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Always excuses by everyone.....
- its Arca
- its profit taking
- its shorts
- or wait till the news comes out
This is supposed to be THE BIGGEST DAY IN COMPANY HISTORY!
How do you know its arca?
Wow the biggest day in the history of TRTC....everyone said we were not a real company
-until we get the permits approved
- until we actually build out and open up a dispensary
- until we create a brand
- until we expand our brands edible gardens and ivxx
- until we open in CA
We have done all of this, and on the biggest kiss my ass day to all the doubters,,,,
WE GO RED AND SELL OFF FOR THE SECOND DAY IN A ROW?
AGAIN WHAT IS IT GOING TO TAKE FOR THIS COMPANY TO GET RESPECT AND ACTUALLY HOLD ITS VALUE!
This was supposed to be the biggest day in TRTC history, and it is down almost .05 really?
This was the news that everyone was ripping the company about for 2 years...
people saying licenses do not mean anything util you get final approval
then it was you need to grow and then it was we had to sell and open up to be legit.
Tomorrow was supposed to be the biggest day ever for the company...
down almost .05 cents???????????????????????
who cares if we went from .14 to .42 cents this year thats peanuts man.
today was supposed to be the day of celebration and yada yada yada.
WHATS it going to take?
I swear...the biggest day in the company's history is tomorrow.
They all said trtc was nothing until they actually grow and open a dispensary.
AND the stock sells off the day before with 24 million in volume?
WTF ?
Again whats it going to take for this to fly?
We got the permits in LV
We got blum oak and now are grandfathered in to CA come November.
We have Blum LV opening tomorrow
We have expanded the ivxx brand
we have expanded the edible gardens brand
WTF???????
How do we close RED with 23 million in volume? Someone tell me please....not with one word answers like ARCA or SHORTS
I agree the same old cycle.....i am so tempted to sell all my shares and start flipping.
I do not want to get stuck with my shares when the RS comes...thats my personal belief as to why.
If this stock goes back down to .30's after opening the first dispensary and buying BLUM Oakland...
Than i do not know what could sustain this company, because those are 2 great game changing
events..... to have presence in CA and LV.
I have to think the price holds strong in the .50's otherwise.... i don't see any TRTC news bigger than tomorrow down the line.
I guess because i have had them for so long, and i keep seeing the same cycle of pump and then dump.
It feels alittle different this year, because we are starting to build higher low's.
I just thought that with all the progressive movement we would be higher in pps.
It seems we are chasing this stock for a long time.
It is always " wait for this news or event" for the last 2 years.
We had some really groundbreaking events come and go, and yet it still lagsssss
I get all the dilution, and # of outstanding shares stuff... but this is the only legit USA MJ stock that is
transparent reporting to the SEC and growing /selling MJ
i expect more by now... Seems like the only news that will really explode this stock is reschedule and maybe Nov election.
Till then its nickel and dimes...which add up i suppose.
What will it take to make this stock really move...forget about .20 here or .45 there
1- I though for sure getting approved for all those permits in LV = NO
2- I thought finally opening a dispensary in LV =NO
3- I thought buying BLUM Oakland = NO
4- The rapid expansion and branding of IVXX = NO
5- The rapid expansion and branding of Edible Gardens = NO
IS JESUS GOING TO HAVE TO COME DOWN FROM THE HEAVENS AND DO A INFORMERCIAL FOR DP ?
IT JUST PUMPS AND DUMPS
It will never be $10 without a reverse split period.
so you might as well pump and dump like everyone elese and make your money that way.
RS stink....i am not going into the details why aaaaaaaagain
The market doesn't give you anything ..lol
cheap shares were in January.
Congrats to the people who sold and made some money
lol It is not a healthy pullback....lol it is a pump and dump
THAT WILL NOT HAPPEN TODAY...LOL Do you follow this stock?
It pumps and dumps.......The good news is that will continue to get higher bottom points.
Which is all i want to see... steady progression.
Hmmm seems like the dump is working....i hope the flippers got out and made some money.
this is all great but....
It will have to settle down next week. I think our new bottom will be .50 - .60 which is excellent.
Or it could ride higher if they stack the news...
This is uncharted territory for me here.
Of course they will...its not just about the price per share.
It is about having over 1 billion outstanding shares...thats not a good way to start on the nasdaq
and fundamentally the math does not justify the price.
there usually is a bit of a sell off early, but this is uncharted territory now
Well i have seen the stock shoot back down as fast as it goes up in the past.
If i could time it perfectly...i would love to sell this week and buy back into the dip, and walk away with the
money i invested originally in the bank, and still be able to buy back in for 350k
It is just to hard to figure out the best timing of everything.
There are a lot of good and bad what ifs out there.
The dream scenario is being able to sell at the 3 dollar range before reverse split, and then buy back in the week of the reverse split (usually there is a dip)
I do believe once its up-listed-> the stock will hit at least $50 a share, i just want more than 35000 shares at that point.
Timing is everything...
As a long term bag holder-- It is going to be very hard not to sell this week.
I bought in at a very low price...
I am always thinking do i hold even if it dips down to .40 again
Do i sell at .60 and try to buy back in , and have a lower amount of core shares to hold long term.
If there wasn't a reverse split looming this year...i would prob hold till dec
I guess these are good problems to have...lol
i am happy for everyone that thought they were stuck at the .34 buy in rate.
It takes a lot of patience to hold penny stocks, but if you get the timing right...$$
I DON'T THINK ITS GOING TO BE THAT MUCH BIGGER THAN THE BLUM BUY.
I MEAN THERE ARE DISPENSARIES ALREADY OPEN ACROSS THE COUNTRY.
I THINK NOV ELECTIONS AND RESCHEDULE OF MJ ARE GOING TO BE THE NEWS THAT MAKES THE
CASUAL INVESTOR DOWN TO PROFESSIONAL INVESTORS BUY IN BIG-TIME.
What's really interesting about this last 2weeks is that none of the other mJ stocks are really moving.
It used to be that the whole sector would go on fire , and then dim out together.
Can you imagine what the pps would be if we didn't have some many shares outstanding?
I know lol There was no money tree growing in DP's backyard, and dilution was the only way for him to
grow at the speed he has been moving.
I am so happy for everyone that made some money today, as for me..i'm long as usual.
I still do not know why the insiders sold all that stock a few weeks ago? it wasn't for tax purposes.
They could have made a lot more money if they waited till 4/20
DId anyone actually get to cash out at .74 ? Or was that a flash in and out number?
It Is Soo Obvious they are going to have a reverse split soon.
Why else would insiders sell 2million shares before 4/20 ?
It is not tax purposes lol please lol
They thought the s-3 news would cripple the fan-base, as it should have to all smart fundamental stock traders.
If we are lucky, and they care about shareholders:
1 - they will only do a 1:5 reverse split. I think that would make longs happy!
Where do you get 10:30 reverse split from?
I do agree a RS is about to hurt all the longtime longs.
i mean why are all the insiders selling before 4/20?
I guess they do not want it to be too obvious maybe.
It is not for tax purposes..lol
insider's dumped over 1,750,000 shares so far this month...
VANDEVREDE MIKE Director 04/12/2016 Sell direct 100,000 0.3726 1,056,944
VANDEVREDE STEVE Director 04/11/2016 Sell direct 150,000 0.3475 669,444
VANDEVREDE STEVE Director 04/08/2016 Sell direct 92,500 0.3782 819,444
NAHASS MICHAEL Officer 04/07/2016 Sell direct 100,000 0.4040 3,500,796
VANDEVREDE KEN Officer 04/06/2016 Sell direct 25,000 0.3500 522,071
NAHASS MICHAEL Officer 04/06/2016 Sell direct 200,000 0.3690 3,600,796
VANDEVREDE KEN Officer 04/05/2016 Sell direct 25,000 0.3105 547,071
ALMSTEIER AMY Officer 04/04/2016 Sell direct 303,427 0.2953 996,078
NAHASS MICHAEL Director 04/04/2016 Sell direct 400,000 0.3060 3,800,796
VANDEVREDE KEN Officer 04/04/2016 Sell direct 125,000 0.2708 572,071
ALMSTEIER AMY Officer 04/01/2016 Sell direct 274,800 0.2701 1,299,505
lol will you be serious already.... It is not going to be $1 in 7 days.
It may spike, but will sell-off harder than in 2014.
People want their money back
Well if you see .75 this week,,,lol
You better sell fast my friend cause that will be diluted back down very fast.
This is a flip the news stock, no longer a long and strong one.
- What penny stock with soon to be over 1 billion shares outstanding is ?
- Insiders selling before bad news..lol
- Insider's preferred shares protected from the 1:20 reverse split
This stock has " screw you longs all over it"
TRTC doesn't care or want to hangout with us anymore.....we are the ugly girl at the dance...
Prom Queen is waiting at the Nasdaq dance...lol
Longs were used and abused
They have to do a reverse split....
I have been saying this for a long time.
They will buy as many assets as possible in the shortest amount of time at our cost.
DP is stealing from everyone of us! The reverse split at 1:10 -> 1:20 is shocking, and the fact that it
does not effect the insiders share count is just a criminal act.
I wish i lived within a driving distance to the grand opening...i would speak my mind to the rats.
There was no need to go this route....NONE
All they had to do was move about 11 months slower and grow organically.....they are crooks.
DP might try to increase the OS count to 2 billion if he can!!!!
Why not.... He owns the assets they buy, and his shares are not effected.
Just do a reverse split , and reset it back zero---> uplist --> price out everyone so you can present this
new package to billionaires to buy it all up.
To them $7 dollars a share is like us buying .09 shares. Im just sick to my stomach...
I bet theses criminals will not even answer shareholder questions next quarter.....fyi mine never get picked.
I would rather lose all my money and have them get caught doing something slick and illegal--> getting shut down and put in jail.
Guys i do not like Michael James being part of TRTC.
This story has legs.....and is very shady.
DP needs to fire him
This seems very shady, and concerns me to no end. How do we trust people that conduct these type of backdoor dirty deals long-term.
"The Derek Peterson & Michael James backdoor deal to screw NRTI shareholders!
Michael James, CEO of NRTI & CFO for TRTC, quietly and secretively created this new entity, Therapeutics Medical, LLC, that TRTC is now acquiring through this backdoor deal to get ahold of NRTI's entire CBD program, without involving or fairly compensating NRTI or its shareholders. This scheme was well planned out and they have tried to keep it hidden until it was finalized.
Six months ago Michael James walked away from NRTI after screwing its shareholders with one after another toxic financing deal with the infamous death spiral financier, Joshua Sason. It didn't take long for him to destroy NRTI with all this toxic financing to spend millions to promote Bikini Ready that never produce any meaningful sales. Now NRTI languishes in the $.0001 to $.0002 area."
"It looks like James created this new company, Therapeutics Medical, LLC, that specializes in the exact same thing as NRTI, nutraceuticals, the end of September of 2015. You can't find a single thing about the company, other than it is owned by Michael James, by paying a fee.
I mean it would make no sense for Michael James to quietly create this new company while remaining as CEO for NRTI and CFO for TRTC, if he didn't have some kind of plan to make a deal w/TRTC to acquire these CBD brands from NRTI. Now that TRTC has announced what this deal w/Therapeutics Medical, LLC, you can get a good feel as to what James is up to, otherwise it would not make any sense to create this new company and do a deal w/TRTC.
I mean why would TRTC even want to acquire Therapeutics Medical, LLC? They have nothing as far as I can see right now and how odd is it that out of the blue Kras files to register NRTI's two trademarks for their CBD products. Then you take into account that when Michael James took over as CEO, he made it so that he could do whatever he wanted without any shareholder approval needed. "
Very Shady backdoor business at NRTI shareholders cost!!!!!
ALSO why are the insiders selling so many shares Now? It is not for tax purposes, that would have happened earlier. This is supposed to be the golden lift-off times for TRTC? Selling now would be just silly, unless they know something.
And the ones who sold recently do not own unlimited amount of shares....doesn't make financial sense.
Trades:
Trades in last 3 months: 9
Trades in last 12 months: 38
The Summary totals only include Open Market Buys, the table below Includes all purchases.
Click on the column header links to resort ascending (?) or descending (?).
Insider Relation Last Date ? Transaction Type OwnerType Shares Traded Last Price Shares Held
NAHASS MICHAEL Officer 04/07/2016 Sell direct 100,000 0.4040 3,500,796
VANDEVREDE KEN Officer 04/06/2016 Sell direct 25,000 0.3500 522,071
NAHASS MICHAEL Officer 04/06/2016 Sell direct 200,000 0.3690 3,600,796
VANDEVREDE KEN Officer 04/05/2016 Sell direct 25,000 0.3105 547,071
ALMSTEIER AMY Officer 04/04/2016 Sell direct 303,427 0.2953 996,078
NAHASS MICHAEL Director 04/04/2016 Sell direct 400,000 0.3060 3,800,796
VANDEVREDE KEN Officer 04/04/2016 Sell direct 125,000 0.2708 572,071
ALMSTEIER AMY Officer 04/01/2016 Sell direct 274,800 0.2701 1,299,505
KRUEGER KENNETH PETER Director 01/13/2016 Acquisition (Non Open Market) direct 350,000 0.0000 350,000
VANDEVREDE KEN Officer 10/20/2015 Disposition (Non Open Market) direct 125,000 0.1070 697,071
VANDEVREDE KEN Officer 10/19/2015 Disposition (Non Open Market) direct 75,000 0.1006 822,071
JAMES MICHAEL C Officer 10/01/2015 Disposition (Non Open Market) direct 215,196 0.0960 450,000
JAMES MICHAEL C Officer 09/30/2015 Disposition (Non Open Market) direct 125,000 0.1010 665,196
JAMES MICHAEL C Officer 09/29/2015 Disposition (Non Open Market) direct 150,000 0.1054 790,196
ALMSTEIER AMY Officer 09/03/2015 Sell direct 100,000 0.1431 1,574,305
Man idk... If this stock is supposed to moving forward and blue skies ahead.
Why are the insiders selling shares? Wouldn't they hold them tight for a few months?
3 insides have sold in the last 2 weeks.
Amy Almsteier - Sells 575,000 shares
Michael Naas - Sells 400,000 shares
Ken Vandevrede -Sells 175,000 shares
It is not like they have unlimited amount of shares left, why sell now?
Do they know something? According to the forum its going to at least $1 by May, so why sell and
cut yourself short?
Why would insiders sell before 4/20? Do they know something we don't?
It does not make financial sense.
And where do you suppose DP will get the money to buy these assets
1- To Buy new CA dispensaries
2- To build 3 new dispensaries in LV
3- To build Grow and production facilities in LV
4- Employee benefits and salaries
5 - Paying for the marketing and growth of IVXX and Edible Gardens.
These are all great ideas, but without being able to use traditional finances until probably 2017, where is the money going to come from?
DP already put us in a hole with about 600 million outstanding shares + float.
So if he uses the same deal structure for new dispensaries. We may have 1 billion shares outstanding.
And of course DP's sharing of revenue deals on top of all the deals he does not help the bottom line.
- Edible Gardens
- LV dispensaries 40% - 50% shared profits
- Blum Oakland shared revenue - I am not sure of the true % yet.
- who knows what kind of deals he makes for dispensaries to stock ivxx.
So not only will DP continue to dilute the PPS. He will also give away revenue to sweeten the deal.
Why can't he get descent investors form his LV connections?, or Wall Street connections?
The reason company's with inferior products and less revenue have a higher price per share,
is because the owner did not give away shares like he has free license to print money.
Clearly he is going to keep making moves at lightning speed at any cost to shareholders.
Why? Because all he has to do is press the reset button...i mean do a massive reverse split, and then
up-list to Nasdaq----> then present this new squeaky clean package to the billionaire investors who can afford to buy millions of share at any price.
That means all of us who helped DP build the house get slaughtered. Don't even try to argue that a reverse split is good for long-term bag-holders.
Where do you think the price per share will be when we buy another dispensary for 200 million shares?
Do you think DP is going to use his money? or Part with the little profit TRTC makes after expenses?
My point is that the Price Per Share will not go to the moon, because of the outstanding share count.
Flip the stock on the news till the reverse split, and then buy back in LT if you can afford to
No pop?
Decent positive news doesn't even move this stock anymore.
I don't see opening of a dispensary on 4/20 moving this stock to the levels everyone is claiming it will.
It is almost like the BLUM Merger, where everyone knows about the opening, and it is kinda priced in already.
I hope that i am wrong... but it sure takes a lot to push the price per share these days.
It is really weird, because i do not see any other american mJ company's worth investing into today.
There really is just a lot of little shit companies with no real products and revenue.
You would thin that TRTC would be a rockstar to everyone interested in the sector.
Maybe this is the calm before the storm..idk
Thats the way to make money. Always has been with this stock.
All kidding aside. I hope that you make your profits.
Its all a game.
Timing is everything
lol They have to .
After the Merger they may have 600 million outstanding shares, and
then they want to buy dispensaries in CA before NOV vote, and
also the cost of the 7 other LV buildouts.
They may have 1 billion shares by then.
They want to move fast, and thats how start ups get their money ---> Though Dilutuion
Realistically You want to hold some shares for when MJ gets rescheduled....that will be a big week.
Other than that- It will be a slow up and down grind, just like the this year has been going from
.14-.> .42 -> .26
A slow positive grind is better than nothing
Listen i actually do not mind anyone who wishes this company to succeed. Hell i want it to go the moon.
But just be realistic, because it hurts newbies that are frankly alittle lazy about DD and use a forum for knowledge.
Alot of people got stuck in the last run, and prob panicked and sold off at a loss.
This stock can't even hold and maintain .26 cents.
Decent 4th quarter ---Nice gain --> massive sell off
Merger announced ---Price already built in --> actually sold off the next day lol
Opening of dispensary ---My guess-> up .15 sell off .18
You are crazy if you think your price prediction of 8.50 by November w/o reverse split is possible.
Newbies due your own DD and if you want to make money sell the news and flip this stock.
Keep a core of share for long term, and try and sell before the RS, hopefully you will have a decent amount of cash. That way when it rs you can buy back in after the dip.
Yes most stocks dip after first day of reverse split.... and then start to level off
Does anyone know the exact percentage of profit sharing DP has to do with the LV dispensaries, and if that is only for 1 year or does that percentage drop after certain amount of time?
NRTI is practically out of business.....their pps is beyond zero.
Their best product was bikini body i think....
They ripped off millions of people...and guess who was part of that scam?
Micheal James ! I do not know why DP is messing with such garbage freaking shady shat
Like i said he needs to stop working with crooks