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Thanks for your reply. Let me clarify that I don't know anything about the motivation of other posters, as I'm new here. I don't want to manipulate to get this thing down either.
I'm just looking at this story from a business perspective. The thing is I don't see the green houses in the balance sheet. To me it seems like TRTC is in fact just trading herbs at the moment, which costs more than the revenue that's being generated. That could make sense to build the EG brand, but that's not what investors are interested in.
That's why I'm wondering if it would not be better for the shareholders if the company would just prepare for this MJ thing without spending the money of investors on building a brand that they are not interested in.
Just think about it. If they don't spend your money on trading herbs they will be more powerful once MJ takes off.
For my own DD I've often compared NRTI to MuslePharm, to get an idea of where we could be going. The latter company has just published a revenue of 110M in 2013, coming from 3M in 2010.
Gross margin is comparable, which is good.
As NRTI will likely beat 3M in 2014, one gets an idea of where we could be in 2017. That's still without MJ.
ok thanks. I'm just looking at the figures to analyse if i would invest. As I see it my money would only be burnt to grow herbs, which doesn't bring the company any closer to its goal to become a MJ player$.
I'm invested in NRTI, that's how I came to look at TRTC. I think the company has a great CEO with a great story but I don't see the point of investing now as all the money that's brought in is burnt on an activity that looses money and doesn't make sense.
By the way, does anyone know where the geen houses itself are in the 10K. The property and equipment of the company is only valued at 21K.
You could also ask the CEO to stop this edible garden thing and just leave the greenhouses empty until MJ can be grown. Last 10K shows this would be very benificial to the shareholders.
The combination of edible garden and future MJ is a great story but from a business perspective it's just a waste of money.
CN, do you think we could get announcements concerning MJ-related products before 15th of May. This would be very benificial for the momentum of this stock, I think
Only time will tell. Good luck all (and be careful with your money)
Thanks for the warning, but don't worry, I know how to calculate gross margin (;
That's the multimillion dollar question indeed.
The problem could be that if MJ gains general acceptance, growing it will become just farming, with poor margins just like with all the other herbs.
If it remains a niche it will always be hard to compete with home growing.
The one thing people here should really think about imo is that much of the hype around MJ companies is based on the advantage they would have in timing. That doesn't make much sense to me, cause everybody with enough money can set up a green house and start growing in a real short period of time. So if MJ catches on, and it probably will, competition will be fierce, which is again a bad thing for profit margins.
I see more in MJ-related products because of the added value, but I must admit I'm quite an old-fashioned investor (;
Fair point, but I don't see many ways to improve margin, and it's still extremely low
I'm not smart and I don't have money (that's a joke) but I can tell you what i don't like about TRTC.
The problem is their earning don't mean much to an investor. In retail, when you offer a lower price than competition for the same product, you are choosen as supplier. In this regard they could easily have made 4M earnings if they wanted to. They just would have to buy more herbs, label it, deliver it at a lower price than competition.
The problem is that there is little profit margin and not many ways to improve margin. And margin is what's needed in the end to return value to shareholders.
If you compare to NRTI, they can distinguish themselves with their products and they have shown much better margins. The stock is down also today, but it has much more solid base to recover.
Just my opinion
By now they should be delivering their protein shake to Muscle Maker Grill, which could easily be worth a few millons in turnover this year. Outlook looks good imo
They can easily be calculated - looks like the company had good reason not to mention them explicitly (;
We didn't get our extra million in sales, but I'm actually quite impressed with what this company achieved in the last quarter. The balance sheet improved, margins got better and they built a solid base for future growth.
I'm already looking forward to the next financial statement which is gonna look great. Add the exposure from the coming launch of MJ-related products and it's clear to me this is still one of the best investment opportunities for 2014.
The wind bloweth where it listeth, and thou hearest the sound thereof, but canst not tell whence it cometh, and whither it goeth
Only to say that I remember someone saying last Friday "next leg up Monday to .40's"
Have a nice weekend all - we've got an exciting week ahead of us
Seeing some green is nice in these turbulent times. Getting some reading material for the weekend would even be nicer
I would also love to see a split up in product lines. In the end it will come down to the question if they can manage to get one of those brands flying high.
I think if one of the product lines, apart from MSE, has been selling exceptionally well, they might mention it as it would be an incredible achievement. But it will probably take some more time to build those brands.
By the way, I don't really appreciate that they are already referring to those product lines as "leading brands" in their PR's, but that could be just an American way of expression. I can't judge that, but it sounds a bit premature to me.
If they added 1M to the deferred revenue in Q4, I run to the fridge for a bottle of champagne!
Never before i've been so eagerly waiting for a company's next statement. NRTI sold 1.4M of product to retail in Q3 (which means first replenishments have possibly already been done in Q4) and they have added different retail channels in Q4, which means more first shipments have been done.
Whats more, comparison of deferred revenue and deferred cost of goods sold in 13Q3 show a very healthy gross margin.
We could be in for a really nice surprise when they will finally put their cards on the table in the next few days.
I totaly agree. I hope it makes some people here realise that they should always take statements from this company with caution. It was firmly stated that the 10K would come early. Well, it did not.
On the other hand, i think we might be in for some pleasant surprise. I can't imagine why the management otherwise would take the unnecessary risk to annoy investors by keeping them uninformed of what's really going on.
Wait for CN to reply pls - he's the dilution expert (;
With products like MSE generating cash, they will probably not have any need for issuing shares anytime soon
Great move!
(I hated you when you talked earlier about going back to 0.15 but now i'm okay again lol)
When I bought NRTI back in december, the most likely scenario to me was that the company would be sold at a large bonus in a couple of years, as soon as it would have been able to establish a brand. Bikini Ready seemed like the most likely brand to me in that regard.
Now the MJ story has brought some other perspective. It could well be that a company like Pfizer will be interested in NRTI as soon as MJ-related products gain broad acceptance, if the company can build an advantage through quality products.
In that regard every news we had so far is going in the right direction.
I'm really in this for the long term and expect these shares to be worth a few dollars when they're traded for some bigger company.
It looks to me that the SP has been going down because some green rushers have been selling to have money to chase after other MJ stocks. It doesn't bother me cause without these people we would not have seen 0.30 already. And they'll be back as soon as MJ-related product development is announced.
There are no real expectations as this is more or less first 10K of a reinvented company. Those who expect to see a large turnover already, are not realistic. In my opinion it's more about getting an idea of what the targets for 2014 could be. For the first time we'll be able to do some real DD and calculate a value for this beauty. This should easily be 0.3 - probably a lot more - even without the opportunities in MJ
Getting impatient for the figures to learn more about the deals that have been announced, profit margins, etc. Bottom line will probably be far from impressive at this stage, but we might be in for a nice surprise if we learn more about Q4 sales
An interesting question is who will have the largest margins in the MJ supply chain. That's why I was not so happy to read about the TRTC extraction, cause it's some added value in the chain that should have belonged to NRTI (extraction is one of their core competences).
In the future it could well be that NRTI is having the largest share in profits on medical MJ products. The growing itself will become just farming in the end IMO, with a high cost structure and little margins.
Tell the greens NRTI is the place to be (;
Same for me - i added 80K shares last week, at .27 and .28
I've decided to sell them at .57 and .58 (;
It's my way of doing DD - asking myself these questions, looking for the answer and not taking anything for granted.
But don't worry about me. I'm long on this company, added more only last week, never sold any yet. All's gonna be good
You're absolutely right. I've been reading some forums about green stocks, and we've seen them here as well: people who jump from one stock to another with a few hundred dollars, chasing the one who is shouting the loudest. I just hope they're not spending money they can't afford to loose
Talking about dilution: let's hope they're not gonna pay their high-profile scientific board with too many shares
Looks like lots of green rushers turned in NRTI for TRTC. I feel sorry for those who took a loss here yesterday and today, cause this company has everything in place for some sustainable growth in the coming months. I'm long and very confident about the future
What to think about today's PR? I would have thought the extraction would be NRTI's side of the deal
I think some guys here need to review the supplements they are taking
Completely agreed. On the other hand there is no denying that it's those green rushers who brought the NRTI stock price to the level where it is now. And to be completely honest: I'm counting on the same guys to drive it much further, even beyond reasonable level (;
So let 'm SHOUT AS MUCH as they LIKE.
I won't laugh. These kind of trips are called DD here lol
nice, thanks - i'm very curious to find in their next statement how many orders they've been able to add to their (deferred) revenue
lol, good luck
oops, did i miss the pr yesterday?
Another PR this morning - fasten your seat belts...
Fair enough - it could take 10 more days to see the statement. The only thing is that the risk of being left behind increases every day now.
I added 80K shares yesterday. The company can publish financial statement any time now. If it comes with a PR about increased sales, the .20 and .30 region will be a thing of the past in just a matter of minutes imo