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State of California has 572,000 certified Medical Marijuana Patients. If each of those patients bought one gram of concentrate from IVXX for 40.00 a gram that one purchase would generate closed to 23 million dollars in YEARLY revenue for TRTC.
One gram purchase for the entire year is worth 23 million in revenue for IVXX.
Insolvent...I don't think so.......
Enjoy the ride........
This is my last post for the day but well worth it. Nevada will cost over 7 million dollars to reach 10,000 patients state wide. But IVXX is currently selling Medical Marijuana up and down the coast of California at a cost of a extractor, couple of employee's and the cost of product and packaging... cant be more that 500k. And IVXX customer base in 570,000 patients. IVXX is not restricted by one dispensary. They are in BlumOak, The Green Door SF and one unknown dispensary in L.A. If each patient tries oNE GRam of concentrate at 40.00 thats almost 23 million dollars.....
Enjoy the ride......Talk again tomorrow
Didnt mean to confuse the issue, Since there is many companies supplying MJ......all I would like to see is another Public Company trading that supplies Marijuana products in the USA...... Where I live. I couldnt find any but one in oregon and it has suspended trading.
NOw your thoughts make more sense to me . For a while that i was FIT X to be tyed...
Please share (PM) another public company selling Marijuana Products in the USA today.
I see your point. Well said and understood.
Are we really concerned over the number of shares or the dilution. Lets crunch some numbers.
There is 572,000 Medical Marijuana patients in California alone.
If I was a patient in California and heard of TRTC I think I would like to buy 1,000 shares at .18 cent.... which means that would cost 180.00 dollars .
If each patient spent 180.00 on TRTC Stock the company would need
635 MILLION shares to cover...... That is twice the number of Outstanding shares.....
Folks there is no dilution , the only thing thing present is fear and the lack of knowledge by the general public on what medical marijuana is and what it can do for one's health.
Enjoy the ride.......
Did you look at who wrote that article. Mason Godric is the founder and creative writer and has a fb page where he supports Creative Edge Nutrition company that has close to 5 billion shares outstanding. Talk about being insolvent.....
ITs been over 24 hrs and still there is no other public company selling Marijuana concentrates in the STate of Ca other than TRTC. So why bash a stock that is first to serve the public.
I agree CBD I will be happy to lose all my money on TRTC if it means ONE CHILD can have a normal life without seizures..
TRTC is trying to bring to the public a health care product and initial cost will depress the share price, but that does not mean the business plan is flawed. I feel confortable supporting the companies efforts to help people and those that feel its important to bash the stock daily might feel differently down the road if any of the following issues may hit close to home.
Marijuana use can be used to treat and prevent the eye disease glaucoma, which increases pressure in the eyeball, damaging the optic nerve and causing loss of vision
January 2012, marijuana does not impair lung function and can even increase lung capacity.
It can help control epileptic seizures
It also decreases the symptoms of a severe seizure disorder known as Dravet's Syndrome.
A chemical found in marijuana stops cancer from spreading.
Medical marijuana users claim the drug helps relieve pain and suppress nausea — the two main reasons it's often used to relieve the side effects of chemotherapy.
The drug eases the pain of multiple sclerosis.
It lessens side effects from treating hepatitis C and increases treatment effectiveness.
Marijuana treats inflammatory bowel diseases.
Marijuana alleviates pain, reduces inflammation, and promotes sleep, which may help relieve pain and discomfort for people with rheumatoid arthritis, researchers announced in 2011.??
A study published in the American Journal Of Medicine on April 15 of last year suggested that pot smokers are skinnier than the average person and have healthier metabolism and reaction to sugars, even though they do end up eating more calories because of the munchies.
It improves the symptoms of Lupus, an autoimmune disorder.
Crohn's disease is an inflammatory bowel disorder that causes pain, vomiting, diarrhea, weight loss, and more. But a recent study in Israel showed that smoking a joint significantly reduced Crohn's disease symptoms in 10 out of 11 patients, and caused a complete remission of the disease in five of those patients.
Pot soothes tremors for people with Parkinson's disease.
Marijuana helps veterans suffering from PTSD.
Marijuana protects the brain after a stroke.
It can help eliminate nightmares.
Marijuana can help people trying to cut back on drinking.
http://www.businessinsider.com/health-benefits-of-medical-marijuana-2014-4
An estimated 5.2 million Americans have Alzheimer's disease in 2014.
Scientists have found that an ingredient in marijuana can restore the memory of mice with Alzheimer’s disease back to normal levels
What happens to TRTC when they produce a similar generic product in California....
Enjoy the ride
http://www.alz.org/alzheimers_disease_facts_and_figures.asp
http://www.leafscience.com/2014/03/05/marijuana-ingredient-may-cure-alzheimers-study-suggests/
Hang on to em Sleek, I wouldnt be surprised on April 20th 2016 DP will do a split for all shareholders of record as of April 20th 2015. By June 1st we will be at a dollar and Hedge funds will have eaten all the cheap shares by Oct 1st 2015. LEts just keep this between u and me... Enjoy the ride.
The world doesnt know what we know.... but they will on April 20, which will be TRTC 's birthday......
What would happen to the Outstanding shares of 350 million if just the documented medical marijuana patients in California alone (572,000) each decided to to buy 611 shares at .18 cents.
Dilution ......... lol......... Enjoy the ride..
We are about to PRODUCE some more WONDERful Shatter isn't it GREat88. Makes your hardhat turn RED....... https://www.facebook.com/terratechcorp/photos/a.728113567239958.1073741826.284907041560615/914910548560258/?type=1&theater
You are 100% correct and I have a source on the ground that will take pictures as they build the cultivation Complex. DP has said as time goes on more and more people will learn sunshine is better. I would not be surprised if he build the first retractable roofed green house and still maintain the security of the building. I would not be concerned with the distractions. Clark County already has given a variance that buildings do NOT have to stand alone. I fully expect more variances to come as acceptance of Medical Marijuana becomes legal by Federal Statute.
Enjoy the ride.
http://www.washingtonpost.com/blogs/govbeat/wp/2015/03/10/sens-booker-gillibrand-and-paul-unveil-federal-medical-marijuana-bill/
I only have a few more posts and I hate to repeat myself for for the benefit of new investors back in Apr of 2014 DP the CEO stated that he will make BlumOak part of his public company. That is why Mike Nahass has secured website like Blumlv.com for every Major city in the United States like Manhattan, Miami, Houston, San Deigo, etc
I will give the link and even paste DP's quote.
http://www.benzinga.com/markets/commodities/14/04/4437468/from-wall-street-to-green-street-terra-tech-ceo-derek-peterson
“[Blum] gives us an umbrella to do a lot of things privately in California, while sheltering the company, but positioning it to participate at arms length…a While it [the medical marijuana permit] is not in the public company, it can be and will be in the future.”
Read more: http://www.benzinga.com/markets/commodities/14/04/4437468/from-wall-street-to-green-street-terra-tech-ceo-derek-peterson#ixzz3UZX3rSYW
I always support my positions with links...... I wish everyone did.
Enjoy the ride
Why does this website say Blum Las Vegas and at the bottom says to contact Terra TEch Corp.
Enjoy the ride
http://www.blumlv.com/
Then why are they naming the Las Vegas dispensary Blumlv.com
Well , its been FOUR hours and no one has supplied me with an alternative to TRTC that is a publicly traded company selling Marijuana Products in the state of California (572,000 customers)
or the entire USA.
Enjoy the ride......When Privateer holdings figures this out...Parabolic rise in share price will occur while we sleep.
Enjoy the ride.
SEC is the only entity that can sanction TRTC and they have blessed them and in fact uplisted them in the past 12 month. All one has to do is see three separate websites to see the future.
www.ivxx.com
www.terratechcorp.com
www.blumlv.com
www.blummahattan.com This one is a teaser.......
Enjoy the ride..
I have an alternative. Good Luck to all....
Don't forget TRTC is now three companies, IVXX, Blum and Edible GARdens. When they do the spin off of IVXX and give out free shares for those TRTC shareholders of record say March 25th.... All those after March 25th will have to pay retail...IPO price...
I have owned several stocks that changed symbols and they did not stop trading , all they did was start the day with a new symbol.
WEll, its been 30 minutes and I am happy to report that TRTC is the only public company selling Medical Marijuana in the United States. I have asked this question on all threads and received only one message about a small company in Oregon that currently has had all its websites suspended and it no longer trades on the stock market.
Enjoy the ride folks... We are the Lewis and Clark of Medical Marijuana Publicly traded Companies....
Have fun crunching potential revenue for ONE Public company n Californea versus 572,000 current customers......
Sleek we need a bigger truck...........
All websites associated with this company have been shut down and its not trading anymore....... what happened Monesthind.
Sometimes it true , You can't see the forest for the trees. There is alot of debate over Nevada operations and such high expections as it is believed thousands will sign up, but no is is talking about the fact that with little or no overhead, TRTC is currently selling Medical Marijuana in the STate of CAlifornia that has 572,000 patients and it is believed the true number of adults using medical marijuana is over a million strong. Just look at Bhang Choc Company and you can see where IVXX is headed.
Enjoy the ride.
I just checked the Marijuana Index and am having a difficult time finding another company that is selling Medical Marijuana such as wax, shatter in dispensaries IN the United STates other than TRTC.
I will include the link and feel free to PM what you find.
http://marijuanaindex.com/index-us-reporting/
Last post of the day............ please read this part again
Perhaps one of the most crucial elements of the CARERS Act is that it gives medical marijuana states the right to disconnect from the Controlled Substances Act, no longer making the “production, possession, distribution, dispensation, administration, laboratory testing or delivery of medical marihuana,” illegal in the eyes of the federal government. Under this provision, the Drug Enforcement Administration would cease to have jurisdiction over state medical marijuana businesses and its patients.
The day after this goes in effect......
TRTC shareholders can retire!!!
Enjoy the ride..........
It is whats called a bridge loan.... a temp fix till other financing is in place. Enjoy the ride.
You have stumbled upon the golden goose that is about to lay the golden egg. IVXX just started in december creating a branded medical marijuana product that is at the heart of the business. They have been creating strains, blends etc and sending them to labs for independent tests (SteepHILL). As of just 72 hrs ago they have decided to package and sell their first products thru Blumoak and there brand is IVXX Elevate. In those 72 hours a dispensary in San Fran placed an oder as well as a company in southern California near L.A. Its call a soft launch....and on March 25th, (ten days from now) they will open the doors to their website www.ivxx.com Then on April 20th the Offical grandopening will occur and CNBC who already did the filming will publish same... What I am trying to say is you have found a public company that is 40 days away for world wide exposure and your risk is less than a quarter a share. YEs you could lose it all....... thats your choice... but I challenge anyone to find another public company doing the same thing in California.
Enjoy the ride.
Edible GArdens is a fantastic story in itself but it was started as just a means to offset costs till Marijuana part kicked in. IMHO, the real story is IVXX and it has a partnership already with cultivators in California so it really doesnt need Edible Gardens any further. California has over half the entire Medical Marijuana population for the USA. IVXX Will be huge in a matter of months and I project it will be spun off as an IPO. Blum dispensaries in NEvada and beyond need TRTC for cultivation and production. But Long term, shareholder of today are holding THREE companies for the price of less than a quarter...... Enjoy the ride.
TRTC fb page is an excellent source of information and they interact with questions.
I hope so as posters being compensated by third parties have to disclose same for face sanctions.
They do have revenue form their edible gardens business...... but that is not what the priority is for this business... IN fact they will taken in app 7 million from edible gardens in 2014 and probably hit 10 million in 2015 but edible gardens will bloom when FEderal law changes about marijuana.... long term edible gardens will grown marijuana in their five acre green houses.... If you are looking at TRTC just imagine looking at McDonalds going public with one store and selling a hamburger at .15cents...
I am sure by 4/20/15 DP will have been interviewed already by Ralston,Fox, Bloomberg, and Cramer !!!!!!!as March 25th will an exciting day !!!!
CNBC interview scheduled for April 20, 2015....... "420" "IVXX" duh!
Revenue will begin on March 25th ref Medical Marijuana sales. This is a speculative purchase where the customer base is over 500,000 and TRTC is the only public company in California.
Risk a quarter ???
Lets look at this from a customer base angle. There is currently just over 1 million medical marijuana patients in the entire United States and 572,000 are located in the STate Of California. TRTC is producing Medical Marijuana that will distributed to dispensaries all across the State, not just one dispensary. Like I said before the operation in Nevada with only 10,000 patients will take time to yield substantial revenue coupled with costs build etc.
But in California IVXX is up and running folks. NO multi million dollar construction costs, etc....... WE have a customer base of one half of million patients. Ignore the distractors and hang on cause April 20th 2015 will be historic...............