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WOW THIS THING IS DECREASING DURING THE POWER HOUR BEFORE A EARLY EARNINGS REPORT????
MAYBE TOMORROW WILL BE BLACK TUESDAY
I have never seen this before... The PPS is actually decreasing 1 day before the earnings report?
There is no run up or increased volume or hype ? We all know it is going to have improved metrics.
Honestly what will make this piece shat move in pps stature lol
It wasn't getting and opening 4 dispensaries in NV
It wasn't the freaking rec vote
It wasn't July 1st rec going into Effect- with record sales numbers
MAKES YOU WANT TO SCREAM
I know lol I miss the days when a fluff story would double the PPS. Now you open 4 dispensaries and the PPS either declines or increases .05 --> then decreases .08 lol Its Pathetic
They just want their share of the tax money. Once the bad PR is out. They will get some cash thrown their way, and all of sudden do a 360 turn around on how MJ is great for the community lol
USA Today is a not even a real newspaper. Its a joke. No One reads that rag or takes it serious.
DO not worry about it.
I should hope sooo....the earnings report is out tomorrow.
I am surprised is how there was no run up in the last week?
It almost always runs up so the flippers can make their little gains.
This surprised me because Derek hinted at the earnings report being very positive.
The pps has not even been able to hold jan 1st 2017 value all year dummy. This after NV going rec lol
But yea attack me for laughing off the other stupid post of $3 pps by year end lol
Yea sure the pps is going to be $3 by year end.... dummy lol
Easily? lol Your out of your mind my friend. This thing can not even hold a .10 gain lol
I wish your dream was true....i would be a rich man
How can we close red with only 5 million in volume....---> 1 trading day before super tuesday?
Im disappointed
Why would the pps be selling off during the friday power hour before tuesday?
Very strange day indeed. Usually there is a lot of volume and trading leading up to a quarterly report.
Derek even hinted at the meeting being positive, yet no PPS run up ?
Well there your proof once again people. If there is a chance to make them money.....there will be a Reverse Split....... WHICH SUCKS FOR ALL THE LOYAL LONGS
I do not seeing them up-listing in the next year. Do you guys?
I am not sure what he meant with merger?
I just do not understand why he would need to RS for financing now?
Kevin... I agree with most of what you are saying. But i think now that Derek has 4 cash cows and grow facility that will be feeding them full time about to open.
I think they have the funds now to stop the dilution and toxic financing, especially since a RS will effect the preferred shares at the same rate as common shares.
With > $50 million dollars in revenue coming in next year along with decreased expenses
And >15 million in cash on hand. Things never looked better for trtc.
Add on to that bank regulations opening up within the next 12 months.
I think they can survive that long without heavy dilution and toxic financing.
But who knows.... how many preferred shares they own? I can't get a clear number.
If they end up with 10 million preferred shares each after a 1 to5 RS at a new post RS rate $4
Thats a quick $40 million dollars
Or
They can keep the share count at the present number and reinvest in themselves with the incoming revenue. Then slowly grind up to that $4 PPS
It depends if they are in it for the long haul, or if they just want to uplist and sell the company.
Thankyou.... for update. I do hope someone asks a tough question or two
Whoever was able to login without bottleneck..... Please ask derek some tough question!!!!!!!!!!!
Look in the right corner and type away
I can't get in the meeting....it is loading and clocking out
That is too funny lol Derek would never use his own money to buy back stock lol lol
Do they not know the history of this company lol ?
The only thing that makes sense with the Alan Gladstone hire, is that maybe this guy has experience expanding a brand. Even though Alan is a complete loser in business--> 2 bankrupt claims
He did open up 252 stores and expanded to PR. Maybe he can sell his ass off, but sucks at finance?
IDK?
I have to kinda question why Derek would hire a guy with a track record like this
"In 2015, the chain filed for Chapter 11 Bankruptcy with money owed to creditors in excess of 100 million dollars. Most locations closed. On Aug. 27, 2015, "
He also hired Micheal James- Who is a dishonest conman
Newbies-
The revenue is here and TRTC Gambled on NV and won big time. They have 4 cash cows and soon to be grow facility to feed them endlessly.
I do not think they have to dilute or accept toxic financing anymore.
Government will allow banking within 12 months.
TRTC has a war chest of >15 million in cash and is making close to $250,000 a day.
Add on to that a new dispensary opening in SL CA.
I think we are in the historical final bottom area for this stock. Give or take .05 cents.
If you believe in this company and think you can hold it long enough. Now is the time to buy...pref in the .23-.28 range
I think the days of buying and flipping it---> knowing you can buy back at .14 are now long gone.
So if you sell it -> for a quick buck now ---> your buy in might get higher .
So you may gain a few bucks in the near term----> you would lose out long term $$ holding for a awhile.
Of course the whole market can crash and destroy my theory...but i doubt that will happen within the next 18 months.
I know its hard to not take your money, but it could be the difference between 3k and 200k (depending on # of shares you own)
Newbies-
The revenue is here and TRTC Gambled on NV and won big time. They have 4 cash cows and soon to be grow facility to feed them endlessly.
I do not think they have to dilute or accept toxic financing anymore.
Government will allow banking within 12 months.
TRTC has a war chest of >15 million in cash and is making close to $250,000 a day.
Add on to that a new dispensary opening in SL CA.
I think we are in the historical final bottom area for this stock. Give or take .05 cents.
If you believe in this company and think you can hold it long enough. Now is the time to buy...pref in the .23-.28 range
I think the days of buying and flipping it---> knowing you can buy back at .14 are now long gone.
So if you sell it -> for a quick buck now ---> your buy in might get higher .
So you may gain a few bucks in the near term----> you would lose out long term $$ holding for a awhile.
Of course the whole market can crash and destroy my theory...but i doubt that will happen within the next 18 months.
I know its hard to not take your money, but it could be the difference between 3k and 200k (depending on # of shares you own)
I personally do not think they have to RS or do any toxic financing anymore.
They now have their base cash cows in place with a new grow facility feeding this year.
I think the feds will allow banks to do business within 12 months.
Sooo unless they are true criminals at heart.....or greedy to the bone...
Their is no need to screw the common shareholder over 3 million dollars, when your brining in >50 million in revenue next year.
Again I wish Derek would shine a light on this, and this persons role in the company. Seems like they are filtering cash out the front door as expense, and then collecting at the back door
That is some shady shat. I wish Dereck would make sense of things like that. It is hard to understand.
Seems like a way legal but dirty sneaky way to expense money out .....>>> right back into your own pocket
Ive heard this a million times lol "TRTC STOCK HERE! GET EM WHILE IT'S STILL CHEAP!!"
Lets see if this thing can hold .10 gain before you start to dream in fantasy land lol
But things are looking very positive for sure
This is good news !
I for one would like to know the answer to some of those questions. The damage is done for most of them.
He answered every question presented in real time, including mine. Why is that a hard thing for him to do?
He is a polished public persona.....
People typed their questions in real time, and he answered them in real time. Including mine.
" BUT I GUESS ITS BS " "YO" LOL calm down gorilla
DP does q & a . I actually chatted with him once after one of his presentations in a online public chat where the presenter answers questions after his or her live presentation..
He actually stayed and answered most questions as best as he legally could. I asked about the PPS and stuff like that...He didn't reveal all too much. I sensed he felt our pain lol
He also answers most of the questions we send in after the quarterly conference calls. I sense he can only reveal so much without getting in trouble with the sec.
Thats my take
Well i am now in the belief--> that there is no reason to reverse split.
I mean the money is coming in full force in NV.
They are opening a grow facility to help with the MJ shortage.
It is the perfect storm for them.
They did not have to pay Blum Oak price for The new SL CA dispensary.
I think they can get another dispensary permit in CA this year.
The revenue should triple next year.
Expenses should begin to decrease big time, because they will not match the growth and cost of the last 16 months.
I mean why RS ? Now that common shares/ preferred share split at the same rate
Unless they have a billion preferred shares where a 1 to 10 split would not mean anything to them.
I think they are already rich, and can't believe how everything fell into place.
NV is a lifetime cash cow that will never stop giving.
Well .24 is better than .18 PPS i guess?
So in the last 16 months--
- 4 dispensaries built and opened in NV
- Dispensaries are pulling in $250,000 a day
- $15 million + cash on hand
- bought Blum Oak
- About to open Blum SL CA
- Rec vote and went live in NV
- Rec vote and about to go live in CA
- IVXX is slowly being branded
- EG is expanding in North East
- NJ is about to go rec and we have a production center ready to change seeds
- Baking regulations are about to be changed. Can happen anything this year
- Building grow facility in NV. Should open soon.
- Preferred shares change this week
Yet the PPS has continued to decrease since Jan 1st ?
If news like this can't move the pps ...nothing will imo
I mean that is a pretty fantastic 16 months of growth and run news.
I fear Derek is going to dilute this down to pennies and just reverse split.
Which sucks for us longs, because it takes our profits down to pennies on the dollar.
The Difference of $400k to $40k.
Yea you can wait out the post split...but it will never match having 400k shares at a $5 PPS that many thought would be a lock.
I was hoping the greed would subside, and he would give us longs 1 big run > $1 before the split.
Then us longs could buy back in biggggggggg afterwards.
My prediction is the year will end 20% to 30% higher PPS than 2016. Just to show growth in the metrics.
How the hell is a shitty company like Canopy growth at $7.60 pps? They have no profit and huge expenses. They have about half the share count, and rising.
To add insult to injury..Canada Health is increasing the number of growers in the country outside the original 44. Which will take away a huge piece of the market share away from the original 44.
Really? 1 to 50 ratio? I never owned a stock that dared to split at that ratio. I thought 1 to 20 was bad.
So what that means to me is that the pps is going to keep being diluted and stuck under $1. To keep funding and bringing in new suckers to the fold.
Can't they just run a honest business without constantly looking for ways to legally screw everyone.
Can you imagine a 1 to 50 split lol The OS count to like 12,000,000 shares lol
I guess if the PPS increased to $100 a share after the 1 to 50 split i would be happy lol
Great ending to a shitty week .244 pps When is the pos going to turn Derek
I HOPE SO! I used always get a good laugh at the posts. It kept moral up, when the pump and dump was in full effect midway last year.
2016 was brutal....im hoping things move in a positive direction now, but history tells a different story
Time will tell.
IN HONOR OF SLICKSTER
"$7 PPS BY DECEMBER"
LOL
Not with last quarters expenses.
Not if they continue to dilute the common shares
Not if they continue toxic financing.
Also the OS count is getting pretty high.
I do not see a way for the stock to hit $5.00 a share.
I would be overjoyed at anything > $2
It is nice to dream though...
This will be my last post to you, because you really are living in a cheerleader dreamland.
So dilution and toxic financing are not why the pps is barely holding on to .25?
Giving away 22 million common shares for i think was 3 million dollars? and planing it right before the july 1st run? Wasn't a FU opportunity to grab a little cash by insiders?
There are about 50 scenarios of dirty back end deals where they have little by little screwed you.
I can spend an hour listing them all down lol
The PPS stinks buddy..... save the "wait till tomorrow " or "wait till this day" or the best one dummies say. When you have nothing to combat the facts " Well i got in at .01 so its all good to me"
lol What a joke
After
- 4 dispensaries
- buying Blum OAK in CA for almost 50 million dollars
- receiving a permit for a dispensary in SL CA
- Expanding EG and IVXX
- Grow production
- 2 REC votes
- rec going live in NV
THE PPS SHOULD NOT BE STRUGGLING TO HOLD .25
History does not lie....and tells a different story than your trying to sell cheerleader.
Lets see what tomorrow brings.... I hope bigger things than .25 pps.
IMO Derek will not reverse split before 2 things:
1- The feds reschedule
2- It is time to uplist
Derek has said that basically when it was time to up list he would consider the RS.
This is straight from the CEO's mouth.
To me it would make no sense what so ever, and would create bad press to RS before then.
There is just is no need to do that except for criminal greed.
They now know this company can be just as profitable to them fly straight.
Agreed.... To me the expenses were so freaking out of hand last quarter.
I would like to see the revenues start exceed the expenses.
I get that its a growing business, but the expenses were a big eyesore for anyone reading the report, and thinking of investing in the company.
Thanks for the link.