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Your right Allson. We may have 1 billion shares outstanding a year from now.
I hope it gets to my price point before then. I just want to sell and then buy back in after the RS
Art i just don't feel like writing a big long post like i have done in the past.... there are reasons why RS fail.
Especially with OTC . Art everything is speculative with OTC..you should know that by now.
My main point is that long term holders with 300K shares, have always wanted the pace to slow down alittle and grow more organically and benefit us more than the rob peter to pay paul mentality.
We had 8 licenses in NV to work into production, we extended our resources big time.
Why not slow down a little and use the ivxx and edible garden money to do the build outs, and then move forward with all these new plans.
I get that we had to buy BLUM Oakland to get grand fathered into CA before law changes in November.
It just seems DP just wants as many assets on the books at the shareholders cost, and then sell this company as fast as he can. Dp has said he wants to sell this company in the past.
I think he's exhausted from the constant hustle .
He has to always wheel and deal off the cuff- For instance to get dispensaries in LV-
We have to share our revenue with them? I doubt any other dispensaries in LV had to do that or would ever do that.
One thing that always baffled me, was why he couldn't get better financing? I mean he had connections in LV, CA, and Wall Street???
THE ONLY REASON I CAN THINK OF WAS THAT ITS EASIER TO JUST GIVE AWAY OUR SHARES AND DILUTE THE PRICE, AND THEN TRY AND HUSTLE TO THE NEXT ASSET.
WHEN IT IS ALL SAID AND DONE WIPE IT CLEAN WITH A REVERSE SPLIT AND UPLIST, AND AT THAT POINT WE ARE ALL PROBABLY PRICED OUT OF BUYING ANY SIGNIFICANT AMOUNT OF SHARES.
IM TIRED OF TYPING
Why would he buy back shares, when all he has to do is run up the share count, and purchase assets---> then do a reverse split to start clean?????
To Be Honest when there was heavy RS talk going on in this forum. BleekVision and his followers did address the need for a RS. I have no issue with a 1:5 or 3:10 RS worst case 1:10
Though e 1:10 would piss me off, because my share count would drop from 385k to 38.5k
$2 a share in 2017 would = 770K a 1:10 RS at .30 = 3.0 x 38500 = $115k
I have always wanted the company to slow down a bit and grow organically.
I think it could reach uplist criteria without RS, if they slowed down , and didn't give away so many shares. Granted we would be a little late to the game in CA if we slowed down.
I think in 12 months mj will be rescheduled... So my reasoning was that would open up the Banks to finance TRTC.
I can answer that..... A Massive SHAREHOLDER REVERSE SPLIT that gives DP new assets, and get out of jail free card to start all over again.
DOes anyone know more details about this? This is kind of shady
OMG..lol That would be criminal.
That would be like punching every shareholder in face, and then stepping on their balls while they are down for the count.
I don't DP would survive that..lol People would freak out.
I was thinking maybe 1:5 or 3:10 or worst case scenario 1:10
But greed is the downfall to many a men.
Agreed FUNDAMENTALS DO NOT LIE!
I know... Can you imagine all the people who bought in at .28 or above, and are now at a loss? All because of silly BS Pumping.
A lot of them probably panicked and sold for a loss. I hate seeing that shat, so i try to be honest and let the newbies know the history of how this stock trades.
Thanks Neesh - I do not mind hobo's post, at least he was respectful about it.
I would not say the tone of my posts are always negative. They are just real opinions based off historical trends, and fundamental math.
I WANT THIS COMPANY TO BE SUCCESSFUL ! I DO NOT WANT IT TO FAIL
What happened to all the price predictions and "to the moon" talk?
The merger happened! Oh i see on to the next bs pumping subject to wait for...
CAUSE THIS TIME IT IS REALLLY GOING TO THE MOON PEARLJAMMER VISION: $8.50 PPS LOL
Funny how after all the talk.....it always ends with " really nice consolidation " or " great buy in at this new low price"
They never seem to be disappointed....weird. .42 - .22 that is losing 50 percent....
I guess if you consider .14 to .268 it is a good return since the new year.
Can we please stop the to the moon talk now. It goes up .05 cents and all of sudden its a retirement stock.
Again i wish it was a "to the moon Stock", and we all made tons of money, but it is not.
It has been proven time and time again that it is meant to flipped.
Newbies- Buy this stock low and sell it before big news is going to be announced.
It can be tricky timing things, but basically that is how you make money off this stock. History does not lie.
Man what a depressing sell-off
I wouldn't be surprised if little by little it hits .17 by next week.
I really thought it would maintain more steam than this.
Is it not getting harder for you guys to put positive spins on this stock?
I did catch that as well.
Mag- I assume it may cost 5 million bucks to build one that is similar to the NJ facility.
I also assume they will build at least 2.
How the hell are they going to get that money?
Along with the money needed for 4 more dispensaries in LV,
Production facilities in LV,
Buy new dispensaries in CA before nov election,
and continue to pay salaries?????
I did catch that as well.
Mag- I assume it may cost 5 million bucks to build one that is similar to the NJ facility.
I also assume they will build at least 2.
How the hell are they going to get that money?
Along with the money needed for 4 more dispensaries in LV,
Production facilities in LV,
Buy new dispensaries in CA before nov election,
and continue to pay salaries?????
lol What did she post? That the company has the worst fundamentals, and technically a joke?
But everything is ok because i want to get in on the ground floor on MJ industry????
What about the loses ---> and the huge pump and dump thats just took everyone for a ride once again???
What in the world would make you feel refreshed by that email?
This is about money
All DP had to do is slow down! wait 12 months , and use the money generated from IVXX and Edible Gardens. Maybe by then rescheduling will open up banking.
He wants to move as fast as he can , at shareholders cost.
Like another poster said " it's like a free license to print money" --> All he has to do is a massive reverse split, and start fresh again.
There might be 1 Billion outstanding shares by November.
How else is he going to buy dispensaries in CA, complete 3 more Build-outs in LV, and i assume salaries, benefits, and marketing for ivxx?
This guy just wants get as much on the books at our cost, and then sell the freaking company and move on -> once mj is rescheduled.
Have you listened to his last few interviews or quarter end conf calls?
He seems exhausted, and not very enthusiastic, and never addresses shareholders questions and concerns.
Side note- i know he wasn't feeling well last call
Fair enough Mary, I am sorry if i offended you....
I respect that you at least admit this company has piss poor fundamentals.
They are robbing Peter to Pay Paul at shareholders cost.
AMEN! Thankyou Someone finally gets it!
This stock will not make anyone , but the insiders rich!
I am not going to repeat everything from yesterday.....im too tired lol
Also the news of BLUM dispensary is already priced in, because people who follow the stock already
know. You might see a few cents change, but it will go back down as usual.
Listen people- If getting 7 or 8 provisional licenses in LV didn't do anything to change this stock.
Nothing will, with the exception of federally rescheduling marijuana.
Best bet for longs is to start flipping like everyone else, and selling the news, or waiting for the rescheduling. If your smart, and have a big wallet just do both.
Again...i wish the fundamentals were not true. i want everyone to make money.
You can't deny the historical facts of trtc....History has a way of repeating itself.
lo Ok you win it is going to $8.50 cents a share in November..lol
I think that was your post to bring in newbies..lol
You do not understand fundamentals my friend...an that is how you lose yours and others money.
Frankly i do not care about your money, but stop bs the newbies
I want everyone to make money and prosper.
I just think the shorts are more realistic than the pumpers, and that if you followed the shorts methods of
buying in and out of this stock, you would have made a lot more money than listening to a pumper, and
being caught in a tight spot.
It is always "wait till this news comes" with pumpers --> news comes and same cycle happens...lol
To the moon..lol
This is my last post for this afternoon
I am on your side!
I want everyone to prosper.... I just hate pumpers that get newbies to by in , and they lose half their money
in 2 days.
Are you kidding..lol They have alot of debt!
Also it is very very expensive to build out 3 more dispensaries, and i think 2 or 3 production facilities.
They have to market ivxx and edible garden to death, and practically give half the profits away to bribe their way into stores.
They are going to buy dispensaries in CA before November, cause if they don't the price tag will be much higher afterward.
They have taxes and salaries... its endless....
They don't have the money after all taxes and light bills and salaries and bribe money is paid.
Oh lets not forget the money needed to wheel and deal to get in a new market....
I mean in LV DP had negotiate sharing %50 of the profits of the dispensaries!!!!
You think NJ is going to be cheap??
You ever notice the people who post the "to the Moon" or "Bleek Visions"
Never post fundaments?
I remember one pumper who is obviously a paid cheerleader.
He noticed the board was in deep discussions about reverse splits , and he cheered the blue skies ahead bs to no avail.
Then when the discussions got even deeper.....he posted a real scenario TRTC reverse split post , and how it might not be so bad...lol
It was clearly a case of him running to his boss and telling him of the mood of the room, because he posted a extremely well written, and researched..." don't worry too much it won't be that bad post about TRTC's reverse split"
If you read all of his other posts....it was CLEARLY written for him. If you don't believe people are paid to cheerlead you are mistaken.
I have a friend who is paid well to troll the internet forums to rebuke bad reviews or talk about her companies product.
You didn't really make all that much money after you consider taxes, and buy back. I guess if you get to do that 50 times a year it does add up.
lol Why would he have done a reverse split before this year? Why use your get out of jail card, and have a fresh start when you have nothing? It's like declaring bankruptcy when you only have $150 balance on your credit card. It has to be worth it! Hell i would love to go shopping and buy all these assets, and then have my friends( shareholders) pay for it all, and my balance gets wiped clean, and i own all merchandise.
Get it now
lo that's a awesome reply. I enjoyed reading that.... very creative.
I agree the worst is "it's all Blue Skies" or "to the moon " and of course "Bleek Vision"...lol
I would rather have newbies alittle skeptical, and hopefully that would lead to some DD about the company.
I mean really lol Anyone can say it's going to increase or decrease lol It's not rocket science on the OTC.
It moves a bit by news, and sells off.
It gets manipulated and moves .09 cents, and all of sudden people have VISIONS..LOL and it's going to $5 - $8 LOL
This will never ever reach those heights....ever..... Just look at the fundamentals , and do the math.
The only way this stock reaches and maintains anything close to and above $1 is through a reverse split.
After listening to DP yesterday. It sounds like he is going to need a lot of $$$$$$ to buy dispensaries,
and to complete all the LV build-outs.
On top of that he needs to continue to market ivxx and edible gardens, which is not cheap.
The only way he can accomplish this is through dilution!
He might as well just go dilution crazy , and buy up all he can. It's a license to print money! When its all said and done all you have to do is have a reverse split, and it kinda wipes the slate clean, and allows you to start over. It doesn't really effect DP. He has millions and millions of shares, and ...ah hell i can go on and on about what he can do...
Sickening! Just sickening.... down to .25 already.
Same ole story one step forward 2 steps backward.
If you can't beat them, might as well join them.
I will start to tell lies on here to pump the price up , and then unload all my shares and disappear when the ship goes down..lol
Sounds like " blue skies ahead" or "special vision" lol oh wait this is the best one $5 to $8 by end of 2016...lol
I know "Don't hate the player, hate the game" lol I will play the game now, as i do not believe this stock will do anything until it reverse splits and uplists.
Drew we didn't need a warning. This happens all the time. It's the same old cycle.
Today in particular was alittle more painful then the past ones.
On a positive note....there will be a time when it doesn't sell off 1/3 of its worth in 1 day.
It will keep moving.
That will prob be after we reverse split and uplist.
At least we have a higher bottom than.14
How do you figure that?
.42 --> .28 today
Maybe the power hour will make up ground?
If it does not, that is a sure sign of nothing groundbreaking coming at 4:30 today
I just do not see this staying steady in the .30's
what a sell off today.... almost like no other day in the history of trtc ( percentage wise)
we practically lost 1/3 of the stocks value.
I guess establishing a new bottom higher than .14 is good, and a positive spin.
AC how is this sooooooo funny and classic.... when it pumped and dump to extremes with dilution for the last year??? Your in denial if that hasnt happen
Thats awesome! Sometimes i wonder why i do not do the same.
I just sit back and wait ...holding... it's not easy
I don't think i have ever seen such high volume in the first 45 minutes of the day..lol
Scary
Anyone know whats the highest volume ever charted in 1 day for trtc?
Thank god the sell-off slowed down..lol yikes that was a hot mess
This will hit .17 cents
I hope all the flippers made some cash.
It don't matter to me ...i am long term holder.
I am sure i will see at least 8 more scenarios like this thru 2016
wow a true pump and dump at its criminal best.
Just wow! in the 20's already.
I would be mad, but its not like this hasn't happened like 10 times before.
I give the pumpers alot of credit...they got the wheel moving with all the to the moon talk, and actually made people alot of money.
This might get ugly.... i didnt think it would hit .20 'S again
WOW easy come easy go..lol i knew it would sell off abit...but wow!
I am assuming the news is not going to be great.
I agree there will always be dips...its just how stocks work. I hope that i am wrong, but i think a new bottom will be created end of day weds. My guess somewhere between .30 - .35 which is freaking great!
Then the same cycle will happen leading up to 4/20, and then a new bottom will be reached, but that one will be big. I mean come on guys....our first dispensary will be open!