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Based on these numbers, with the TRTC revenue growth rate remained flat from 2013 to 2014 this would put revenues at $8,178,358 for 2014. Given the additional opportunity, 7M is definately reasonable and proves they have had this kind of growth already, so continuing this should not be a surprise to anyone.
He also mentions that due to seasonality most sales will post during Q2 and Q3, but thanks for your sharing your reading comprehension skills.
Was on the sidelines here for quite a while. Finally decided to buy in last week... The PH@T halt does not influence my decisions on the sector and certainly not on TRTC. LOss for those who sold at those prices, but liking my .672 average. Go TRTC!
Fully agree. Everyone will move past this by week's end. This company isn't even fully tied to MJ. It's got many plays already in place that make TRTC valuable.
Solid updates. I like it when companies try to be more realistic with a side of optimism than the other way around. Based on this update I wouldn't expect the medical MJ portion to come in to play this year and maybe not even 2015, but long term strategyis always better to have. Strong positives in both short and long run. Go TRTC!
Just picked up more at .65. Averaging down!
I'm betting it will be at least Monday. I expect more details to come out by the weekend and once everyone is done panic selling the sector as a whole it will go back up. I'll be adding more tomorrow if it stays in the low 70's.
Chinese company NAMED. Go on their website - see the revenue they are ALREADY COLLECTING. HPNN gets to add some of that to their books. Didn't the LOI mention 100M? YES. That is the kind of deal Teleepoch brings to the table. HPNN gets them legal permission to sell their products they are already selling. MSFT gets a piece of the action too. Triple win. This is still down with short/MM pressure but all the pieces ARE NOW IN THE CORRECT PLACE. This will continue trading low until revenue reports are in but close the book it's a done deal now.
Hello free money for PLPL. They are getting at LEAST 1.3 MILLION USD which doesn't need to be paid back. Someone just try and spin that in a negative way lol.
I have a feeling this will go up over the next few sessions without news. News lately only seems to keep this down.
Start of the lunch hour now and news only been out on the wire 36 minutes. Could make for a fun afternoon!
C'mon give us a double-whammy today and release the China deal PR as well.
That's what I'm thinking. 100M shares is still 100k at these prices..... maybe Peter Michaels just bought a whole bunch of shares with his 150k from China.
Something happening we don't know about? that's a hevfty volume spike on the ask. I don't even think this PR warrants much attention since it is not really detailed at all. They took a small first step into WA which we expected, but now it looks like a few investors are rushing to get in at these levels.
Agreed - and it seems to me they are turning things around and working to correct their past history by bringing up solid and meaningful updates. Their past is why people are selling the news but if they keep proving themselves they will eventually turn progress into product and product into profit.
That is a good sign, seeing as how this wouldn't budge over .0010 less than 2 weeks ago.
Stage 2 complete. See above PR. To me, that means real progress towards a real goal. I would rather hear about concrete accomplishments like this rather than sky-high expectations. Let's see if they make their EOM April projection for stage 3 before getting too jumpy.
In my experience with this company they look to be one that had been doing lots of paid promo P&D style trading but has been trying to transition to a more legit company. They are still dev phase with the majority of what they want to do but seem to have solid long term thinking - which I like in a company. Right now its more of a risk due to some very uncertain variables (legal hurdles with their CBD based products, etc.). I am looking for this to head north again in the short term but expect much volatility this whole year.
They are pushing in the right direction for sure though, imo. If you want something more long term this may be a good entry point, otherwise you may want to watch and wait a bit and jump on when it starts moving with momentum if that is your intention.
GL
HPNN/PM is NOT sending promo emails. Period. Private investors are emailing him and his company with questions and they are getting replies to those questions asked. That's it. Stop making it more than it is.
Lol looks like I may have made a good choice buying in at yesterday's low.
Bought back in at $1.05. Been watching for a while so what the hell, let's see what happens.
Lol wth happened here? I was sick yesterday, come back this morning to see it go from .0011 to .004. No complaints from me!
No news but at least it was entertaining today! I'm over the sideways snooze fest.
What was the share structure when this was trading at .20? I'd like to compare that to what this will be after the 3billion retirement. Not that I am expecting .20 again, but anything even close to pennies would be fantastic.
Sold some, holding the rest. Hope to see some news today or tomorrow.
Lol don't even know exactly why this is going up but NOT COMPLAINING HERE! Just think what this will do with some solid news.
More details will come out regardless of the pps
I hear ya, nothing on my watchlist is moving today
More people need to see this 6+ months from now.
Question: Why is it not moving now?
Answer: Due to the company's history and current pps too many hold short positions and are flipping for small gains.
I agree with those who say if this was a different company with this amount of news it would go much higher. Look at any company in 2014 with a PR saying "Company enters MJ/etc." Thier price skyrockets immediately.
HOW does this get fixed? HPNN has to prove itself. This happens when we not only hear news of deals, but we see specifics on product arriving and being sold at retailers. I for one was not even looking for this news as I am mostly in this long for the MSFT/China deals. A signed deal with Huawei in connection to MSFT would be enough to permanently raise the pps to the next level.
But this current news will not have the same impact as it is not tied to a company list Huawei or MSFT. I believe it can and will move without or before we hear more on the telecom deal but we will need to see more specifics first. Once we have ONE verifiable, concrete revenue stream in place like this news suggests this will finally put to rest the shorts, the flippers, and raise the price. From there all subsequent news will gradually bring this up to pennies and more.
That is why I will be waiting 6+ months with my shares.
Actually he did clarify during the last CC if you listened in. This was addressed during the first question on Q&A. Michaels stated the revenue was for phones sold in through HPNN. Like any company there are COGS (Cost of goods sold) and other expenses (royalties, in this case). He further stated that HPNN would see their profit from that 100M revenue as would Microsoft (Profit = Revenue - Expenses).
Getting rid of the flippers that have been accumulating here over the last 2 weeks. Takes a while to take out the trash. HPNN doing some SPRING CLEANING!
Yep -- remember short position between 2-2.5 BILLION - so watch the volume to be up even though the price stays down -- manipulation to allow for covering. Once asks dry up in this range it can move again.
WOW hello volume. Also... its LUNCHTIME! Went downstairs to grab mine and we're up another 100mil
Lol and this isn't even the news I or others were waiting on. Multiple revenue streams is a WONDERFUL THING TO HAVE!!
Check out all those MILLIONS going at 11
SHIPPING MARKET READY PRODUCTS. That's all you really need to hear. I should know better but of course I can't believe the shorts/bashers are still trying to spin this. This is news. CONCRETE NEWS. Not fluff, not hype, it is a statement saying products are being sent to market RIGHT NOW.
Yes it could but again speculation. I am totally pulling for this deal to be signed -- my previous response was to debunk the idea of this news from Huawei automatically meaning that this potential deal with HPNN would be dropped; that is not the case.
As long as 'Windows' is in the product name/OS/etc they need a company with a licensing agreement with Microsoft regardless of it being HPNN or another company. That is fact. The speculation is which company HPNN will be signing a deal with and when.
The HPNN deal had nothing to do specifically with dual Android/Windows smartphones. Huawei would still need HPNN for shipping their current product legally