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Some of the Assets are intangible on the balance sheet, but they could sell just 1 one of their dispensaries for 50 million each. That is about what the open market value is, I checked.
I Do not put to much emphasis on what is intangible on the balance sheet and what they could sell a Blum dispensary for.
btw , They have 8 million in cash son, + now they have Recreational sales here in Q3... so there goes your theory of them running out of cash.
Business 101
TRTC
When they come out at end of Q3 I will let you know. FYI have you seen the impact Rec sales are having at Blum in NV and soon CA ?
Why are you still using medical sales for your calculations on breakeven on this board over and over again....WHY ? !!!!! quit misleading people with the wrong info.
No they dont need 1 mil a day to break even , you are spamming over and over the same BS that is not true numbers. ...stop using 2017 Q1 and Q2 numbers and start using Q3 and Q4 and 2018. Your numbers are a Joke...wise up and use Recreational REvenue for your numbers !!!!!!
Yes, especially if DP gives forward looking statements in Q2 report about Q3 and Q4 and 2018.
There is not going to be a RS in the next 5 months....get that thru your thick skull.
TRTC
And I'm refering to Recreational revenue in 2018, the real numbers that you are ignoring !!!!!!....get with the program....ROFLMAO
Your numbers are way off ,they do not need 1 mil a day rev in 2018 to break even....damn you are way off !
365 mil to break even ?....you are so wrong its funny.
take a accounting class...
How much revenue do you think they will make daily when rec in CA starts from all 6 dispensaries. Take that number and multiply by 365 and then tell me about the 15 million to complete this whole operation.
70 -100 million IMO
Very simple math .
That still leaves 8 mil, +++ all the recreation revenue that's flowing in Daily right now. The sky is not falling as you make it sound ...there is no urgency for a RS......go out smell the fresh air, take dog for a walk, watch a movie....give the board a rest.
Thanks for being the voice of reason, its brutal how slowly things take to develop. My impatience is effecting my judgement, wish time would move quicker.
I have a few basic questions....
Why did ligand sell the rights their drugs to Viking ?
What is the reason they did it, if they could have done it themselves?
Is this a common practice what Ligand and Viking did in this bioPharma Industry ?
Do you think they should have hired a CEO with a Proven track record ?
Judging on how bad the CEO timing is on Dilution are you worried he will do it right after Phase 2 results not letting the stock run ?
Thanks Waffles.
VKTX
lines still going out the door, margins will be good enough without having to do a RS
""I am on your side""...... BS
TRTC
You mean you had a feeling Management is diluting....because that's what they are still doing. I thought dilution was done,but its obvious management is still pounding its shareholders down without a care. They cant even let this stock move...
The CEO is to blame for poor stock price and being stuck in the mud..
I wish we had the CEO of MDG* running this company instead, at least he cares about his shareholders.... because ours does not.
Uplisting is the only reason why they Do a RS , go back and listen to the CC.
Also doing it now is not necessary, especially when you see Q3 revenue flowing in . Also they do not need all 15 million all at once like you are claiming, they have not even started buildout in NV and are in no Hurry, do you understand this !!!!!
You Keep repeating yourself here everyday it is only your opinion and you have been wrong since last september !!!!! and will continue to be until you listen to CC and understand what the CEO has said in the past about this...when all the revenue coming in starting in Q3 and also realize they are not needing to buildout NV right now maybe then you will start to understand things better. Until then give it a rest...because its not happening anytime soon.
TRTC
Lyft and Uber Cashing In on Vegas Canna-Tourism
https://www.leafly.com/news/industry/lyft-uber-cashing-vegas-canna-tourism
Closed strong today, Tomorrow will be good. jmho glta
TRTC
Thanks for the info, I have been reading up on it the last few days. Just researching it makes me confident that VK5211 phase 2 results will be good.
pushing this to .26 for the final 30 minutes till close.
TRTC
You are wrong again... "The Series B shareholders are unharmed by a reverse split."
Before you post do some DD ,... you look so foolish. lol
TRTC
The only "Homicide" I see from Marijauna doing is killing Pizza and chips and other tasty snacks.
Poor Pizza , RIP
TRTC
Yes, TRTC keep expanding , growing , this is a critical time to grab market share.
TRTC
Thanks for the reply alx, That is good to hear no suppression, the positive effects seem to be worthwhile and I might try it. I used to bodybuild in my 20's and 30's , but now Im 51, 6'1 175 and just hit the gym a couple times a week and occasionaly jog around the block and am looking for a boost and 10 lbs of muscle :]. I also do not take any prescricption drugs except i do use cannabis.
I am tempted try except I was worried about Test suppression after cycle was done but its sounds like it is safe.
Do you take a PCT for when you finish cycle and what would you recomend ?
also do you take in Pill or liquid? I hear Pills have prohormones in them and are not as good ?
Go VKTX !!!!!!!
I feel bad for our Vets not having access to a safer alternative than opioids.. after fighting for us and protecting they do not need a few bad politicians standing in 22 million vets way of freedom of choice, and a much safer alternative ....its a crime what just happened.
TRTC
latest news on Vets not good. I guess GOP Republicans want the opioid crisis to get even worse. https://www.massroots.com/news/republicans-block-congressional-marijuana-votes
TRTC could raise cash sell a couple dispensaries if they wanted to and buy Bhang Chocolate. Bhang is a great brand. I think an acquisition into edibles would be nice addition for trtc.
https://www.eastbayexpress.com/LegalizationNation/archives/2014/03/20/oakland-pot-chocolate-company-bhang-valued-at-65-million
You never know.
TRTC
VKTX is trading at a 16 X discount compared to MDGL, the upside will be huge once results come in.
I was doing research on Enhanced athlete Forum and vk5211 AKA LGD 4033 has great reviews on Muscle building.
alx, did test levels drop after taking LGD 4033...do test levels recover back to what they were before taking it ? or does it still mess up production of test once you get off cycle ?
"Anecdotal evidence shows that human use of LGD-4033 will result in reduction of natural testosterone production. This is because the body thinks the compound is testosterone and therefore produces less. Therefore anyone who undergoes research with LGD should look into PCT Post Cycle Therapy to regenerate natural testosterone production and prevent a hormonal rebound of hormones such as estrogen."
Long VKTX
NORML tweeted "If @realDonaldTrump really wanted to get under @jeffsessions skin - he'd start speaking out on behalf of legalizing #Marijuana."
So do you want me to list all the accidents from alcohol...I am talking about the consuming Weed Vs. Alcohol you nitwit !!! You have proved to me how little you know.
I am putting you on ignore now. Please refrain from responding to my posts.
TRTC
Alcohol kills. Its man made poison in a bottle.
Cannabis has never killed anyone . o deaths...you need to smoke almost a 1/2 ton of weed to do it ... its impossible.
Reseveratrol comes from Plants ...not from alcohol poison .
Resveratrol is a stilbenoid, a type of natural phenol, and a phytoalexin produced by several plants in response to injury or, when the plant is under attack by pathogens such as bacteria or fungi. Sources of resveratrol in food include the skin of grapes, blueberries, raspberries, mulberries.
Trump is going to Fire Sessions.. Public ridicule by tweet, then the axe.
Cash crop.... https://twitter.com/BlumVegas702
"they sell out fast " ...Go Blum !!!
TRTC
Federal lawsuit just filed 4 hrs ago against Jeff Sessions.
@josephabondy 4 hours ago
More
We've--@HillerPC, #DavidHolland, & @josephabondy--just filed #federal #lawsuit for 5 #plaintiffs, claiming #cannabis laws #unconstitutional:
https://twitter.com/josephabondy/with_replies
Giulliani well let the states decide on legalization. When Sessions leaves/resigns.... TRTC rally's bigtime.
TRTC will rally to .50 if it happens. Trump floats possibility of Giuliani replacing Sessions as AG: report
http://www.msn.com/en-us/news/politics/trump-floats-possibility-of-giuliani-replacing-sessions-as-ag-report/ar-AAoKWZy?OCID=ansmsnnews11
It already bottomed out after offering was announced back in June and offering was completed weeks ago and it looks like the stock is in the start of an upswing to 1.30 range in the next two weeks jmho.
CEO needs to get his arse in gear...slacking on timeline is unaceptable and he needs to do a better job.
Having said that... Better load now the VKTX train is leaving the station. :]
Looking forward to some clarity...this sector has been in a funk and will break out to the upside on positive news.
"Derek Peterson, CEO of Terra Tech, an agricultural company that also owns dispensaries in California and Nevada, said the savings offered by greenhouses make even less-expensive crops financially feasible. “We can’t afford a huge carbon footprint growing basil [at] $1.25 a plant,” he explained. That savings translates to cannabis: Peterson estimated that a pound of indoor-grown pot costs about $600 to $800 to produce, whereas the price tag for sun-grown cannabis is closer to $100."
https://www.leafly.com/news/science-tech/greenhouse-revolution-old-school-structures-changing-cannabis-cultivation
Veterans' Access to Medical Marijuana Hinges on Monday Vote
The American Legion is attempting to wield some of its political influence with Congress, the VA and President Donald Trump."
http://www.military.com/daily-news/2017/07/22/veterans-access-to-medical-marijuana-hinges-on-monday-vote.html#.WXNyMmS7kDw.twitter
"Its tiring" he has a "file" lol
TRTC back to .28 this week jmho
Good point on Starbucks DD8. "Starbucks company always lease and remodel commercial properties."
TRTC