL!
NO MORE EXCUSES ....OR WHAT IFS
I EXPECT MONDAY SHOULD BE A BIG GREEN DAY RIGHT?
I MEAN SPARKS FACILITY UP AND GOING
NEW DISPENSARY IN THE WORKS
NEW BILL FOR STATES RIGHTS
NO MORE EXCUSES NOW
I have been caught holding the bag for 2 years before and all that happened was the company maxed out their outstanding shares ---> diluted them all
Then they just did a reverse split to reset everything and forgive the mass dilution at the shareholders cost.
Reverse splits never end well for the long term shareholders....but i wont open that can of worms
Today was a joke....manipulation at its best
Yes sir i am mad that i didnt buy in December and sell during that fake inflated run.
Which still makes me scratch my head as to why the other company is still holding value at $30 a share
and this POS keeps dropping like garbage
This stock is a joke....the market cap is just silly..... it is inflated by 1 billion dollars..lol The financials say this should be a $3 pps
I'll give it more credit that Canopy.....their Market cap is fictional lol a $30 pps is a joke
At best it should be 1 or 2 dollars higher than Aurora
Just read the financials and then look at the market cap they configured lol
its all fluff and "woulda, coulda, wait till this day" conjecture
Rebounding lol the stock was supposed to skyrocket lol Now your praising $6.97 pps lol
Rebounding means that it would end the day at $8.....and even that is sad
I mean the vote passed lol
Are you really asking me that? lol It was bought up-> to create a fake excitement -->to sell the news .....thats what flippers do to stocks that have no value and you have to hold for 3 years because of mass dilution and silly market caps lol
Watch....all the post now that say... "wait until this event/day" lol or "great time to buy" lol
These are classic paid cheerleader mantras
Guys that is the classic line of every cheerleader..... This is not a great opportunity to buy cheap shares.....lol The stock is being recycled back down to pull in new unaware investors that do not know that the market cap for this stock is a complete joke.
The smart well aware investors are now flipping the stock for a very modest gain. They know this is not a long term hold....especially since they are about to dilute the pps again.
This stock might as well be on the OTC
$6.88 and dropping! What a pos this stock is..lol Canada passes a historical vote and the PPS decline .60 cents and dropping..lol
its dirty dirty business