Tuesday, December 09, 2014 10:31:00 AM
The problem is that the company isn't in a position to profit from any of these future operations due to massive dilution, a gigantic and growing operational defecit, etc.
TRTC only owns HALF of these future cannabis operations. What is likely to happen is shareholders will end up funding the operations but never see a penny of the profits.
All that said - there is still the fact that it is going to take significantly longer than anyone expects to get dispensaries up and running. And with the recent litigation, who knows what kind of delay we'll experience.
So, from my perspective and many others, the issue is not that TRTC is an outright bad company, it's that TRTC isn't in a position to make money for shareholders.
Flip the hype for free shares but when it comes down to it - this isn't an attractive long term investment.
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