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solid report, better than expected.
TRTC
Speaking of Trains....The Tesla Hyperloop would connect So. Cal with Vegas in the future bringing more revenue to Blum .
TRTC
Are there any issues with Safety in 5211 ? what is your biggest concern "if any" with safety Issues with FDA in Phase 2 ?
was this dip in PPS caused by retail selling or is a whale unloading ? Who is intentionally holding this back and why ? ...or is it shortsellers and they will be covering soon and going long ?
Do they have a Patent ? and if so will they inforce patent on all online sales that are happening now with LGD 4033 in the future ?
agree There are some thing to estimate in Q2, but the real numbers that show how the company is doing will be in Q3. Its all about Rec. revenue. I already think July was much better than people thought.
So Q3 report will be really interesting to see. They are getting top dollar on sales Q3.....
they were giving out many deals and specials in Q2 so COGS will be much different as well......wait for Q3.
Q2 is a non event
Ummm, wait till Q3 report then. The cost and expenses in Q2 are higher because of build out costs. Those expenses will not be there in Q3... and Rec sales will be there. It will be a Huge difference.
Like I said before, Q2 report is not a true indicator of how the company is doing RIGHT NOW .
No Rec sales are in this report....it is not a indicator of how this company is doing !!!!!
what not do you understand ? LOL
Agreed, Q2 report is a non event. Lets get this behind us and focus on Q3.
TRTC
It appears to me that VK5211 is going to have great Phase 2 results, my concern is not with Muscle building and bone density but how it effects the heart. Do you see any trouble with Heart problems in older patients ?
When do you think they get a partner to help them in Phase 3, do you think they partner right after report or will it take them until next year.
What impact do you think it would have on the VKTX PPS ?
Terra Tech Presentation Now Available for On-Demand Viewing http://fb.me/6k7vIYFee
The Biology of Cannabis vs. Opioids for Pain Relief
https://www.leafly.com/news/science-tech/medical-marijuana-opioid-pain-relief-substitute
Amen brother....the hard work getting Licenses and building out infrastructure is paying off.
I think we break .29 resistance this time for good and hit a new 52 week high in August. GLTA
With all the backlash Sessions has been getting I think he listens to his task force and waits for more studies. When they realize that Opioid use has gone down in Pro MJ states they will understand better :]
mc67, have a strong feeling that TRTC best days are just ahead, the old high of 1.42 is doable in 2018. The pieces of the puzzle are fitting together. Time is on our side.
TRTC
This is good news for TRTC, Looks like the path is clear.
RSI at 35, it bounces off that level every time. side note : 50MA 1.13 and 200 MA 1.24....would like to see a break above the 200 MA to get this rolling.
http://stockcharts.com/h-sc/ui?s=VKTX
another note on the Warrants , the warrant PPS has remained the same at 1.40 same as when a few months ago while the commons have taken a 40% hit from the same time period. guessing my lesson is these vktx Warrants hold their value at 1.40 no matter if stock is trading at .97....
It tells me the common shares are about to adjust back to 1.40 soon, and then anywhere between 3.00 - 7.00 in Q4.
Was reading this article and was thinking that taking CBD supplements can add a extra boost for VK5211 patients , it help bones grow and heal faster.
https://www.sciencedaily.com/releases/2015/07/150716124359.htm
Q3 report is going to be off the hook.
TRTC
Thanks Waffles, good info again to keep my sanity long enough to try to hold till Q4 and beyond.... answered all my questions that I needed to know. Much respect to you, wishing you and others on vktx board all the best.
Stone or Senator Booker...the wheels are turning.
TRTC
just try Hanging in there whoever is selling this down is trying to shake out as many as he possibly can. Whoever the seller is..he is ruthless and a Brutal SOB.
Thanks alx, I hope this turns out good for all of us here.
10,000 shares @ 1.40 , I bought back in April anticipating June data that got delayed twice by Management... they told me in a CC that they were on track for data release by end of June and they failed me trapping me....twice.
.30 this week. eom.
Sickening how much I've lost because of vktx management/CEO.
I'm trying my hardest to keep holding,.... Management did a good job trapping me in.
"I don't see any indication that this is dilution." ....well if its not dilution what retail is dumping shares at .93 like he knows somethings bad 2 months before trial data ? Who is selling, huge volume today below 1.00 ??????
short sellers are feasting on the CEO and his bad management skills with delays in the trial.
waffles are you worried the CEO does not want to pay for warrents and he wants them to expire worthless ? I think he likes the stock low so he can dilute easier at a bargain low price. Something very shady is going on behind the scene ...its obvious.
Sad to say but...Management is so bad I doubt we even get to 2.00 , even if results are good in Q4.
Management/CEO have ruined any positive sentiment in this stock with their poor performance they opened the door wide open to let in many Short sellers to kill us.
You can thank the CEO for this...he delayed the trial twice and lied in the CC.
The whole management team needs to be fired starting with the CEO who likes to lie and mislead people in his conference calls. The stock is getting crushed and he needs to be held accountable for this.
are you kidding ?...the hell its not his job to worry about stock price....then what the hell are we invested for ? I might as well daytrade/ flip this then instead of making it a investment. Which I have decided to do once I get back to even on this trap. At this point I just want my money back that I lost in this POS and get the hell out.
If The CEO does not give a damn about his shareholders then I don't care about him.... the bastard needs to step down and let a new CEO that gives a damn about the shareholders instead of underperforming and then Lying to them about timelines..
Nice 6 % gain today , should head back into .30 range very soon.
TRTC
Really ? The CEO 's job is to perform for shareholders to meet the expectations he presented/ told in the conference call. He has failed, I do not think he is a good CEO and underperformed.
No way in hell am I sticking around after Phase 2 .... I'm getting the hell out of this deathtrap this fall/ winter.
I would like to see the Board of Directors fire the CEO, he is not to be trusted with his words and timelines.
Now are you listening to me? This Management team mainly the CEO does not give a rats ass what the shareholders are getting put thru hell , ....not to mention there is a large shareholder that is dumping this stock everyday...its pretty easy to see the gross incompetence with this Management team.They Just keep diluting on the shareholders backs while they delay trials.
...its sickening and disgusting
Good Article thanks for sharing Zippie. "Stone is widely considered to be one of the most successful lobbyists in modern American history, even by his biggest critics"
TRTC
The TRTC New Jersey GreenHouse is going to Epic when N.J. legalizes next year. The Profit margins will be huge.
TRTC
How much does it cost to pay regulators in NV, licenses, Build the store from scratch ? ...do the math
how much did Blum Oak cost ?...use that as a model as well.
use that number as your base then multiply it by 2 x minimum to get your value on a Nevada dispensary IMO.
well look into it, one sold for 20 million before rec sales started.
How much does it cost to pay regulators in NV, licenses, Build the store from scratch ? use that number as your base then multiply it by 2 minimum IMO.
Nope, go check and see what a dispensary sold for in Vegas.
It's selling point is worth a whole lot more than just a license.
LOL....Business 101
Agreed, ...getting in on the ground floor before rescheduling and banking gets cleared soon when CA the 6th largest economy in the world goes rec. legal.
@ .24 TRTC is the best value on the OTC right now.
Because buying at wholesale prices and selling at retail with lines going out the door all day long still give them decent profit Margins, and gives them room to improve margins when they do set up Grows in NV.
because employees mean they have lines out the door.....no need to explain to you further.
almost 700,000 a day is enough and when CA goes rec in 2018 Blum will be doing even better.
" Who is misleading who?" ... U R