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Look at the drop from 1.4 to 0.4 and rebound to 0.8, see something familiar?
Nothing goes straight down, diluters need better price to unload.
My point is someone need to study their method and investigate the benefits of their product with the same rigor that had gone into the study of multivitamin.
Annals of Internal Medicine's study of multivitamin
http://annals.org/article.aspx?articleid=1767855
What make Superleaf vegetable NOT a junk science by mad graduate students in a lab?
Perhaps peer review in an esteemed journal is what we need here not random chit-chat on a message board.
The value of Monsanto is because of its popularity, not its innovation.
Tumbler is not even innovative and Yahoo bought it for 1 billion because it has large user base at the time of acquisition.
Nutritional enhanced vegetable? Why?
A bottle of multi-vitamins is a more cost-effective way to get nutrition.
Please, innovate what people really want, not only what you know and capable of.
Here is an advice to TRTC.
Do some R&D first, make sure you can put out all four products, shatter, wax, oil, and joints, in consistent quality before even putting up a commerce website!!
TRTC is all show and no substance.
They are very good at putting up façade to sell shares, such as,
(1) nice packaging,
(2) attractive website design,
(3) attention-getting press releases,
(4) easy-to-remember emblematic trademarks and slogans.
But when it comes to actually delivering quality products, they have done nothing to deserve that 50mil accumulated deficit.
Almost a year on, they put out shatters of poor qualities, and no oil and joints. WTF have they been doing with investors' money?
Spending on expensive cosmetics to hide the pig that TRTC truly is?
4. Do they seriously just receive 50% of profits for absolutely no freaking reason that we know???
TRTC is a spoiled brat.
The more money you give to them, the less respect you get back.
TRTC needs to learn how to make money by generating profits on its own and use that to bootstrap other business.
One day, TRTC and his unsavory friends may come back and murder the whole family ...
The moral of the story is : Don't raise a spoiled brat.
You cannot guess the bottom when the diluters' daily dump is driving both the short and long term trends.
Otherwise, you buy in, you lose.
Quite the contrary, EG is most shady part of TRTC business.
How do they report EG revenue when NBPlant is integral part of production process? And on a leased land from NBPlant?
I have doubt on all the reported EG revenue for the past 3 years.
The artificially inflated revenue is perhaps merely a way to sell more shares. (Steve and Mike V.)
As an investor, I don't mind a bit of pump and dump to finance future growth. But this is not an excuse for incompetence.
50mil and 3 years later, EG brings in no net profit and IVXX has quality issue.
Dixie Elixirs has only been in business for 6 years since 2010, look at how many products they carry and how big their distribution network is.
My money is better elsewhere.
Don't forget MICHAEL A. NAHASS has sold TRTC shares illegally from his outside brokerage account.
No one knows how many shares has been sold into market this way. Or perhaps it is still ongoing by someone else now.
TRTC couldn't even get one product with consistent quality out to market. And it has been over a year now since IVXX brand was announced.
Bezos and Musk? LOL.
TRTC is better off concentrating on selling shares instead of losing money by making concentrates. Too many longs are willing to give them money anyway.
Apples and oranges.
Illegal possession with intent to distribute is now called unwavering passion for this industry.
Illegal selling of shares is a crime of abusing public financing system. Which is why this PPS is diving.
Good luck with this pump and dump, insider enrichment scheme.
After spending 50Mil of investors' money and they have quality control issue with IVXX in mid-launch? TRTC is the guilty party here. After all, they have taken money from investors including me and not the other way around.
which further supports my statement. They are unable to tune the extractor beyond its given specs.
http://www.omicsonline.org/optimization-of-extraction-condition-for-supercritical-carbon-dioxide-scco-2-extraction-of-strobhilantes-crispus-pecah-kaca-leaves-by-response%20surface-methodology-2157-7110.1000197.pdf
Unfortunately, TRTC has no expertise to tune its extractor beyond its given specs.
TRTC bought and use a third party extractor to produce IVXX concentrates with high sugar content. I don't believe TRTC has the expertise to remedy this production issue and achieve higher molecular precision, since they relies 100% on a third party's product and inherently subject to any limitation of its machine.
After all, TRTC is run by a bunch financiers with little true technical expertise.
How long has EG, aka NBPlants, been in business? Have they ever make any profit before using EG as financing machine? the public is sponsoring their debts and they are doing it again in a different industry.
From private secretary to EG, from EG to IVXX, from IVXX to Blum, one thing stays the same, they spent more money to make less money.
TRTC is a microcosm of US economy, borrowing more to make less.
Longs here are getting a bigger piece of a rapidly shrinking pie.
I use simple rules to explain to people that prefer following rules over complicated optimization.
Pre-earning dip and post-earning slide is what history tells us. Expecting the same pattern again. TRTC spent more and more money to make less and less money. No reason it will be different this time.
Read their filings. It is about their operating efficiency. My last post on this subject.
None. TRTC wasted my money to build money-losing business, is there a reason why I cannot be here to ask them to tighten their belt and treat other investors nicely?
Accumulated deficit is a scorecard of a company's operating efficacy. It shows you how much a company spent for how much revenue.
If it is positive, it is called retained earning, which you won't see in any of TRTC's earning reports.
51 million accumulate deficit and still diluting, I call that wasting other people's money.
My point is these companies don't waste other people's money.
And this is what angel investors look for.
Without angle investors, retail investors will have to sponsor all of TRTC future buildout and subsequent dilution. Well good luck with that.
I think they paid money to talk to investors without presenting, which make them a sponsor.
TRTC has rewarded shareholders with 378 % returns
TRTC used my money to build their money-losing business therefore I have the right to be here to complain. Either they act like real company and stop abusing shareholders or I will be here everyday to tell others how bad this investment is.
Or they can pay me back my money? or perhaps you can be so kind?
BTW, I won't put a cent into TRTC even if it is at 0.0001. I don't trust the management.
Total Expense $1,726,431.34 / $1,904,121.34 / $2,640,536.20
Net Income **** Year One $7,159 YEar Two $443,719 Year Three $792,638
TRTC abuses common share holders and some apparently likes it.
Looks like Harborside news flip the trend for the entire sector. Now let's find out which company is using this opportunity to dilute.
Nutritional supplements is an unregulated industry. Until a product is FDA approved, it is just a few Chemistry Hobbyists brewing you-know-what concoction and selling it to the mass.
https://www.statnews.com/2015/10/14/unregulated-supplements-send-thousands-to-hospital-each-year/
There are FDA approved drugs and supplements that underwent years of clinical testing and trials before releasing to market... And then there are these so-called sports supplements including pro-hormone, instant muscle grower, and vitamins.
The only reason why they don't get shutdown already is because they counter sue government and legit pharmaceutical companies for monopoly.
So they operate in shadows and some even made millions by selling pro-hormones with custom formulated compounds similar to steroid.
BLUM is going interplanetary folks...
Use a high power telescope and look at the planet Kepler-452b also known as Earth 2.0. Near the south pole, at the heel of a plateau, you will see a faint sign that says... BLUM.
Now what happened to that Maryland dispensary application?
Nobody is buying hydroponic produce of any kind in local grocery stores. In fact, no one want to pay premium for produces. There is reason costco is jam packed every day. People look for cheapies in this economy.
(1) Short term price target 0.15? long term 0.5?
(2) Better extraction technique than GWPH?
(3) Outperforming whole sector?
PPS at 0.0001 - 0.0002?
The only thing we can learn from USMJ is how not to pump a stock.
It is Michael Nahass, the Treasurer, he who manages the money.
http://www.stocklaw.com/Securities-Fraud-Blog/2016/January/Michael-Nahass-Fined-Suspended-for-Undisclosed-O.aspx