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If TRTC did not operate any business and just concentrate on selling shares this quarter, it would report a net profit of 171,363,178 shares x 0.45 = 75,399,798.32 USD. (minus the labor cost of sitting in front of computer and hitting sell button repeatedly.)
Sell-off tomorrow guaranteed. Say bye bye to 50 cents and soon 40 cents.
The biggest gainer for the coming years could be freddie and fannie mac - Republican's biggest funding source since 2000.
Unable to create a profitable business model from 55Mil investors' money already spent. Still heavily leeching on investors' money to survive.
Just watch, this will close around 0.49 - 0.51, while the whole MJ sector gaps up.
Perhaps dilution is the same following a daily quota but the buy volumes has clearly dropped off.
Not enough people willing to buy at ask, therefore dilution into the bids degrades PPS significantly.
When a company spent 50Mil to acquire and 300,000 a year to secure a dispensary that is no more than a few holes on a wall, one shinny display case, a small backroom grow, and an aging extractor. You know it is time to bail.
What get diluters out of bed every morning?
The pleasure of dumping shares into unsuspecting retail investors...followed by a wholesome breakfast at Waldorf.
TRTC lacks cash. Nothing else needs be said. Watch PPS performs a perfect dive and give as many 10s as you wish.
200 Mil on the ask vs. 323 mil on the bid... gonna be a while before it visits 3, if at all.
Accumulate for the next leg of dilution. Insiders could not be happier.
If you don't wean the TRTC baby, it will always suck thumbs and cry for investors' money even at 10 year old.
shoulda coulda woulda? LOL.
I haven't have any nightmare since I sold all my TRTC shares and currently enjoy 800% gain elsewhere.
A lesson learned from holding TRTC too long.
What happened to the last one? fizzled out as always?
https://www.cannabisscience.com/index.php/news-media/cbis-latest-news/768-cbis-gets-set-to-break-ground-on-its-360-000-sq-ft-ft-mcdermitt-drug-development-project-chief-william-bills-of-the-fort-mcdermitt-tribal-allotment-indian-lands-tours-property-with-investors-licensees-with-1-million-sq-ft-of-cultivation-licenses
AND
https://www.cannabisscience.com/index.php/news-media/cbis-latest-news/767-cannabis-science-ceo-launches-raymond-c-dabney-university-rcdu-and-releases-schematics-for-approx-40-acres-1-5-million-sq-ft-with-the-mcdermitt-indian-reservation-for-the-nevada-drug-development-complex
CBIS is the worst offender because the number of fluff PRs it put out without follow through. Why don't you go through their old PRs and see if you can identify and assess their success rate?
What happened to that drug development program? and university? Show us the picture of the drug and, if it is not too much to ask, the revenue?
Kool-aid too sweet? Dilution will help.
INTL has officially ruined the party. If it continues, you are not going to see dollarland any time soon.
TRTC needs cash ... multiple dispensaries coming online and many mouths to feed. They only have 1 mil cash on hand reported in last Q, hence the urgency.
0.0002 coming up...
An amended form4 was released around 7pm.
Perhaps the gifted shares is to be liquidated via outside brokerage account so no form 4 will be filed. Nahass at it again?
Maybe you want to consult with Peterson and Nahass first to see if that's the plan they have for you?
If only TRTC could make the same amount of money from selling MJ and with the same breathtaking efficiency...
Nasty BMAK was the diluter responsible for the PPS drop from 1.4 to 0.08 during 2014-2015. Better not holding any share when BMAK is on the ask.
The force of dilution is strong in this one.
Cash collection tray coming... Thank you for your donation... come again soon.
Here is a very informative article on growing marijuana and the state-of-the-art.
http://www.pbs.org/wgbh/nova/next/evolution/patenting-pot
is TRTC innovative enough to survive patent war? or just another wannabe surviving on investors' dollars for now?
The saving grace of TRTC is the controlled dilution. Always maintaining that 1-2% up tick per day. Carrot is small but do keep those kool-aid drinkers holding onto their shares.
CBIS is another all bark and no bite company. It has a long history of putting out fluff like TRTC.
In the latest PR, the keyword is "they are in the process of" and "as we closed the McDermitt Tribe deal in Nevada".
No words on the 40 acre University they are building or the 10 acre drug development project started in May. I guess both must have gone sour with the indians?
https://finance.yahoo.com/news/cannabis-science-ceo-launches-raymond-132909134.html
https://finance.yahoo.com/news/cbis-gets-set-break-ground-125026399.html
These PRs were designed to fool investors into buying shares. None of them result in any success so far.
Look no further than TRTC insiders. They need to sprinkle some of those gold dust looted from shareholders and make TRTC grow without further dilution. OR figure out a way to generate NET PROFITS ASAP.
Last TRTC's run-up to 1.4 caught diluters unprepared, This time, they are ready. With the goal of 75Mil in fund raising, they are set to dilute this thing on every pop. Say bye bye to dollar land.
TRTC needs cash more than ever. Every dispensary coming online is another money drain that adds to accumulated deficit. Hundreds of mouths to feed as of now. Bankruptcy looming large.
My MJ stock profolio went up 30%+ yesterday. I am in such good mood that I decided not to bash TRTC for the next 24 hours.
Instead, pity the fools for holding this insider enrichment scam is my sentiment for the day.
Ongoing dilution will kill any upward momentum.
Don't let this November be the month for TRTC diluters to remember you by.
Greener pasture everywhere but here.
Having DP on your side? Better hope he doesn't raise that armrest...
Your money is better sitting in your piggy bank. It will appreciate faster by inflation at no risk of losing it all.
A lot of companies in this sector are just as shady, but they don't go around dishing out fluff news, interviews, PRs and at the same time dump large amount of shares.
Steve DeAngelo doesn't appear in as many interviews as DP, and he is considered the leader in this sector.
TRTC is a scam to sell shares... it has no real passion to create MJ products and services that help patients.
IMO, I think NBPlants is paying for all the operating cost which TRTC reports as revenues. A big No No like WorldCom.
http://www.cbsnews.com/news/world-class-scandal-at-worldcom/
SEC needs to investigate TRTC's reported revenues for the past 8 quarters. IVXX didn't make that much money, EG made less. Where did their revenue come from? The relationship between TRTC and NBPlants is very obscure as ever.
Like octopus, TRTC will exploit all avenues to take money from shareholders.
And when that becomes not enough, they will deploy scorched earth tactic by declaring bankruptcy, keeping all the assets to themselves and create another Public company. DP did it before to avoid a lawsuit from his previous employer.
Combined experience of financing private companies using a pseudo public entity. Need money? don't worry, we got them... and plenty more where it came from.
Yep, Congrat to NBPlants.... What would TRTC do without your 10% and your start-of-the-art green houses? However, Do keep your hands away from TRTC cookie jar from now on.
If that's the case and insider owns the property, why not let TRTC uses it for free plus complementary security services? After all, shareholders pay 50mil for the merger and that's already been decided.
You 2 cents will be worth less than a sub penny when comes to TRTC and its shares.
Except it is not "independently" operated but paid for by TRTC common shareholders and to be acquired with 50Mil more shareholders' money just like BlumOak.
Only fool will hold this stock... it is a well-designed vacuum to suck investors dry.
Don't drink TRTC kool-aid while reading Q3 report, it may go down the wrong pipe. TRTC and their contractors can't afford losing cash cows like you.