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Sunday, March 29, 2015 3:29:37 PM
GREAT conference call for TRTC. Key points
Key points from the call for me were.
No plans to raise authorized share count above 350 million.
IVXX cannabis on sale now in Cali, all profits go to TRTC.
May open another lab in southern Cali for IVXX. Sounds like the expect big things.
Lots of mentions of acquisitions, like something is in the works.
Building state of the art growing facility in Nevada to keep LONG term costs down. Key being LONG TERM.
Taking time to be BEST to market in Nevada, not first. No reason to race as in the beginning there will not be so many with the Medical Cannabis card anyway. Of course one positive for Nevada though is that card holders from other states may purchase Cannabis in Nevada.
Edible Garden to be cash flow positive in Q2 (that is starting next week)
Lots of connection formed in the NE for more MJ growing opportunities.
Talking with indian tribes!! IVXX Peace pipe??
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