is...(MBA, publisher)
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Yes, BusProf is on target...bought back in and increased my shares and some left over cash. In for the long haul as Derek and friends are busting ass - don't forget they are shareholders too.
I was waiting for your view , sold as thought maybe a nose dive today but I'll be back in picking up a few more shares.
I agree with Marillionaire....2018 will be the year that everything comes together.....we just need to complete the seed to retail with opening more stores to increase revenue...CA and 2 more stores in No. NV where I am...I have spotted on location in So. Reno and written Dereck about it....the wholesale XI will take care of itself....we've got the money to do it....
Gotta open more stores in NV...since the supply situation is solved....S. Virginia and in Sparks. We've got the money so lets go for it....
Mr. Bus Prof Harvard....you are correct, those who are visionary and understand Derek's thinking of seed to retail as the primary strategy (which is being accomplished now)leading to the next strategy of opening new retail stores in CA and hopefully at least one or two in No. Nevada (1 in So. Reno and another in Sparks, NV - twin city of Reno)is also my vision! NJ is also out there in the vision.
We have 40 million to work with and that pretty good to work with in the development of the immediate future of a couple years. Remember we are out to be the Starbucks of the marijuana industry. To do this you have to lay the ground works which is being done.
I lived in No. CA (Bay Area and Humboldt County) for 25 years. I sold Mexican weed until SENSE came along (I spent a couple of years in Grass Valley and made good contacts to bring good stuff down Thunder Road a la Robert Mitchum (dirt, then paved and onto I-80 to get to Berkeley in my '55 4 dr. Olds). I was in Humboldt for 10 years and had a nice crop in the attic using cloning and a harvest ever month and sold it wholesale to a marketer in Venice....we met in Berkeley for dinner - he was called Menu Man and I once got 5K a pound and that was in the late 80's.
Actually I met my first get down lady (after a divorcee) at a NORMAL party in SF in 1977 - never did I believe MJ would become legal. I know the business. I had an independent insurance agency for 15 years in a conservative small town in NW IL and got my first joint there in 1968. I know the business (got a MBA in Berkeley) so I am a straight business man, ho ho! Remember 'God grows his own'.
So, that all makes me a TRTC believer. So Longs get Longer. I wrote Derek last week with a great location for a 2nd store in Reno (oh, had a real estate office in No. Oakland and a securities license when I moved Eureka as a financial consultant) so put that in your pipe and smoke it.
At 82 I'm still in the business as developed the first all aluminum precision made bong (BONGS-USA.com) so this make 50 years in the MJ business and I put my money in TRTC and it will be $10 in a couple years and reaching towards $50 in 5 years. You can bank on it!
End of comment. Oh, my production was called by Menu Man 'Green Mountain' and it was Robert Redford's favorite smoke - I was told.
YES, this sell-off is amazing and a lot of good buys are being made. Big volume and based on the old PPS it's over 15M....whose in this buying frenzy? Weakeys are selling.
I really don't know why all these people are bitching as I think DP and the Board have it figured out in their strategic vision.
Good penny speculators are gone. We are doing good. This is a 2 or 3 year hold for good profits and longer as expect it to gather more steam. Stop bitching and get out. Me MBA stock analyst.
TALKED TO FRIEND IN HUMBOLDT COUNTY WHERE I LIVED FOR 10 YEARS AND THE PRICE ON BLACK MARKET IS FALLING SINCE A LOT OF SMOKE HAS BEEN PRODUCED BUT NOT ENOUGH BUYERS.
TODAY IN LOCAL PAPER IS A REPORT THAT LESS THAN 1% OF GROWERS ARE LEGAL. iT'S SAID THAT IT IS BECAUSE OF THE CASH COST AND ENVIRONMENTAL RULES THAT ARE KEEPING BLACK MARKETERS AWAY.
BLUM SEEMS TO HAVE ENOUGH PRODUCTION OF SMOKE IN CA AND NV WITH WHAT THEY SAY.
Thanks buddy for giving this veteran the Veterans MJ project which I joined as having big trouble with the Reno, NV VA.
Yes, pretty interesting about Kenneth Krueger, former independent member of the board. How did this guy get on the board with such a bad history? When you think of it, it is really bad. I wonder if he received any beneficial shares?
NATIONAL SMOKE IN 420 DC. I'm going to contact NORMAL, HIGH TIMES and others to promote and organize the event. Others should contact whatever MJ orgs that can do the same.
Can you imagine a 100,000 people toking up?
Yes, it's time for a NATIONAL SMOKE IN DC on 420. At minimum 100,000 people.
I'm 82 (my 50th anniversary as a toker). In October 1967 I marched on the pentagon and in 1968 ran as a Senator Gene McCarthy delegate came in 3rd in my congressional district that elected 2.
Went to Chicago for the Convention, fought the cops in the streets and on it went.
In 1971 left IL with a wife and four kids for BERKELEY after selling my independent insurance agency. Ended up running the Berkeley McGovern Campaign. Even got a MBA.
We need to fight Sessions and Madman Trump in the streets and 420 is the time to do it.(
Was a grower in Humboldt County in the 1980's.
LET'S KICK ASS.
I'm not complaining as from 12K in the pits to down less than a $1,000 and now in [position for the next swing up.
Exactly Magnum and it is good for shareholders as probably eligible for straight OTC or better plus getting the short speculators mostly out of the game.
Again, revenue is very important but as important is a reverse split. At .50 with a 5 to 1, then PPS is around $2.50 which could take us to big boards plus it would get penny speculators mostly out of the game. So have no fear of a reverse split!
Again, revenue is very important but as important is a reverse split. At .50 with a 5 to 1, then PPS is around $2.50 which could take us to big boards plus it would get penny speculators mostly out of the game. So have no fear of a reverse split!
[color=red]REVENUE..REVENUE IS IMPORTANT but what about the 'reverse split'? For example if you own 50,000's and it's a 1 for 5 split, then you have 10,000's. Let's say, it happens when the present penny price hits .50, then you have the 10,000's at $2.50.
Two good things will happen:
1. Gets TRTC on the bigger boards.
2. Gets rid of these short 'penny speculators' as units (shares) cost to much. They re just playing with us and have no interest in the company...so let's squeeze them out.
If that's the plan for management, which it should be,don't worry..IT'S THE SMART THING TO DO![/color]
When will TRTC announce its acquisition of stores in CA like Santa Rosa, Santa Cruz, Sacramento, etc. They need to buy at least 4 stores in he first quarter of 18. STORES, STORES AND STORES.
We want revenue. not cash in the bank
Who knows....the shadow knows! Where are we going - maybe in the 50z, opps .59 sense. Would sure dig it. And away we go.
Whenis the company going to buy 3 more stores in So. CA and 1 in SF and another one in Santa Rosa? They must be scouting the scene.
cheetah Man Iowa YOU ARE ABSOLUTELY CORRECT.
Recession is on the horizon, you can bet on it.
I think you are absolute correct in your views...TrTC is smart...Angora Financial said it is one of the best of 4 MJ businesses.
[bOk, 7 stores...we need 3 more stores in So. Cal by Feb 1at. I'm sure they re looking to buy stores like in Santa Ana....then we have 10 stores and moving towards the Blum brand.
We got a grower in Humboldt plus in San Leandro and the NuLeal deal in Reno and Sparks.
So we are vertically looking good.
Letter sent to TRTC to be on the new Advisory Board as have long history in the 'business'. Sold Mexican to 7 or 8 friends in the early 70'ss in Oakland/Berkeley then moved to Grass Valley in late 70's, made connections and romped it up the 3 or 4 pound' cense' wholesale deliveries.
After coming back to Berkeley kept it up and the went to Humboldt County and grew inside and sold to a big MJ operater in Venice.
Now this week my new product (an all ALUMINUM ICE BONG) will start it's marketing program of a free ICE BONG to 30 pre-contacted head shops in WA, OR, NV and CA.
Have an MBA with 1st business in 1958 as an independent insurance broker in NW IL which I sold in 1971 ($450,000 in premiums). The to Berkeley as an ant-war activist by running the Berkeley McGovern Campaign then a lunch shop in downtown Oakland. When splitting to Humboldt as a financial advisor until opening a coffee store.
So folks help Green Mountain (name of my BRAND I sold in the 80's)get on the Advisory Board by posting on this board and writing Derek. Thanks mucho.
Great news on partnering with NuLeaf in No. Nevada...very smart move.
Your shadow CEO says,we need information where the 4 NV stores are getting their supply as in the Reno Gazette today big front page article on the 'distributor' problem AND the problem with supply and demand, more demand than supply.
The company wants an outside grow operation in NV. I've said before - the legislature pass a bill to help Indians to get into the grow operations, well the company needs to partner with the Pyramid Lake Paiutes here in No. NV - it would be a slam dunk.
Reno vs. Vegas is a good reason to open a new store in the twin city of Sparks. Also partner with the Pyramid Lake Paiute Indians for an outside grow facility. +
Financials will get better in 2018. Look at Telsa. Glad we have the $$$$ to take these losses. Just need the 3 stores in So. CA, one in Santa Rosa and one in Sparks, NV (twin city with Reno) and we'll have 11 stores.
Your Shadow CEO Frederick says, that this Cost Og Goods Sold analysis is right on target.
Your Shadow CEO Frederick says, yes to big time revenue increases. We want 5 new stores in 18, 3 So. CA and 1 in Santa Rosa, CA and Sparks, NV. Watch out short speculators as you will get burned.
Newbies is correct.
Your Shadow CEO from Reno, Frederick says that PENNY STOCK SPECULATORS are picking at us like crazy. Real investors should just sit tight as the bottom line is profits from revenue and that is moving along well. We need, and management says, more stores in CA in 2018. Bet on it.
Revenue is produced by location and outside store presentation, branding and product quality.
Reno is #1 but Vegas stores look like Post Office branches and I don't know if theirlocations are able to attract tourist which are the biggest market to tap.
I lived in Oakland/Berkeley and had a cafe near the Oakland store. The location is fine but the building and outside presentation isn't very good.
I expect San Leandro will be more like Reno.
I'd get new locations in Vegas and Oakland and make them attractive.
I hope management reads these post as I am a businessman with 2 other commercial stores besides the cafe under my belt. I'm 81, a toker (50 years) and grower in Humboldt in the 1980's also.
Yes, plan for 3 stores in So; CA LA, Santa Barbara and San Diego in 2018. As well as a store in Santa Rosa and one in the twin city of Reno at Sparks, NV. That's 5 new stores in 2018 in our base market area of NV and CA.
Let's say I am your shadow CEO. An outlaw CEO, but know what I'm talking about.
Frederick Ellis, MBA Marketing/Finance
Reno, NV
PS my new business is manufacturing and marketing aluminum ICE BONGS which will come off the production line in 3 to 4 weeks, with a marketing plan set for sales in NV, CA, OR and WA. I have a fulfillment center all set up.
It will be a cash business all-around and is on automatic as possible, just like my book business which gives me a net revenue of around $500 to $600 a month and I do NOTHING.
We stall at .50 - then $1 by March 018. We need more stores in CA! Derick use our capital.....
5 years - $5 as these people aren't dumb. Me, old guy with MBA and many successful businesses over the years.
You got it as you only lose money when you sell. Ride the wave to the top as we have the goods!
Make money and I am producing a high quality, all aluminum ice bong. Met today with great, family owned machine shop and they will produce within a month and I am all set to send out a sample bong to 25 head shops soliciting orders....it should be a smash!