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About the dilution it seems I've been a bit too kind recently stating we would be well over 200M shares
This is interesting
Let 'm go. You might be right. BUT... I think they've learnt something at NRTI headquarters this week. And as they need a higher SP to facilitate funding, I'm pretty confident we'll hear more from them soon. Coming months gonna be fun
Not really. This job posting has been around for quite a few months. NRTI is actually doing quite well on social media. The Bikini Ready Facebook page has regular updates with a nice mix of information, inspiration and fun. It's a slow process but they're steadily building their crowd.
I was talking about PR and reaching out to general media. I actually think they might do another PR explaining their achievements in extraction and what it would mean for the products.
i can add a little dance if you like (;
If I may add: after the meeting with the Advisory Board, board member Dr. Michelle Sexton said "Right now there is no clear industry standard, and this team has an opportunity to change that."
Imagine the attention this would bring to NRTI, if their products are to become a reference in developing industry standards.
CN, did you read post #66000 yesterday on TRTC board. It's from Longanisa, who just joined here too (welcome!!). I believe it's very valuable info and worth spreading too.
It proves NRTI has accomplished some really valuable stuff
You're absolutely right about the pimping. That would be an awful thing to do. I meant more like reaching out to general press to build a reputation as tought leader and reference regarding these CBD supplements. Pimping the stock would only be a pleasant side effect. It's more about building an image.
I do understand it's a bit premature as NRTI has not disclosed a brand name for this new range of products. But we both agree they're on to something and it's about time to tell the world.
When I read your answer I was having the same thought. But I guess it makes no big difference. Otherwise this would really be a huge opportunity and they would be working all night to have these products out tomorrow.
I can't imagine that NRTI would be the first and only capable of doing this and that they would nearly hide it in a press release for investors.
I agree with your comment about TRTC (; A few months ago they bought and extraction machine and called it the inauguration of their development center (or sth. like that).
But i do think NRTI is a different story. When they talk about extraction, I do believe they mean developing a controlled, Industrial process. Their approach goes a bit further than pressing out some juice, so I do believe they've accomplished something when issuing this PR.
Anyway, I do agree with you that it's an attempt to pimp the stock. In fact I do think it's only getting started. That's why I bought more shares of them today.
I agree using the term "phase 1" is a bit dubious, but they do specify that they've been working on the extraction part, which is I believe key in making these products.
It could well be the competitive advantage of NRTI. Lots of companies plan to make these products, but NRTI has the knowledge and experience to actually control the process and make high grade products.
It's not about execs wanting to dump. Been following this company and to me it's clear they aim longer term and much higher.
I expect more communication in the near term where they explain what they have been doing and what's in the pipeline. The hype might be just around the next corner
I'm no trader (apart from NRTI I'm invested in solid companies like Nokia and Microsoft) but I've learnt a few things in the last months I spent here after accidently falling in love with NRTI. One being that traders here (and in other chat groups and forums) always talk about "looking at the facts". By saying that, they don't mean facts like an investor would. They don't refer to financial statements, indicators etc. They refer to a company being mentioned in the press, they talk about well presented stories, they talk about a company getting some recognition etc. It's up to NRTI now to realise those "facts". As I've been trying to say today (and after repeating it i promise to shut up for a while) this PR proves they're working on building these 'facts'. I strongly believe they will continu to work on this up to the 15th of August
If you mean 'results' by 'a catalyst', I guess you can make it 36 months. But that's not what we're looking for, not anymore since 14Q1.
It's about telling a story now. Getting people on board.
In that regard they have some pretty solid building blocks already.
Let 'm do some more PR's: let'm present themselves and their scientific board as thought leaders in the field, let 'm focus on future consumers (I guess many MJ investors are), let their art director make some images to make it all a bit more tangible..
Once the momentum it's there, we'll be off to .30 in a matter of days. We've seen it before and i'm pretty confident it will happen again.
And once we get there, .60 is not that far away either..
Come on NRTI, I added 40K shares today (I was surprised they cost close to nothing at the moment lol). Give us another PR this week about why the new supplements are going to be superior to competition from a customers prespective. Add another PR next week about the future plans to add the supplements to the current portfolio on the shelves of 'traditional' retailers. Week later PR about the further development of the extraction process and the competitive advantage for the company.
And so on. Well I hope you get the idea by now (;
I agree there is a lot going against the company, but let's face it, most other MJ plays are much worse. Let's hope folks at NRTI headquarters find the right way in time to get the attention of MJ investors again. There is a great story in their approach. At least today's PR proves they're willing to play the game. Let's assume they have a strategy now to build the momentum.
It's time for NRTI to take PR to the next level I think. I see great value in the PR of today. I love their tone and it all could come together if NRTI could become a reference in these CBD supplements. Building some thought leadership and reaching out to media and journalists covering the MJ developments would deliver them lots of attention.
okay guys, here we gooooo
Thank You cn. Good overview of where we are right now. Guess we have To wait for next Q results To draw conclusions. We're All a bit nervous cause This stage is simply nerve breaking. Everyone who had Read the funding statements understands funding is very expensive right now. But the proposition of This company is Just Great. It's a tough race between good and evil right now.
Why You say they blew It?
My honest opinion: before the 15th of August he will issue as many empty pr's as needed to make this thing going again. If he doesn't and sales are weak It's game over. He won't let this happen as i think he knows some investors from his past. And If he feels a bit unsure about issuing empty pr's he can Always count on his friends At trtc. They know How It's done. A few weeks patience. We're gonna Be good
True. Even if You do numbers like i do, This stock is a bargain At the moment
Maybe it's the widespread use of calculators and computers that so many people are basing their dd on figures. These devices should be banned (;
Let's not forget that the name Martha Stewart has opened many retail doors for NRTI. So even if sales didn't take off as fast as expected, there has still been huge value for NRTI in the deal. But this value comes at a cost and brings a risk. I only want people who are doing DD on this company to realise this. Those who see MSE as an asset have to do their exercise all over.
Having said that, and as I've mentioned before, I expect a turnaround in SP in the next month. Either sales are much better than ever before or NRTI is going to work as hard as they can to compensate bad sales with some substantial news on what's coming.
But I leave it to the traders to make more precise predictions on what will happen. For value investors it's clear by now NRTI is going to need too much time to be a valid investment. It was Warren Buffett who once said: Time is the enemy of the lousy business. And he's right.
I'm holding 240000 shares at the moment. I might add if the SP starts rising again and comes above .10 I plan to sell 1/3 at .30, 1/3 at .60 and 1/3 at .90 I'm counting on the traders to get there by the end of the year (;
Please be aware that some recent posts posted here are very misleading. The fact about Martha Stewart Essentials is that it is not an asset for the company. They license the brand, which was meant to bring in instant revenu. We've learned by previous financial statements that this has not worked out as planned.
No blame for the company, it was absolutely worth the try, but facts are facts: Martha Stewart fans don't buy into the pills. (which in hindsight is not that surprising - the Martha Stewart story has Always been about healthy food - you don't need supplements when eating fruits and vegetables)
So as MSE is not an asset (it's someone else's brand) and it does not bring fast cash, it has become a liability. Even if it has the possibility to bring in money later, that's just not the point. With limited resources it's not good that MSE is actually costing the company money at the moment. Money that would better be spend on promoting their own brands.
Again, no blame on the company. But beware when doing your dd: MSE is not what's gonna give us a return on our investments.
You're absolutely right Capt. Their balance sheet looks very bad and is not likely to improve soon. And then there's the issue of dilution. We're well over 200M shares already and much more capital is gonna be needed until the business can sustain itself. My calculation is we'll be at 500M shares before this company turns break-even.
And still, they might be on to something. I think Bikini Ready is the most promising asset. But with the fundamentals as they are, it's gonna take years to see this reflect in SP. The company just don't have the power to push it in the market.
So those MJ products are indeed the thing to count on. Let's see what the scientific board can do to raise attention for the company. We can't have blind faith that this will work out, cause these people are involved in other commpanies too. But it might as well do the trick. Let one of those people come on national tv when NRTI MJ products are launched and we might see a huge rise in SP.
On a longer term this company will be for sale at some point. We have to count on Bikini Ready in this regard. Or the MJ products, if they get generally accepted by then.
The one thing I don't understand is the lack of focus. The acquisition of these yoga products for example is utterly ridiculous. I also think the stock options for the CEO is a waste. Every share counts at this stage and the company should not have given millions of them to Mr. James.
This last issue may have been dealt with though. I don't think it's a coincidence that news about the appointment of Mr Kras came at the same time as statements about financing. Investors just don't like hungry CEO's at this early stage and they are damned right about this.
Some 30 more days to go and we'll know how many shares the company printed for Mr James last Q. Oh, and we might see a nice improvement in sales cause it has to be said: a lot of things happened since March
Our beloved green rush stock is takin it very eazy. Peace all
Never before was the bikini ready shake so yummy
http://hollywoodlife.com/2014/06/27/kim-kardashian-bikini-body-weight-loss-summer-diet/
Come on, this brand has all it takes to become a huge success
Lol. Well maybe Kras can take the cynicism out of this company. First job should be cancelling all stock options for the CEO until this company is profitable. There is a chance he will.
I'm so happy for Mr. Kras. With the attitudes in use at NRTI headquaters, his promotion will definately be worth a couple millions of shares for him each year.
Now they only need to find a way to make those shares worth some real money
All jokes aside, as I've understood Mr Kras is the man who developed Bikini Ready and who initiated the deal with MSO. He's no financial guy but someone with his feet in the business, which is good. I'm wondering if we're gonna see some positive change now
Nothing else to do indeed - it would be insane to sell now imo, knowing the run is bound to happen some day. Won't buy more either as long as we don't have more info on actual sales.
I'm holding on to my shares.
July could be a very slow month, I think, with some more decline in SP as I don't expect any news soon.
But by August NRTI has to come with something. As this company needs more funding they just can't risk another drop in SP. Probably we're gonna see some improvement in sales (things can hardly get worse than last Q). If sales figures won't do the trick, I think they're gonna work as hard as they can to come with some real MJ announcement by then.
In either way, I think by August everybody who wants to enjoy the ride should have bought their tickets.
I don't have level 2 but it looks like the selling after Q1 and 8K has somewhat stopped? Looks like lots of people, including me, are just holding on to their shares, which would mean this thing can go up again really fast as soon as the news we're all waiting for comes out and more people want to buy
Thanks - the Christa Alves story is one many young women can relate to imo. I really like NRTI pushing this
Today's PR and quotes from experts in the board seem quite favorable for NRTI
Does anyone know if NRTI might find an MJ-based cure for people who post the same message twice.
Thanks for sharing
Thanks for sharing
I'm not sure if honesty is the right word for being persistent about factual errors. Anyway I'm leaving the discussion here cause it's impossible to share honest thoughts and learn something here.
Don't think so but they'll probably last for many years to come