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Check the last transaction date ,4/26 and all above 0.20's. you seem to have missed the low point. They haven't sold anything below 0.20's.
You seem to have missed the boat, sour grapes. There is still before it goes back to 0.27-0.30's, before the next stop to 0.60's
There are 40 mil visitors per year, avg 100k per day, of which people into recreational easy 40% , so approx 40k visitors might go for some form of recreational use.
Of those 40k users, probability of 8k recreational users visiting 4 of those Blum dispensary is almost 50%., so i would probably conservatively reduce your estimates by half.
Just wait for the official announcement about extension of the RF amendment., this will quickly go back to 0.27's
There are no more form 4's since 0.2375
Form 4's have stopped, looks like 0.191 is the new 52 week low. We start to go back up again tomorrow.
All the guys who are active on board have taken start positions today if not yesterday and are waiting for it to go further south to keep on avg down. This is one stock you will not regret avg down , cause once the bottom is established and it starts going up for the summer run, it will go beyond 0.75's
Those shares became available from March 31st. They were in Escrow, nearly 200 mil shares. But the conversion price for those were at 0.21, so I believe we are bottoming up.
All, I know is , this will be going back up in Summer.
Everything is good as far as NV is concerned. And TRTC is going to benefit the most.
http://www.rgj.com/story/news/marijuana/2017/04/25/nevada-senate-passes-marijuana-bills/306466001/
Based on the last form 4, 0.22 seems to be bottom. The amount of shares sold is just 91k, compared to 300-500k shares sold when it was at 0.25-0.27's
The whole sector is down and it is not just TRTC. Right now the fear of unknown is what is causing this downtrend.
We are a couple of days away from budget extension bill getting passed and also a single "Tweet" away from major upside if it comes from Uncle Sam that will allow status quo and state's rights.
This is excellent oppt. to load up, IMHO and 0.22's will be history come summer
The license cost and appreciation itself is 10 mil each, with the goodwill each dispensary is worth 15mil if they just sell that to someone to operate. They have two labs and two cultivation land and licenses they are working on now. Their asset value is more than 75mil, so I don't think it is overvalued.
comparing it to other tickers like KAY# who are in the same model, it is way undervalued. The revenue of TRTC v/s KAY# and their sharestruces and the potential in the mkts between Cali/Nevada v/s Oregon, and you will find TRTC is undervalued.
Reverse split is going to kill this stock, 1:50 or 1:300 with no guarantee of uplisting to Nasdaq. Its worth the wait for reverse split before jumping IMHO
Surna is headed to be become the next AMM# story, will be no 1 stock to run next upside with debt gone and realigned resources , finances and board. they have everything to be leader in Cannabis engineering
All this rhetoric is to negotiate on something else. AG knows they can't stop it, might as well use it in their interest.
Looks like Jeff has to give up his stance
https://www.merryjane.com/news/jeff-sessions-surprised-anti-cannabis-backlash
Do some DD, last time it was not passed for lack of 18 votes, this time there are lot more states and chances of it getting passed are guranteed.
Grab all the cheapies, cause once this amendment makes it through, it clears way for Adult use of marijuana
https://www.denverite.com/colorado-rep-jared-polis-plan-keep-recreational-medical-marijuana-safe-sessions-31771/
You forgot to add one where they have ability to acquire Experion Biotechnologies Inc.
https://www.accesswire.com/447552/Abattis-Executes-Memorandum-of-Agreement-to-Acquire-100-of-Experion-Biotechnologies-Inc
Thanks DD8 for posting it, it leaves all the speculation to rest.
Insiders have not been selling any shares unless they are required to, like in this case Tax to be paid.
This dip i will consider it as a buying opp., cause after july 1st, 0.25s will be history.
This one is going to to $1.50 in by July, just like SPRW# etc., it is way undervalued compared to any licensed MJ Canadian stock.
Massroots has just started its effort to increase there revenue.
Keys think that will increase there revenue 200-300% are
a> B2B integration platform - Whaxy
b> Going after other Markets other than California/Colorado
c> App being available on Google play
There user base is now comporable to Leafly and WeedMaps . There is clear distinction and Massroots provides a lot more value than Leafly/WeedMaps.
Aphria has excerised warrants early, and know whats coming in future
Competitors, Methods of Completion, Competitive Business Conditions
MassRoots competes with cannabis information platforms such as WeedMaps and Leafly. All of these services and MassRoots provide information on dispensary locations, strain information, and news relating to the cannabis industry. MassRoots’ primary competitive advantage is the social aspects of our platform – Users have profiles, build an online personality and preferences, and follow other Users with similar interests.
Network effects have come to dominate consumer habits, which can provide protection to networks such as MassRoots. For example, Google+ failed to obtain a dominant market share in desktop-based social networking because it wasn’t introduced until Facebook had already conquered the market. Similarly, when Facebook introduced Poke as a competitor to SnapChat in late 2012, it failed to overtake SnapChat due to the market dominance already achieved by SnapChat. Even if a well-financed competitor to MassRoots were to emerge, they would not only have to convince Users on why their platform is superior, but also get them to switch away from the network their friends are already using. Every User that MassRoots gains, every interaction that takes place on our network and every day that we grow, the barrier to entry to competitors becomes higher.
How can you be so sure, looking at there business plan Whaxy Platform looks quite promising for B2B advtg. Adding of Google Play at the same time is going to set this company for parabolic revenue recoginition in Q2 and ahead.
Long term convertible debt too is gone and with user base over 1 mil, compare it to others in the same business- Weedmaps, leafly, you will know it is undervalued.
The OS is more than 120 mil, the most it can go is $10 for 1.2 B mcap to be in category of GWP#..
It will take 3-5yrs before that can happen though. Its a long term investment IMHO
OS is more than 230 mil
As per the Form D, they have already sold shares worth $750k. Do does it mean the dilution is coming to end.
13. Offering and Sales Amounts
Total Offering Amount $ 770000 USD o Indefinite
Total Amount Sold $ 750000 USD
Total Remaining to be Sold $ 20000 USD o Indefinite
Clarification of Response (if Necessary)
The purchase price for the Secured Convertible Promissory Note is $750,000, computed as follows: $770,000 original principal balance, less an "original issue discount" of $15,000, less a $5,000 reimbursement of Investor's legal fees.
Yeah in 5 months , guess what more revenue , another 20 mil in Cash available from Sales
CASH ON HAND 9.75 mil
NO LONGER GOING CONCERN. CASH ON HAND 9.75 mil.
TWMJ# revenue $35 mil, stock price $8 , mcap 1.5 bil
TRTC revenue for 38-40 mil, mcap = 175 mil, stock price upside ?....
MYDX is known to run in the afternoon's , ...we now test 0.025..
We are builing new supports. This is definetly going to test 0.03 in next by tomorrow and may be 0.05 by end of week.
I remember in Nov it went from 0.03 to 0.05 in two trading days
Oregon went recreational on Oct 1st 2016, the 4th Qtr revenue are expected to a 75-100% lot more than 3rd Qtr. Year on Year revenue will be move 500%.
This one is just getting started for its 420 epic run
This company is highly undervalued as compared to the rest of the stocks in the same category AMM#, GRN# etc. and with the debt paid off, and new contract in hand, the only thing that's stopping this from going explosive upside is the INSIDER SELLING.
Until that STOPS, this will keep on moving side ways between .16's and .20's and once in while 0.25
too much PR by company, looks like they are trying to hard to keep the value, even though they have 400+ OS and and mcap of 120 mil and revenue of hardly 3-4 mil.
Tough sell, this one is going back to 0.10's in next 2 weeks.
Lets check by COB, Sell on news has already started. New guys are trapped, wait till it goes back to open and then tomorrow --- 0.20's...
Way overpriced for the revenue reported. Going down in next 10 mins back to 0.20's where it belongs
MCIG has announced these just to keep the stock from sliding futher. Management knows that the are over priced, with 340 mil OS and mcap of 80 mil, it just does no justify a company whos revenue is hardly couple of mil.
the stock is still overpriced and i a good entry point IMHO is around 0.10 to 0.12.
Between Sep when it was 0.04's and now 0.25, the revenue has not increased as much as the OS and mcap has. The pump is over, all MJ stocks are returning to December levels and waiting on next move by Sessions.
the run if at all comes through will be short and will get killed soon as overall sector is down.
The Q no were already announced and the current price has already taken that into account.
TRT# is OTCQX and has more than 27 mil in revenue, it is at 0.30's, and you want to give this one with 1/20th in revenue $2/-
OTCCQX will bring it further down, look at TRT#, ATTB#, when they got uplisted, the stock went down