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indeed indeed indeed
Keep in mind they don't have to build them all out at once. They can get the cult. in LV and a disp. going first which can help fund the others. They possibly might even be able to use a few of their trailers to grow. Would depend on how the laws are worded. With state approval in hand, a working cult./prod. site and a disp. along with EG and COVP and all the other positives investors will be fighting each other for a piece.
Never underestimate the greed of others.
Wrong again, there are 364.242199 other days in the year.
why not the first?
moreover, i also think the state, county, city and people of NV know that trtc got a raw deal the first time around with that last minute assault to the commission and their not going to let it happen again. imo 6 or 7 of the licenses are has "in the bag" as "in the bag" can be.
Nice to see people who can see the much larger picture of what is going on. This is much larger than just mj or just money. It's about creating a better, healthier, sustainable and earth friendly way of life for everyone.
I will give you your 2nd member mark.
The only thing I'm scarred of concerning my trtc investment is the amount of taxes I'll have to pay in a few years when I take a little profit.
you have to risk it to get the biscuit.
Interactive map showing all the proposed locations in LV
http://www.reviewjournal.com/pot-map
keep in mind they want the disp. spread out across the city and not bunched up together in one section of town. This narrows down the competition a bit. For instance, their not going to approve 3 or 4 disp on the South side and Zero disp. on the North side. They will approve 1 or 2 in each section of town; thus, the real competition is the other facilities in the immediate area of ours.
I don't know blakedog by the time the state, county and city govs are done I bet the sum total will be closer to the 50 than the 5. There is also fees for the size of the facilities. I don't have the #'s in front of me but it is so much $ for the first 5 or 10k sqft and additional $ for every 5 or 10k sqft after that.
The regs are worth a look at to...
On p.8 of the press packet under Reference URLs there are 3 links that deserve a once over. I did a copy/paste of a section of the regs applicable Fee's and provided a link to the doc.
The Medical Marijuana Regulations:
http://www.health.nv.gov/MedicalMarijuana/R004
-
14A_AdoptRegulations.pdf
Sec. 49.
1. Except as otherwise provided in su
bsection 2 of NRS 453A.344, the Division
will charge and collect the following fees:
For the initial issuance of a medical
marijuana establishment registration
certificate for a medical marijuana dispensary ....................................................$30,000
For the renewal of a medical marijuana
establishment registration certificate
for a medical marijuana dispensary .........................................................................5,000
For the initial issuance of a medical
marijuana establishment registration
certificate for a culti
vation facility ............................................................................3,000
For the renewal of a medical marijuana
establishment registration certificate
for a cultivation facility .............................................................................................1,000
For the initial issuance of a medical
marijuana establishment registration
certificate for a facility for the prod
uction of edible marijuana products or
marijuana-infused products ......................................................................................3,000
For the renewal of a medical marijuana
establishment registration certificate
for a facility for the production of ed
ible marijuana products or marijuana-
infused products .........................................................................................................1,000
--33--
Adopted Regulation R004-14
For the initial issuance of a medical ma
rijuana establishment agent registration
card ..........................................................................................................................
........75
For the renewal of a medical marijuana
establishment agent registration card ..............75
For the initial issuance of a medical
marijuana establishment registration
certificate for an independent testing laboratory .....................................................5,000
For the renewal of a medical marijuana
establishment registration certificate
for an independent testing laboratory .......................................................................3,000
good news on FL front...
http://boingboing.net/2014/08/20/florida-anti-pot-leader-weed.html
How can anyone with even one brain cell firing believe anything this guy says? The "Drug Free Florida" group just went "reefer madness" and imo lost ALL credibility.
I recently read an article that I think was either by the commission or quoted by the commission and it made a sly offhanded reference to the surprise email attack of the clark county fiasco and mentioned steps were taken to prevent a repeat. Something about only publically verifiable information was to be considered. The overall tone of the article had me feeling all warm and fuzzy and had me thinking the licenses are in the bag.
Do you remember coming across this article within the last few weeks? I check so many different places doing dd that for the life of me I can't remember. It could of been here on ihub or a hundred different places. I'll attempt to locate, time willing.
*** MUST READ ***
The following is a link to the NV mj press packet. Also at the end they provide additional links about the licensing process, requirements and regulations. The regulation link is 114 pages long and spells out everything in detail. enjoy the read
http://www.health.nv.gov/MedicalMarijuana/MMEPressPacketFinal.pdf
Almost 1 year trtc for me. Chances are good I'll hold for at least another year or longer.
I'm thinking a new hod to close out the power hour and into the .40's Wednesday, Thursday and Friday. Then into the .50's on Monday or Tuesday then sideways into September.
imo of coarse
Yeah I see your point, I wish I had accumulated last summer, I would like to get more shares in the .30's but I'm tapped. I could have sworn I had you mm'ed, well anyway now I do.
out of curiosity, fellow long, what is your #1 in the mj sector? Probably not going to agree but am curious has to what you came up with. maybe I'm missing some crucial dd.
I wonder if there is anything stopping them from growing in one or more of their trailers while the greenhouses are being built out.
Once the greenhouses are finished (not sure of time frame) clones can be grown, harvested, dried, tested, packaged and on disp shelves in 10 - 12 weeks depending on the strain.
just heard back about reg sho and they were not much help. They said they were bound by confidentiality agreement and gave me a lot of general info and advised I examine the short interest and sec fails etc... to try and piece together what exactly is going on. They would neither confirm nor deny any naked short selling or any legitimate error. They also noted that if I suspected "wrong doing" to report it 'cause they have the means to demand answers from mm's and they take this kind of thing very seriously.
It was worth a shot right. anyway, up 6+% @ lunchtime
long-n-strong
VAPO - letter to shareholders
http://finance.yahoo.com/news/vaporin-issues-letter-shareholders-130000804.html
I sent an email this morning requesting more info. I'll post when/if they respond.
Naked short selling ...
http://en.wikipedia.org/wiki/Reg_SHO
Nice, I've stated numerous times that this is an otcqb start-up company on the forefront of multiple new groundbreaking industries set to explode and should not be evaluated as if it's on the s&p 500. At least not yet. It's good to see reason in the land of extremes.
If sellers could read the Q2, they would be buyers.
Nice close! "old school" power hour going on
trtc is 5 for 5
I accumulated a few more shares this morning on the dip. I got them @.3575 and now have $2.24 of buying power in my brokerage account. I'm tapped, all in.
The losses per share are decreasing!
Here is a small copy/paste of a portion of the s-1:
"For the year ended December 31, 2013, we incurred a net loss of $6,148,351 or $0.06 per share, compared to a net loss of $5,836,369 or $0.08 per share for the prior year."
Has anyone can see .06 < .08. This means that the loss per share is decreasing from year to year. Now if you want to compare '12 and '13 financials to the '14 financials you need to wait until they are released. When making comparisons you need to be sure you are comparing apples to apples and not apples to bowling balls.
It's going to be a big week folks.
here is a link to the 8k, I need to refresh my memory and do a little dd
http://www.sec.gov/Archives/edgar/data/1451512/000147793214000566/trtc_8k.htm
Great move Vegas. I'm tapped or I would be buying everything I could. The odds are definitely better than you would get in any casino.
been holding shares for almost a year now.
plan on holding at least until after the nv state decision.
Naming all the potential dispensaries similarly by state is very clever. (BlumOAK, BlumLV, BlumFL, BlumNJ and so on) Once mj is fully legalized and allowed to be transported across state lines, trtc will have laid the groundwork to create a national dispensary brand.
I'm saying they are going to beat the estimate of 3.5 by posting a 4.25 - 4.5 quarter within the next 2 weeks. My 1 year is coming up and looking forward to the additional tax breaks when/if I do decide to take a little off the top. I would advise to get shares while they are cheap or at the very least have some funds ready to buy when financials are released.
bought in @ .11 in 4Q'13
I'm sticking to the call I made a few weeks ago of 4.25 - 4.5.
The weakness and disaster he is referring to isn't for the trtc longs. It's for those who are shorting.
Does anyone remember/know what kind of issues NB had with the debt structure?
You called it, looks like your support call was tested a few times today but held firm. Next week begins slow climb to financials. imo
Sorry george you are incorrect..
I started working on farms and in orchards full time when I was still in the single digits. There are three main types of strawberries or used to be. (it's been awhile) I believe your referring to the junebearer type and the "first year rule". It is recommended that you pick off the flowers has soon as they develop so that all the nutrients go to developing a large root system. Strawberries have a shallow root system and dry out fast. With hydroponics you don't need an elaborate root system. In soil strawberries grow fast but with hydroponics they will grow at supersonic speeds. With hydro the yields will be heavy and the berries will be cleaner with much less critter damage. A wide variety of animals love strawberries. Deer eat the leaves and birds, squirrels, rodents and especially turtles love strawberries. Greenhouses will prevent series damage. Other than that they are incredibly easy to grow and will produce massive yields and command a high price at market.