Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.
Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.
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
TRTC will go up only if Session get's fired or Michael James gets fired from TRTC
Absolutely, however , people who buy stuff goes by the reviews, and I believe not being in top 10 or 20 or even 30 speaks for itself.
That's what gives suspicion if the revenue claimed is what has been generated from real sale of products or just booked when products were shipped to retailer's
Well I don't see their "CBDPlus" in the top 10 CBD oils list
https://ministryofhemp.com/blog/best-cbd-oil-tinctures-2018/
Other brands - DiamondCBD, RoyalCBD, or Canibola Extracts have revenues few thousands per quarter and how come CVSI is selling in millions.
May be they are booking revenue when the products are stored as inventory at different retailers as compared to when the inventory gets actually sold.
Something is not adding up IMHO. I don't know if these are audited revenue.
Can you explain why CVSI deliberately missed filing 8-k or included it in 10-Q that came in after their patent was rejected.
Can Nasdaq reject their uplisting application for misreprentation
I am going to wait for 0.20's or may be even less if I know what Citron can do to a stock
Patent rejected information missing from 10-Q as well as 8-k
It is a serious case of mis-representation and hiding of facts.
This will allow lawsuits and actions from SEC
If this just had additional mil in revenue and also in backlog, this would have been already at 0.50 cents by now.
Management needs to realize that they are loosing in this sector due to execution.
IAnthus and MPX , etc. too have raised fixed price loans. The TRTC CFO has questionable past. That is not going away and will hurt the credibility of this company.
TRTC with all the shares diluted (40-15 mil) , assuming 25 mil taken more added to the float will be 100 mil shares. It is still undervalued compared to LHSI#, MPXE#, ITHU# , GTBI#, MMNF# etc.
Michale James need to get fired. I lost money in NRT#
Can TRTC take fixed loans instead of Covertible notes.
KSH#, Medmen, Gtbif all are able to raise money on fixed price conversions.
I think it is in shareholders interest to give more interest of 12% than 8% and get fixed price notes which convert at a fixed prices.
Also how come medmen increase revenue 120% in the same market as TRTC.
This one is like "Fitbit", everyone can afford to buy it as a cool gadget. I see this being bought mostly in all legalized states and in Canada and exponential revenue growth.
How many have pre-ordered ecosmartpen.
Even if 5 to 10k pieces are sold at $90/- a piece per month, we are looking at 1.5 to 3 mil in revenue if they get released by end of Aug.
1.8 mil is restricted
Looks like they are close to getting the MMPR for Gaborial farms, if that's the case, this will go to 0.50 in 2 trading days
It could be marijuana or Hemp, either way, EG needs to come out of super lettuce/basil etc. Waiting on Farming bill to get approved.
Basil/Oregano getting replaced with Hemp? - TRTC considering growing Hemp and extract CBD when it get's legalized in Sept Farm Bill
3.75 mil shares are going to market as per the latest 8-k
Can somebody provide any DD or talking points on ATTBF and possible revenue stream and where they are with it.
Raybot Extraction
Northen vine labs
Xlabs
CannaNummus
BlockStrain
CBD water
CBD Beer & Wine
NPN - Soothe, Comfort - Hemp drinks
Vitagum
Any other crap that they have managed to fool the investor's with.
Has any of above mentioned revenue stream ever took off and if so what is the current revenue and potential revenue.
Looks like the wait is about to get over
https://www.marijuanamoment.net/uk-gets-one-step-closer-to-medical-marijuana-legalization/
Not necessary provided they have already sold it. Last I got to know from one of their manager's of blum location is that they sold most of their inventory and were way ahead of curve compared to their competitors in being complaint.
its an amendment
1 mil/15 = 66666.67
So total is 50000 + 66666.67 = 116667
It will be around 1 to 1.5 mil , mostly buy's,
PPS close price 2.35 to 2.40.
They offer short on most of the OTC tickers
Dude, i have read it, and am comparing TRTC to the rest and have concluded it is way undervalued at these prices.
GTI# that just listed in Canada has just 2.5 mil more revenue than TRTC and has more than 11 mil OS and it is training in double digit dollar's
This will be at the least half of that in a month from now. they have applied for licenses in WeHO in all the categories and only 8 per category will get awarded.
Just imagine how much of a big deal it is to get that license in the first place.
The 40 mil CN is 5 mil/Qty for 2 yrs, so the dilution get's easily absorbed.
Rumour is that TRTC might go to Canadian mkt too just like Tilray , GTI, Medmen etc. to increase the shareholder value.
I don't know if you realize that TRTC is 4th in the list of top Revenue generating companies in US.
https://www.newcannabisventures.com/cannabis-company-revenue-ranking/
Cannabis is at a Tipping point and with every passing day there has been a coverage on it.
New investor's are looking to diversify their investments and are looking at TRTC which has biggest foot print in the top markets CA, NV and NJ
https://www.cbsnews.com/news/holyoke-massachusetts-is-ready-to-welcome-the-marijuana-industry-with-open-arms/
This is the bottom and as soon as WeHo is announced, the rocket will get launched.
KSB# CEO just dumped 200k shares, and TRTC CEO/Director bought more than 68k shares, so that speaks for itself.
The daily chart from Friday showed reversal and was great chart to follow with upward sea saw pattern. Don't be surprised if some new's hit on Monday and starts the bullish trend for TRTC.
This will be 2.40 to 2.50 today and will go back at stay at low 3.00 all of next week until the news of WeHo
I believe the decision on WeHo was in 30-45 days since they submitted. I think the news might come next week or week after. It will take this to $5/- just on that license being granted.
I mean if Medmen, GTI can uplist in Canada, why can't TRTC do it, they can easily pay off the 40 mil CN that they have for 2 yr's by just uplisting in Canadian exchange.
It will provide true valuation in comparison's with its Canadian counter parts
Why is TRTC not listing itself in Canadian boards. Even if the US Govt is not supporting, folks in Canada will compare it with Canopy and give atleast 1/3 of its valuation to TRTC. It can easily go to $6-8 on listing in Canadian boards
Looking like some big news is pending. CEO has exercised warrants which are locked for period of 4 months and 1 day, so i expect big from between now and Sep.
Everyone wants to cash in on the Canadian run that's due, including the CEO.
Always take profit along the way.
The high it can go to is $10/-
Looks like that's the only way company can now generate revenue, by selling (PP) at higher price and buying from management at lower...
This company had difficulty in executing projects, and growing. What keeps you holding it and expecting the new management can turn things around from 0.16s to $5
In that case you admit that selling now at 0.128 is what they thought was the fair value at this point. and may be sell ahead whenever (and if) conpany is able to turn around and show growth.
Then why pay .20's, when its true value is somewhere between 0.128 and 0.16 (PP price)