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The only bully I see is TRTC and its diluters. They are extremely efficient in moving your money into their bank account without any chance of market's fluctuations that potentially lower its value.
The sell down to 0.0002 - 0.0003 will be gradual with daily ups and downs so that you don't feel anything and likely keeping your cash in the pot in hope of recovery.
Before you know it, we will be at the range before the show.
This title belongs to another company. So did IVXX.
TRTC is nothing but columbus claiming discovery of new world because others are not well known.
My money is safe elsewhere.
Merger with BlumOak in a non-profit state for the benefit of shareholders?
IMO, acquiring a successful CO dispensary is 100 times more beneficial for share holders, it also extends TRTC's footprint to legal states.
Someone benefited from this transaction big time but not shareholders.
After watching history channel's marijuana revolution, it amazes me how little TRTC, a public company with abundant shareholders' money, has accomplished comparing to those little private companies in CO and WA.
Those MJ companies had created an explosion of brands and innovation in edibles, vape, and drinks.
Made me wonder where did TRTC spend shareholders' money on?
Watch out for that coordinated attack by the diluters after the news.
I still bear that scars from the 30% drop following the announcement of two additional NV dispensary permits.
The investors of 2016 are different from those of 2014. They are not easily incited to participate in a mob to drive the stock up. They always check the bottom line first. And the track record of nearly 50Mil accumulated deficit won't help.
If TRTC couldn't find the Europe's wealthiest investors at Monaco, what make you think CNN interview would do any good?
Why subsist by leasing out hotel rooms, when you can make millions by dumping shares into bid in a few days time?
Stock market is a dog eats dog world. And when a bear attacks, you trip your fellow participant so you can get off scot-free.
In this mob, greed drives pps to fluctuate and participants get in and out to make quick bucks... until the pyramid collapses and mice scurry away in all directions.
No sense to giving out blame, since all participants were part of the mob.
CNN International starts around 2AM and ends 6AM EST, while most stock holders with a day job are in deep REM sleep.
Just found this on nbplants web site.
Putting out fluff is an easy lip service but getting it done is hard work.
Let's see if the next report shows positive cash flow for EQ ... which shareholders have been waiting for nearly 2 years.
If not, I highly suspect money is being funnelled to NBPlants under the table.
What I am asking is, if sale is going strong, where did the profit go?
How come it is still losing money each quarter per earning report.
The dividing line between NBPlants and EG has become very blurry as ever.
I don't understand why edible garden delivered just one contract in nearly 8 months. I remember the time when it signed a new contract almost once a month.
Is there ONLY ONE salesperson who splits time between MJ and EG businesses? How are they spending shareholders' money in this regard?
I hope EG doesn't become the ugly child of the family and confined to the basement from now on... and it is becoming evident that EG was part of a share selling scheme since 2014 and serve no practical purpose (other then funneling share holders' money to NBPlants).
The argument is not they have no cash to survive, rather is that they rely exclusively on shareholders' money to survive.
PPS will be stagnant for years to come until they become profitable. And I am not too optimistic from their past performance - always cost more than they take in.
For example, 100 employees and each does very little will do that to you.
They need to learn how to tighten their collective belt and increase operating efficiency... and by doing so, show some respect for shareholders' hard-earned money.
Pump & dump is about building up MOB Mentality. Most participants are along for the ride and ready to dump at moment's notice (if not before the company.)
The building up to climax is fun to watch, but the collapse is going to be most spectacular.
Disclaimer: I am not a participant, just a curious spectator who missed new year's firework.
Classical pump & dump performed to a tee. Back to 0.0001 after the show and MJMJ will not just be in history but also become history.
The reason: a real long judges a company by its character. TRTC behaves like it has grown accustomed to and became too comfortable to the idea of financing all current and future endeavors by selling shares on public markets.
Instead of making all their current ventures profitable as soon as possible and use that proceeds to bootstrap future business, they expect more retail investors to take on the unnecessary risk while they are living comfortably. (I bet they don't suffer from frequent nightmares like shareholders do.)
There is no competition inter-companies because this is non-zero-sum game like movie business. But there is competition intra-companies. Insiders make whole lot of money at the expense of shareholder's short term or even long term values.
Yes, please open your wallet so you can buy TRTC shares which they sold for cash to pay those future employees. All risk is on you while those employees laughing all the way to the bank to do monthly CASH deposits.... And after paying those employees and DP's private company for raw materials , TRTC will report net loss and further depreciation of your shares.
Cash doesn't change much in value, your shares do. GLTY.
Looks like they are running out of both (1) new pump materials and (2) gullible population to make this PPS run... unless they move to another earth-like planet with a brand new population who haven't seen any of their tricks.
Many other undervalued MJ stocks gave me 20% or more returns in the past few days. TRTC PPS has already been pumped to an inflated value of 28M market cap (while losing money every quarter). Its ROI is questionable for early part of 2016.
I used to think whale financing is a possibility with TRTC. But who is going to finance a company with ~50M accumulated deficit track record?
I am sour and anxious. I am going to keep bashing to make a real company out of these scammers ... until they can make money the old fashion way - earn it by ingenuity and honest hard work, not by selling shares and rewarding themselves.
I like this company's no nonsense approach. They are obviously financed by wealthy individuals and not overly relying on retail investors. And that is probably the reason why no paid stock promoters clogging this board with daily pumps to artificial inflate the stock price so that company can sell into.
If you are holding TRTC shares over the holidays, you will be visited by three ghosts of dilution, past, present, and future.
Looks like the past ghost of dilution has already visited us and scared flippers into selling for minuscule profit.
I think you tremendously underestimated the amount of cash TRTC needs, now and in the future. And because it has became so parasitically relying on retail investor's cash that came so easily without any accountability, it will keep financing itself by selling shares into the bids in the new year. They are in no hurry to make either IVXX and EG profitable to start reducing the accumulated deficit.
TRTC PPS will stay around this level for most of 2016.
Two different things with the same implication - pervasive incompetence.
After 2-3 years in operation and EG is still losing money each quarter?
Here is another well wish...
From TRTC's past performance, everything they do is at a cost.
The more dispensaries they open, the more accumulated deficit they will report.
Inefficiency seems to be their mantra of doing business.
Good luck with your investment.
TRTC is going to need more and more cash to staff each dispensary location, security, utility, equipments, etc. The affect on PPS is not going to be pretty.
With 50mil accumulated deficit, they could've used that money to move its headquarter to CO, WA, OR, acquire 5 or more dispensaries and bring in huge profit right now.
Instead, TRTC is buying BLUM in a non-profit state.
Unfortunately, IMO, what your shares bought is either: (1) a crafty scam or (2) total incompetence.
GLTU.
Obviously you weren't around since the beginning.
TRTC was advertised as MJ company from day one to sell shares... with only one leased green house in NJ.
Money invested since has turned into multiple insiders' private businesses and non-profitable EG even to this day.
I understand them and don't trust them.
I once invested in TRTC because it IS a marijuana company not because it can acquire dispensaries and grow ops to become one.
200k-300k went to DP's private grow and then TRTC has to acquire BLUM don't sound fair to long time share holders to me.
DP needs to gift wrap BLUM and his private grow op and give them to share holder for free to compensate for the massive share devaluation over 2015.
Medifarms are probably on the next-to-acquire list of TRTC... with more diluted TRTC shares of course.
Almost everyone working at TRTC has a profitable year except share holders. Bags and bags of diluted shares were handing out to unlucky investors throughout 2015, while insiders laughing all the way to the bank to do regular bank deposits that was mostly share holders' money.
The diluters are getting smarter. They were able to make bagholders out of longs and now it is able to get to flippers too.
Wonder if they are eavesdropping on this board as innocent TRTC cheerleaders.
Exactly, the ability to sell shares is what scammers treasure the most. LATF has the means that other scammers want. Hence my earlier statement.