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No choice they MUST dilute they have no cash.. how else they gonna pay the bills its dilute or file BK take your pick
you need to cut your loss otherwise your losses will continue to increase
11 am dump coming?? lets see if holds true to form
There is no buy point on this stock as they will be diluting continually too much risk for a 5% gain on a bounce
Dilution Death Sprial
see you at BK or reverse split
Cash is King
Its so simple NO CASH
TRTC will go BK or reverse split and drain longs even more
either way no one will make money unless your up and sell now
CASH is KING Period
who's ready for Red Wendesday
This is going to drop so fast now as we have selling along with put warrants see the volume picking up the last few days look for the 11am big dump as usual
I have but they don't turn around and sell it they retire it
Guess you never heard of insider trading
TRTC cannot trade their own stock.. come on man
American Greed..
Cash is King..
Who's ready for Red Tuesday
selling and put warrants..
Volume picking up now.. flying through the .2's to the .1's
todays buyers are alraedy trapped
PPS has been yelling for months where its going most not listening or choose to ignore it focusing on nonsense
Its over for this stock.. this will be under a dime as long as they continue to try and enter the MJ mkt.. nothing they do will matter.. they do not have the resources to compete in this space period..
Today’s buyers will be trapped tomorrow.. it will keep going down and not its coming back to these levels..
Dilution Death Spiral.. Its unavoidable
Cash is King
The PPS will do nothing if they get a license(s) .. the licenses are worth zero.
You'll see
TRTC will be under a dime License means nothing or them..
Read it and weep See you under a dime
Use of Proceeds
We used $226,840 of the proceeds received in the Debt Placement to repay an affiliate of Dominion for an outstanding loan. We have used and intend to use the remaining proceeds from the Debt Placement and from the exercise of the Warrants to execute our growth strategy, to aid in the commercial development of GrowOp Technology, Edible Garden, MediFarm, MediFarm I, and MediFarm II, and for general corporate purposes.
We have used a portion of the proceeds received in the Debt Placement for the permitting process and professional fees, including architects, engineers, attorneys, and lobbyists with respect to MediFarm, MediFarm I, and MediFarm II. Assuming MediFarm, MediFarm I, and MediFarm II receive all the necessary permits and licenses applied for, we anticipate we will need approximately $11 million for the commercial development of these subsidiaries. With respect to MediFarm, the estimated construction budget (for year one) and operation budget (for the first five years of operation) is approximately $500,000 for the dispensary facilities and approximately $5 million for the cultivation and production facility. With respect to MediFarm I’s dispensary facility, the estimated construction budget (for year one) and operation budget (for the first five years of operation) is approximately $500,000. With respect to MediFarm II’s cultivation and production facility, the estimated construction budget (for year one) and operation budget (for the first five years of operation) is approximately $5 million. Forever Green NV, LLC, a member of both MediFarm I and MediFarm II, has agreed to contribute approximately $500,000 in the form of debt to MediFarm I and approximately $750,000 in the form of debt to MediFarm II. We will be obligated to contribute the remaining amount, or approximately $9.75 million in the aggregate, for all three subsidiaries.
http://www.otcmarkets.com/edgar/GetFilingPdf?FilingID=10203255
TRTC Headed lower.. much lower
Cash is King ... No Cash No Business
TRTC has no cash therefore they have no business .. all they have is a business plan as far as MJ goes.
They do run EG which they neglect in favor of chasing MJ so EG loses money hand over fist.
Any long on this board can put together a business plan to enter the MJ market file all the paper work find a location etc etc.. but once you get the go ahead, do you have the cash to actually start the business. NO
It's common sense .. if you can't understand this simple premise, you will lose your money holding TRTC
Will be under a dime in no time
longs should try and get that job bash TRTC and get their money back $2 at a time..
Dilution Death Spiral Here its unavoidable
Hammer time can't touch this
they are giving away far to many shares the dilution is to great to overcome
how long is 3 mil going to last a year 2 years 3 years .. no a few months then they will need more cash you see the PPS now how many shares they gong to give this time for the same 3 mil that will only last a few months then they will do it again.. its a cycle that will not be broken.
Dillution Death Spiral due to lack of cash and free cash flow
its that simple
lol ok gltu..
A whole 3 mil huh wow.. EG profitable no way as long as they are rolling up the expenses of becoming a MJ company onto EG's books.
You are correct they are not worried about cash as they they will soon have your cash once you buy the shares they are giving away and are being sold
is it going to hit .19 today???
Its going to start going down faster
Cash is King
All you ned to know about DP is he was fired from his job.. shows he does not have much character he could of resigned but probably tried to play both sides.. he is robbing all longs as we speak
I failed but did learn how to trade.. lol
You can cut your loss or stick around for more of the same
Mr Accountant..
The drop in the PPS is going to accelerate look how fast it’s down to the mid .2’s
Thanks Maxxm for reposting my posts about the .2's on the way. so i did not nail the date..
Now you have nothing of mine to post..
Actually I think I said it will prob end up around a dime so I guess you will repost this each day until it gets there
So I guess all 2 mil registered users will have to visit NV and buy MJ from TRTC to the tune of $1,000.00
So I guess all 2 mil registered users will have to visit NV and buy MJ from TRTC to the tune of $1,000.00
You comparing apples to oranges
TRTC did not have a IPO like Amazon and TSLA those companies also have free cash flow and are not diluting for cash to keep the doors open
They have access to capital at resonable rates
Google how many med mj patients and you will see
Dominion also holds Put Warrants
Dominion is not losing any money period..
no they not they will never lose no matter the PPS thats why its toxic only the company can lose
Sorry Longs..
I guess longs still looking at potential TRTC and not the financials. The market does not pay up for potential GM’s of sports teams pay for potential The market pays up for earnings and future earnings.. Not REVENUE.. EARNINGS of which TRTC has none they have not earned 1 single penny
Stop overlooking the obvious. It is overvalued at these prices.. they have NO FREE CASH FLOW.. none all they have is the cash from Dominion which is going to run out very soon
its going back to dime along with all the otc MJ stocks it was a well orcastrated pump and dump on the entire penny MJ sector none of these penny MJ companies will exsist in a few years they will be BK or change the name and ticker
GLTU with that..
IMO I will see you lower than todays PPS on DEC 1
Buffet was not talking about penny stocks .. he never has and never will buy a penney not even with your money..
Dilution Death Spiral due to Lack of Cash by TRTC
Even I would buy at 0.00 you do realize they paid nothing ??????