RakeMan:
Not certain why you deleted the message I am responding too...the one where you admit you lost money across 16 years...
The OTCBB is a venture stage platform for new ideas, businesses low on capital, or with weak credit.
I believe the dynamic you have witnessed across 16 years is the result of a fundamental design flaw by the SEC--the allowance of widespread and unlimited sub-penny day trading in an exchange designed for upstarts. I say that the missions of companies on the OTC are often incompatible with the mission of day traders. It's the day traders work with the brokers that prevents normal PPS progression. It is an obsession for some people to work the momentum and charts to their advantage never wanting to lose money so they sell out and cause price fluctuations. It is fear based trading, not socially conscious investment for long-term gain. In other words, it's the nature of this beast.
In the development phases of new economies, companies are not able to demonstrate consistent growth until their products are in the market and barriers to implementation of their plans are removed. They will have price lulls.
For all MJ upstarts, the main barrier is the SEC/DEA/Congress. For TRTC, within this larger albatross, their current barrier is two-fold: 1) Bitter people who don't understand the purpose of the OTC, the nature of new industries, and can't accept their own failings; and 2) The essential and often uncontrollable time periods between business plan activities/tasks and completion of same.
I am certain the current PPS would be much higher if Derek could force a decision from the Clark County Commissioners. He has to wait with every other applicant. In this wait period, people who want to buy into the Nevada revenue streams, are waiting for a concrete decision before they invest. When Derek is awarded a contract, the day traders will jump in as if Derek was their best friend.
You really are wasting time of people far ahead of you in wisdom. Your words are hurtful, destructive and way off base.
We are all lucky to have this emerging market before us. It is exciting and will be rewarding for long investors.
