Monday, November 09, 2015 1:00:09 PM
Per TRTC's own Press Release and a statement from NORML, CA IVXX is to remain NOT-FOR-PROFIT until 2018 --
Despite being funded by shareholders, TRTC's only active cannabis operation - IVXX - will be prohibited by CA law from generating and disbursing profits until after 2018.
SHAREHOLDERS HAVE NO WAY OF BENEFITTING FROM TRTC'S CURRENT ACTIVE CANNABIS OPERATIONS UNTIL 2018.
Again- as far as active cannabis operations are concerned, TRTC is a publicly traded NOT FOR PROFIT company.
It sounds crazy because it is crazy.
With TRTC's deficit approaching $50,000,000 and no way to fund operations including the NV build out, massive dilution is likely on the horizon. With this news, an increase to authorized shares is more likely than ever. This will bring the carnage folks. Please - BE CAREFUL.
CONSUME INFORMATION WISELY.
THANKS FOR THE CRITICAL DD DOC!
We prefer facts over fabricated hype...which is precisely why our level of accuracy continues to go unmatched. CONGRATS TRADERS
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