InvestorsHub Logo
Followers 244
Posts 33596
Boards Moderated 4
Alias Born 09/29/2005

Re: donw762 post# 74711

Friday, 09/19/2014 9:24:17 AM

Friday, September 19, 2014 9:24:17 AM

Post# of 290030
The OS shares went from 167 to 333 million, with the last S-1 they sold 48 million shares for 6 million dollars...... and they still need 9.75 million dollars IF they get the Nevada licenses...and during the times of building Nevada the convertible notes become active....so after all this is accomplished they will have at least 16 million in debt and their business model in Nevada is shared, thus they will be sharing profits of roughly 50%, where the investors offered 1.3 million in cash and TRTC had to come up with 9.75 million....... From what I found an average dispensary makes between 500,000 to One million a year....