I think that they're making some good moves. It's very comforting to me knowing that the exact same person that wrote the article that ruined TRTC's PPS is the exact same author that ruined HLTH's PPS as well, and is being sued for such. It is a shame to me that TRTC didn't do this first, seeing as it happened to TRTC a year ago, versus HLTH's recently.
As far as how I feel about changes that TRTC is making to affect the bottom line
-Derek must continue to expand aggressively. If you're looking for a buyout after legalization, you'll need to be a serious competitor with lots of footprint to be considered.
-Derek must continue to expand outside directors. This isn't TRTCs first outside director. One was hired in 2012 and it didn't make much difference. I'm hoping that a continued search for more outside compensation committee will benefit PPS.
-I still don't understand the selling of stock when they receive salaries these days. Especially at .08-.12.
-expenses. We need to see how the IVXX expenses are. We can't have another 40m in deficit due to IVXX costing as much to sell as it does to make. We need to see good margins at ALL of the dispensaries. AFTER expenses and salaries are paid.
-I still hate that blumoak is making a killing off of TRTC. It's a serious conflict of interest. TRTC Is bleeding while Blum is raking in profits. We need to absorb that absolutely asap.
-for profit in 2018 or 2016, who cares, it's coming and will be baked into the PPS prior to 2018. Weeks? Months? Who knows, but it will.
-we need an update on dilution. Is magma needed still? Is IVXX covering? Is the lawsuit covering? What's happening.
-bottom line revenue versus expense is very telling imo. We've had years of bad fins and we really need to start working on that.
Also, I tried IVXX and loved it. Gave some to my friend who also loved it. Really great product and the dispensary owners loved it as well. They told me they were going to carry it exclusively and get rid of their other wax brands because they can't compare.
SSC
