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What's weird is these folks are not just 'half full' vs 'half empty' types - they are great examples of nihilism.
Nihilism is the belief that all values are baseless and that nothing can be known or communicated. It is often associated with extreme pessimism and a radical skepticism that condemns existence. A true nihilist would believe in nothing, have no loyalties, and no purpose other than, perhaps, an impulse to destroy.
Perfect fit.
Nobody ever got rich predicting the past. I would have thought Golden Leaf would have taught you that by now.
If the current US government was not this POS government filled with incapable folks appointed for their ability to praise an imbecile and a Senate incapable of passing gas on a good day then CEO's of companies like TRTC, Cresco Labs, Liberty Health, MedMen, Cronos, Aurora, CGC, Curaleaf, Hexo, along with most of the industry would not have been stagnant or losing value all these years. maybe even the small ones like your Golden Leaf could have survived.
The very fact that you think TRTC is alone in it's problems over the last few years is more descriptive of one's ability to shove one's head in the sand deep enough to not see opportunities in down markets rather than the formation of any kind of cogent argument. So repetitiously eager to please your fellow stand-ins it's funny - not informative.
What you folks need to do is to gain some focus, lose your obsessions and invest at the lowest price you can get. And I'd say you can do that in any of the basket full of MJ stocks beaten down by this ridiculous government's disjointed policies if anybody could even discern a policy at all. But TRTC's reach up the charts will be a factor several times more than most stocks in that basket.
Disgruntled employee #2
In the Matter of Houston American Energy Corp., et al.
Admin. Proc. File No. 3-16000
The Respondents have paid a total of $572,500.00.
On July 16, 2018, the Commission issued an order establishing a fair fund (the “Fair Fund”), pursuant to Section 308(a) of the Sarbanes-Oxley Act, as amended, so the penalties, along with the disgorgement and prejudgment interest, can be distributed to harmed investors. See the Commission’s Order: Release No. 83636.
On February 25, 2019, the Commission issued an order appointing Miller Kaplan Arase LLP as the Tax Administrator of the Fair Fund. See the Commission’s Order: Release No. 34-85185.
HUSA still paying investors harmed by their fraudulent dealings
So you want the folks bending over for the Pump? Looks like a dump will becoming at at the .015 area. Could be tough to get to that point again. You will need some forward looking bogus news. I'm sure the Company is not beyond that.
So you want the folks bending over? Must be almost time to do the Dump.
Man they must be giving away the stuff judging from their most recent financials - 100k in revenues? WOW it's on fire - better buy that pick!!
SEC violations, late filings, no audited filings, lowest tier of the pink sheet. And that is from about 30 minutes of digging.
Good luck following the pumper on this board.
He will pump past the point of no return and then go silent while the stock nose dives. That is what they do.
Kinda like your post of a Fuzzy Panda Short Attack BS.
Only thing is the SEC is not a lying scumbag like Panda.
So you thing these guys changed in three years? What a laugh. They just changed their tactics to Pump and Dump HEMP to .000001
And that was from the annual report that was filed late and included a 2nd grader's view of financials. A hundred thousand for revenues? Hell of a P&D you work for.
SEC Charges Issuer, HEMP CEO, and His Associates with Engaging in a Fraudulent Scheme to Evade the Registration Provisions of Section 5 of the Securities Act of 1933
The Securities and Exchange Commission on June 20, 2016, charged Las Vegas-based issuer Hemp, Inc.; its CEO, Bruce Perlowin; Bruce's friend, Barry Epling; Bruce's brother, Jed Perlowin; and certain other private companies with engaging in a long-running fraudulent scheme to evade the registration provisions of Section 5 of the Securities Act of 1933 in connection with securities issued by Hemp.
According to the SEC's complaint, Bruce Perlowin and his co-defendants sold hundreds of millions of unregistered and purportedly unrestricted Hemp shares to public investors. The execution of this scheme involved, among other things, purported gifts and consulting agreements that do not appear to have been bona fide, the use of nominee companies, and fraudulent statements made to Commission-registered broker-dealers.
The SEC's complaint charges Hemp, Inc., Bruce Perlowin, Epling, Jed Perlowin, and private companies owned by Epling or Jed Perlowin with violating the registration provisions of Section 5 of the Securities Act of 1933 and the antifraud provisions of Section 17(a) of the Securities Act and Section 10(b) of the Securities Exchange Act of 1934 and Rule 10b-5 thereunder. The SEC seeks permanent injunctions, financial penalties, disgorgement of ill-gotten gains plus interest against all defendants, and officer-and-director bars against Bruce Perlowin and Epling.
The SEC's investigation was conducted by James J. Thibodeau and supervised by Richard R. Best of the SEC's Salt Lake Regional Office. The SEC's litigation will be led by Amy J. Oliver.
The amount of loss per share was reduced by 33% and the gross profits went up by 28% due to the improved margins allowing TRTC to pay a larger percentage of their SAG. This is the first quarter of three quarters to bring TRTC to profitability and it is a good start.
They are on the path to profitability, I made a bundle on the trade and all is well in TRTC land as the buy back is still in it's future Additionally, my average only increased 3 cents a share for a 35% gain - I'd say that was a decent days work. And we have lots more coming - which I am sure you will miss out on.
Between now and the 10k it's TRTC of 2015/2016 and time to ride the waves up.
Good luck for you also - every wave will have a trough the pigs can feed in.
MJNA needs a business, a product, a management team. Instead all it has is a pump and a dump.
They get it. They just have a job to do. A real suxy job.
I'd bet some of them made a little on that pop from the release. I'd bet lots of folks sold half to all at the .45 and up area knowing it had nothing to do with the buy back - just a reaction to the news.
The alternative is just weird. Why spend all the time and not know the obvious plays with this stock.
I had hopes you were.
Their long term debt is terrible which is probably why, along with the legalization slow walk by this government, the trend has dropped the price 50% since march.
Proven fact more grows and more profits from hydroponics and indoors. Not to mention the requirements to not have fungus, pesticides and other crap our farmers use that are killing the planet are more controllable inside.
Gross margin is Gross margins and that formula doesn't change based on wishes. You sure that wasn't LibertyU?
The gross margin was a good improvement. The revenues were a good improvement. The gross profits improved considerably and these improvements will, if continued, eventually lead to net profits. Throw in legalization (a given), a competent government(looking better and better every day) and TRTC will be in better shape than the Canadians with their minuscule market share and a border between them and our customers.
The next quarter will be reported around 8 Nov. Between now and then we should start seeing the buy back.
On the other hand you could invest in the Canadian duds whose losses are epic and quickly pissing off US companies like Altria, banks like BAC and lots of Wall Street hedge funds who have funded their billion dollar losses.
Reported in June 2019 - The Company is in the final stages of construction at its 13,000 square foot cultivation facility in Hegenberger, Oakland, which is expected to be fully operational upon receipt of State licensing.
13000 square feet - sounds like a few tons of MJ at around 1000 bucks a pound.
This is one of those shoulda, coulda, woulda, moments.
We have a clear path to profitability and remain committed to building shareholder value, concluded Mr. Peterson.
Fact - Dilution increases the number of outstanding shares and causes the value of each share to decrease. A share buy back decreases the number of outstanding shares and causes the value of each share to increase.
20 million dollars will buy a 50 million shares at .40 and increase the value of each share of 2X or more. Add to that we have a 10q coming in November which looks like it will continue the drive to a 63 million dollar quarterly run rate.
$TRTC - WOW,WOW Gross margin for the period ending June 30, 2019 was approximately 47.4%
$TRTC - WOW! For the quarter ending June 30, 2019, the Company generated revenues of approximately $10.37 million, compared to approximately $8.72 million for the second quarter ending June 30, 2018, an increase of approximately $1.65 million or 19%.
Besides the fact that all Form 4's this year are buys ...
Besides the fact of a near 50% reduction in Outstanding shares is coming ...
We know:
1. All of Terra Techs operating California facilities were issued a provisional license from the State of California, which is valid for one year and requires METRC compliance. The issuance of these licenses ensures that operations will continue in a lawful and uninterrupted manner for the next year.
2. Terra Tech launched its legal cannabis delivery service operating from its state licensed Blum dispensary in Santa Ana, making Terra Tech a major supplier of medical and adult-use cannabis to Santa Ana and the surrounding cities, such as Irvine, Laguna Beach and Newport Beach.
3. Terra Tech has begun the process to fully permit and open a vertically integrated cannabis complex to host large-scale, cannabis-themed events at its East Dyer Road location.
4. Terra Tech is in the final stages of construction at its 13,000 square foot cultivation facility in Hegenberger, Oakland, which is expected to be fully operational upon receipt of State licensing.
5. Blum San Leandro commenced sales to the adult use market after receiving City and State approval.
6. Terra Tech started the process of opening a CBD only retail location called Blum CBD in Downtown Las Vegas at its retail location on 121 North 4th Street.
7. And the trash was taken out including the VV's, Heidi - the scag married to the corrupt CEO of the defunct Countrywide Mortgage company and dear old Ski.
Cool, I hope $TRTC worked out for every one, $REEMF might interest folks.
Holding fairly well as profit taking occurred,
1. 50 MA still over 200 MA,
2. The third quarter is close to ending with the report due around the 8th of November,
3. Looking forward to Dyer road build out, increasing delivery ranges, 63 million dollar run rate, further improvements in margins and New Jersey developemnts,
4. Legislation toward legalization looks promising,
5. And to top it off the buy back is still in our future.
And some poor nutcake says the buy back of 20 million dollars of shares is a Pump and Dump strategy - someone should tell the rest of corporate America who does it routinely.
Actually 35.12%
Aurora is now a sell with a target price of 5 bucks, CGC has lost billions, Cornos is killing Altria. When are some folks gonna figure it out? Canadians can grow trees not profits - that's it - that's the big secret to Canadian pot stocks.
If they had a more productive work force big business would be up their in mass - they are not.
These stocks have already peaked. Wall Street is about a minute from drying up as their source to fund their ever increasing debt.
A Target of $5 for ACB will turn out to be overly generous by next year.
Terra Tech Corp. (OTC: TRTC), has focused on integrating the best of the natural world with technology to create sustainable solutions for medical cannabis production, extraction and distribution, plant science research and development, food production and Closed Environment Agriculture (CEA).
Through its Blüm Santa Ana dispensary, Terra Tech has become a major supplier of medical and adult-use cannabis to Santa Ana and the surrounding cities, such as Irvine, Laguna Beach and Newport Beach. All of the aforementioned cities suffer from a scarcity of existing cannabis dispensaries. The launch of their premier delivery service has enabled the Company to expand distribution of its best-in-class cannabis products to reach an even greater number of patients and customers.
Terra Tech purchased multiple delivery vans and hired sales associates to deliver products within Orange County, CA, starting with a 20-mile radius out from the Company's Blüm Santa Ana store.
The company recently entered into an agreement to sell 100% of the assets of its Blüm Reno dispensary, located at 1085 S Virginia St Suite A, Reno, NV 89502, including the building where the dispensary is located, for a purchase price of $15,000,000.
Terra Tech’s Blüm Reno dispensary has been operational since January 2017 and provides cannabis products to the local medical and adult-use markets, including the Company’s proprietary IVXX™ brand of premium medical cannabis, flowers, shatters, waxes and oils among other high-quality cannabis products from a range of reputable providers of superior grade medical cannabis.
Derek Peterson, CEO of Terra Tech commented, ''Selling the cannabis retail license for our Blüm Reno dispensary is another key milestone in our restructuring plan, a strategy that has been implemented to leverage our balance sheet to fuel growth, as opposed to approaching the capital markets more often than is necessary. Our Blüm dispensary in Reno has substantially increased in value since its opening and selling its assets allows the Company to strategically monetize this asset. To move forward with our restructuring strategy, we plan to redeploy the additional capital generated by this sale toward more productive assets in California, in areas such as infrastructure and sales and marketing.”
https://ih.advfn.com/stock-market/USOTC/terra-tech-corp-TRTC/stock-news/80752823/the-disruptive-advantage-how-new-technologies-are
Been a long haul with lots of bumps.
Are we standing on a bump or are we at the foot of a mountain?
I think that will be up to the status of legalization.
And that will be up to the election.
So it's great TRTC has found a way to profitability not entirely dependent on our current leopards changing their spots.
9/11/2019 - As part of the settlement TRTC purchased - PAST TENSE - All shares from the Vande Vrede Family.
Boy oh Boy those boys are crying tonight they missed a 35% jump.
Sticks and stones. Words will not help them this is not an iffy thing a buy back of the magnitude this one may be is a game changer.
Also feels good to see that some of the old folks kept their finger in the pie.
What +35% and that is all before the buy back has happened - WOW!!!
What's a laugh the losers could have made over 15% if they jumped in at the beginning.
When the buy back actually starts it's going to be hilarious.
We all need to hit Yahoo, Ihub and any other places that can help drive volume and put the news and result there.
Almost up a dime since yesterdays low.
Higher share price the more each share can buy in assets. It's a win/win for the company and the investors.
Hey Ski, how's the job hunt going?
Great day. Well earned by the share holders.
You must have the bills facing down.
We should see the 50 DMA cross the 200 DMA - nice bonus for the chart folks.
So, how many of our vocal critics brought this morning at a 5 cent premium? Must be confusing for some.
This is just buyers volume driving the price up. We have not seen the effect of the buy back yet.
The buy back has lots more legs.