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Gee working ovetime on a sunday, but have no interest in the stock lol M an i never seen you so scared
Hmmm you lost and may be out of a job lol because TRTC has broken thru from here on out.
Newbies that is why certain people turned up the heat on a saturday and sunday... the pay day is over lol
I agree 100% I am glad i stayed on for the ride.
Its simple do not rely of those guys. The expense was a major negative. You do not have to be a rocket scientist to see that.
But the upside has never and i mean never looked so good.
Just buy shares and forget about this stupid forum
forget about the up and down swings
sell in 18 months...
Yea i was not expecting what i heard at all! I am very surprised. This company has finally got over the hump in my opinion. Today answered a lot of my questions. Am i happy with the high expenses no, but at the same time...they sure did accomplish a lot last year. You have to spend money to make money.
Also Marijuana is a cash cow. So that money will keep on coming in for years and years to come.
This might be the year TRTC finally never looks back.
I was not expecting this!
-He basically said that they are now done with the dilution, and are financially self efficient for the current growth model !
- He said reno is 50/50 revenue share and that the other dispensaries will be 100% all TRTC soon !
- Revenue guidance was what most of us thought for 2018 around 40 million. DP is always conservative so i expect 45 milion !
- 9.75 million cash on hand !
Only negative is the net loss of 26 million, but i expect losses in the growth phase.
WOW
WOW 100% of revenue and Profit in LV = Game changer
I would love to know the breakdown of this loss:
The net loss attributable to Terra Tech for the year ended December 31, 2016 was approximately $26.92 million or ($0.07) per share compared to a loss of approximately $9.23 million or ($0.04) per share for the year ended December 31, 2015. The increase in net loss is primarily attributable to an increase in sales, general and administrative expenses, an increase in other income (expense), and an increase in the loss associated with the issuance of convertible debt and warrants during the year ended December 31, 2016 compared to the prior year.
If i understood this correct Derek said.
" They are now finally self efficient to fund their own growth model " ?
If this is true....It is a game changer to the PPS.
Did Derek just say the dilution of shares is over!!!!!!!!!! ????? and they are self effecient for their model to grow???????????
Well i guessed right about 40 million revenue guidance for 2018.
I am very happy with that progress
It all points to the earnings report not being good. There is no run up or leaked news.
It is prob the last quarter they can make excuses for everything, and they will take full advantage of that!
Starting 1st quarter 2017 is the show me what you can do time for big investors.
Florida news:
http://www.tampabay.com/blogs/the-buzz-florida-politics/trump-taps-christie-not-pam-bondi-to-head-opioid-panel/2318343
This may slow down our momentum into Florida.
So we finally get that fat bastard out of NJ, and he rolls into FL lol
We are tired of the smoke and mirrors act of Derek. We want the truth. It's sad that you hope for the smoke and mirrors and feel good about investing on that notion.
I have to ignore you now....
WOW
I hear ya. That was my point of view when i first invested in this company. During the picks and axes mantra days of Derek.
It has come a long way since then, but the PPS has not. I was around during the DOT COM era, and it was crazy what the market was doing. Companies with just an idea and no revenue were skyrocketing.
If any company held the potential tag. It would have been TRTC.
I honestly think all these medical mj uses are bullshit, and there are things that work far much better that do less damage to the body and mind, but people are just too lazy to do it.
Well maybe there are 3 things MJ helps with medically, but nothing ground breaking that would effect the masses.
I will say that it is a lot safer than using alcohol recreationally and cheaper.
It is just an excuse they use to justify legalizing MJ.
Everyone knows government just wants the tax revenue, and does not give two shits about the people. Otherwise they would immediately control the big pharm companies producing all the opiates.
There was a reason government allowed CO and WA to be the testing grounds for recreational MJ.
They are both very liberal states. It would go over well, and at the same time test the temperature of the peoples acceptance of the new laws.
The same thing is happening with the subject of Alien Life form.
The idea has been slowly released to us for 30 years with movies, tv, and print. That is the only way government can do this and not cause mass hysteria.
For years it was taught that there was just our solar system of 8 or some say 9 known planets and the sun.
For the last few years little bits and pieces of info keeps being filtered out to the masses. It is all very covert and planned. Very quietly a few weeks ago. Nasa reported that they found a whole other new solar system just like ours.
This new Solar System has many earth like planets with h2o and all rotate around a sun. I think 4 of the planets could easily support human life as we have now on planet earth.
Ok i am getting off point. lol
THE TRUTH IS OUT THERE
Derek the criminal is setting up investors for another year like 2016. Give alittle artificial pump and then dilute it back down to the teens and then end the year at .05 better that the last to show progression.
He owns us like bitches. This man is a known criminal and rat for that matter.
He will use every trick up his sleeve to dilute all the shares possible, because he knows that he can press reset and do a RS and then fly straight. That is why big investors do not invest in this company.
They read the financials.
If pee ons like us can casually find all the dirty back end deals, lies, dilution, and huge expenses.
What do you think a paid professional in the financial market will dig up ?
It is such a crooked world ....
God that pisses me off big time... I try not to think of it and say it was for build outs, but i think it was just filtered money right back into their bank accounts.
What a pos ceo
Soooo what is the top 3 questions we want to ask Derek?
True they do put out fluff news, But there are times when They are radio silent for many months
Why are you so happy? say you have 10,000 shares at .20 PPS.... Say they then keep diluting the PPS
and collecting the free money....trust me if the PPS didn't go up last year after all they did, then it is not going up and staying up until they show bigger investors they are ready to fly straight and stop the dilution.
The 1 way they do that and hit reset is with a reverse split...period.
So your 10,000 shares gets hit with a 10 to 1 RS leaving you with 1000 shares at maybe $2 PPS
Usually the PPS settles low after a RS. SO maybe $1.55.
Where as if they just ran a honest company, and stopped all the tricks and shady deals, and hiding expenses paid back to themselves through companies they own...its endless what they try to do..lol
So if they stopped the dilution and ran the company off the money being made now, and slowed down a bit... your 10,000 shares would hit say $1.50 pps.
It is a big difference in payout. Especially if yo own a lot of shares.
Its the difference between taking a small vacation or buying a new house.
Reverse splits suck, and PLEASE STOP COMPARING THIS POS COMPANY TO AMAZON ALREADY ...MY GOD
I can't tell if your being sarcastic lol BUT
If all you remember. Everyone said do not judge the company until it had 1 full quarter operating with most of its assets up and running, and everyone praised the steps in the right direction in 2016's 2nd and somewhat the 3rd quarter as far as the debt/expense ratio goes.
Save the " oh they only had 3 assets running
Well the news tomorrow is supposed to give investors an idea of how 2017 will fare financially.
So everyone needs to stop the excuses....and hammer them with questions
There was already a MJ fund created awhile ago...and it failed miserably. The industry is to dishonest to trust any company outside of maybe 3.
Do you read and understand the full financials ? Do you just invest your money by reading news and posts?
I am not trying to pick on you, but you should try and find something online that will take you through an earnings report and a General Ledger. Thats what i did many moons ago before i started investing, because i wanted to read and understand the data. Companies hide a lot of secrets in the data.
Things they do not tell you in the quarterly meetings.
You don't care about data and your investing money ?
Boy i'm just going to leave that statement alone, because i would normally tear it apart.
I think you mis-spoke and meant something different.
I'll just leave it at ...the 4th quarter data is very important.
Make sure to send in your questions... for Friday
Derek Peterson, Chairman and CEO of Terra Tech Corp., will be answering shareholder questions at the end of the call. Should you have questions during or prior to the conference call please send an email to TRTC@kcsa.com with TRTC Question in the subject line. Mr. Peterson will answer as many questions as time will allow.
Hmmm thats never a good sign....Usually they do that when there is bad news to prevent a selloff and give the masses time to calm down for the weekend.
SO he rescheduled to Friday after hours? I do not like that.
I have never seem this much NON-Interest in the stock 1 day prior of a quarterly report.
Not a good sign
I know the Prof Pumper has got to be one of top 3 dumbest pumpers on the this dwindling board.
They are just trying to get a extra penny before flipping it after the qrt earnings report.
Very transparent....
it won't reach and hold $5 per share without a RS. Whats the sense of holding that long if it RS
Yea i agree slow down tighten the ship alittle bit, and see how much real world revenue your company is making now that some of the infrastructure is beginning to produce. Then build with the revenue.
I do not see Derek doing that. Once you get the taste of free money ( dilution) it is hard to start using your own money. Especially when you can just RS when you exhaust the OS count, and start fresh.
I do not think they are in it for the long hall. He has mentioned in the past about selling the company.
Derek just give us one run before you RS or sell. I mean a nice inflated >$2 run to reward the longtime supporters. Then do what you want with the company.
Thats what i say
Will this thing ever pop? What needs to happen?
Higher earning? no
2 new dispensaries in CA? prob wont matter according to 2016
Feds rescheduling? Im thinking no, because CA and NV went rec and the pps decreased lol
A new permit for NJ? I doubt that would excite anyone
a 35 million revenue guidence for 2017? i dont know
I really do not know of anything that could move the pps ...is sooo dead in the water now. I do not even see flippers buying up shares for the quarterly flip.
I am trying to think of what could top 2016? and make the pps move?
Man it sure has been quit for a long time around here. Trading volume is pathetically low and the pps is mind boggling low. We are 1/4 done with 2017 and it has been uneventful to say the least.
Must be time to flip for pennies and get taxed 25% all the pathetic poor boys are back trying to get some pennies and scraps lol Newbies do not listen to this person just ignore lol
Of course they will respond with how rich they are and how they are smarter then everyone else and what new house they bought with all the cash lol
These are dirty poor people that actually think they effect the pps and this board lol they are nothing
trust me.
Just hold your cheap shares for a year and you will make more then these people have mining for scraps flipping and paying taxes did in 4 years easy.
You will patiently make a couple of hundred thousand dollars ( depending how many shares you bought at the low teens)while they scrap to make 1500 dollars plus tax lol
They had almost 25 million dollars at their disposal last year, and i am guessing if all goes right at least 38 million this year to pay bills and grow.
THEY DO NOT NEED TO DILUTE THE PPS ANYMORE! LOL
Aside from all back end deals and OS count...
I can not understand what is going on with this company.
They built out and opened 4 disp in Nevada
They bought( over-payed) for a disp in Oakland CA
They won a bid on a SL CA disp and is being built
They expanded with EG and IVXX
And most of all NV and CA voted yes to recreational use
Now they are building 2 grow center already this year and prob will get another disp in CA
HOW CAN THE PPS BE .26 ???? LOL
ANY OTHER MJ COMPANY THAT REPORTED 1/4 OF THAT IN THE LAST YEAR WOULD BE FLYING HIGH, AND BE THE TALK OF THE MJ INVESTMENT WORLD
Something criminal is being schemed by Derek and Amy i just feel it coming
And it has nothing to do with Jeff sessions...everyone knows he is a puppet and would not take away mj rights.
.26 pps After all our money bought them in the last 12 months??????
This will end up being a big year for the company if they decide to fly straight, no RS yet, and stop the dilution and use the money that is now coming in from the 5 dispensaries.
- I believe they have at least 2 more dispensaries in CA coming our way. Hopefully through permit not out right buying one. Derek hinted at gaining a couple recently, So we will see.
- I think this is the Year the FEDS reschedule.
- They will be opening SL Ca Dispensary and a grow facility.
The earnings reports will keep showing forward progress and start to clean up.
It will be interesting to see what the 2017 financial guidance will be. I am guessing 38 million
I know that is a lot of ifs.
Newbies all the idiots are back in the forum trying to scare you. DO not sell your shares.
They are the same losers as always. They know the quarter release is coming up , so they want to buy in as low as they can and flip it for a few pennies.
They are desperate.... and pathetic
keep your shares if you do not need the money
Let the losers come in and flip for pennies and then pay 25 % tax on the pennies.
They are not real investors.....its the OTC lol
SL CALI NEWS
"The company expects to complete construction of the dispensary by the end of the third quarter of 2017 and be open to the public by the fourth quarter of 2017. The production lab and community meeting space are anticipated to be completed in the fourth quarter of 2017 and at full production capacity by the end of the first quarter of 2018."
So they are going to radio silent for most of the year? Are they just going to dilute and collect money the whole year?
The pps is .27 my god!
I think its time to pull ur head out of the sand Derek, and let the investors know what is in the works in CA?
- Are you in talks about applying for new dispensaries?
- Are those talks including the San Francisco and LA area?
- Has there been ANY progress with new IVXX products? Has disbribution grown? What are the numbers?
- Update ED Gardens? Is it going to be sold or kept? Spun off into a seperate company?
- What other states are you applying to?
- Why not a dispensary in seatle and portland ?
Trump will not take away MJ in states already approved in rec sales.
SO TELL US WHERE YOU ARE GOING AND WHAT THE FINANCIAL GUIDE FOR 2017 WILL BE DEREK.
ITS TIME
So it is going to take 9 months to build the SL dispensary really? one year to build a grow house ?
http://finance.yahoo.com/news/terra-tech-provides-progress-san-135134236.html
Looks like 2017 is going to be ANOTHER BULLSHIT YEAR WITH TRTC
EXPECT ZERO GROWTH IN THE PPS AND MORE DILUTION.
WE WILL SEE A STEADY PPS RANGE OF PROB .25 TO .61 LIKE LAST YEAR. .61 WILL JUST BE A FLASH.
MOST WONT BE ABLE TO SELL AT THAT PPS.
WITH THE YEAR ENDING A LITTLE BIT HIGHER THAN THE PREVIOUS YEAR OF .29 PPS.
THIS WAY IT SHOWS A LITTLE PROGRESS.
DEREK YOU SUCK AS A CEO
Anyone think Trump will make any news about marijuana during his tuesday night speach?
When is this TRTC nightmare going to stop?
Now its .25 pps
Everyone of my other mj investments had alittle loss and went right back to normal.
Not this pos......
Dear Derek:
great time to sell shares.
this way no one blames you for the low pps
But you know that