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If TRTC declares 13 mil in revenue in 4th Qtr, this will hit $3/- in a week's time from this level.
Weak hands are out, will close green and ready for next leg up
NEXT STOP $2.25
That's what folks who didn't buy CVSI too thought when twice it went to $1.00 and went back to 0.30's, and guess what, when the company turned around and fundamental's became strong, it sent to $9/- and even today it is at $4.50
You have a choice to determine if $2 will hold or not
Looks like you are right, 1.70 is the next stop. might hit it today at 3:00 power hour
CVS# had a turned out profitable in 2018 and stock went to $9 from 30 cents, and is till at 4.50 to 5.00.
2019 is TRTC's year, and i expect a turnaround to profitabliity, this might even go to $10 by end of this year
My bad , it is 2016, so 3 yrs. I didn't say i was holding all this while, i made profits in each cycle.
BTW, check HLI#, with 4 mil rev went from 90 cents to $3.30 in 1 week time, it has probably similar float as TRTC.
TRTC is going to announce 45 to 50 mil in revenue , i am expecting min of $3.0.
History will repeat it self , it went from 9 cents to 60 cents in march 2015, so expecting a similar run from 60 cents to $3/-
Which is the other
There is a chance that Michael james and Michael Nahasss might have to step down as officers and Golden leaf folks would take over roles
what is there share structure.
the revenue does not justify the mcap. TRTC and GLDFF combined revenue is about 50 mil/yr and mcap of 180 mil.
With House Ruling Committee Chairman announcing that he would allow all the marijuana bills to be voted on the floor, this can gain about 2000% in next 3 - 6 months from these level's.
There is lot of upside than any more downside.
Please, i thought you would have explained it here.
I know Golden leaf had a good quarter, showed growth, much better than TRTC's Q3, but I am unable to understand why would they tie up with Terra Tech with a business that has failed to show any kind of growth in last 3 quarters even though the competitors in the same market has managed to show in double or triple digits.
I mean its very clear Golden leaf had much to loose compared to TRTC in this transaction
https://seekingalpha.com/article/4219244-terra-tech-acquire-golden-leaf-little-cheer
Can you please explain who MPX, GTI and Medmen which are operating in the same Nevada/Cal market managing to show growth of 100 to 200%, while TRTC is failing to show even single digit growth.
Looks like the 55 mil shares have become unrestricted. Will go back to 0.50 c, sell on news
What is the SS
There were 55 mil restricted stocks, when are they hitting the market
This has $1 written all over it, if it takes off as you mentioned. Monday with some insights into the how well it was received along with election results will create a catalyst that will 10 to 20 bagger from these level's
$1 coming by Jan 2019
$$$$$$$GO SIPC$$$$$$$$$
CFO could have got it listed in Canadian mkt instead and got bought deals at much higher price than $1.75. GTI, Medmen etc. did get financing at $5 or $10.
Why raise money at $1.75 when one could just list in Canadian exchange and raise $100 mil at 20 mil shares at $5/- bought deal, there is no worry of conversion etc.
TRTC has a dumb CEO and crooked CFO and hence decided against listing in Canadian markets.
GTI , Medmen etc. are smart folks , they operate in the same US markets - NV, CA etc. , but have listed in Canada.
Even MPX and Marapham are in same market and were truly Canadian companies, but TRTC does not have an excuse of not listing in Canada
Not sure why IAnthus decided to go with MPEX instead of TRTC. The mcap of MPEX is almost 600 mil and TRTC is hardly 150 mil.
Revenue of TRTC is twice of MPEX
The volume say's it all, some big news is on its way.
It is consolidating at 0.20's, before next leg up.
This is a low floater, with a volume of 200k shares hitting the ask, it will go beyond 0.35's
This will go ballistic this week, the guy from CNBC was brought in for a reason. GNAL is only something really big and i won't be surprised if it goes up like INQD.
Tomorrow it will test 52 week high of 0.45 cents and if that breaks up, the next stop .80
If it crosses 2 mil volume today, it can up to .45 (52 week high) tomorrow.
Look at IGC, went from 0.50 cents to $14/- just on Beverage tie up news.
AlamoCBD might also get into Beverage business look like non alcoholic CBD infused beverages. A low floater like this will fly to $5 easily if it breaks 0.45 cents
i think big news is coming, had a feeling they will do something about AlamoCBD.
compare this one with Planet 13 which has only two operational dispensaries and 3 mil in revenue and mcap of 140 mil and another 100 mil in restricted share, so almost 250 mil in mcap.
TRTC is 10 times in revenue and only 50% in OS compared to Planet 13.
TRTC is way undervalued..
TRTC needs to uplist in Canada, and then it will go up 500-900% just like GTBIF or Medmen etc.
Raising money is US when all others' operating in the same market and raising money in Canada is what is the difference
Yesterday Medmen raised PP of 75 mil and today buys properties in Florida for 53 mil.
I am not sure why TRTC didn't do that and raise 100 mil as a bought deals like many other Canadian listed counter parts having dispensary/cultivation in US.
S-3 at this price level's was not required unless a huge deal is coming through next week.
Wrong , Notes don't mature until 2020. Note holder's have a chance to convert anytime they want, but doesn't seem like they are converting at these prices.
Insider buying shares at these level shows that Note holders are not interested in converting at these level's
Looks like the note holder won't get converted at these prices and the share is bound to pick up.
TRTC will go 10x if they announce they are raising finance from Canadian partner or something and cancel the 5 mil/Qty (remaining 25 mil) credit line
Are you selling any CBD through AlamoCBD? or it is just a shell company.
The website alamocbd.com is not working either
Do you know what happened to Alamo CBD, nothing about it was mentioned in the shareholder letter.
Also any new developments on the Texas compassionate care act licensing that INQD was expecting and lobbying for?
This stock has lost its popularity. Too many mistakes and people don't forget them easily. Very bad execution of their plan.
Look at MPXE#, they too are in Nevada, similar business, their revenue has grown 70%+
This stock will go up if they announce Secured Promissory Notes instead of Convertible notes. The remaining 25 of 40 mil which is yet to used for growth can be negotiated to a little higher interest rate of 12% instead of 8% and use a Promissory notes.
Most of the companies that want to have growth and also not impact their shareholder value take this route
SRN# does private placements, ITHU# etc. also have done PP. There are many fixed conversion price financing available. The fact that CFO resorts to CD even though other's in the same sector are able to get better terms shows the commitment of the CEO to its shareholders.
This stock is a 10 or 20 bagger if they focus more on profitability and little less on growth. Growth at the cost of diluting existing shareholders and raising financing when the share price is at 1.78 v's when PPS is at $6/- will have a totally different impact on the OS.
if they show growth and gross + income , that will kick off the share price to a point where they can raise capital at a much favorable terms.
that's not an excuse to make decisions that are favorable to the shareholders and will also help them raise money and much higher rate.
The dilution at $1.75 for 5 mil is much more than $6.00 for the same 5 mil.
Just the fact that DP is not going to Canada to raise money even though all the other companies are touching the plant and raising money in Canada, itself shows the reluctance to do anything good for the shareholders or longs.
GTBI#, MPXE#, Medmen# etc. are of similar revenue range and having much more mcap and are able to raise money at fixed terms.
CFO is to blame for all the schemes for insider enrichment.
Look at NRTI
This company has upside of 10X to 20X if the CFO is let go and they raise money in Canada
Well TRTC lacks fundamentals and their existing CFO has tainted history. So just DP's charm is not going to work. He needs to get rid of CFO and show some true revenue growth and profitability.
5% chance of the above happening in near future
Or
Wait for Sector catalyst
Session gets fired - 5% chance
Nov election - 75% chance it will go up
Dem get house - 95% chance it will start going up
DEA reschedules CBD - 50% chance it will go up