Sunday, November 09, 2014 12:31:00 AM
If you still have $TRTC shares irregardless of being upside down in your position then you are to blame NOT the Bonnie & Clyde executives that are apparently running this pump and dump pot scam selling shares of turnips and red fruit allegedly!
It seems to they filed a Form 4 and the insiders gave themselves bonuses totaling $1,431,998.
How is this justified since TRTC isn't profitable - and in the last quarter had revenue of $560,000 but cost of sales was $558,000 - that doesn't seem very efficient or worthy of a bonus.
Here is the breakdown:
Quote:
Amy Almsteier Stock granted as compensation for bonus and services rendered amounting to $100,000 196078
Steven Ross Stock granted as compensation for bonus and services rendered amounting to $102,000. 200000
Ken VandeVrede Stock granted as compensation for bonus and services rendered amounting to $226,666 444444
Mike VandeVrede Stock granted as compensation for bonus and services rendered amounting $226,666. 444444
Steve VandeVrede Stock granted as compensation for bonus and services rendered amounting to $226,666. 444444
Michael Nahass Stock granted as compensation for bonus and services rendered amounting to $250,000. 490196
Derek Peterson Stock granted as compensation for bonus and services rendered amounting to $300,000 588235
You might want to reconsider TRTC as anything other than another MMJ money grab.
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